Maui Economic Development Board Announces the ``Maui...High Tech...Really!'' Web Cast at www.friendsofmaui.com.

Business Editors/High Tech Writers

KIHEI, Maui, Hawaii--(BUSINESS WIRE)--Aug. 16, 2001

Maui County as a location for high tech business opportunities is the topic of a web cast now available online at www.friendsofmaui.com. This valuable resource for all those interested in Maui County's high tech industry features segments on bold new Hawaii tax incentives for qualified high tech business covered by Ray K. Kamikawa, Partner, Chun, Kerr, Dodd, Beaman and Wong, LLC, Honolulu and former State of Hawaii Director of Taxation; significant efforts to bolster a local tech workforce by Maui Community College Provost Clyde Sakamoto; the public and private interest in high tech growth by Jeanne Unemori Skog, President and CEO of Maui Economic Development Board; and the assistance available to high tech companies on Maui by County of Maui Mayor James "Kimo" Apana. Also included are David Fradin, Friends of Maui and Digital Enterprises & Communications; and Allen Hunter, Vice President and General Manager of Hawaii Operations for Trex Enterprises Corp.

Stewart Cheifet addresses "The Death of Distance" in the keynote speech. Cheifet is the producer of the PBS TV show Computer Chronicles, which recently broadcast its first-ever four-part series entitled "Hi-Tech Hawaii" filmed in December 2000. Prior to his 17 year run at Computer Chronicles, Cheifet was a TV news reporter in Oahu and news director at KHON (CBS) and KITV (ABC) and on the journalism faculty at University of Hawaii.

Friends of Maui (FOM)

The event was an initiative of Friends of Maui, Maui County, and Maui Economic Development Board. Friends of Maui, headed up by David Fradin, was recently formed to foster Northern California high tech investment, relocation or start up in Maui County by creating liaison opportunities between the two communities. For more information, visit www.friendsofmaui.com or contact David Fradin at [e-mail].

Maui Economic Development Board, Inc. (MEDB)

MEDB is a 501(c)(3) non-profit community-based organization chartered in April 1982 to strengthen Maui's existing economy and to diversify its economic base, including the development of high technology business activity. MEDB works with the County of Maui and the private sector on development of the Maui Research and Technology Park (MRTP) and the Maui Research & Technology Center (MRTC). The MRTC, an incubator and phase-in facility, is managed by MEDB as a project of the State's High Technology Development Corporation. In addition, workforce development programs include Women In Technology, a federally funded initiative of Maui Economic Development Board, Kauai Economic Development Board and the Hawaii Island Economic Development Board, to attract girls, women and under-represented groups to scientific and technical career paths.