internet.com Name Change to INT Media Group Is Finalized.Business & Technology Editors NEW YORK--(BUSINESS WIRE)--May 29, 2001 internet.com Corporation (Nasdaq: INTM INTM Interrupt Mode ), the Internet & IT Network, today announced that it has changed its name from internet.com Corporation to INT Media Group, Incorporated to more accurately reflect its current business model. The name change was approved at the annual meeting of stockholders on Thursday, May 24. The company will continue to trade on Nasdaq under its current ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors INTM. "Our name change from internet.com Corporation to INT Media Group more accurately reflects our current business as a media company as well as our strategy to continue to expand our services, online and offline, to Internet and IT professionals," stated internet.com Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Alan M. Meckler. "Online, the internet.com Network, including the recently acquired EarthWeb sites, is a trade publishing company unmatched by any other with nearly 5.0 million unique Internet and IT professional users worldwide. Offline, we have over 40 Internet and IT-specific events scheduled for 2001 for our seminar operations, which include a number of internally generated properties as well as the recently acquired Intermedia Intermedia - A hypertext system developed by a research group at IRIS (Brown University). Group events. We are also moving aggressively into market research with the recent launch of our CyberAtlas Research Division and the research services already offered by Intermedia Group. About INT Media Group INT Media Group (Nasdaq: INTM), headquartered in Darien, CT, is a leading provider of global real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. news, information and media resources for Internet industry and information technology professionals, Web developers and experienced Internet users Internet user n → internauta m/f Internet user Internet n → internaute m/f . INT Media Group includes the internet.com and EarthWeb Network of 160 Web sites and nearly 300 e-mail newsletters that generate over 275 million page views monthly. INT Media Group's events include over 40 offline internet.com and Intermedia Group seminars on Internet and IT-specific topics that are aligned with our Network of Web sites and e-mail newsletters. In addition, INT Media Group recently launched its CyberAtlas Research Division that publishes research reports analyzing the Internet and information technologies sectors worldwide. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release which are not historical facts are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " 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 which 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 internet.com competes; the unpredictability of INT Media Group's future revenues (including those resulting from online advertising on INT Media Group's Network of Web sites and related Internet media properties), expenses, cash flows and stock price; INT Media Group's investments in international and venture fund investments; any material change in INT Media Group's intellectual property rights and continued growth and acceptance of the Internet. For a more detailed discussion of such risks and uncertainties, refer to INT Media Group'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 INT Media Group assumes no obligation to update the forward-looking statements after the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . |
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