PRESS RELEASES

GlobalPhoto SA, Stock Media Corporation Form Alliance AMSTERDAM, NETHERLANDS - May 26, 2001 - GlobalPhoto SA and Stock Media Corporation have formed a transatlantic strategic alliance to market photography and multimedia content through their respective Internet distribution channels. This is the first agreement between two business-to-business portals with similar strategies in the stock photo industry. The companies will combine sales networks and inventories on two continents to license content to commercial print and digital clients for editorial and advertising use. GlobalPhoto SA (www.globalphoto.com), a French editorial portal that represents high quality images from over 450 independent photographers and 25 stock photo libraries, primarily services a broad range of print publications that includes Paris Match, Bunte and Time. Stock Media Corporation (www.stockmedia.net), operating from its international headquarters in New York City, is a digital source of content for web designers, online publishing entities and broadcast brands. Stock Media CEO Randy Taylor says of the alliance, "GlobalPhoto's strength in Europe will serve our contributors by enabling rapid expansion in key growth markets online." Adds Floris De Bonneville, President of GlobalPhoto SA, "The strong technologies and photos of our companies make a solid foundation for increasing our respective shares of the American and European markets." Stock Media is a registered trademark of Stock Media Corporation, a privately held company, whose brands includes the active web sites StockMedia.net, StockMedia2000.com and StockFotos.com, together with 60 domain names that begin with the word "stock" that are scheduled for future launch. GlobalPhoto SA, a privately held company which has completed its first round of venture capital, has offices in Paris, Dijon, London, New Delhi and New York. It incorporates the companies of FDB and A'XEL photo agencies.

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