Credit Suisse First Boston Annual Technology Conference Sold Out Event - Robin Williams Meets Jornada & Microsoft.

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Dec. 1, 1999--

Credit Suisse First Boston's Annual Technology Conference kicked off at the Phoenician Resort in Scottsdale, Arizona yesterday where over 190 company executives will be presenting to more than 1000 attendees. While Robin Williams entertained over vintage wines and attendees tinkered with Jornadas - Hewlett Packard's new palm-size PC - Microsoft and other top technology firms shared industry insights with the world's leading technology investors. Institutional investors at this conference manage more money than the value of every company in the S&P 500. The popular four-day event sold out ten days after the invitations were sent via email.

Greg Maffei, CFO and Senior Vice President Finance & Administration for Microsoft, the first keynote speaker yesterday, noted that the company believes PC unit growth will accelerate from already strong levels, due largely to the Internet and an anticipated proliferation of non-PC devices. Maffei demonstrated the ability of a device to show a full video clip (the "Toy Story 2" trailer). He also showcased the music and audio capabilities of a device.

Mike Kwatinetz head of technology research for CSFB believes that devices will "extend" rather than replace the PC sector. He believes devices like the HP Jornada, Palm Pilot and new Handspring Visor will eventually eclipse PCs in unit sales.

Other conference highlights for the day included: -0-

--   TD Waterhouse (TWE) President, Frank Petrelli and Mortgage.com
     (MDCM) Chairman & CEO, Seth Warner, announced a co-branding
     agreement to offer mortgages to TD Waterhouse's more than 2
     million customer accounts over the Internet.

--   Applied Materials (AMAT) said deliveries could surge in Q2 and
     touted two new products to watch - the new wafer inspection
     system which may be released in December and the delayed ion
     implanter which "could be killer once released in mid-2000"
     according to CSFB research analyst, Elliot Rogers.

--   Cisco (CSCO), whose Internet telephone booths were in use at the
     conference, reiterated the impact of the Internet increasingly
     being used as the distribution mechanism for services (commerce,
     entertainment, travel & publishing), replacing physical
     distribution. There was much investor focus on Cisco's optical
     strategy and wireless opportunity.

--   Nokia (NOK) confirmed that its mobile phone unit production is
     expected to reach more than 260 million for the year. CSFB
     reiterated its Buy rating on the stock based on the company's
     optimistic outlook.
-0-

Other presenters yesterday included Jerry Chang, President & CEO of Clarent (CLRN), Netcentives (NCNT) Chairman & CEO, West Shell III, Audible (ADBL) Chairman and Founder, Donald Katz, ONYX Software (ONXS) President & CEO, Brent Frei, Citrix (CTXS) CEO Mark Templeton, CNET (CNET) CEO Halsey Minor, AutoDesk (ADSK) Chairman & CEO Carol Bartz, Vitria Technology (VITR) President & CEO, JoMei Chang, Latitude Communications (LATD) President & CEO, Emil Wang, Wind River (WIND) President Tom St. Dennis, Juniper Networks (JNPR) President & CEO Scott Kriens, and Larry Tanning, President & CEO of Tanning Technology (TANN).

The first night of the week-long event, guests were treated to a special dinner prepared by New York chef, Daniel Boulud (restaurant Daniel in New York) and a surprise appearance by comedian Robin Williams.

Credit Suisse First Boston is a leading global investment banking firm, providing comprehensive financial advisory, capital raising, sales and trading, and financial products for users and suppliers of capital around the world. It operates in over 60 offices across more than 30 countries and has over 14,000 employees. For the year ended December 31, 1998, CSFB had $6.7 billion in revenues, $7.1 billion in equity and $291 billion in assets.

The Firm is a wholly owned subsidiary of the Zurich-based Credit Suisse Group.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.