NEW YORK--(BUSINESS WIRE)--April 19, 2006--Jupitermedia Corporation (Nasdaq: JUPM) today announced that its Jupiterimages division has acquired certain assets of Steve Shapiro Music, including a wholly-owned music library of over 2,200 royalty-free music tracks. Steve Shapiro Music owns a wide selection of tracks offering moods, themes and instrumentation ranging from hip-hop to classical styles. Terms of the acquisition were not disclosed.
Steve Shapiro has composed music for hundreds of radio and TV commercials, documentary films, infomercials and other TV programs. Before establishing his own studio, he was the music director at Harcourt Brace Jovanovich, which produced hundreds of award-winning educational films and recordings.
"We are pleased to purchase over 2,200 royalty-free music tracks from Steve Shapiro. In combination with our recent acquisition of Crank City Music (http://www.crankcity.com) in March 2006 and BBM.net (http://www.bbm.net/) in December 2005, Jupitermedia is now one of the largest owners of digitized royalty-free music for promotional and Web use in the world," stated Alan M. Meckler, Chairman and CEO of Jupitermedia Corporation. "Steve Shapiro, founder of Steve Shapiro Music, will continue to work with Jupitermedia on a consulting basis as we build out a world class royalty-free music distribution operation. We anticipate significant synergies in cross marketing royalty-free music across our vast array of digitized image and other media properties," added Meckler.
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, 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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Contacts
Jupitermedia Corporation
Lisa DiGiacomo, 212-547-7938
ldigiacomo@jupitermedia.com
