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04/16/01 5:28 PM

#105 RE: Archangel #103

F2 News: 04/16/01

PGATOUR.COM Joins Forces With iBEAM and F2 Broadcast To Give Fans Their Say Through New Interactive Show

4/16/2001 9:15:00 AM
PONTE VEDRA BEACH, Fla., Apr 16, 2001 /PRNewswire via COMTEX/ -- PGATOUR.COM has partnered with iBEAM Broadcasting(R) Corporation (IBEM) and F2 Broadcast Network Inc. (FBNI) for the production and streaming of TOUR Monday Online. This innovative weekly online show gives golf fans the opportunity to become interactive. iBEAM facilitates production, streaming and design through its Activecast(TM) technology, enabling fans to get integrated in to this interactive show.

F2 Broadcast provides capture, editing and digitization of content elements including Champion's Conversation and Champion Highlights Reel, bringing the previous week's tournaments into play on the show. Tournament Radio Broadcasting host Bob Bubka hosts the Championship's Conversation and Champion Highlights Reel. PGATOUR.COM is co-produced by the PGA TOUR and SportsLine.com, Inc. (SPLN) , the leading global sports media company and publisher of CBS SportsLine.com (cbs.sportsline.com).

Airing each Monday at 11:30 a.m. ET, the show invites viewers to take an active part in shaping its content through instant message and e-mail. Real-time questions and viewer opinions will be received and responded to by PGA TOUR Radio co-hosts Greg Powers and Brian Katrek.

Viewers also will have the opportunity to vote in polls and see the results, as well as access content that feature the previous week's champion and set the stage for the upcoming tournament.

F2 Broadcast also produces the "Inside The Press Room" feature for the PGA TOUR, streaming pre- and postround interviews with PGA TOUR players on www.pgatour.com in both a "live" and "on demand" format. The "Inside The Press Room" feature permits viewers from around the world to have a front row seat each week in the PGA TOUR Media Center as TOUR players meet with the journalists.

"We are pleased with the ongoing relationship with PGATOUR.com," said Howard Stern, CEO of F2 Broadcast Network. "We look forward to this new and exciting venture."

"We are very proud to provide unprecedented coverage for the PGA TOUR with the new MONDAY ONLINE SHOW," said Peter Desnoes, president, chairman and CEO of iBEAM Broadcasting. "This is a new way for fans of the PGATOUR.com to access highlights, pose questions, take part in on-line polls and hear the weekend's previous champion discuss the victory run for each TOUR event."

"iBEAM and F2 Broadcast bring the digitizing, streaming and distribution capabilities PGATOUR.COM needs to give the fans a complete interactive experience," said Donna Orender, PGA TOUR Senior Vice President of Television, Productions and New Media.

About the PGA TOUR

The PGA TOUR is a tax-exempt membership organization of professional golfers. Its primary purpose is to provide significant competitive and earnings opportunities for past, current and future members of the PGA TOUR, SENIOR PGA TOUR and BUY.COM TOUR; to protect the integrity of the game; and to help grow the reach of the game in the U.S. and around the world.

More than 125 events are being contested on the three tours in 2001, for more than $250 million in prize money. In addition to providing competitive opportunities for its membership, TOUR events also generate significant sums of money for charity. TOUR events have raised approximately $575 million for charity since 1938, the first year such records were kept. The PGA TOUR's web site address is www.pgatour.com.

About iBEAM Broadcasting(R) Corp.

iBEAM Broadcasting(R) Corp. (IBEM) offers streaming media distribution, revenue-producing applications, and interactive Webcasting services to major entertainment and enterprise customers. iBEAM is leading the future of streaming media through its focus on customer care and improving its customers' businesses. iBEAM's On-Target(TM) ad insertion technology and Activecast(TM) interactive Webcasting capabilities create value for companies who use streaming media. iBEAM currently delivers more than 80 million streams per month across its network of high-performance servers located in more than 190 networks around the world, connected by satellite, and augmented with fiber optic cable. More than 425 innovative companies use iBEAM, including enterprise and financial leaders IBM/Lotus, Bristol-Myers Squibb and Merrill Lynch. iBEAM was founded in 1998. For more information about iBEAM's services, visit www.ibeam.com, or contact the company at 645 Almanor, Suite 100, Sunnyvale, CA 94085, telephone 408-523-1600.

IBEAM's Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this release relating to the business relationship between iBEAM and Live@17 and its affiliates and the effectiveness of iBEAM's products and services to be provided by iBEAM regarding the 2001 Players Championship, and any oral statements of iBEAM's management regarding the matters presented in this press release, are forward- looking statements. Actual results may differ materially from those anticipated in any forward-looking statement as a result of certain risks and uncertainties, including, without limitation, the early stage of iBEAM's operating history and the industry for Internet broadcast services, iBEAM's ability to build its network to the edge of the Internet, iBEAM's ability to manage its expansion and raise additional capital and the complexity of iBEAM's broadcast network, and the desirability of iBEAM's new and existing products and services in the market. For other risks and uncertainties applicable to iBEAM's business, investors are encouraged to refer to iBEAM's most recent Form 10-Q filed with the Securities and Exchange Commission.

About F2 Broadcast

F2 Broadcast Network is a provider of Internet video production services specializing in the creation of turnkey solutions for live, on demand, and archived convergent media. F2 Broadcast delivers content via both high-speed Internet access and satellite uplink. With satellite downlink facilities at both its Palm Beach, and Broward County locations F2 Broadcast is uniquely positioned to successfully produce and stream content from any location and deliver it to the World Wide Web.

Note: Certain statements herein that are not historical are forward- looking statements, which involve risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which the forward-looking statements are based are reasonable, it can give no assurances that such expectations and assumptions will prove to have been correct. See the Company's Quarterly Report on Form 10-QSB/A1 for the period ended September 30, 1999 and its Forms 8-K reporting events occurring on December 20, 2000 and January 5, 2001, for additional statements concerning important factors that could cause actual results to differ materially from the Company's expectations, including factors related to the Company's financial condition and the uncertainty of its ability to satisfy its operating expenses until revenues from the sale of certain assets, or from any other source or sources, become available.

For Information, or a complete F2 Broadcast Media Kit please contact: Robert Fuchs or Howard Stern at F2 Broadcast, 1-866-F2 Video.

SOURCE F2 Broadcast Network Inc.

CONTACT: Chris Smith of PGA TOUR, 904-273-3379; or Anna Caldwell of
iBEAM, 408-523-1634; or Dave Reddy of Weber Shandwick Worldwide, 650-532-4013;
or Diana Laverdure for F2 Broadcast Network Inc., 561-391-8717; or Robert
Fuchs or Howard Stern of F2 Broadcast, 1-866-F2 Video

URL: http://www.ibeam.com
http://www.pgatour.com
http://cbs.sportsline.com
http://www.firstentertainment.com
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