New York, August 17, 2000 A new collaborative report from Jupiter
Communications, Inc. (Nasdaq: JPTR), and Media Metrix, Inc. (Nasdaq: MMXI)
reveals that business-to-business (B-to-B) online advertising is the fastest
growing and one of the most financially rewarding segments for online
publishers. The joint report combines Jupiter analysts insight with Media
Metrix s online ad measurement data and provides marketers and online
publishers with insight into ways to leverage the growing US B-to-B online ad
market.
Data from AdRelevance, Media Metrix online ad tracking division, indicates
that the B-to-B industry is the fastest growing online ad segment in mainstream
online media. The segment has grown to 5.6 billion online ad impressions in
second quarter 2000 up from one billion impressions in third quarter 1999. And
the growth in the B-to-B market outpaces the industry average, according to the
data. In fourth quarter 1999, the growth rate of B-to-B online ad spending was
just below that of the industry average at 89 percent; however, it easily
surpassed the industry average with 94 percent growth in first quarter 2000.
Jupiter analysts estimate that based in its current growth rate, the B-to-B
market will grow to $3 billion by 2005, representing 18 percent of online
advertising spending on mainstream online media.
AdRelevance data reveals that 80 percent of business-to-business (B-to-B)
online ad impressions are hosted on 25 publisher sites. Compared with more
mature markets, such as financial services and retail, where the majority of
online advertising impressions are distributed across eight or ten
publisher sites, respectively, B-to-B online advertising is highly fragmented.
Jupiter analysts believe that the B-to-B market will only become more
fragmented. Publishers should continue to devote resources that target B-to-B
ad dollars, despite their fears that fragmentation could equal lower revenue
potential. In fact, top publishers, as ranked by B-to-B advertising
impressions, each earn on average $5 million quarterly from this growing
market, compared with only $500,000 per top publishers in the automotive
industry.
Publishers must continue to spend the time and money to target B-to-B
online advertisers, said Jean-Gabriel Henry, an analyst with Jupiter. Not only is the B-to-B segment
the fastest growing today, but it is also one of the most financially rewarding
for the top sites in the category. We believe that the B-to-B market will
maintain a faster growth rate in online advertising than the overall industry
for the next three years.
The Jupiter and Media Metrix Online Advertising Report: Measuring and
Analyzing the B-to-B Market, is the third joint issue by the two companies
that combines Media Metrix industry standard data and Jupiter forward-thinking,
prescriptive analysis. And, it is the first of many B-to-B efforts combining
deep primary and proprietary data and analysis that the two companies can
offer.
In June, Jupiter and Media Metrix announced that they would merge to create
the global leader in Internet information services. The combined company will
deliver innovative and comprehensive Internet measurement, analysis, events,
and advice to provide businesses with unmatched global resources for
understanding and profiting from the Internet.
"We're very excited at what we can offer B-to-B companies when we weave the
depth of our data with Jupiter's analytic insight," said Mary Ann Packo,
president of Media Metrix and co-COO of the soon-to-be formed Jupiter Media
Metrix. "The combination of measured user behavior, tracked online ad activity,
and Jupiter analyst expertise helps businesses in all industries better
understand and anticipate changes in the online marketplace."
"The exciting aspect about this report is that it is just the first of what
we believe will be many efforts to show our collective depth of knowledge in
the B-to-B space, said Gene DeRose, CEO of Jupiter Communications, and
president and vice chairman of the soon-to-be formed Jupiter Media Metrix.
Media Metrix provides the most accurate and timely Digital Media measurement
data and Jupiter delivers comprehensive analysis, forecasts, and insight into
the B-to-B sector, This is a great example of the type of deep,
industry-focused deliverables our combined efforts can produce to help Internet
executives make the most informed business decisions they can."
The Jupiter/Media Metrix report was distributed to attendees of the Jupiter
Online Advertising Forum, which runs through today at the Sheraton Hotel and
Towers in NYC. Copies of the report are available free of charge at http://advertising.jup.com/ or http://www.mediametrix.com/ (US
homepage).
About Jupiter Communications, Inc.
Jupiter Communications, Inc. (Nasdaq:JPTR) is a leading provider of research
on Internet commerce. Jupiter s research, which is solely focused on the
Internet economy, provides clients with comprehensive views of industry trends,
forecasts, and best practices. The company s research services are provided
primarily through its continuous subscription services. Jupiter also produces a
wide range of conferences that offer senior executives the opportunity to hear
firsthand the insights of its analysts and the leading decision-makers in the
Internet and technology industries. Jupiter Communications is based in New York
City, with operations in London, San Francisco, Stockholm, Sydney, and Tokyo.
For more information on Jupiter Communications visit http://www.jup.com.
About Media Metrix, Inc.
Media Metrix, Inc. (Nasdaq: MMXI), with over 900 clients, is the leader and
pioneer in Internet and Digital Media measurement and the industry s source for
the most compressive reliable and timely audience ratings, e-commerce,
advertising and technology measurement services. Media Metrix AdRelevance
division, through its superior or ad tracking technology, provides clients the
most comprehensive data on where, when, how and how much Web marketers and
their competition are advertising online.
