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Jupitermedia Announces That John Patrick, Former IBM Vice President of Internet Technology Joins Its Board of Directors

Business/High Tech Editors
NEW YORK–(BUSINESS WIRE)–Jan. 7, 2003


Jupitermedia Corporation (Nasdaq:JUPM) today announced that John R. Patrick has joined its board of directors.

Mr. Patrick retired from IBM in 2001 after a 35-year career where his most recent position was Vice President of Internet Technology. He is the author of the recently published book Net Attitude (Perseus Publishing). Mr. Patrick becomes the fourth independent director on the Jupitermedia board of six.

“We consider it an honor and a terrific asset to have someone such as John Patrick join our board of directors,” stated Alan M. Meckler, Chairman and CEO of Jupitermedia Corporation. As Chief Technology Officer for IBM’s Internet activities, Mr. Patrick was involved in many of IBM’s Internet technology initiatives during the 1990s and is acknowledged for his positive contributions in Louis Gerstner’s new book Who Says Elephants Can’t Dance? (HarperCollins Publishers). Mr. Patrick also served in various financial roles during his career at IBM including a stint as Chief Financial Officer of various business units of the company. “He brings a rare and well-rounded business resume that will be tapped by both our board of directors and executive team,” said Mr. Meckler.

About Jupitermedia Corporation

Jupitermedia Corporation (Nasdaq:JUPM), (www.jupitermedia.com) headquartered in Darien, CT, is a leading provider of global real-time news, information, research and media resources for information technology and Internet industry professionals. Jupitermedia includes the internet.com and EarthWeb.com Network of over 150 Web sites and 175 e-mail newsletters that generate over 200 million page views monthly. Jupitermedia also includes Jupiter Research, a leading international research advisory organization specializing in business and technology market research in 18 business areas and 10 vertical markets. In addition, Jupiter Events include nearly 40 offline conferences and trade shows focused on IT and business-specific topics.

“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 Corporation competes; the unpredictability of Jupitermedia Corporation’s future revenues, expenses, cash flows and stock price; Jupitermedia Corporation’s ability to integrate acquired businesses, products and personnel into its existing businesses; Jupitermedia Corporation’s investments in international and venture fund investments; any material change in Jupitermedia Corporation’s intellectual property rights and continued growth and acceptance of the Internet and information technology. For a more detailed discussion of such risks and uncertainties, refer to Jupitermedia Corporation’s reports filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward-looking statements included herein are made as of the date of this press release, and Jupitermedia Corporation assumes no obligation to update the forward-looking statements after the date hereof.

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All current Jupitermedia Corporation press releases can be found on the World Wide Web at http://www.internet.com/corporate/press.html.

Jupitermedia Corporation 23 Old Kings Highway South, Darien, CT 06820; 203/662-2800; fax: 203/655-4686; [email protected]