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THE KNOT FOURTH QUARTER AND YEAR END 2003 FINANCIAL RESULTS

Click here to access the webcast.

Click here for a copy of The Knot Fourth Quarter and Year End 2003 Financial Results press release.

To listen to a replay of the Fourth Quarter and Year End 2003 investor conference call, please call (800) 642-1687 OR (706) 645-9291 (for International calls). The conference call ID is 5353583. This replay will be available two hours following the call until midnight on Thursday, 2/26.


The Knot is the leading wedding resource providing products and services to couples planning their weddings and future lives together. Our Web site, at www.theknot.com, is the most trafficked wedding destination online and offers comprehensive content, extensive wedding-related shopping, an online wedding gift registry and an active community. The Knot is the premier wedding content provider on MSN. We publish The Knot Magazine, a national wedding fashion magazine, and, through our subsidiary Weddingpages, Inc., publish regional wedding magazines in dozens of markets in the U.S. We also author a series of books on wedding planning and a gift-book series. Our offline presence provides cross-promotional opportunities and assists us in increasing our brand awareness and our overall audience. We are based in New York and have several other offices across the country.
The Knot was founded in 1996 by four colleagues: David Liu, Carley Roney, Michael Wolfson, and Rob Fassino. With a unique vision and funding from America Online, they set out to reinvent the way couples plan their weddings. The Knot quickly became the leading online wedding resource and a successful offline brand, reaching millions of brides, grooms, and gift-givers worldwide. The Knot later launched its website in July 1997 and went public on December 2, 1999.
The wedding market is highly fragmented and wedding resources are widely dispersed. Because traditional providers of wedding resources are single-service and product focused, to-be-weds must manage multiple providers and hence, find wedding planning to be stressful, time consuming and inconvenient. They seek a comprehensive solution to assist in the preparation and planning of their wedding. Because of its global reach and capacity to transmit information rapidly, the Internet represents an ideal medium whereby information can be widely accessed by a single resource. In 2000, the median age was 25 for first-time brides and 27 for first-time grooms, placing them in the demographic age group (18-29) that currently comprises approximately 27% of all Web users.
Each year approximately 2.4 million couples get married in the United States, generating approximately $70 billion in retail sales annually. Presumed to be the once-in-a-lifetime occasion, a wedding is a major milestone and, therefore, consumers tend to allocate significant budgets to their weddings and related purchases.
The average amount spent on a wedding is approximately $20,000, excluding the honeymoon.
During the six months prior to and the six months following a wedding, the average couple will make more buying decisions and purchase more products and services than at any other time in their lives, making them highly receptive to marketing initiatives (Modern Bride).
In 2001, the top three bridal magazines generated an average of $303 in revenues per reader, compared to an average of $94 and $66 in the top three travel and women's magazines, respectively (Advertising Age).
Over 91% of all to-be-weds register for gifts. Engaged couples receive gifts from an average of 200 guests, most of whom are spending between $70 and $100 (Bride's magazine survey.
Weddings also generate substantial revenues for travel services companies. Honeymoon travel generates an estimated $4.5 billion annually, and approximately 99% of all newlyweds go on a honeymoon, with an average cost of $3,657 per couple (Bride's magazine survey).
This site shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
This site contains forward-looking statements which involve risks and uncertainties. Our actual results may differ materially from the forward-looking statements made here. Factors which may affect actual results are contained in the Company's filings with the SEC, including the recent S-1 filing. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

THE KNOT ANNUAL REPORT
2002 ANNUAL REPORT
(pdf: 488kb/68 pages)

(necessary to read pdfs)


THE KNOT AT A GLANCE
#1 wedding website with 2.1 million unique visitors a month

3,600+ new members join TheKnot.com each day

Exclusive wedding content provider to MSN, CompuServe, and Netscape

The only wedding brand found on the Internet's top three portals: MSN and Yahoo!

Brand extensions in all media: Internet, magazines, books, and television

Largest publisher of regional wedding magazines with 1.2 million circulation in 18 U.S. cities

Leading retailer of wedding favors and supplies on the Internet

Our five books have combined sales of over 100,000 copies

Named "Best Wedding Hub" four years in a row by Yahoo! Internet Life

Key investors include QVC, The May Company, and Hummer Winblad Venture Partners

Voted "Forbes Favorite" Online Gift Registry