JUPITERIMAGES' PARTNER STOCKXPERT.COM ANNOUNCES MICROPAYMENT SITE SURPASSES 120,000 IMAGES AND LAUNCHES PAYPAL SERVICE(New York, NY - May 31, 2006) - Jupitermedia Corporation (Nasdaq: JUPM) today announced that Stockxpert.com (www.stockxpert.com) now has available for sale over 120,000 images, with 10,000 additional images being added weekly, and that it now accepts PayPal as a service to its growing list of image customers. Stockxpert.com is owned by HAAP Media Ltd., which is based in Budapest, Hungary. Stockxpert.com is available in many languages including English, Spanish, French, German and Hungarian, with Brazilian, Portuguese, Polish and Dutch translations launching soon. HAAP Media also owns Stock.xchng (www.sxc.hu). Stock.xchng is one of the largest stock photo community Web sites in the world with over 40 million page views monthly and over 700,000 registered users. Jupitermedia owns a 49.7% equity investment in HAAP Media Ltd.
"We are pleased to see the rapid growth of the image collection on Stockxpert.com" stated Alan M. Meckler, Chairman and CEO of Jupitermedia Corporation. "In less than seven months we have added over 120,000 images and the number of submissions by photographers around the world is accelerating. The addition of the PayPal service makes Stockxpert.com that much more accessible for image buyers worldwide. We plan on adding additional user features in coming months. Our ownership interest in Stockxpert.com combined with our many subscription, royalty-free and traditional rights-managed image offerings, distinguishes Jupiterimages from our competition as the only company catering to all levels of image buyers worldwide," added Meckler.
"We believe that with our flexible and friendly service, easy user interface and attention to quality, Stockxpert.com is quickly becoming a significant player in the stock photo field," stated Peter Hamza, Founder of HAAP Media Ltd.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM) (www.jupitermedia.com), headquartered in Darien, CT, is a leading global provider of original information and images for information technology, business and creative professionals. Jupitermedia includes Jupiterimages, one of the leading images companies in the world with over 7.0 million images online serving creative professionals with brands like BananaStock, Brand X, FoodPix, Botanica, Nonstock, The Beauty Archive, IFA Bilderteam, Comstock Images, Creatas Images, PictureQuest, Liquid Library, Thinkstock Images, Thinkstock Footage, Bigshot Media, Goodshoot, ITStockFree, Stock Image, Pixland, Photos.com, Ablestock.com, PhotoObjects.net, Clipart.com, FlashFoundry.com and AnimationFactory.com. The online media division of Jupitermedia is JupiterWeb, which operates four distinct online networks: internet.com and EarthWeb.com for IT and business professionals; DevX.com for developers; and Graphics.com for creative professionals. JupiterWeb properties include more than 150 Web sites and over 150 e-mail newsletters that are viewed by over 20 million users and generate over 350 million page views monthly.
"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 ability to protect its intellectual property; and Jupitermedia's dependence on a limited number of advertisers. 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 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.
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