AUDIT REPORT Magazine TECHNOLOGY REVIEW Simple

ita l. Issu e. To tal. A udited. C irculation. P rint. Digita l. Issu e. To tal. Pu blisher's. S tateme nt. C laim. D iffere nce. %. Jan/Feb. 156,639. 13,835. 170,474. 159,830. 14,006. 173,836. -3,362. -1.9. Mar/Apr. 156,595. 13,836. 170,431. 155,825. 14,032. 169,857. 574. 0.3. May/Jun. 155,487. 13,966. 169,453. 157,392. 14,116.
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TECHNOLOGY REVIEW Cambridge, Massachusetts 02142

AUDIT REPORT Magazine

Annual Frequency: 6 times/year Published by Massachusetts Institute of Technology

Field Served: TECHNOLOGY REVIEW serves emerging technology and business markets. AVERAGE CIRCULATION FOR 12 MONTHS ENDED DECEMBER 31, 2016: TOTAL AVERAGE CIRCULATION Audited Circulation

Publisher’s Statement Claim

Difference

% of Difference

3 -50 -47

0.0 -0.3 -0.0

Paid & Verified Circulation: Subscriptions: Paid Print Digital Issue Total Paid Subscriptions Verified Print Total Verified Subscriptions Total Paid & Verified Subscriptions Single Copy Sales Print Total Single Copy Sales Total Paid & Verified Circulation Rate Base Variance to Rate Base

136,322 14,472 150,794

136,319 14,522 150,841

7,000 7,000

7,000 7,000

157,794

157,841

-47

-0.0

8,639 8,639

10,266 10,266

-1,627 -1,627

-15.8 -15.8

166,433 150,000 16,434

168,107

-1,674

-1.0

PRICES Suggested Retail Prices (1) $6.99 $29.95

Average Single Copy Subscription Average Subscription Price Annualized (6 issue frequency) Average Subscription Price per Copy (1) For the Report period (2) Represents subscriptions for the 12 month period ended June 30, 2016.

Net

Average Price (2) Gross (Optional)

$38.46 $6.41

04-1188-8 48 W. Seegers Road • Arlington Heights, IL 60005-3913 • T: 224.366.6939 • www.auditedmedia.com

