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USA and Germany

New York, NY - February 2004 - Index Stock Imagery, The Independent Choice For Your Imagination, is proud to announce a new distribution agreement with Avenue Images, whose headquarters is in Hamburg, Germany. Avenue Images will offer 300,000 of Index's high quality images to the German editorial and commercial markets.

Avenue Images is a relatively new investor-backed company. It began marketing images in June of 2003. Index has been working with the company from its launch.

According to Joachim Koutzky, Director of Avenue Images: “Our target audience is Ad Agencies, Graphic Designers, Design Firms, Corporate Offices, Magazines and Book Publishers. We represent nearly all the existing Royalty Free publishers in Germany. Index is currently our largest source of Rights Managed images.”

Avenue is proving that it will be a powerful force in the German territory, and we have worked well together, so far,” says Peter McClusky, VP of International Development for Index.

Index Stock, www.indexstock.com , because of the size and breadth of its library, continues to be a major international player in the stock photo industry with agents in fifty countries. In addition to Avenue Images, in the past year it has replaced agents in Italy, Portugal, England, Mexico and Chile. It represents dozens of domestic collections and has 650,000 images available online, of which 75,000 are Royalty Free images. Its Web site, www.indexstock.com, supports emailable lightboxes, e-commerce shopping, and customized price grids and high-res comps, for qualified customers. Mac users can enjoy a Mac interface and all of Index's loyal customers receive gifts through the Image Points Reward Program that is featured on the Index site.

Index Stock Imagery, Inc. is a registered trademark.

Contact:

Pat Hunt

800-729-7466

212-929-4644