247 Real Media Inc (1062195) SEC Filing 10-K Annual report for the fiscal year ending Saturday, December 31, 2005

Exhibit 99.1

FOR IMMEDIATE RELEASE

24/7 REAL MEDIA REPORTS RECORD RESULTS FOR FOURTH

QUARTER AND FULL YEAR 2005

Company Exceeds Fourth Quarter and Full Year Guidance

Raises Guidance for Full Year 2006 and Introduces First Quarter 2006 Guidance

Fourth Quarter Highlights:

•                  Revenue of $41.7 million, an increase of 52% over the comparable period in 2004.

•                  Pro forma operating income of $0.08 per share compared with $0.03 per share in Q4 of 2004; GAAP net income of $0.03 per share versus a GAAP net loss of $0.06 per share in Q4 of 2004.

•                  Successful operational launch of K.K. 24-7 Search, a joint venture with Dentsu Inc., to capitalize on the growing Search Engine Marketing sector in Japan.

•                  Expansion of leading German operations with the opening of new Hamburg office.

NEW YORK – March 1, 2006

24/7 Real Media continued to expand its global reach in 2005 with the opening of offices in Tokyo, Rome and Hamburg, and non-U.S. operations contributed 57% of the Company’s revenue in the fourth quarter. Operating strength in each of its geographies and business segments contributed to the robust sequential and year-over-year growth for the Company.

Pro forma operating income (1) for the fourth quarter of 2005 was $4.0 million, or $0.08 per share. This compares with pro forma operating income of $1.5 million, or $0.03 per share, for the fourth quarter of 2004.

Under generally accepted accounting principles (GAAP), net income for the fourth quarter of 2005 was $1.4 million, or $0.03 per share, compared with a net loss of $2.8 million, or $0.06 per share, for the fourth quarter of 2004.

For the year ended December 31, 2005, revenue was $139.8 million, an increase of 64% from the $85.3 million reported for the year ended December 31, 2004. Pro forma operating income for 2005 was $9.9 million, or $0.20 per share, an increase of more than 300% over the pro forma operating income of $2.4 million, or $0.06 per share, in the prior year. GAAP net income for 2005 was $0.0 million, or $0.00 per share, compared with a GAAP net loss of $3.5 million, or $0.10 per share, in 2004.

“2005 was a breakthrough year for 24/7 Real Media,” said David J. Moore, chairman and chief executive officer of 24/7 Real Media. “We executed on a number of key strategic objectives during the year, in particular the launch of our Japanese operations with Dentsu Inc., the largest