“I am very pleased with the strong results our business units delivered in the first quarter,” said Brian McAndrews, president and CEO of aQuantive. “We experienced significant growth across all three of our business segments, attracting new clients and gaining new business with existing clients. Our continued focus on serving our clients and investing in people and infrastructure is improving our ability to grow in the markets we serve.”

aQuantive operates three business segments. Unallocated corporate expenses, including amounts recorded for stock-based compensation expense, are centrally managed at the corporate level and are not included in the segment details. Segment information is as follows:

Digital Marketing Services

Avenue A | Razorfish, aQuantive’s digital marketing services (DMS) segment, recorded revenue of $55.2 million in the first quarter of 2006, compared to revenue of $39.1 million in the first quarter of 2005. Operating income was $7.7 million in the first quarter of 2006, compared to $4.5 million in the first quarter of 2005.

Operating expenses in the digital marketing services segment were reduced by $1.9 million in the first quarter of 2006 due primarily to a change in estimate of a contingent liability made in prior periods for a business tax assessment liability.

Digital Marketing Technologies

Atlas, aQuantive’s digital marketing technologies (DMT) segment, recorded revenue of $27.7 million in the first quarter of 2006, compared to revenue of $20.6 million in the first quarter of 2005. Operating income was $11.6 million in the first quarter of 2006, compared to $10.3 million in the first quarter of 2005.

Digital Performance Media

DRIVEpm and MediaBrokers, aQuantive’s digital performance media (DPM) segment, recorded revenue of $9.3 million in the first quarter of 2006, compared to revenue of $5.3 million in the first quarter of 2005. Operating income was $1.9 million for the first quarter of 2006, compared to $0.9 million in the first quarter of 2005.

Full Year and Second Quarter 2006 Financial Guidance

The Company will provide guidance for revenue, net income, net income before stock-based compensation1 and adjusted EBITDA2. Stock-based compensation expense is expected to have a significant impact on our net income and earnings per diluted share, as noted below. Actual stock-based compensation expense may differ from these estimates based on the timing and amount of options granted, the assumptions used in valuing these options and other factors.

Accordingly, the Company anticipates full year 2006 results as follows:

* Revenue of $390 - $405 million
* Net income of $0.44 - $0.48 per diluted share
* Net income before stock-based compensation of $0.61 - $0.65 per diluted share
* Adjusted EBITDA of $1.19 - $1.25 per diluted share

The Company anticipates second quarter results as follows:

* Revenue of $96 - $100 million
* Net income of $0.10 - $0.12 per diluted share
* Net income before stock-based compensation of $0.13 - $0.15 per diluted share
* Adjusted EBITDA of $0.26 - $0.29 per diluted share

1 Net income before stock-based compensation (i.e. net income before the after tax impact of stock-based compensation expense) is a non-GAAP financial measure. See the supplemental schedule attached to this press release for more information.

2 Adjusted EBITDA (i.e. earnings before interest expense, net interest and other income, income tax, depreciation amortization and stock-based compensation) is a non-GAAP financial measure. See the supplemental schedule attached to this press release for more information.

First Quarter 2006 Conference Call/Webcast Today at 1:30pm PDT/4:30pm EDT

aQuantive, Inc. will host a conference call and webcast to discuss first quarter 2006 financial results today at 1:30pm PDT/4:30pm EDT. The conference call will be webcast from the Investor Relations section of the Company’s website at www.aquantive.com/investor. Interested parties should log on to the webcast approximately 15 minutes prior to download any necessary software. The webcast is not interactive.

About aQuantive, Inc.

aQuantive, Inc. (NASDAQ: AQNT), a digital marketing company, was founded in 1997 to help marketers acquire, retain and grow customers across all digital media. Through its operating units, Avenue A | Razorfish (www.avenuea-razorfish.com), a full-service interactive agency, Atlas (www.atlassolutions.com), a provider of digital marketing technologies and expertise, and DRIVEpm (www.drivepm.com) and MediaBrokers, digital performance media companies, aQuantive is positioned to bring value to any interaction in the digital marketplace. aQuantive (www.aquantive.com) is headquartered in Seattle, Washington.

Source: aQuantive, Inc.

Source: Wired News