JUPITERIMAGES ANNOUNCES SINGLE IMAGE PURCHASE OPTION FOR ALL RESOLUTIONS ON PHOTOS.COM PLUS
Half of All Downloads on Photos.com Plus Now from Stockxpert Contributors
(New York, NY - October 30, 2008) -- Jupiterimages, a division of Jupitermedia Corporation (Nasdaq: JUPM), today announced that its leading photo subscription Web site Photos.com will now sell images at all resolutions on a single image basis. In August, Photos.com introduced the first stock image subscription to combine user-generated content with professionally shot images. Single image prices will range from $5.00 for multimedia resolution images (1-2 MB) up to $70.00 for ultra resolution images (50 MB). No credits are required to purchase these images.
The user-generated content on Photos.com is supplied by Stockxpert (www.stockxpert.com), a leading source for community created content (Stockxpert is also owned by Jupiterimages). Since introducing the groundbreaking Photos.com Plus subscription in August, overall Stockxpert contributor royalties have increased by 11%. Stockxpert images also represent over half of all Photos.com Plus subscription downloads, and 31% of all Photos.com pay-per-downloads. Contributors receive a 30% commission for all single image purchases.
"Jupiterimages continues to demonstrate its unique ability to innovate and lead the industry by leveraging content across its portfolio of sites to create value for contributors and customers alike," said Alan M. Meckler, Chairman and CEO of Jupitermedia Corporation. "The introduction of single image sales at all resolutions represents a tremendous revenue opportunity for Stockxpert contributors by delivering their images to a large base of established customers. Creative professionals and image buyers can now choose from the leading subscription options or buy just the few images they need at an affordable price without having to first purchase credits."
About Photos.com and Stockxpert
Photos.com became an industry innovator and leader when it introduced the online image subscription model to the creative world in October of 2002. In a very short time Stockxpert has become the highest quality community-contributed collection. This powerful combination of great content and convenient purchase options brings all the fresh, stylized, relevant community-generated content to millions of image buyers with the choice, flexibility and price options that do not exist anywhere today.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM, www.jupitermedia.com), headquartered in Darien, CT, is a leading global provider of original information, images and digital content for information technology, business and creative professionals.
"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. Important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements include, for example, the competitive environment in which Jupitermedia and Jupiterimages compete; the unpredictability of Jupitermedia's and Jupiterimages' respective future revenues, expenses, cash flows and stock price; Jupitermedia's and Jupiterimages' respective ability to integrate acquired businesses, products and personnel into their existing businesses; Jupitermedia's and Jupiterimages' respective ability to protect their intellectual property; Jupitermedia's dependence on a limited number of advertisers; the conditions to the completion of the transactions contemplated by the stock purchase agreement may not be satisfied, or the regulatory approvals and clearances required for the transactions contemplated by the stock purchase agreement may not be obtained on the terms expected or on the anticipated schedule (if at all); the parties' ability to meet expectations regarding the timing for completion of the transactions contemplated by the stock purchase agreement; the retention of certain key employees at Jupitermedia and Jupiterimages; and the outcome of any legal proceedings that may be instituted against Jupitermedia Corporation and others following the announcement of the stock purchase agreement.
For information on Jupiterimages Corporation contact:
Director of Marketing
520-881-8101 x. 136
All current Jupitermedia press releases can be found online at www.jupitermedia.com/corporate/press.html