TOTAL CIRCULATION BY ISSUE

156,639 156,595 155,487 150,227 148,506 144,314

Print

14,472

13,835 13,836 13,966 15,103 15,589 14,504

Digital Issue

166,433

170,474 170,431 169,453 165,330 164,095 158,818

Total Audited Circulation

153,585

159,830 155,825 157,392 150,295 149,615 148,555

Print

14,522

14,006 14,032 14,116 15,132 15,456 14,389 168,107

173,836 169,857 171,508 165,427 165,071 162,944

Publisher’s Statement Claim Total Publisher’s Statement Claim

-1,674

-3,362 574 -2,055 -97 -976 -4,126

Difference

-1.0

-1.9 0.3 -1.2 -0.1 -0.6 -2.5

%

Total Paid and Verified Circulation

2016 Issue

151,961

Audited Circulation

Jan/Feb Mar/Apr May/Jun Jul/Aug Sep/Oct Nov/Dec

Digital Issue

Average Total Paid and Verified Subscriptions

Paid Subscriptions

164,117 159,963 160,781 154,870 154,955 152,360

-102 -181 -126 -55 145 40

Difference

-0.0

-0.1 -0.1 -0.1 -0.0 0.1 0.0

%

136,322

143,180 138,946 139,689 132,712 132,511 130,896

Print

14,472

13,835 13,836 13,966 15,103 15,589 14,504

Digital Issue

150,794

157,015 152,782 153,655 147,815 148,100 145,400

Total Audited Circulation

136,319

143,111 138,931 139,665 132,738 132,499 130,971

Print

14,522

14,006 14,032 14,116 15,132 15,456 14,389

150,841

157,117 152,963 153,781 147,870 147,955 145,360

-47

-102 -181 -126 -55 145 40

Difference

-0.0

-0.1 -0.1 -0.1 -0.0 0.1 0.0

%

Audited Circulation

Print

14,006 14,032 14,116 15,132 15,456 14,389

-47

Audited Circulation Total Audited Circulation

150,111 145,931 146,665 139,738 139,499 137,971

157,841

Publisher’s Statement Claim Total Publisher’s Statement Claim

Digital Issue

164,015 159,782 160,655 154,815 155,100 152,400 14,522

Single Copy Sales

Digital Issue

Print

13,835 13,836 13,966 15,103 15,589 14,504 143,319

Publisher’s Statement Claim Total Publisher’s Statement Claim

2016 Issue

150,180 145,946 146,689 139,712 139,511 137,896 157,794

Digital Issue

Jan/Feb Mar/Apr May/Jun Jul/Aug Sep/Oct Nov/Dec 14,472

Audited Circulation

143,322

Verified Subscriptions

Average Audited Circulation

Publisher’s Statement Claim Total Publisher’s Statement Claim

10,266

9,719 9,894 10,727 10,557 10,116 10,584

10,266

9,719 9,894 10,727 10,557 10,116 10,584

-1,627

-3,260 755 -1,929 -42 -1,121 -4,166

Difference

-15.8

-33.5 7.6 -18.0 -0.4 -11.1 -39.4

%

Digital Issue

6,459 10,649 8,798 10,515 8,995 6,418

Print

8,639

Total Audited Circulation

6,459 10,649 8,798 10,515 8,995 6,418

Digital Issue

8,639

Print

7,000 7,000 7,000 7,000 7,000 7,000

%

7,000

Difference

7,000 7,000 7,000 7,000 7,000 7,000

Publisher’s Statement Claim Total Publisher’s Statement Claim

7,000

Digital Issue

7,000 7,000 7,000 7,000 7,000 7,000

Print

7,000

Total Audited Circulation

7,000 7,000 7,000 7,000 7,000 7,000

Digital Issue

7,000

Print

Jan/Feb Mar/Apr May/Jun Jul/Aug Sep/Oct Nov/Dec

2016 Issue

Average

Page 2 of 3 • 04-1188-8 Alliance for Audited Media

SUPPLEMENTAL ANALYSIS OF AVERAGE CIRCULATION The following averages, as reported below, are included in Total Average Circulation and annotated here per applicable rules. See Notes. PRINT Publisher’s Audited Statement % of Circulation Claim Difference Difference

PAID SUBSCRIPTIONS Individual Subscriptions* Sponsored Sales TOTAL PAID SUBSCRIPTIONS VERIFIED SUBSCRIPTIONS Public Place TOTAL VERIFIED SUBSCRIPTIONS TOTAL PAID & VERIFIED SUBSCRIPTIONS SINGLE COPY SALES Single Issue Sales TOTAL SINGLE COPY SALES TOTAL PAID & VERIFIED CIRCULATION

32,787 103,535 136,322

32,799 103,520 136,319

-12 15 3

7,000 7,000

7,000 7,000

143,322

143,319

3

0.0

8,639 8,639

10,266 10,266

-1,627 -1,627

-15.8 -15.8

151,961

153,585

-1,624

-1.0

DIGITAL ISSUE Publisher’s Audited Statement % of Circulation Claim Difference Difference

-0.0 0.0 0.0

3,238 11,234 14,472

14,472

14,472

3,288 11,234 14,522

14,522

14,522

-50

-1.5

-50

-0.3

-50

-50

-0.3

-0.3

TOTAL Publisher’s Audited Statement % of Circulation Claim Difference Difference

36,025 114,769 150,794

36,087 114,754 150,841

-62 15 -47

-0.2 0.0 -0.0

7,000 7,000

7,000 7,000

157,794

157,841

-47

-0.0

8,639 8,639

10,266 10,266

-1,627 -1,627

-15.8 -15.8

166,433

168,107

-1,674

-1.0

*Included in Average Price calculation

ADDITIONAL ANALYSIS OF VERIFIED PUBLIC PLACE The following represents the average public place copies made available during the report period to the following public areas:

Verified Subscription:

Public Place

Business/ Professional Services

7,000

Public Place Other

Total Public Place Copies

7,000

AUDIT STATEMENT The difference shown in average paid and verified circulation in comparing this report with the Publisher’s Statements for the period audited is 1,674 copies per issue deduction. NOTES Sponsored Subscriptions: Copies purchased by a third party in quantities of 11 or more for distribution to consumers. Average Nonanalyzed Nonpaid: Average nonanalyzed nonpaid circulation for the period was: 2,650 FOR ADDITIONAL DATA PLEASE REFER TO WWW.AUDITEDMEDIA.COM MEDIA INTELLIGENCE CENTER

To Members of the Alliance for Audited Media: We have examined the circulation records and other data presented by this publication for the period covered by this report. Our examination was made in accordance with AAM’s Bylaws and Rules, and included such tests and other audit procedures as we considered necessary under the circumstances. In our opinion, the total average circulation for the period shown is fairly stated in this report, and the other data contained in this report are fairly stated in all respects material to average circulation.

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