iBEAM Broadcasting CEO Peter Desnoes to Keynote the Carmel Group's Convergence 2001 Conference
SUNNYVALE, Calif.--(BUSINESS WIRE)--May 15, 2001--iBEAM Broadcasting(R) Corp. (Nasdaq:IBEM), the leading provider of streaming communications solutions, today announced that Peter Desnoes, Chairman, President and CEO of iBEAM will deliver the keynote speech at The Carmel Group's fourth annual Convergence Conference, which will be held in San Francisco, May 16th and 17th, 2001 at the Fairmont Hotel.
The focus of the two-day event will cover topics surrounding streaming media and broadband delivery and has been entitled, "Convergence 2001: Content Reaching Terminal Velocity." Information on the specific daily panel discussions can be found at www.carmelgroup.com.
"On the heels of serving over one billion streams within the company's first 500 days of operation, iBEAM is pleased to have been selected by The Carmel Group as the content delivery network best able to address the current climate of the streaming industry, viable profitability issues, and practical streaming applications that support sustainable Internet business models for this market," said Peter Desnoes, Chairman, President, and CEO of iBEAM. "We look forward to this event, as well as an enlightening industry conference."
"The Carmel Group is honored to have Peter Desnoes headline this year's event, and iBEAM's position as a market leader will lend insight and authority to the discussion of our current chapter of broadband development," said Jimmy Schaeffler, Chairman and CEO of The Carmel Group. "In addition," Schaeffler continued, "with over three decades of experience in network broadcasting and production, Peter Desnoes' extensive background makes his perspective highly valuable to the entertainment, enterprise and VC communities attending the this year's conference."
The conference will begin on Wednesday, May 16th at 9am (PDT) for registration and demonstrations. Peter Desnoes' keynote address and luncheon will start at 11:30am (PDT) that morning, in the Terrace Room of the Fairmont Hotel.
About iBEAM Broadcasting Corp.
iBEAM Broadcasting(R) Corp. (Nasdaq:IBEM), founded in 1998, is the leading provider of streaming communications solutions. The iBEAM end-to-end solutions for enterprise and media customers include interactive webcasting, streaming advertising insertion, syndication and pay-per-view management, secure licensed download and geographical identification services. iBEAM currently delivers more than 100 million audio and video streams per month across its intelligent distribution network of satellite connected, high-performance servers located in more than 210 networks around the world. More than 460 innovative companies use iBEAM's global services including media leaders, CNBC, MTVi, and LAUNCH.com, and enterprise customers, IBM/Lotus, Bristol-Myers Squibb and Merrill Lynch. iBEAM is headquartered in Sunnyvale, California. Telephone 408/523-1600. For more information visit www.ibeam.com.
iBEAM's Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995
The statements contained in this release relating iBEAM, its services and products, and to the presentation and statements to be made by Peter Desnoes at or in connection with the Convergence Conference to be conducted by The Carmel Group, and oral statements of iBEAM management about such matters, 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 or 10-K filed with the Securities and Exchange Commission.
About The Carmel Group
The Carmel Group is a leading media research company based in Carmel, Calif., dedicated to the analysis of the media, computer, and telecommunications industries. Their mission is to provide in-depth market research, competitive analysis, forecasts, and cutting-edge information evaluating trends, major areas of growth, and emerging opportunities. Products and services of The Carmel Group include, consulting and expert witness testimony, conferences highlighting the DBS and convergence industries, monthly newsletters, and data book publications. The Carmel Group can be reached at 831/643-2222 or via the company's Web site at www.carmelgroup.com.
CONTACT: iBEAM Broadcasting, Sunnyvale
Anna Caldwell, 408/523-1634
acaldwell@ibeam.com
or
The Carmel Group
Natalie McChesney, 831/643-2222
info@carmelgroup.com |
