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JUPITER RESEARCH ANNOUNCES BROADBAND UPTAKE WILL REACH 28% OF EUROPEAN HOUSEHOLDS BY 2008

(London, U.K. -- May 20, 2003) -- The latest findings from Jupiter Research, a division of Jupitermedia Corporation (Nasdaq: JUPM), forecast sustained growth in DSL and cable broadband connections throughout Europe fueled by strong consumer interest, wider availability and competitive pricing. The rise of broadband will transform consumer European Internet access over the next five years offering new opportunities for delivering rich broadband content.

By 2007, Europe will overtake the U.S. in the proportion of online households that have broadband with 48% of European online households using broadband, compared to 46% in the U.S. By 2008, 28% of all European households (47 million) will have broadband, making it the most common form of Internet connection in the region.

In contrast, at the end of 2002, 81% of European online households accessed the Internet via a narrowband connection. But consumer interest in broadband is strong and the results of a Jupiter Research consumer survey show that 26% of narrowband Internet users are likely to upgrade to broadband within a year. Yet consumers who are keen to switch are currently hampered by limited broadband availability and poor communication of where the service is available. This has slowed migration from narrowband to broadband. These barriers will drop as improvements in broadband technology -- such as better exchange equipment - will extend the geographical reach of broadband.

Europe is far from a single market for broadband with diverse adoption levels and although these differences will narrow, diversity will persist. At the end of 2002, broadband penetration ranged from 1% of households in Greece to 19% in Belgium. By 2008, these two countries will still represent the extremes of Europe’s broadband market, with penetration rates of 10% and 42%, respectively.

The bulk of broadband households will be in the largest economies: 12.2 million will be in Germany; 6.6 million in France; and 8 million in the U.K. In Spain, the advance of broadband will be much quicker than across Europe as a whole. By 2004, there will be 2.3 million broadband households in Spain and they will outnumber the 1.9 million with narrowband. For Europe as a whole, it will take until 2008 for this shift in dominance to take place.

Ian Fogg, Analyst at Jupiter Research said; "Internet users are highly price sensitive when adopting broadband. Recent moves by European and U.K. providers to offer cheaper DSL and cable services have proved extremely popular. This will continue to drive increased broadband growth."

The complete findings of this report are immediately available to Jupiter Research clients online.

For more information, please contact Jupiter Research: Ian Fogg Tel: +44 207 665 9574 / e-mail: [email protected]

About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), (http://www.jupitermedia.com) headquartered in Darien, CT, is a leading provider of global real-time news, information, research and media resources for information technology and Internet industry professionals. Jupitermedia includes the internet.com and EarthWeb.com Network of over 150 Web sites and 175 e-mail newsletters that generate over 200 million page views monthly. Jupitermedia also includes Jupiter Research, a leading international research advisory organization specializing in business and technology market research in 18 business areas and 11 vertical markets. In addition, Jupiter Events include nearly 40 offline conferences and trade shows focused on IT and business- specific topics, including Computer Digital Expo, America's 21st Century Enterprise IT Conference & Expo (http://www.cdxpo.com).

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release which are not historical facts are "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The potential risks and uncertainties address a variety of subjects including, for example, the competitive environment in which Jupitermedia Corporation competes; the unpredictability of Jupitermedia Corporation's future revenues, expenses, cash flows and stock price; Jupitermedia Corporation's ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia Corporation's international and venture fund investments; any material change in Jupitermedia Corporation's intellectual property rights and continued growth and acceptance of information technology and the Internet. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia Corporation's reports filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward-looking statements included herein are made as of the date of this press release, and Jupitermedia Corporation assumes no obligation to update the forward-looking statements after the date hereof.

Jupiter Research's European Offices:

U.K.
131-151 Great Titchfield Street
London W1W 5BB
Tel: +44 (0) 207 665 9570
Fax: +44 (0) 207 665 9579

FRANCE
4 place de la Defense
92974 Paris la Defense Cedex
Tel: +33 1 5858 0032
Fax: +33 1 4828 2136

SWEDEN
Sodermalarstrand 29
S-118 25 Stockholm, Sweden
Tel: +46 (0) 8 556 085 02
Fax: +46 (0) 8 692 65 01

All current Jupiter Research press releases can be found online at www.internet.com/corporate/press.html.

All current Jupitermedia Corporation press releases can be found on the World Wide Web at http://www.internet.com/corporate/press.html.


Jupitermedia Corporation 23 Old Kings Highway South, Darien, CT 06820; (203)662-2800; fax: (203) 655-4686; [email protected]

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