2009 PressPress Releases
WEBMEDIABRANDS ANNOUNCES ACQUISITION OF BRANDSOFTHEWORLD.COM
(New York, NY - April 29, 2009) WebMediaBrands Inc. (Nasdaq:WEBM) today announced it has acquired the assets of Brandsoftheworld.com (www.brandsoftheworld.com). Brandsoftheworld.com is a user generated content site where readers view and download more than 160,000 vector format brands and logos. The site has over 2 million unique visitors and over 30 million page views per month. Terms of the acquisition were not disclosed.
"We believe that BrandsoftheWorld.com combined with our AdsoftheWorld.com, CreativeBits.com, AgencySpy.com and Unbeige.com Web sites makes Graphics.com the largest online community of advertising, branding, graphics and design professionals in the world," stated Alan M. Meckler, Chairman and CEO of WebMediaBrands. "In coming months we will launch a range of services and offerings to our Graphics.com community including events, online courses, a freelance marketplace, job board and more."
About WebMediaBrands Inc.
WebMediaBrands Inc. (Nasdaq: WEBM, www.webmediabrands.com), headquartered in New York, NY, is an Internet media company concentrating on BtoB communities. WebMediaBrands has three online communities: Internet.com for IT managers and Web developers; Mediabistro.com for media professionals and Graphics.com for design and creative professionals. All three communities offer job boards, marketplaces, online education offerings and events.
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. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described or implied in the forward-looking statements. The potential risks and uncertainties address a variety of subjects, including risks of achieving the anticipated benefits of and successfully integrating acquisitions. For a more detailed discussion of such risks and uncertainties, refer to WebMediaBrands' 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 WebMediaBrands assumes no obligation to update the forward-looking statements after the date hereof other than as required by law.
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