equity in motion

AdAstra News: Gómez Gains $6.1 Million In New Equity Funding To Support Continued Expansion

Capital infusion to accelerate product development and distribution initiatives as well as fuel ongoing international expansion plans; existing backers joined by major German Venture Capital investor, AdAstra

Waltham, MA, October 1, 2003 -- Gómez, Inc.® , the Internet Performance Management Company, today announced that it has received $6.1 million in new equity funding to accelerate product development and support channel distribution initiatives as well as ongoing international expansion plans.

All current investors participated in the financing round, which was led by new investor AdAstra, a Munich-based independent venture capital firm affiliated with HypoVereinsbank, Germany's second largest bank. With €100 million under management, AdAstra targets later-stage high-growth and technology-oriented companies in the information technology and telecommunications sectors.

Dr. Marc Breitfeld, AdAstra's Investment Director, joins Gómez's Board of Directors, bringing additional European market and customer insight to the company.

"The market potential for Internet performance management is vibrant and growing faster than the overall application performance management industry," said AdAstra's Dr. Breitfeld. "In Gómez, we see a company delivering superior technology in the Internet performance management space, a company with an excellent track record of servicing and retaining major customers. Our support will help fund further expansion of Gómez's international presence while accelerating its highly compelling product development roadmap."

Building On Growth
Gómez has seen its Internet performance management revenues grow for the past eight consecutive quarters. The business has expanded while Gómez has diversified its offering and revenue stream into the retail, travel and healthcare verticals, complementing the company's industry-leading position in financial services. Revenue growth has also been fueled by Gómez's successful penetration of the European market, driven by acquisitions earlier this year of WebPerform Ltd. and Actual IT, major players in the Internet performance management market in the UK.

"This cash infusion, raised at a premium to previous rounds, validates our strategy and precise execution," noted Dr. Alex Stein, Gómez CEO and President. "Given the investment community's strong interest in Gómez, the company was highly selective in choosing the lead investor. AdAstra, with its experience, international focus and talented organization, became an ideal financial partner."

In addition to AdAstra, Gómez's financial backers include: Deutsche Bank; Dolphin Equity Partners, L.P.; Doughty Hanson & Co Technology Ventures; and Harbinger/Aurora Ventures.

"Gómez's proven track record in the Internet performance management space, their success in developing new technologies and the recent European expansion have validated our continued support of the company and enabled the company to attract a valuable new strategic investor," noted Richard Brekka, President of Dolphin Equity Partners, Gómez's long-time lead investor.

About Gómez
Gómez, the Internet Performance Management Company, is a trusted leader in measuring effectiveness of corporate and e-commerce Web sites for the world's largest companies. Since 1997, Gómez has provided performance measurement, benchmarking and strategic insight to help build successful e-businesses. From the industry's strongest, most respected heritage of Internet performance measurement, Gómez - via the Gómez Performance Network - is the only company to monitor across last-mile connections, delivering faster, actionable intelligence through its proprietary service.
Headquartered in Waltham, Mass., with operations in London, Gómez has experienced double-digit sales growth in the past year. Known for its customer benchmarks on usability, functionality and reliability, companies such as Bristol Myers-Squibb, BBC, Citibank, Barclays Bank, Eastman Kodak, Audi, Motorola, Hasbro and expedia.com, trust their Internet performance to Gómez. For more information, visit www.gomez.com.
Gómez, Gómez.com, GómezPro, Gómez Scorecards, Gómez Performance Network and Internet Quality Measurement are trademarks and/or service marks of Gómez, Inc. All other trademarks are the property of their respective owners.

About Adastra
AdAstra is a Munich-based independent venture capital firm with € 100m under management. Founded in June 2000, AdAstra is targeting later stage high-growth and technology-oriented companies in IT, telecommunication and high-tech industries. As a sparring partner to its portfolio companies, AdAstra provides permanent support through its experienced and inter- disciplinary management team as well as the vast contact network of its lead investor HypoVereinsbank, Germany's second largest bank. Investments include SuSE Linux, ASK S.A., Trados Inc., Gómez Inc., Baeurer, Asknet, Asyntis, web2CAD.

About Deutsche Bank
With roughly € 851 billion in assets and approximately 69,300 employees, Deutsche Bank offers its 13 million clients unparalleled financial services in 76 countries throughout the world. Deutsche Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.
Deutsche Bank ranks among the global leaders in corporate banking and securities, transaction banking, asset management, and private wealth management, and has a significant private & business banking franchise in Germany and other selected countries in Continental Europe.

About Dolphin Equity Partners
Dolphin Equity Partners, L.P. specializes in investments in emerging communications and related information technology companies operating in the U.S. and abroad. Located in New York, Dolphin currently manages over $340 million in capital. Dolphin seeks to obtain significant equity positions in expansion stage companies with the potential for substantial growth in communications technologies, software and services.

About Doughty Hanson & Co
Doughty Hanson & Co is one of Europe's largest independent private equity fund managers, with funds focused on private equity, European real estate and technology ventures. Headquartered in London, the firm has offices throughout Europe as well as in the United States. Doughty Hanson Technology Ventures provides early-stage venture capital financing to technology companies throughout Europe, focusing on software, communications technologies and semiconductors.

About Harbinger/Aurora Ventures, LLC
Harbinger/Aurora Ventures, Research Triangle Park, NC, is a venture capital fund that invests in early-stage life science and information technology companies based primarily in the Southeastern and Mid-Atlantic United States.

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