Espotting Media Announces New Growth Figures; 20,000 Advertisers and 1 Billion Queries

LONDON--(BUSINESS WIRE)--Oct. 30, 2003--Espotting Media, 'Europe's Best Paid Placement Service(1)' today announced new key growth figures for the company:

-- Espotting's advertiser base is now 20,000 in Q3 2003, up from a previously quoted advertiser figure of 16,000.

-- Espotting's volume base of queries has grown to 1 billion in September 2003, up from a previously quoted figure of 850m per month. The volume base of queries is the number of impressions where Espotting's listings can appear and thus represents the opportunity to reach potential customers. The 1 billion figure excludes the volume of queries that originate from Espotting's Yahoo! Europe deal.

'From our launch in 2000, Espotting's growth has exceeded our internal forecasts' commented Daniel Ishag, CEO & Founder, Espotting Media. 'In just 3 years, we have amassed 20,000 clients, expanded to 10 European countries, and built a network which gives our advertisers the opportunity to target 1 billion Internet queries per month.'

www.espotting.com

About Espotting

Espotting Media is Europe's 'Best Paid Placement Service' (Search Engine Watch Awards,2002). Espotting operates an online marketplace where advertisers bid against each other for prominence within search listings that Espotting delivers. The higher an advertiser bids, the higher that advertiser is listed. What's more, an advertiser only pays for the traffic it receives - it's pay-per-click advertising that's 100% cost-effective and accountable. Espotting currently has over 20,000 advertisers including British Airways, Norwich Union Direct, eBay and Lastminute.com.

Espotting is not a destination site or a portal but a network. Through its search network Espotting powers over 1 billion queries each month across Europe.

Espotting currently services 10 European territories - the UK, France, Germany, Spain, Italy, Ireland, Switzerland, Sweden, Denmark and Norway.

For further information and to arrange an interview, please contact:

Espotting Marketing

t: [phone]

e: [e-mail]

(1) Search Engine Watch Awards