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MIVA Announces New Distribution Partner Deals in EuropeStrong Momentum for First Four Months of Year Reflects Partners Embracing Company's Solutions for Web Monetization NEW YORK - April 26, 2006 - MIVA, Inc., (NASDAQ: MIVA), a leading independent Performance Marketing Network, today announced the Company signed several new partner agreements in Europe during the past 120 days. Among the most significant:
At the same time as securing these distribution partners in Europe, MIVA was executing important strategic agreements with partners in the U.S. As previously announced, the Company landed agreements with Intellext and iCopyright in the U.S. in the past 60 days. "From traditional publishers such as The Sun to leading e-commerce sites such as Voyages SNCF, MIVA is deeply committed to helping our partners monetize their brands on the web," said MIVA President, Seb Bishop. "As MIVA.com is not a consumer facing destination website, we can concentrate on helping our partners to maximize all their online properties: their websites, through our search and contextual products; their email newsletters, through MIVA Mail; and with the MIVA Brandbar, we can even extend their brand beyond their current offering." Alexis Caude, chairman and chief executive officer, Newsports², said: "We were impressed with MIVA's understanding and experience in web monetization. They were the first Company to launch Pay-Per-Click Ads in Europe, and the first to launch a contextual product. MIVA's wide range of customized partner products, allows us to maximize the monetization opportunities of our inventory." MIVA provides distribution partners with customized solutions to monetize their online properties through Pay-Per-Click and Pay-Per-Call Ads³. About MIVA®, Inc. MIVA is a leading independent Performance Marketing Network dedicated to helping businesses grow. Our new media platform facilitates performance marketing for partners (publishers), advertisers and consumers (end-users). Our primary focus is on providing our partners with a complete set of innovative solutions enabling the acquisition, retention and monetization of their online audiences. As an independent provider, MIVA's primary focus is not to promote a branded destination search engine or portal that actively competes with our distribution partners for end-users. For our advertisers, we provide solutions to manage, optimize and measure return on investment from keyword-targeted and context-related performance marketing programs. We generate traffic and leads to our advertisers through our network of publisher partners. Our integrated e-commerce merchant solutions allow online stores to capitalize on leads by offering robust online storefront, shopping cart, shipping and payment capabilities. Forward-looking Statements This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "plan," "intend," "believe" or "expect'" or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including (1) our ability to successfully execute upon our corporate strategies, (2) our ability to develop and successfully market new products and services, (3) the ability of our product and service offerings and those of our distribution partners to maximize time and spend for advertisers, (4) the potential acceptance of new products in the market, (5) our ability to attract new distribution partners, and (6) our ability to compete on a global basis. Additional key risks are described in MIVA's reports filed with the U.S. Securities and Exchange Commission, including the Form 10-K for fiscal 2005. MIVA undertakes no obligation to update the information contained herein. ®Registered trademark of MIVA, Inc. ¹ABC Figures, April 2006
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