Kagan World Media Companies Announce Plans to Expand News & Data Coverage of Worldwide Broadband.

Business Editors

LONDON--(BUSINESS WIRE)--May 15, 2000

New Technology Magazines to Focus On

Convergent Media Providers of Video, Voice & Data

Launch to Include Debut of www.kaganbroadband.com

Kagan World Media, Inc.'s European and Asia-Pacific affiliates today announced significant expansion of their print and online coverage of emerging broadband companies and products.

Kagan Asia Media, Ltd. of Hong Kong, will launch ASIA BROADBAND TECHNOLOGY to track the coming development of digital and interactive TV, Internet protocol (IP) telephony, high-speed data, fibre-optic and Internet networks.

Kagan World Media, Ltd. of London, will introduce EURO BROADBAND TECHNOLOGY to analyse the European world leadership in convergent media systems and services. Both new magazines will begin as controlled free publications with advertising support.

The new publications will join established magazines in Hong Kong -- ASIA CABLE & SATELLITE WORLD -- and in London -- KAGAN EUROMEDIA.

"We are at the dawn of the most dynamic era in media network, content and service development," said Paul Kagan, chairman of Kagan World Media, Inc. "The huge wave of motion pictures, radio, television and telephony of the 20th century will be succeeded by the power of the electronic media of the new millennium. Ever-faster computer chips and breakthroughs in optical communications are drastically lowering the cost of transmission, while expanding the options of business and consumers to receive and download information and entertainment.

"Such rapid growth," Kagan said, "requires the kind of comprehensive coverage of business trends and data that the Kagan organisation has provided to media industries for more than three decades."

In conjunction with the launch of the new magazines and allied services, the Kagan companies will also launch a new Web site: www.kaganbroadband.com. Also, U.S.-based Paul Kagan Associates, Inc. will expand the coverage and scope of its www.kagan.com site, which features free news, analysis & data regarding fast-breaking global media events plus a pay-per-view site containing 6,000 research documents and more than 40,000 Kagan media newsletter articles and data tables dating as far back as 1992. All the information on both the free and PPV sites is archived and fully searchable with the super-fast PLS search engine.

"We now maintain daily stock price databases for nearly 1,000 media and communications companies worldwide," Kagan said, "and publish daily reports on 59 different proprietary media/telecom stock averages -- as well as broad market averages on 27 stock exchanges around the world. As more stock flotations are completed, and media convergence continues, our researchers are tracking more companies and groups of companies than any other research service in the world."

Kagan Asia Media, Ltd. publishes ASIA CABLE & SATELLITE WORLD, the leading cable TV/satellite newsmagazine in the Asia-Pacific region. It also publishes the ASIA PACIFIC MEDIA INVESTOR newsletter, the ASIA CABLE & SATELLITE WORLD GUIDE, the ASIA PACIFIC WIRELESS newsletter and databooks on Asian broadcasting and cable TV trends.

Kagan World Media, Ltd. publishes KAGAN EUROMEDIA, a pan-media, pan-continental monthly magazine featuring news, analysis and data on the leaders of the media economic revolution. It also publishes newsletters and annual databooks on European television, cable and pay TV systems, Internet advertising and e-commerce and cellular telephone developments.

In the United States, Paul Kagan Associates, Inc. publishes the KaganBROADBAND daily as well as 30 newsletters and four dozen research reports and conducts 20 conferences each year on a broad range of media sectors. Established in 1969, The Kagan Group provides research, consulting and valuation services on entertainment media and communications worldwide. Kagan offices are located in Carmel, California; London, England; Hong Kong; and Denver, Colorado.