Feed the Monster Adds Media Veteran Bob Buziak to Board, Announces Other Management Changes.

Business Editors

PHOENIX--(BUSINESS WIRE)--Jan. 17, 2000

FTM ("Feed the Monster") Media, Inc. (OTC BB:FTMM) announced today that it has appointed Bob Buziak, former president of RCA Records and Sony's Tri-Star Music Group, to its Board of Directors, and promoted David A. Kendrick to the position of president and chief operating officer.

Kendrick had been senior vice president, Sales, Marketing and Affiliate Relations of the company since August 1999. FTM also announced that directors Jeffrey Pollack and Vickie Ocheltree-Collier are resigning from the Board.

"These changes reflect the dynamic growth occurring inside the company," said Frank Wood, FTM's chairman. "We are excited to welcome Bob Buziak to the Board and look forward to the invaluable guidance he'll provide in our development. He has, for the past five years, specialized in bending the hyperdrive of the music and entertainment industries toward the commercial `big bang' of the Internet universe."

Buziak heads his own independent consulting firm, which he founded in late 1995, to advise companies that operate at the convergence of the music, entertainment and Internet technologies. He is working with clients like AT&T, TCI Music, Liberty Digital and traditional music companies such as Zomba/Jive and Jeff McClusky and Associates. He has also been a board or advisory board member to several new media, gaming and media companies.

"I'm honored to be involved in the further development of Feed the Monster," Buziak said. "I've been watching the company since its inception and believe that its unique model for marrying major-market radio stations to the advertising, brand extension and e-commerce capabilities of the Internet is leading edge. The company has the talent, vision and energy to attain its goals on the creative and marketing side, and I look forward to helping its continued success on the business side."

Buziak will fill the position left by Jeffrey Pollack, who will continue to serve as a consultant to the company. Pollack is chairman and CEO of Pollack Media Group, an international music and media consulting firm. Vickie Ocheltree-Collier, also FTM's general manager of Operations, is leaving the company for personal reasons.

Ron Conquest, FTM chief executive officer, said, "David Kendrick's promotion recognizes his talents and contributions to Feed the Monster to date and taps his impressive sales, management and radio industry credentials for the team's overall efforts. He already has proven himself a linchpin in our operations and, in this new position, he will be better able to leverage the resources necessary to best serve our client stations."

In his nearly 30 years of radio and Internet experience, Kendrick has held sales and management positions for several broadcast companies including the national radio rep firm, McGavren Guild. He also worked for the San Francisco radio stations KNBR, which is NBC Radio's flagship station, and Brown Broadcasting's KKSF-FM and KDFC AM/FM.

Under Kendrick's direction, those radio stations became perennial format ratings leaders and are credited with developing many innovative programming, marketing, and community and listener database programs that have been widely implemented by radio stations throughout the United States. One of these cutting-edge developments came in 1993 when the KKSF technical staff launched what is generally considered to be the country's first commercial radio station Web site.

"Major-market radio stations' use of the Internet to extend brand and open new revenue avenues is really just beginning," Kendrick said, "and I believe that Feed the Monster's model for managing that convergence is novel, effective and very promising. I'm proud to be associated with the talented visionaries that make up this company, as well as our superb group of radio station partners. I look forward to the challenges as well as the exciting developments that are about to unfold at the Monster."

Feed the Monster creates an Internet presence for major-market radio stations. The work includes developing and managing cutting-edge Web sites; creating integrated advertising and e-commerce opportunities; and extending stations' branding from the airwaves onto the Internet. Among FTM's client sites are www.kroq.com in Los Angeles and www.live105.com in San Francisco.

More information about FTM Media, which has corporate headquarters in Phoenix and creative offices in Burbank, Calif., can be found on its own Web site: www.feedthemonster.com.

This release contains forward-looking statements that involve risks and uncertainties. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are economic, competitive, governmental and technological factors affecting the company's operations, markets, products, services and prices, as well as other factors detailed in the company's regular filings with the Securities and Exchange Commission including its recent filings on Forms 10-Q and 10-K.