COMDEX Unveils a ``Who's Who'' of the Tech Industry for 2003 Keynote Speakers; Bill Gates to Mark His 20th Anniversary Keynote at COMDEX.

Business Editors/High-Tech Writers

COMDEX Fall 2003

LOS ANGELES--(BUSINESS WIRE)--July 1, 2003

Speakers Reflect COMDEX 2003's Focus on Today's

Most Critical Business Issues

Medialive International, Inc., the world's leading producer of information technology events, conferences, publications and other media and services, announced today its first round of keynote presentations at COMDEX 2003 on November 16-20. Keynote presenters include top executives from Microsoft Corporation, Sun Microsystems, Computer Associates, Symantec and PalmSource at the Las Vegas Convention Center.

Microsoft Corp. Chairman and Chief Software Architect Bill Gates will kick off COMDEX's keynotes, marking his 20th anniversary of addressing the COMDEX audience. Gates will be followed by addresses featuring Sun Microsystems Chairman, President and CEO Scott McNealy; Computer Associates Chairman and CEO Sanjay Kumar; Symantec Chairman of the Board of Directors and CEO John Thompson; and PalmSource President and CEO David Nagel.

"Bill Gates' and Scott McNealy's continued support for the event is a testament to COMDEX as the IT industry's leading event," said Mike Millikin, group senior vice president, Medialive. "The addition of Computer Associates, Symantec and PalmSource this year reflects our commitment to showcase the leaders addressing today's critical and complex business issues such as on-demand computing, security, and wireless."

COMDEX 2003 is being built from the ground up this year to present a new industry event paradigm, focused on catalyzing the dialogue between IT buyers and sellers with a strong bent on solving business problems. COMDEX has identified seven key themes: Wireless and Mobility; Windows and .Net; the Digital Enterprise; Web Services; Open Source; On-demand Computing; and Security.

"The $870 billion IT market now more than ever needs a place for the industry to connect," said Millikin, group senior vice president, Medialive. "COMDEX 2003 will continue to be the place for buyers and sellers to meet face-to-face, discuss business problems and identify how technology can provide competitive advantages."

Millikin added, "COMDEX will answer with a resounding `yes' to the question raised in recent debates among industry pundits whether information technology matters. One only has to look back to 1983 when Gates first addressed the COMDEX community to see the evolution of IT and how since then it has driven incredible efficiencies into the enterprise, and continues to do so today. We are making significant improvements to COMDEX 2003 to ensure that our venue is best positioned to connect the global IT marketplace in a meaningful forum, and to demonstrate unequivocally that IT does matter."

About Medialive International, Inc. (formerly Key3Media Group) (OTCBB:KMEDQ)

Medialive International produces information technology tradeshows and conferences. Medialive'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, visit www.key3media.com.

Certain matters discussed in this release are "forward-looking statements," including statements about Medialive's future results, plans and goals and other events which have not yet occurred. These statements are intended 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 Medialive'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 Medialive's events and their popularity with exhibitors, sponsors and attendees; technological changes and developments; intellectual property rights; competition; capital expenditures; and factors impacting Medialive's international operations. On February 3, 2003, Key3Media voluntarily filed for protection and reorganization under the federal bankruptcy code as a result of declining operating profits caused in part by the persistent difficulties experienced by participants in the IT industry and the related reductions in IT marketing budgets, a general downturn in the economy and the continuing adverse consequences of the September 11, 2001, terrorist attacks on the travel industry which have been further negatively impacted by the commencement of hostilities in Iraq during March 2003. Each of these developments have and will continue to adversely affect participation and attendance at Medialive's events, although we are not able to quantify or reliably estimate the future impact that these matters may have on our businesses, results of operations or financial condition. The section entitled "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Form 10-Q for the quarter ended March 31, 2003, filed by Key3Media with the SEC, and the sections entitled "Item 1. Business -- Certain Factors That May Affect our Businesses" and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Annual Report on Form 10-K for the year ended December 31, 2002, 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 Medialive's forward-looking statements and/or adversely affect its business, results of operations and financial position. These statements and discussions, as well as any others contained in Key3Media's other SEC public filings, are incorporated herein by reference. Medialive does not plan to update any forward-looking statements.

About COMDEX

Part of the Medialive International, Inc. family of global brands, COMDEX hosts educational forums, events and conferences that focus on the technology areas most critical to today's IT buyer. COMDEX fosters ongoing collaboration, communication and commerce for the $879 billion IT market by connecting IT vendors with decision makers in Global 2000 companies. Regional 2003 events include COMDEX US (Las Vegas, November 16-20); Orbit COMDEX Europe, September 24-27; COMDEX Korea, August 18-21; COMDEX Brazil, August 17-22; and COMDEX Canada, September 16-18. For more information, visit www.comdex.com.

Medialive International, NetWorld+Interop, NetWorld, Interop, COMDEX and associated design marks and logos are trademarks owned or used under license by Medialive International Events, Inc., and may be registered in the United States and other countries. Other names mentioned may be trademarks of their respective owners.