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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC

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To: ztect who started this subject7/20/2000 10:28:36 PM
From: Mary Baker  Read Replies (1) of 1150
 
Rare Medium Schedules Conference Call to Present Second Quarter Financials Results


NEW YORK--(BUSINESS WIRE)--July 20, 2000--Rare Medium (NASDAQ: RRRR), a leading strategic Internet enabler and incubator, today announced that a conference call has been scheduled for July 26, 2000 at 5 p.m. (EDT) to discuss the company's financial results for the second quarter ended June 30, 2000, which will be released shortly after the market close on the day of the conference call.

Representing Rare Medium on the conference call will be Glenn S. Meyers, chairman and chief executive officer, Suresh V. Mathews, president and chief operating officer and Jeffrey J. Kaplan, executive vice president and chief financial officer.

*T Conference call details: Date/Time: Wednesday, June 26, 2000 5:00 p.m. (EDT) Telephone Number: 888-849-9214 Reservation Number: 15574552

It is recommended that participants call 10 minutes before the

call is scheduled to begin. The conference call can be accessed

through the Internet, live or on a recorded basis, through Vcall at

www.vcall.com.

A replay of the conference call in its entirety will be available

approximately one hour after the completion of the call and will be

available for 24 hours by calling 800-633-8284 and entering the above

reservation number.

About Rare Medium Group, Inc.

Rare Medium invests in next generation Internet companies and

provides end-to-end Internet Services. Rare Medium incubates, finances

and manages private companies and also makes strategic investments in

independently managed companies that it believes possess superior

Internet-focused business models. Rare Medium's Internet Services

include development and authoring of business plans and strategies;

strategic, creative and technological consulting for Web initiatives;

on-line brand development and management; development of content for

broadband and wireless applications; and launch of on-line commerce

trading exchanges. Rare Medium leverages its Internet Services

expertise to increase the overall success of the companies in its

investment portfolio.

Rare Medium employs over 1,100 people in more than 20 locations

worldwide. For more information, visit raremediumgroup.com.

Except for historical matters contained herein, the matters

discussed in this press release are forward-looking and are made

pursuant to the safe harbor provisions of the Private Securities

Litigation Reform Act of 1995. Investors are cautioned that these

forward-looking statements reflect numerous assumptions and involve

risks uncertainties that may affect Rare Medium Group Inc., and its

subsidiaries' business and prospects and cause actual results to

differ materially from these forward-looking statements. Among the

factors that could cause actual results to differ are Rare Medium's

limited operating history; competition; low barriers to entry;

reliance on strategic relationships; rapid technological changes;

inability to complete transactions on favorable terms and those risks

discussed in the company's filings with the SEC.

CONTACT:

Rare Medium Group, Inc.

Jeffrey J. Kaplan

Executive Vice President

and Chief Financial Officer

212-883-6940

or

Wall Street Investor Relations Corp.

Joseph M. Zappulla

301-907-4090

jzappulla@wallstreetir.com

KEYWORD: NEW YORK

BW2464 JUL 20,2000

12:56 PACIFIC

15:56 EASTERN
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