Highlights for the year 2006 include:

• Revenues grew 21% to $137.5 million.
• Net income was $13.1 million, or $0.36 per diluted share. Net income for 2006 included a gain of $5.6 million, net of income taxes, related to the sale of Jupitermedia's research business.
• Earnings per diluted share from continuing operations were $0.21 and included non-cash stock-based compensation expense of $0.06.

Highlights for the fourth quarter of 2006 include:

• Revenues for the fourth quarter of 2006 were $34.8 million compared to revenues of $33.2 million for the same period last year, an increase of 5%.
• Earnings per diluted share from continuing operations were $0.02 and included non-cash stock-based compensation expense, legal and other fees associated with discussions with Getty Images, Inc. regarding a potential transaction which were terminated on March 7, 2007 and one-time charges for severance, legal fees, non-cash venture investment writedowns and professional fees associated with abandoned potential acquisitions which totaled $0.03 per diluted share.

"Our financial results for the year ended December 31, 2006 included record revenues. We have been emphasizing the development of our Jupiterimages division and have made significant investments in our image production, technology platforms and direct sales teams during the year," stated Jupitermedia's Chairman and CEO Alan M. Meckler. "At the same time, we have made progress in integrating our many recent image acquisitions. In addition to the expansion of our image offerings, we have continued to increase our wholly-owned royalty-free music offerings. In the fourth quarter we started making investments in our Media business, with the launch of several new IT Web sites and companion trade shows. In addition, we recently announced the acquisition of the remaining 50.1% interest in the ISPCON trade shows and the acquisition of JustTechJobs.com, which is a natural e-commerce offering for our Online Media business audience of over 20 million unique users," added Meckler.

Jupitermedia Corporation 4th Quarter 2006 Financial Results Conference Call Alert

Jupitermedia Corporation invites you to participate in its conference call reviewing 2006 fourth quarter results on Thursday, March 15, 2007 at 11:00 am EST.

The conference call number is (800) 378-9344 for domestic participants and (913) 643-4204 for international participants; pass code "289 1428." Please call five minutes in advance to ensure that you are connected prior to the presentation. The conference call replay will be available until Friday, March 23, 2007. Replay call numbers are (888) 203-1112 for domestic participants and (719) 457-0820 for international participants: pass code: "289 1428."

Acquisitions

• In October 2006, Jupitermedia announced that its Jupiterimages division acquired all of the shares of Cover - Imagen y Publicaciones, S.L. (www.cover.es). With offices in Barcelona and Madrid, Cover Images is a leading agency focused on the distribution of local and international rights-managed images. Terms of this acquisition were not disclosed.
• In December 2006, Jupitermedia announced the acquisition of controlling ownership in HAAP Media Ltd. having 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.
• In December 2006, Jupitermedia announced the acquisition of JustTechJobs.com (www.justtechjobs.com/), an online tech job site. JustTechJobs.com has selected the leading technologies in the IT industry and has created separate vertically focused Web sites dedicated exclusively to each. This niched approach gives JustTechJobs.com the unique ability to get the right job postings directly to the right technology professionals. Terms of this acquisition were not disclosed.
• In January 2007, Jupitermedia announced that its Jupiterimages division acquired the assets of StudioCutz.com (www.studiocutz.com) and BlueFuseMusic.com (www.bluefusemusic.com) from Mediatone Music, Inc. Also included in the transaction were the assets of NoiseFuel.com (imaging elements & sound effects, www.noisefuel.com) and MediaMusicLoops.com (www.mediamusicloops.com). These sites include a music library of over 2,600 wholly-owned tracks of high quality royalty free music and 5,500 sound effects. Terms of this acquisition were not disclosed.
• In January 2007, Jupitermedia announced that it acquired the remaining 50.1% interest in the two annual ISPCON trade shows as well as 100% of the INBOX trade shows from The Golden Group I, Inc. Jupitermedia now owns 100% of these properties, up from the 49.9% interest in ISPCON held prior to the transaction. Financial terms of this transaction were not disclosed.

Divestiture and Discontinued Operations
In March 2006, Jupitermedia sold its JupiterResearch division for $10.1 million in cash and the assumption of certain liabilities by the purchaser, subject to certain post-closing adjustments. The purchaser is JupiterResearch, LLC a subsidiary of JupiterKagan, Inc., which is a portfolio company of MCG Capital Corporation (Nasdaq: MCGC). As a result of this sale, Jupitermedia's Research segment is now being presented as a discontinued operation in accordance with Statement of Financial Accounting Standards No. 144.