COMDEX Fall 2001 to Feature Hot Storage Networking Sector On Exhibit Floor; FCIA and SNIA to Raise Visibility of Standards Conformance and Advancement of Networked Storage Solutions.

Business/Technology Editors

COMDEX Fall 2001

LOS ANGELES--(BUSINESS WIRE)--Oct. 30, 2001

Key3Media Group, Inc. (NYSE: KME) announced that the Fibre Channel Industry Association (FCIA) and the Storage Networking Industry Association (SNIA) will co-exhibit for the first time in a specially designed exhibit program at COMDEX Fall 2001. The program, titled Networked Storage Solutions will raise visibility for one of the hottest high tech sectors: standards conformance and advancement of networked storage. The Pavilion will be featured at the Las Vegas Convention Center at COMDEX Fall 2001 from November 12-16, 2001, in Las Vegas.

"In today's competitive business environment, a company's success can often depend upon an organization's ability to strategically access, distribute and analyze its data," said FCIA executive director Chris Lyon. "With the increase in e-commerce activities, the proliferation of customer data and the use of data-intensive applications, leveraging data in a timely and accurate way is crucial to business performance. Today, every business needs a strong storage networking strategy."

Whether storing vast amounts of data on customers and vendors or running complex data mining tools, businesses of all sizes are looking at the advantages achieved through smart storage networking. Today, storage is key to keeping a company's information moving, accessible and manageable, across its networks, file and web servers, and all management interfaces.

"COMDEX offers a unique opportunity for our organizations to raise awareness about the need and the importance of interoperability of competitive networking products," said Robin Glasgow, Executive Director of the SNIA. "Through the Networked Storage Solutions exhibit, SNIA and FCIA members provide customers with solutions to their storage needs, providing them with the tools they need to manage their storage networks."

The Networked Storage Solutions area at COMDEX Fall 2001 is designed to provide one focal point for all network storage, enabling visitors to see storage area networks (SANs) and network attached storage (NAS) working side-by-side using Fibre Channel, iSCSI and FCIP technologies. The area will be anchored by members of the associations, including Brocade Communications, IBM, QLogic and Seagate Technology. Exhibitors will demonstrate for COMDEX attendees the positive impact and value of adopting uniform operating standards and maintaining conformance to these standards.

About the FCIA

The Fibre Channel Industry Association is an international organization of manufacturers, systems integrators, developers, systems vendors, industry professionals and end users. With over 200 members and affiliates in the United States, Europe and Japan, the FCIA is committed to delivering a broad base of Fibre Channel infrastructure to support a wide array of industry applications within the mass storage and IT-based arenas. FCIA Working Groups focus on specific aspects of the technology that target both vertical and horizontal markets, including storage, video, networking and SAN Management. For more information, please contact the Fibre Channel Industry Association at [phone] or via e-mail at [e-mail], or visit the FCIA web site at http://www.fibrechannel.org.

About the SNIA

The Storage Networking Industry Association (SNIA) is a not-for-profit organization, made up of over 200 companies and individuals spanning virtually the entire storage industry. SNIA members share a common goal: to set the pace of the industry by ensuring that storage networks become efficient, complete and trusted solutions across the IT community. To this end, the SNIA is uniquely committed to delivering standards, education and services that will propel open storage networking solutions into the broader market. For information, contact the SNIA at 650-949-6720 or via e-mail at [e-mail], or visit the SNIA Website at http://www.snia.org.

About Key3Media

COMDEX is a Key3Media event. Key3Media Group, Inc., is the world's leading producer of information technology tradeshows and conferences, serving more than 6,000 exhibiting companies and 1.5 million attendees through 60 events in 18 countries. Key3Media's products range from the IT industry's largest exhibitions such as COMDEX and NetWorld+Interop to highly focused events featuring renowned educational programs, custom seminars and specialized vendor marketing programs. For more information about Key3Media, visit www.key3media.com

Certain matters discussed in this release are "forward-looking statements," including statements about Key3Media's future results, plans and goals and other events which have not yet occurred. These statements are to qualify for the safe harbors from liability provided by the Private Securities Litigation Reform Act of 1995. You can find many (but not all) of these statements by looking for words like "will", "may", "believes", "expects", "anticipates", "plans" and "estimates" and for similar expressions. Because forward-looking statements involve risks and uncertainties, there are many factors that could cause Key3Media's actual results to differ, materially from those expressed or implied in this release. These include, but are not limited to, economic conditions generally and in the information technology industry in particular; the timing of Key3Media's events and their popularity with exhibitors, sponsors and attendees; technological changes and developments; intellectual property rights; competition; capital expenditures; and factors impacting Key3Media's international operations. In addition, the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Prospectus Supplement dated June 22, 2001 filed by Key3Media with the SEC under Rule 424(b) relating to its high yield bond offering and the section entitled "Item 1.Business - Certain Factors That May Affect our Business" in the Annual Report on Form 10-K for the year ended December 31, 2001 filed by Key3Media with the SEC contain important cautionary statements and a discussion of many of the factors that could materially affect the accuracy of Key3Media's forward-looking statements and/or adversely affect its business, results of operations and financial position. These statements and discussions are incorporated herein by reference. Key3Media does not plan to update any forward-looking statements.

Key3Media, COMDEX, NetWorld+Interop, Interop and associated design marks and logos are trademarks owned or used under license by Key3Media Events, Inc., and may be registered in the United States and other countries. NetWorld is a service mark of Novell, Inc., and is registered in certain jurisdictions. Other names mentioned may be trademarks of their respective owners.