Continued upswing in the UK online market bodes well for Accipiter as company signs new clients and multiple licence upgrades with a number of its largest customers

LONDON, UK and RALEIGH, NC – February 01, 2006 – Accipiter Solutions, Inc., an online advertising technology innovator since 1996, today announced it has signed six new customers and provided significant product licence upgrades for seven existing clients in the European market. Accipiter has recently enjoyed a significant upswing in recorded sales of its solutions in Europe thanks to a robust market. IAB Europe released a study in Spring of 2005 noting that online ad spend has grown faster than any other advertising in history, with the market share increasing significantly versus other channels. A second study released late last year by IAB Europe and JupiterResearch showed that content owners are experiencing increased site usage and loyalty, growing online media consumption, and an emerging blend of sophisticated content-attached online ad options – all good news for Accipiter’s European business arm.

Accipiter recently signed Financial News Online to an AdManager Licensed contract for its industry-related web site, eFinancialNews.com. Financial News Online is the leading source of information for Europe's investment banking, fund management and securities industries.

“As a highly specialised financial information and news site, we attract a high net worth audience that we needed to target with equally specialised and high-performing online ads,” said David Griffiths, head of online sales for eFinancialNews. “Accipiter met all of our key requirements, including being a trusted company with a solid customer base and proven technology with extensive reporting, optimisation, and targeting capabilities.”

Accipiter also recently signed the Egyptian arm of LINKdotNET, the largest ISP provider in the Middle East, serving nine countries and ten portals, to an AdManager Licensed contract. Accipiter’s first Egyptian customer and the largest Pan Middle-Eastern AdManager installation, LINKdotNET is licensed to serve up to 450 million ads per month across its site network. The company migrated to AdManager from an in-house solution and plans to implement AdManager’s unique XML server integration tool to integrate with an existing sales booking system.

“We required a scalable software solution that could handle multiple domains efficiently,” said Mostafa Kamel, general manager of technologies for LINKdotNET. “Accipiter has a solid base of proven client installations that work at similar ad volumes and across multiple domains.”

HotCourses.com also signed an AdManager Hosted contract, the latest of several specialised publishing customers moving into more innovative online advertising mediums. HotCourses.com, the UK’s largest and most accurate database of educational opportunities, provides information on educational courses, schools, colleges and universities as well as funding opportunities and career options.

"We have started to use the Accipiter ad serving software package after a rather unsuccessful experience with a competitive package,” said Mark O’Donoghue, publishing director for HotCourses. ”Accipiter has been helpful and professional in the set-up process and has understood our needs rapidly and effectively, as one feels they do with all of their clients."

Accipiter also strengthened its position in the Italian market by signing Editoriale Domus, a leading automotive offline and online press category with the magazine Quattroruote and the website Quattroruote.it, and BBJ, a large web agency, to use AdManager Hosted. Editoriale Domus, a competitive win for Accipiter, was able to get up and running with the AdManager solution in record-time. Accipiter’s world-class professional services team assisted Editoriale Domus in getting their site live in only a week.

Other major publishers signed over the last few weeks will be announced in due course.

“Expanding our services and client base in the worldwide market is an important step in our growing corporate momentum,” said Mike Keaton, director of European Operations for Accipiter. “We expect our European customer base to continue to grow as the online ad market gains consistency and are looking to expand our presence in additional regional areas around the world.”

“Another satisfying aspect of our previous quarter was that a significant number of our large existing clients including Tiscali, Associated Newspapers, DADA, and onet.pl upgraded or extended their licence agreements,” commented Keaton. “This reflects a growing online advertising market and is good news for our customers and our company.”

About Financial News Online
With its sister weekly newspaper Financial News, Financial News Online is the leading source of information about Europe's investment banking, fund management and securities industries. We analyse trends and issues and provide in-depth coverage of M&A, private equity, debt and equity capital markets, fund management, information technology and recruitment. In addition to the daily news service, Financial News Online contains all of the content of Financial News, the securities industry weekly newspaper. Much of the information is not available elsewhere. For more information, please refer to www.efinancialnews.com or, in the US, www.financialnews-us.com.

About LINKdotNET
Established in 1992, InTouch Communications was the first ISP in Egypt and grew to become one of the largest in the country in terms of volume. Link Egypt was initially set up to provide turnkey Internet services and solutions. In June 2000, the two joined forces to become LINKdotNET. In May 2002, LINKdotNET acquired eight leading Egyptian Internet companies, all established and popular dotcoms, significantly raising the company’s value, and making it the region’s largest Internet company. Today, LINKdotNET is home to more than 700 specialists working to provide the latest and most reliable Internet services to the region, making the company the largest Internet Solutions Provider in the Region.

About Hotcourses
Hotcourses has a simple mission: to produce guides and websites that make it easy for people to find the right school, college or university to pursue educational opportunities for themselves or their families. In the UK, we are the largest publisher of retail guides to courses, colleges and universities. We are also responsible for Britain's most popular independent-sector education website, Hotcourses.com, which provides information on courses, schools, colleges and universities as well as funding opportunities and career options. Hotcourses has a range of printed publications, such as Hotcourses Magazine, London's top selling guide to courses.

About Accipiter
Based in Raleigh, North Carolina and London, UK, with additional offices in New York, San Francisco, Italy and Sweden, Accipiter has been serving and enriching the online advertising industry since 1996. Web publishers, media networks and eTailers take advantage of Accipiter’s innovative ad management and behavioral targeting solutions to effectively manage their online advertising revenue.
Accipiter’s established industry experience and substantial investment in technology provides their customers with the very latest in advanced online advertising solutions. Accipiter’s technology supports and delivers ads in any emerging rich media format, including RSS feeds, podcasts, blogs, photocasts, and streaming audio and video. With more than 350 customers worldwide, over 50 billion online ads are served each month using Accipiter’s technology. For more information, please visit www.accipiter.com.

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AdManager is a registered trademark of Accipiter Solutions, Inc. All other company and product names may be trademarks or service marks of the company with which they are associated.

Published on: 12:00AM on 1st February 2006