New York, NY - December 14, 2005. Jupitermedia Corporation (Nasdaq: JUPM) today announced that its wholly-owned subsidiary, JupiterImages, has acquired all of the shares of Agence Images (www.agenceimages.com). Agence Images, with offices in Paris and Sophia Antipolis, France, is a leading distributor of rights-managed digital images for business users and creative professionals. Terms of the acquisition were not disclosed.
"The acquisition of the business and sales operations of Agence Images, which specializes in distributing rights-managed images, combined with our recent acquisition of PR Direct, a leading distributor of royalty-free images in France, further solidifies JupiterImage's position as one of the largest organizations in the business of marketing royalty-free and rights-managed images in France," stated Alan M. Meckler, Chairman and CEO of Jupitermedia Corporation. "Agence Images' operations complement our existing direct sales operations in France and will enable further expansion of our JupiterImages business in the important French market. Agence Images already distributes a number of our rights-managed brands, including Botanica and FoodPix. We are pleased that Laurent DiCostanzo, founder of Agence Images, will now head our combined JupiterImages operations in France. We anticipate significant marketing and business synergies between Agence Images and our JupiterImages division," added Meckler.
About Jupitermedia Corporation
Jupitermedia Corporation (Nasdaq: JUPM), (www.jupitermedia.com)
headquartered in Darien, CT, is a leading global provider of original
information, images and research 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, Comstock Images, Creatas Images,
PictureQuest, Liquid Library, Thinkstock Images, Thinkstock Footage,
Bigshot Media, Goodshoot, ITStockFree, Photos.com, Ablestock.com,
PhotoObjects.net, Clipart.com and Animations.com; and JupiterWeb, the
online media division of Jupitermedia 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 nearly 20 million
users and generate over 300 million page views monthly. Jupitermedia
also includes: JupiterResearch, a leading international research
advisory organization specializing in business and technology market
research in over 30 business areas and vertical markets.
"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.
CONTACT:
Lisa DiGiacomo
Marketing and Public Relations Associate
212-547-7938
ldigiacomo@jupitermedia.com
All current Jupiter Research press releases can be found online at www.jupitermedia.com/corporate/press.html
Comments