Bristol-Myers Squibb Selects ScreamingMedia for Content Solutions.

Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 30, 2001

Superior technology makes ScreamingMedia the No. 1 choice for

enterprise-level content aggregation, syndication, processing and

distribution.

Bristol-Myers Squibb, a leading diversified worldwide health and personal-care company, has selected ScreamingMedia (Nasdaq: SCRM) to provide content solutions for their intranet and extranets, Kevin Clark, CEO of ScreamingMedia, announced today. ScreamingMedia is the world's leading provider of content solutions and the preferred solution for content distribution and syndication for large, global enterprises.

ScreamingMedia has licensed its content and technology platform and will provide customized content solutions -- including syndication, technology and consulting services -- to Bristol-Myers Squibb. Because of its complex content and infrastructure requirements, including an intricate intranet system, Bristol-Myers Squibb turned to ScreamingMedia for its fully flexible and scalable end-to-end content solutions.

"We needed a leading-edge alternative to producing our own content and aggregating information from multiple sources," said Jack Cooper, CIO of Bristol-Myers Squibb. "ScreamingMedia fulfilled our content needs -- from infrastructure issues, to syndicating content that is relevant to our sites, to providing expert opinions on what content is best for us."

Mr. Cooper continued, "ScreamingMedia knows how to satisfy the business goals of Fortune 500 enterprises whose content needs and technology demands are very sophisticated and mission-critical, as is the case in the health-care industry."

ScreamingMedia has become the standard for content aggregation, syndication, processing and delivery among leading global enterprises. As the latest enterprise-level user of ScreamingMedia's services and solutions, Bristol-Myers Squibb joins Hewlett-Packard, General Electric, IBM, Microsoft and others.

"2001 will be the `Year of the Enterprise' in content distribution and management," explained Kevin Clark, CEO of ScreamingMedia. "As more and more established, global corporations continue to use the Internet to advance their enterprises, the opportunity to maximize their return on investment through fully outsourced content solutions from ScreamingMedia has increased tremendously. Companies like Bristol-Myers Squibb consider relevant content an essential tool for growing revenues, developing new business opportunities, reducing time to market, increasing competitive advantage and effectively managing customer relationships. As the market leader, ScreamingMedia's opportunity here is considerable."

Clark continued, "To unlock the value of content, these top-tier enterprises are turning to ScreamingMedia as their solution provider for technology and content services. As multinational corporations continue to select ScreamingMedia as the content-solutions provider of choice, not only does this increase ScreamingMedia's market share among traditional companies that are moving aspects of their businesses online, it is a powerful endorsement of ScreamingMedia's vision that content, managed efficiently and effectively through superior technology, is a sound and undeniable value proposition."

In an effort to better serve its growing enterprise client base, ScreamingMedia has dedicated resources specifically to enterprise corporations. Its complete solution for these clients includes SiteWareXE, ScreamingMedia's fully integrated, client-side software that comes in multiple languages and is equipped with tools that power the aggregation, management, processing and integration of content across many websites; an unparalleled global network of content from more than 3,000 publications; and professional services, including editorial consulting.

Through its Technology Services, ScreamingMedia also licenses its core technology to enterprises and media companies outside its network that need to manage, process and integrate content across their own internal networks. In addition, ScreamingMedia has developed adapters that merge SiteWare into state-of-the-art content management and personalization systems, such as those by Allaire, Interwoven and BroadVision, providing enterprises using these systems with access to ScreamingMedia's robust content solution.

About ScreamingMedia:

ScreamingMedia Inc. (NASDAQ: SCRM) is the world's leading provider of content solutions. Powered by its state-of-the-art technology platform, ScreamingMedia offers its clients robust technology and content services to meet all their business needs. For enterprises and media companies with their own content resources, ScreamingMedia Technology Services licenses the company's core infrastructure platform and tools, enabling B2B customers to power the aggregation, syndication, processing and integration of content across their own web and wireless networks. Through its Content Services, ScreamingMedia aggregates licensed content -- news, features, photos, video, stock quotes, audio, weather reports and more - from more than 3,000 publications, then filters, delivers and precisely integrates this content instantaneously into the web and wireless platforms of its clients, including Fortune 500 corporations, portals, vortals, niche websites and wireless networks. Serving the United States, Europe and Latin America, ScreamingMedia is headquartered in New York City and has offices in San Francisco, Miami, London, and Paris. For more information, visit ScreamingMedia's website at www.screamingmedia.com.

The release contains information about future expectations and plans of ScreamingMedia's management and prospects of ScreamingMedia's business that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "intend," "anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the timely development and market acceptance of new and updated products, our ability to expand our infrastructure (including personnel and computer systems) and the effect of competition. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Readers are also directed to consider other risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission. ScreamingMedia undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.