8/7/2000

Planet Payment and Penton Media announce strategic co-marketing arrangement to bring Planet Payment to all corners of the world

(New York, August 7, 2000) Penton Media (NYSE: PME), a leading provider of Internet Trade Shows including Internet World™ and ISPCON™ and Planet Payment, a leading provider of multi-currency Internet payment solutions, today announced a strategic cooperative marketing relationship for all major Penton Media trade shows internationally. As part of this arrangement, Planet Payment will exhibit at every major international Internet World and ISPCON trade show during the upcoming months.

Penton Media's events provide Planet Payment with an ideal forum to showcase the company's internationally focused products and services in each of the major markets served by Penton Media throughout Europe, Asia, the Americas and Australia. In each of the 24 countries served on this worldwide marketing tour, Planet Payment representatives will introduce to the local Internet community:

- Planet Payment's best-in-class e-commerce payment solutions, which enable merchants worldwide to accept Visa®, Mastercard®, American Express® and other major credit and debit cards in any of over 140 currencies;

- Planet Payment's next generation gateway which includes several exciting new technologies that enable merchants to display pricing in a customer’s local currency while providing back-end settlement and reporting to the merchant in the currency of its choice;

- Planet Payment's initiative to develop and deploy a secure mobile commerce payment solution to banks, eMerchants and technology companies worldwide, providing the ability for customers shop securely online using their mobile phones while allowing Planet Payment merchants to accept credit card payments through wireless devices in almost any currency.

"This relationship with Penton Media continues our stated strategy to become the global leader in providing multi-currency Internet and wireless payment solutions to merchants, technology companies and financial institutions worldwide. Penton Media’s Internet World and ISPCON shows give us an ideal position for marketing our services worldwide,” says Philip Beck, CEO of Planet Payment.

"Having an innovative company like Planet Payment giving us this vote of confidence really tells us that our Internet World , ISPCON,m-CommerceWorld and Wireless Internet World shows are the preferred trade shows for any company wishing to go global." says Steve Sind, Vice President and Director, International Events, Penton Media.

About Planet Payment

Planet Payment (www.planetpayment.com) is a global leader in providing multi-currency Internet payment solutions to merchants, technology companies and financial institutions worldwide. Planet Payment's affordable solution enables Internet merchants to securely accept Visa®, MasterCard®, American Express® and other major debit and credit cards in a secure, real time environment, 24 hours a day and in over 140 currencies - whether the buyer is using a personal computer, mobile telephone, or other wireless device. The Planet Payment Gateway, powered by Authorize.Net, (www.authorize.net) is compatible with over 100 of the leading shopping cart technologies. Planet Payment can be contacted in the U.S. at 950 Third Avenue, New York, NY 10022 (Tel: 212/980-5100). Planet Payment can be reached on the Web at http://www.planetpayment.com.

Contact:

Thomas J. DeLuca VP, Business Development Tel: 212.980.5100 Fax: 1.212.319.4880 tdeluca@planetpayment.com

About Penton Media

Penton Media, Inc.(PME: NYSE) is a diversified business media company: a publisher of authoritative trade magazines, producer of Web sites, trade shows and conferences. Penton Media, Inc. serves the design/engineering, electronics, natural products/food/retail, government/compliance, Internet/broadband, leisure/hospitality, management, manufacturing, mechanical systems/construction, and supply chain/aviation markets. For more information, visit www.penton.com/.

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