VIENNA, Va., Feb. 7 /PRNewswire/ - Multicity.com, the leading provider of global interactive, Internet-based multilingual communications tools, announced today that it has become an affiliate of 24/7 Media, a New York City-based Internet global advertising and marketing services company. Multicity, whose users spend more than 3 million minutes per day online, will join a prestigious group of high profile sites on the 24/7 Media network, which serves more than 2.5 billion ad impressions per month. The compensation derived from the placement of 24/7's industry-leading company portfolio ads on Multicity.com's global network will further enhance and diversify the company's revenue stream. The new relationship also affirms the compelling business value to advertisers of Multicity.com's worldwide audience coverage.

"We are particularly excited to join with 24/7 because of our multilingual global focus," said Patrick Hanash, president of Multicity. "With offices in 25 countries, 24/7 Media is an ideal partner for our worldwide network, whose users interact with each other in 18 languages around the globe." Multicity CEO Alain Hanash said, "This new business partnership combined with the recent closing of our second round of venture capital funding demonstrate unequivocally the huge commercial potential of delivering targeted advertising and communication services to a globally diverse Internet user base."

About Multicity.com
Multicity.com, based in Vienna, VA, is the leading provider of global, interactive multilingual communications tools that instantly link online users throughout the world on the first global branded "open network." The company is backed by two leading venture capital firms, Grotech Capital Group and Draper Atlantic, the east coast affiliate office of Draper Fisher Jurvetson. For additional information, visit the company web site at http://www.multicity.com.