Press Release

New York - December 15, 2003: Undertone Networks, a leading provider of online advertising services and a division of Intercept Interactive, announced today that it has expanded its office to accommodate its rapid growth. Undertone's new office is located at 15 East 26th Street, Suite 1903 in New York. The office is nearly 5,000 square feet, overlooks Madison Square Park and features many amenities.

Located between Fifth Avenue and Madison Avenue, the office is easily accessible to clients. "We're excited about our expansion," said Jeff Kuntz, Intercept Interactive's Vice President of Media and Distribution. "Our growth is indicative of our continued success in the marketplace and will enable us to further develop our capabilities. Furthermore, the additional space will provide ample room to grow our team and help us better serve our clients."

About Undertone Networks

Headquartered in New York, Undertone Networks is a premier online advertising network comprised of today's top media properties. Founded in 2001, Undertone provides online solutions that help advertisers achieve their brand and performance-based initiatives via a comprehensive selection of ad formats, rich media and targeting capabilities. For more information, please visit www.undertonenetworks.com.

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