iBEAM And Raveworld.net Team to Deliver Secure Download of New Madonna Remix On the Internet.

Business Editors/Entertainment and High-Tech Writers

11-Minute Remix Available Via iBEAM Network at Raveworld.net through

Aug. 21; Deal Showcases iBEAM's Digital Rights Management Capability

SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 9, 2000

iBEAM Broadcasting(R) Corp. (Nasdaq:IBEM), the leading global streaming media network, and Raveworld.net, the leading electronic music site that targets Generation Y (listeners in their teens and early 20s), have combined forces to deliver an exclusive Internet premiere of the dance/rave remix of Madonna's new single, "Music." Using iBEAM technology, listeners who visit the www.Raveworld.net can download the remix securely without compromising Madonna's licensing rights.

Remixed by electronic artist Deep Dish, "Music" is the first single from Madonna's new album of the same name. The remix, which debuted on the Raveworld.net site at midnight PDT on Aug. 7, can be downloaded securely on demand via the iBEAM network at Raveworld.net through Aug. 21 at midnight PDT. More than 35,000 listeners downloaded the remix the first day it was available.

This new track continues a distribution agreement between Raveworld.net and Server-Side Technologies, which was acquired earlier this year by iBEAM. Previously, Raveworld.net and Server-Side have teamed up to stream secure downloads of Sarah McLachlan, The Crystal Method and others.

"We are living in an electronic age," Madonna told Raveworld.net in an interview last week. "But my goal is to take the coldness and distance of machinery and computers and turn it into something haunting and emotional. Something human. I love over-processed music and I am very sentimental, so hopefully my music is a reflection of that."

With the addition of iBEAM technology, the Madonna remix will be streamed to a mass Internet audience through the company's global streaming media network, a point to multi-point system that combines satellite and fiber-optic technologies to stream media to the edges of the Internet in the most efficient manner possible. This system enables content providers such as Raveworld.net and their end users to avoid much of the congestion typically associated with streaming media. In addition, iBEAM's digital rights management capabilities and On-Guard services enable artists such as Madonna to distribute their content via the Internet without worry that it will be reproduced by unauthorized parties.

iBEAM's On-Guard service combines iBEAM technology and Microsoft's digital rights manager (DRM) platform to provide an underlying security solution that makes piracy and duplication of content extremely difficult. This enables content providers -- in this case, Madonna and Raveworld.net -- to protect their assets from theft, copyright violations and distribution violations.

"When the world's most-influential female artist chooses the Internet to premiere her newest remix, it's obvious that streaming media has arrived as a viable method of distributing content," said Peter B. Desnoes, president and CEO of iBEAM. "This event showcases iBEAM's leadership in streaming media, particularly in entertainment. In addition, our digital rights management capabilities position iBEAM as a secure alternative to Napster. Thanks to our DRM services, iBEAM can stream this event without jeopardizing Madonna's legal rights to choose how she distributes her content."

This event underscores iBEAM's leadership in streaming entertainment content. According to a recent internal audit, iBEAM streams 52 percent of all Internet-only radio traffic, the most vibrant form of streaming media available today.

"Madonna is looking to generate buzz within the influencers of Gen Y, which is our target audience," said Mark Lacey, CEO of Raveworld.net. "Our listeners are interested in trend-setting music and technology, so this is an important market for Madonna to reach. That's why she chose us. Undoubtedly, we'll experience a high amount of traffic to our site as a result. Working with Server-Side and iBEAM leaves us virtually worry-free about digital rights management and handling massive traffic loads. The iBEAM network has proven capable of managing such large events in the past. The combination of that reliability, the ability to avoid piracy and the crystal-clear quality iBEAM's network provides made choosing iBEAM for this event an obvious move."

About Raveworld.net

Raveworld Network, Inc. (Raveworld.net) is an entertainment and marketing company using the Internet to reach young adult audiences. RNI is focused on the hard-to-reach Generation Y "influencers," who range in age from 12 to 26. RNI reaches its audiences through Web sites with content not available from other Web sites. RNI specializes in streaming media, viral marketing, community building and live events. Through its initial channel, Raveworld.net has established the foundation for programming that is driving digital music and broadcast content. RNI has developed unique relationships with a number of industry leaders such as Microsoft and is a WindowsMedia.com Content Platform Partner.

About iBEAM Broadcasting Corp.

iBEAM Broadcasting(R) Corp., headquartered in Sunnyvale, Calif., was founded by data communications, television, and telecommunications professionals in 1998. iBEAM provides an Internet broadcast network that delivers streaming media with viewing and listening quality that approaches television and radio, at lower cost than current Internet solutions and with the ability to scale to serve large audiences of simultaneous users. iBEAM's customers include major media and entertainment companies. For more information about iBEAM's broadcasting services, visit http://www.ibeam.com, or contact the company at 645 Almanor Avenue, Suite 100, Sunnyvale, CA 94086, telephone [phone].

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The statements contained in this release relating to business relationships with Raveworld.net, Madonna or Deep Dish and the implementation of iBEAM technology in connection with digital downloads of music over the Internet, are forward-looking statements. Actual results may differ materially from those anticipated in any forward-looking statement as a result of certain risks and uncertainties, including, without limitation, the early stage of iBEAM's operating history and the industry for Internet broadcast services, iBEAM's ability to build its network to the edge of the Internet, the complexity of iBEAM's broadcast network, and the security of transferring copyright-protected material over the Internet. For other risks and uncertainties applicable to iBEAM's business, investors are encouraged to refer to iBEAM's S-1 Registration Statement, as amended filed in connection with iBEAM's recent initial public offering.