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Press Release
SYS-CON Media Reports First-Quarter 2002 Results; Publishing Revenues Up 29%, Income Up 44% From First-Quarter 2001

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Laguna Nigel, CA, May 9, 2002 - SYS-CON Media (www.sys-con.com) the world's leading i-technology media company, announced a revenue increase of 29% for the first quarter ended March 31, and adjusted EBITDA increase of 44%, compared with the first quarter of 2001.

"SYS-CON Media is the only company in the business-to-business media space to deliver an impressive growth and increased profits during the past two challenging years," said Fuat Kircaali, founder and CEO of SYS-CON Media. "Since our company's inception in 1994, we have achieved a consistent organic growth that has made SYS-CON the world's leading i-technology publisher serving developer markets worldwide. We believe the current market conditions in the technology media space have created historic opportunities for consolidation and we are looking into strategic acquisitions and partnerships." About SYS-CON Media:

SYS-CON Media, twice named the fastest growing, privately held publishing company in America by Inc 500, is the world's leading publisher exclusively serving i-technology markets. SYS-CON publications include: Wireless Business & Technology (www.WBT2.com), Java Developer's Journal (www.JavaDevelopersJournal.com), XML-Journal (www.XML-Journal.com), Web Services Journal (www.WSJ2.com), ColdFusion Developer's Journal (www.ColdFusionJournal.com), PowerBuilder Developer's Journal (www.PowerBuilderJournal.com), WebSphere Developer's Journal (www.WebSphereDevelopersJournal.com), BEA WebLogic Developer's Journal (www.WeblogicDevelopersJournal.com), .NET Developer's Journal (www.DotNETDevelopersJournal.com)

Each month SYS-CON Media reaches over half a million i-technology professionals through its specialty journals, magazines, books, conferences, and the SYS-CON interactive portal with its 87 Web sites at www.sys-con.com.

About SYS-CON Events, Inc.:

SYS-CON Events, Inc., is the world's leading producer of i-technology developer conferences and expositions. SYS-CON Events' upcoming developer conference calendar includes: Web Services Edge 2002 East - International Web Services Conference & Expo, colocated with JDJEdge 2002 East - International Java Developer Conference & Expo and XMLEdge 2002 East - International XML Conference & Expo, to take place June 24-27 at Jacob Javits Convention Center in New York City; and Web Services Edge 2002 West - International Web Services Conference & Expo, colocated with JDJEdge 2002 West - International Java Developer Conference & Expo, XMLEdge 2002 West - International XML Conference & Expo, and Wireless Edge 2002 - International Wireless Business & Technology Conference & Expo, to take place October 1-3 at San Jose Convention Center in California.

SYS-CON's i-technology education world tour includes 12 cities around the world. The "Developing SOAP Web Services" tutorial is being presented next on Monday, May 13 in San Francisco to a record audience.


Contact: Grisha Davida
SYS-CON Media
Phone: 201-802-3004
Email: grisha@sys-con.com
Published May. 9, 2002 — Reads 2,690
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