ADVISORY/Defining the Digital Future: Business and Accounting Issues; KPMG LLP Leads Panel in Discussion of Major e-business Accounting Issues.

News/Assignment Editors, High-Tech Writers

ADVISORY for...Tuesday (Feb. 20)

--(BUSINESS WIRE)

      WHAT: KPMG LLP, the professional services firm; along with the law
        firm of Sidley and Austin; and Zone Communications as media
        sponsor, will present a panel of professionals to discuss how
        the Internet is radically changing the way businesses is being
        done today.
          Topics for discussion include: Income Statement Presentation;
        Revenue Recognition; Capitalization; Transactions in an
        Entity's Own Stock; and Investments in Alliances.
          Our panel of leading executives will identify and discuss the
        major business and accounting issues faced by companies doing
        e-business, and offer their perspectives on the implications
        and resolutions of those issues.

      WHO: Ron Ben Yehuda, partner, Sidley and Austin.
      --  Ron joined Sidley and Austin as a partner in1998, specializing
        in technology and e-commerce, intellectual property and
        cyberlaw. Prior to that, he served as vice president and
        general counsel for Quarterdeck Corporation, a public software
        company.
      James Carroll, CFO/executive vice president, ARTISTdirect.
      --  James has 20 years of financial and management experience and
        oversees ARTISTdirect's financial needs, business development
        and strategic planning. His business experience encompasses 16
        years of investment banking, most recently as a senior
        managing director in the media and entertainment group of Bear
        Stearns.
      Sam Paisley, executive vice president, ValueClick.
      --  In his nearly 30 years of financial experience, Sam has served
        in both the public and private sector. He previously served as
        executive vice president/CFO at Automation International.
      Philip R. Schimmel, partner-in-charge of Assurance for KPMG's Los
    Angeles and Orange County offices.
      --  Phil also is an SEC reviewing partner and works in the
        Information, Communications & Entertainment practice of the
        firm. He has been with KPMG for 25 years serving clients in a
        number of publicly-held companies in the technology sector.

      WHERE: The Regency Club
           10900 Wilshire Blvd., Los Angeles

      WHEN: Tuesday, February 20, 2001
          7:30 a.m. - 10:00 a.m.

      CONTACT/INTERVIEWS: Interested in attending? Want to schedule an
        interview or require further information? Please call Olivia
        Kress, KPMG LLP, 415.951.7540. Copies of KPMG's recent
        publication, Defining the Digital Future: Business and
        Accounting Issues, will be available to all in attendance.

KPMG LLP, the accounting, tax and consulting firm, is the link between business and technology, providing objective business advice of uncommon clarity that helps clients achieve market-leading results. KPMG International's member firms have more than 103,000 professionals, including 7,000 partners, in 159 countries. KPMG's Web site is http://www.us.kpmg.com. KPMG Consulting, LLC is a leading provider of Internet integration services and can be found on the Web at http://www.kpmgconsulting.com or reached through the firm's site.