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(New York, NY - June 1, 2004) -- Jupitermedia Corporation (Nasdaq: JUPM) today stated that its previously announced follow-on public offering closed on Friday, May 28, 2004. Of the shares sold, 3,200,000 shares were sold by Jupitermedia and 1,000,000 shares were sold by certain stockholders of Jupitermedia. An additional 630,000 shares were sold by Jupitermedia pursuant to the exercise in full by the underwriters of their over-allotment option. Jupitermedia did not receive any of the net proceeds from the sale of shares by the selling stockholders.

Jupitermedia expects to use the net proceeds from this offering for working capital and general corporate purposes, including potential acquisitions and the repayment of all of outstanding indebtedness incurred by Jupitermedia to finance its acquisition of Comstock Images on April 1, 2004.

Piper Jaffray & Co. and SG Cowen & Co., LLC were co-managers. A copy of the final prospectus relating to the offering may be obtained from Piper Jaffray & Co., Attention: Prospectus Department, 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, or SG Cowen & Co., 1221 Avenue of the Americas, New York, NY 10020.

About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), ( headquartered in Darien, CT, is a global provider of original online information, images, research and events for information technology, business and creative professionals. JupiterWeb, the online division of Jupitermedia, operates four distinct online networks: and for IT and business professionals; for developers; and for interactive marketers. Jupitermedia also includes: JupiterImages, with products like Comstock Images, and; JupiterResearch, a research advisory organization specializing in business and technology market research; and JupiterEvents, which produces offline conferences and trade shows focused on IT and business-specific topics, including Wi-Fi Planet, Search Engine Strategies and Internet Planet.

"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 competes; the unpredictability of Jupitermedia's future revenues, expenses, cash flows and stock price; Jupitermedia's ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia's dependence on a limited number of advertisers; and Jupitermedia's ability to protect its intellectual property. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia'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 assumes no obligation to update the forward-looking statements after the date hereof.

Jupitermedia Corporation
Alan M. Meckler
(203) 662-2800

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