NationalLampoon.com Surpasses Seven Million Hits
Company Achieves Milestones, Shares New Goals With Stockholders at Annual Meeting
LOS ANGELES, Jan. 13 /PRNewswire/ -- J2 Communications/National Lampoon (Nasdaq: JTWO - news) today announced its achievement of more than seven million hits in only eighty days since the launch of its website, NationalLampoon.com, on October 25, 1999.
The Company is converging the excitement of traditional Hollywood show business with the Internet in the famous style of National Lampoon's edgy comedy and satire. The Company intends to spin off characters and themes from the NationalLampoon.com comedy network into TV and movie projects. The site's interactive games and hilarious satirical humor are continuously updated, making it one of the ``stickiest' destinations on the Internet -- with an average visit to the site of more than twelve minutes.
Jim Jimirro, president and CEO of J2 Communications/National Lampoon stated, ``We are moving ahead with our plans to bring successful NationalLampoon.com characters to television and feature films.' He continued, ``We are up to nine banner advertisers on the website and foresee up to twenty-five in the near future, which will help us realize our goal of becoming profitable in the next twelve to eighteen months.'
About J2/National Lampoon
Based in Los Angeles, CA, J2 Communications, which owns National Lampoon, is an Internet-based entertainment company. The Company is creating an interactive comedy network on its website nationallampoon.com. The site will contain hilarious new characters, stories and features as well as entertainment classics from the National Lampoon archives. The Company plans to sell related merchandise and advertising space on the site to supplement its current revenue base of licensing agreements. |
