Today we announced the acquisition of the French Stockimage and Pixland photo collections and brands from Michel Rawicki.

Michel Rawicki is a luminary in the French stock photo producer world and we are pleased that Michel will continue to produce photos for Jupiterimages for years to come. We have a similar arrangement with the equally talented Philippe Bigard who is the creator of our Goodshoot royalty free photo brand.

Along with the acquisition of significant royalty free and rights managed collections, we have recently acquired both a royalty free distributor (PR Direct) and and a rights managed distributor (AgenceImages). We are rapidly moving towards integrating these acquisitions. But we are now a leading player in the French commercial image market.

We are not only concentrating on France. We have, under the guidance of Jonathan Gibson, a very strong distribution network throughout Europe --it might very well be the best. And increasingly we are making specific strategic moves in a variety of European countries.

Needless to say, there is more to come in Jupiterimages' evolution as a leading world player in the image arena.