Media Metrix has worldwide majority-owned operations through partnerships
with media and market research leaders around the world. Media Metrix European
affiliate, known as MMXI Europe, operates in France, Germany, Sweden, and the
United Kingdom. Media Metrix also operates in Australia, Canada, Japan, Latin
America and the United States. The Company provides advertising agencies, media
companies, e-commerce marketers, financial services and technology companies
with the most comprehensive coverage of all digital media (including more than
21,000 Web sites and online properties). Media Metrix utilizes its patented,
superior operating-system metering methodology to track Internet and Digital
Media audience usage behavior in real-time click-by-click, page-by-page,
minute-by-minute. Media Metrix has a sample of more than 100,000 people under
measurement worldwide, yielding monthly weekly, and daily data collection and
reporting. Please visit us at
www.mediametrix.com for more information.
Cautionary Note Regarding Forward-Looking Statements under the Private
Securities Litigation Reform Act of 1995: Information in this
release that involves each of Jupiter's, Media Metrix s and, assuming the
merger is completed, the combined company s expectations, beliefs, hopes,
plans, intentions or strategies regarding the future are forward-looking
statements that involve risks and uncertainties. These statements include
statements about Jupiter's, Media Metrix s and the combined company s
strategies in the marketplace, their market positions and their relationships
with customers. All forward-looking statements included in this release are
based upon information available to Jupiter and Media Metrix as of the date of
the release, and neither Jupiter, Media Metrix nor the combined company assumes
any obligation to update any such forward-looking statement. These statements
are not guarantees of future performance and actual results could differ
materially from each company s current expectations. Factors that could cause
or contribute to such differences include, but are not limited to, the
completion of the merger, and if completed, the successful integration of the
two companies. The risks associated with Jupiter s business that may affect its
operating results are discussed in Jupiter s Annual Report on Form 10-K for the
year ended December 31, 1999 filed with the Securities and Exchange Commission
("SEC") on March 30, 2000 and Jupiter s quarterly reports on Form 10-Q filed
with the SEC. The risks associated with Media Metrix s business that may affect
its operating results are discussed in Media Metrix s Annual Report on Form
10-K for the year ended December 31, 1999 filed with the SEC on March 28, 2000
and Media Metrix s quarterly reports on Form 10-Q filed with the SEC. You are
encouraged to read this information carefully.
Additional Information and Where to Find It: Media Metrix
has filed a Registration Statement on SEC Form S-4 and Jupiter has filed a
proxy statement with the SEC in connection with the merger, and Jupiter and
Media Metrix will mail a Joint Proxy Statement/Prospectus to stockholders of
Jupiter and Media Metrix containing information about the merger. Investors and
security holders are urged to read the Registration Statement and the Joint
Proxy Statement/Prospectus carefully when they are available. The Registration
Statement and the Joint Proxy Statement/Prospectus contain important
information about Jupiter, Media Metrix, the merger, the persons soliciting
proxies relating to the merger, their interests in the merger, and related
matters. Investors and security holders will be able to obtain free copies of
these documents, once available, as well as each company s other SEC filings,
through the website maintained by the SEC at http://www.sec.gov. Free copies of
the Joint Proxy Statement/Prospectus, and Jupiter s other SEC filings
may be obtained from Jupiter by directing a request through the Investors
Relations portion of Jupiter's website at http://www.jup.com or by mail to
Jupiter Communications, Inc., 627 Broadway, 2nd Flr. New York, NY 10012,
Attention: Investor Relations, Telephone: (212) 780-6060. Free copies of the
Joint Proxy Statement/Prospectus , and Media Metrix s other SEC filings
may be obtained from Media Metrix by directing a request through the Investors
Relations portion of Media Metrix s website at http://www.mediametrix.com or by
mail to Media Metrix, Inc., 250 Park Avenue South, 7th Flr. New York, NY 10003,
Attention: Investor Relations, Telephone: (212) 515-8700.
In addition to the Registration Statement and the Joint Proxy
Statement/Prospectus, Jupiter and Media Metrix file annual, quarterly and
special reports, proxy statements and other information with the SEC. You may
read and copy any reports, statements or other information filed by Jupiter or
Media Metrix at the SEC public reference rooms at 450 Fifth Street, N.W.,
Washington, D.C. 20549 or at any of the SEC's other public reference rooms in
New York, New York and Chicago, Illinois. Please call the SEC at 1-800-SEC-0330
for further information on the public reference rooms. Jupiter's and Media
Metrix's filings with the SEC are also available to the public from commercial
document-retrieval services and at the website maintained by the SEC at
http://www.sec.gov.
Participants in Solicitation: Jupiter, its directors,
executive officers and certain other members of management and employees may be
soliciting proxies from Jupiter stockholders in favor of the merger.
Information concerning the participants in the solicitation is set forth in a
Current Report on Form 8-K filed by Jupiter on June 27, 2000. Media Metrix,
its directors, executive officers and certain other members of management and
employees may be soliciting proxies from Media Metrix stockholders in favor of
the amendment to Media Metrix s charter to increase the number of authorized
shares of Media Metrix common stock and in favor of the issuance of Media
Metrix common stock in the merger. Information concerning the participants in
the solicitation is set forth in a Current Report on Form 8-K filed by Media
Metrix on June 27, 2000.
Copyright 2000 Jupiter Communications, Inc. and Media Metrix, Inc. All
rights reserved. Jupiter and the Jupiter logo are registered trademarks of
Jupiter Communications, Inc, and Media Metrix and the Media Metrix logo are
registered trademarks of Media Metrix, Inc. All other trademarks are the
property of their respective owners.