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Jupitermedia Announces Completion of Stockxpert.Com Micropayment Stock Photo Web Site Acquisition |
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Written by Jupitermedia Corporation
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Tuesday, 19 December 2006 |
(New York, NY - December 19, 2006) -- Jupitermedia Corporation (Nasdaq:
JUPM) today announced that it has closed the acquisition of controlling
ownership in HAAP Media Ltd.. With the closing of this deal,
Jupitermedia has increased its ownership position from an initial 49.7%
equity investment made in January 2006 to 90% in HAAP Media Ltd. Based
in Budapest, Hungary, HAAP Media operates Stockxpert.com (www.stockxpert.com), a micropayment stock photo Web site, and Stock.xchng (www.sxc.hu), a stock photo community Web site. Financial terms of this transaction were not disclosed.
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,
Workbook Stock, Brand X Pictures, FoodPix, Botanica, Nonstock, The
Beauty Archive, IFA Bilderteam, 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, AnimationFactory.com, RoyaltyFreeMusic.com,
JupiterGreetings.com and Stockxpert.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. |
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