Press Release

BiZBash.com For Immediate Release Contact: David Adler 646.638.3600 Ext: 101
Cell: 917.543.1024
dadler@bizbash.com
Keith Fredericks Named Chief Technical Officer of BiZBash.com Idea Center

NEW YORK, August 9, 2000 - The BiZBash.com Idea Center, the soon to be launched marketplace and showcase serving the premium events and business entertaining community, announced today that Keith Fredericks has been named its founding Chief Technical Officer. Prior to joining BiZBash.com, Fredericks held the chief technical role at two New York Internet startups - CDKnet and Gotham Broadband.

``Keith is a new media veteran with more than 15 years planning, developing, designing and implementing computer applications and evaluating viability of programs. In his new post, he will help BiZBash create a robust online product that will enhance both the data and editorial that will be our cornerstone. We are thrilled to have Keith on the BiZBash team,'' said David Adler, CEO and founder.

``From a technology point of view, it is clear that the special events industry is underserved,'' said Fredericks. ``And, since the industry is in its technological infancy, we will really fill a need in bringing the digital age to the special events business.''

Fredericks has had career in user interface and graphics and visualization software development, in addition to network performance measurement and network testing. BiZBash.com is the third Internet start-up that he has had a hand in developing. Prior to joining CDKnet, he was with Cray Research where he initiated the Virtual Reality and Rendering and Animation projects which resulted in Cray Animation Theater, the rendering and animation product - one of the first applications released for the Cray T3D massively parallel computer system. Fredericks studied photographic science and engineering at Rochester Institute of Technology, where his work into the sensitivity of nuclear track emulsions earned him a prestigious Central Intelligence Agency research grant.

About BiZBash.com Idea Center
The BiZBash.com Idea Center is being created to meet the information and commerce needs of the growing, underserved and competitive events marketplace. The site is being designed to be the first place to look when planning, brainstorming or visually conceptualizing an event.

A closed user group will begin beta-testing the service in fall 2000.

BiZBash.com received $2.5 million of Series A financing in May 2000. Milestone Venture Partners, an early stage B2B venture firm focusing on the New York metropolitan area, led the round along with prominent individual investors including William F. Reilly, former chairman and CEO of Primedia; Andrew Farkas, chairman and CEO of Insignia Financial Group; Matthew Bronfman; and Amy Churgin, publisher of Architectural Digest. Todd Pietri of Milestone Venture Partners will join the Board of Directors along with Reilly, Louis Perlman and Bronfman.

BiZBash.com additional senior management includes Founders David Adler and Jonathan Adler. David Adler, who was the co-founder and president of Washington Dossier magazine, a glossy magazine that covered the entertaining, social and political world of the nation's capital, and the former corporate communications chief for Primedia and Macmillan Inc., will assume the role of CEO and editorial director. Jonathan Adler, formerly chairman and CEO of The Adler Group, Inc., Apartment Shoppers Guides, New Homes Shoppers Guides and former publisher of Washington Dossier, will be chairman and COO of the Company.

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