Expands To Boston and D.C. –

DARIEN, Conn. – Corp., the e-business and Internet technology network, in December opened news bureaus in Boston and Washington, D.C., to produce local daily coverage of the Internet and venture capital Internet investments. Each site delivers industry news, profiles, personnel changes and editorial content. plans to establish similar sites in about eight locations by the end of the year, said Chairman and Chief Executive Alan Meckler. The company is targeting cities with growing Internet and venture capital communities such as Chicago, Los Angeles, San Francisco and Austin. Cities in the Southeast, like Atlanta or Orlando, also are probable locations, and will exist alongside the already established site, which covers Internet activity and venture capital investments in the Internet space throughout the New York area.

“If there were [established] sites in the other cities I would buy them,” Meckler said, explaining that it would be easier to purchase sites with loyal followings than to create new ones. “But in most cases, they don’t exist.” became its own entity in November 1998 and held an initial public offering in June 1999. Since its formation, the company has acquired and created a network of Web sites, e-mail newsletters and online discussion forums, all offering Internet-specific content. The company does not charge its audience – Internet industry and technology professionals, Web developers and experienced Internet users – for its services, but generates profits through the sale of advertisements on its sites.