Captivate Network Extends Internet's Reach to Additional Chicago Elevators.

Business/Technology Editors

CHICAGO--(BUSINESS WIRE)--March 6, 2000

Two Jones Lang LaSalle Office Buildings, Chicago Marriott Hotel Sign

up for Innovative Service

Captivate Network, Inc., the new media company bringing the Internet to elevators via wireless technology, will add three new Chicago buildings by the end of April to its rapidly growing list of properties. Captivate's flat panel, high resolution silent screens will soon deliver news, stock market quotes, weather and traffic reports, and other information to tenants at One Financial Place and the Smurfit-Stone Container Building, two properties managed by Jones Lang LaSalle, and to guests at the Marriott Hotel on North Michigan Avenue owned by LaSalle Hotel Properties, a hotel REIT, and The Carlyle Group.

The addition of these properties brings the number of Captivate-equipped buildings in Chicago to eleven, including installations at 10 & 30 South Wacker Drive, home to the Chicago Mercantile Exchange, and the President's Plaza complexes on West Bryn Mawr Avenue.

One Financial Place, a 40-story tower owned by The Travelers Insurance Company, has more than one million square feet of Class A office space and houses the Chicago Stock Exchange. Other tenants include First Options, Morgan Stanley, ABN AMRO-Sage, the prestigious LaSalle Club, and the Everest Restaurant.

"One Financial Place is particularly well-suited to Captivate's technology," said Mark W. Collins, Vice President and General Manager, Jones Lang LaSalle. "Many of our tenants are professionals who work in financial organizations and want up-to-the minute news. They also tend to be technology-savvy and want access to the latest high-tech innovations. Captivate's offering is an interesting and compelling product for our tenants."

Located at 150 North Michigan Avenue, the Smurfit-Stone Container Building, which features a sloping glass rectangle cut from its facade, is one of Chicago's most modern and recognizable properties. The 625,000 square foot building, owned by German-based BFG, is headquarters for Smurfit-Stone Container, the largest tenant, and also houses one of Chicago's most prestigious law firms, Ross & Hardies.

"We look forward to offering timely Internet content to the Smurfit-Stone Container building, one of Chicago's most distinctive properties," said Paul G. Coady, Vice President and General Manager of Jones Lang LaSalle. "Captivate Network is well equipped to deliver a wide range of meaningful content and video to elevator passengers and our building tenants via its leading edge, wireless technology."

The Marriott Downtown, located at 540 North Michigan Avenue in the heart of Chicago's famed Magnificent Mile, is the third new location for Captivate screens. The flagship hotel for Marriott in Chicago, the property has 46 floors, 1,176 rooms, 25 guest suites, and 55,500 square feet of meeting space. Captivate screens will be installed in its guest elevators, and the hotel will use them to deliver news and information about local events and activities as well as to promote its own restaurants and amenities.

"The Marriott Downtown is the perfect venue for Internet screens," said John Randall, Hotel Manager, Chicago Marriott. "The hotel hosts half a million guests per year and has just undergone a major $30 million renovation. Captivate's screens are a welcome addition to our services and amenities. We are pleased to be the first hotel in Chicago to provide guests with this unique service."

"We welcome these three prestigious locations to our growing customer list," said Captivate CEO Michael DiFranza. "Both property managers and hotels are in very competitive businesses, and any service that helps a company differentiate itself adds considerable value. Captivate helps buildings and hotels reach out to their tenants and guests in an effective and compelling way by delivering useful, dynamic and timely information."

Captivate's proprietary technology can be installed and serviced in any elevator -- regardless of its manufacturer or service provider -- and is currently in Millar, Schindler, Fujitec, and Otis elevators. The first company in the country to deliver Internet content to elevators, Captivate transmits news, traffic and weather reports, stock market quotes, sports scores, and a wide variety of other data to a captive audience. Content providers include The New York Times, Reuters, Boston Herald, SmarTraveler, Accuweather, and TrafficStation. Screens can be programmed by building managers to display fire and life safety announcements and information on amenities. Messages stay on-screen for l0 seconds and are updated as often as every 20 minutes during the workday.

Jones Lang LaSalle (NYSE: JLL) is the world's leading real estate services and investment management firm, operating across more than 100 key markets on five continents. The company provides comprehensive and wide ranging integrated expertise, including property and facility management, transaction and investment management core services on a local, regional and global level to owners, occupiers and investors. Marriott International, Inc. (NYSE: MAR), headquartered in Washington, D. C., is a leading worldwide hospitality company with over 2,000 operating units in the United States and 55 other countries and territories. Headquartered in Westford, Massachusetts, Captivate Network, Inc., (www.captivatenetwork.com) is privately held. Last year, Captivate signed an agreement with the nation's largest publicly held owner of office buildings, Equity Office Properties (NYSE: EOP), to install screens in more than 120 buildings.