Press Release

New York - March 22, 2004: Undertone Networks, a leading provider of online advertising services, announced today that it will exhibit at AD:TECH San Francisco, the leading conference and trade show dedicated to interactive advertising and marketing. Undertone will exhibit at booth 600.

The conference will be held at the Palace Hotel in San Francisco on May 24-26 and will provide exposure to the macro events shaping the industry as well as actionable information that can be applied to businesses in the areas of marketing strategy, online advertising and promotion, technology and creative innovation, performance marketing, Web site development, viral marketing and customer relationship management.

"Exhibiting at AD:TECH San Francisco will enable us to connect with many of our clients and provides an opportunity for us to interact with other industry professionals," said Eric Franchi, Undertone's Vice President of Sales.

About Undertone Networks

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. The company is headquartered in New York and has a sales office in San Francisco. For more information, please visit www.undertonenetworks.com.

About AD:TECH

AD:TECH's three annual conferences are designed for marketers and advertising agencies. Produced by JD Events, AD:TECH focuses on providing the big picture about market numbers, market trends and issues for interactive, integrated marketing that leverages all that technology and the Internet provide. For more information, please visit www.ad-tech.com.

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