Press Release

New York - August 4, 2003: Undertone Networks, a leading provider of online advertising services, announced today that it will exhibit at the industry conference and trade show AD:TECH New York. Undertone will exhibit at booth 142.

The conference will be held at the Hilton New York on November 3-5 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.

"We look forward to exhibiting in New York," said Eric Franchi, Undertone's Vice President of Sales. "It's critical that we stay at the forefront of industry developments and AD:TECH has a solid reputation as a valuable industry resource. By exhibiting at AD:TECH, we not only have the opportunity to meet with our current and prospective clients, but we can share our knowledge with other industry professionals and contribute to the interactive marketplace."

About AD:TECH

As a conference and expo designed for marketers and agencies, 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. AD:TECH is held two times each year, once in San Francisco and once in New York. For more information, please visit www.ad-tech.com.

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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