Jupiter Media Metrix will sell the assets of its research and events businesses to INT Media Group, for $250,000 and the assumption of “certain liabilities.” The transaction is expected to close by
July 31, 2002 and is subject to the approval of Jupiter Media Metrix shareholders. Effective immediately, INT Media Group will assume responsibility for operating the Jupiter Research and Events
businesses. INT Media Group, owns Internet.com with newsletters ClickZ and ChannelSeven. Jupiter will operate as a division of INT Media Group and a number of Jupiter Media Metrix employees will
transition to the new division. Kurt Abrahamson, currently president of Jupiter Research, will continue to lead the organization.
