JUPITERMEDIA'S JUPITERIMAGES DIVISION ANNOUNCES ACQUISITION FOR WORKBOOK STOCK IMAGE COLLECTION(New York, NY - June 5, 2006) - Jupitermedia Corporation (Nasdaq: JUPM) today announced that its Jupiterimages division has acquired all of the shares of Workbook, Inc. (www.workbookstock.com) from Alexis Scott. Workbook Stock, a division of Workbook, Inc., is a leading resource for high-end rights-managed images. Workbook Stock is headquartered in Los Angeles, CA.
"With the addition of Workbook Stock and its high-end rights-managed images, Jupiterimages has strengthened and solidified its position in the rights managed marketplace," stated Alan M. Meckler, Chairman and CEO of Jupitermedia Corporation. "We anticipate significant marketing and business synergies between Workbook Stock and our previously purchased PictureArts collections," added Meckler.
Simultaneously, Alexis Scott purchased the Workbook print directories, Workbook.com, and all other assignment products from Workbook, Inc.
Terms of the transactions were not disclosed.
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, Workbook Stock, 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.
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