Press Releases

PONTE VEDRA BEACH, FL April 16, 2001 — PGATOUR.COM has partnered with iBEAM Broadcasting^® Corporation (NASDAQ: IBEM) and F2 Broadcast Network Inc. (OTCBB:FBNI) for the production and streaming of TOUR Monday Online. This innovative weekly online show gives golf fans the chance to get connected to the game. iBEAM facilitates production, streaming and design through its Activecast™ technology, enabling fans to get integrated in to this interactive show. F 2 Broadcast provides capture, editing and digitization of content elements including Champion’s Conversation and Champion Highlights Reel, bringing the previous week’s tournaments into play on the show. Bob Bubka hosts the Championship’s Conversation. PGATOUR.COM is co-produced by the PGA TOUR and SportsLine.com, Inc. (NASDAQ:SPLN), the leading global sports media company and publisher of CBS SportsLine.com (cbs.sportsline.com).

Airing each Monday at 11:30 a.m. ET, the show invites viewers to take an active part in shaping its content through instant message and e-mail. Real-time questions and viewer opinions will be received and responded to by co-hosts Brian Katrek and 18-year PGA TOUR veteran Greg Powers.

Viewers also will have the opportunity to vote in polls and see the results, as well as access content that feature the previous week’s champion and set the stage for the upcoming tournament.

“This show is both for and by the viewers. They tell us which direction they want to go each week,” said Len Watson, Vice President of PGATOUR.COM. “We get their thoughts on what’s been happening on the PGA TOUR, SENIOR PGA TOUR and BUY.COM TOUR. It’s their show.”

“We are very proud to provide unprecedented coverage for the PGATOUR with the new MONDAY ONLINE SHOW,” said Peter Desnoes, chairman, president and CEO of iBEAM Broadcasting. “This is a new way for fans of PGATOUR.COM to access highlights, pose questions, take part in on-line polls and hear the weekend’s previous champion discuss the victory run for each TOUR event.”

“iBEAM and F 2 Broadcast bring digitizing, streaming and distribution capabilities PGATOUR.COM needs to give the fans a complete interactive experience,” said Donna Orender, PGA TOUR Senior Vice President of Television, Productions and New Media.

The PGA TOUR is a tax-exempt membership organization of professional golfers. Its primary purpose is to provide significant competitive and earnings opportunities for past, current and future members of the PGA TOUR, SENIOR PGA TOUR and BUY.COM TOUR; to protect the integrity of the game; and to help grow the reach of the game in the U.S. and around the world.

More than 125 events are being contested on the three tours in 2001, for more than $250 million in prize money. In addition to providing competitive opportunities for its membership, TOUR events also generate significant sums of money for charity. TOUR events have raised approximately $575 million for charity since 1938, the first year such records were kept. The PGA TOUR’s web site address is www.pgatour.com

F2 Broadcast Network is a provider of Internet video production services specializing in the creation of turnkey solutions for live, on demand, and archived convergent media. F2 Broadcast delivers content via both high-speed Internet access and satellite uplink. With satellite downlink facilities at both its Palm Beach, and Broward County locations F2 Broadcast is uniquely positioned to successfully produce and stream content from any location and deliver it to the World Wide Web.

Note: Certain statements herein that are not historical are forward-looking statements, which involve risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which the forward-looking statements are based are reasonable, it can give no assurances that such expectations and assumptions will prove to have been correct. See the Company's Quarterly Report on Form 10-QSB/A1 for the period ended September 30, 1999 and its Forms 8-K reporting events occurring on December 20, 2000 and January 5, 2001, for additional statements concerning important factors that could cause actual results to differ materially from the Company's expectations, including factors related to the Company's financial condition and the uncertainty of its ability to satisfy its operating expenses until revenues from the sale of certain assets, or from any other source or sources, become available.

For Information, or a complete F2 Broadcast Media Kit please contact: Robert Fuchs or Howard Stern at F2 Broadcast; 1-866- F2 Video.

iBEAM Broadcasting^® Corp. (NASDAQ: IBEM), founded in 1998, is the leading provider of streaming communications solutions. The iBEAM end-to-end solutions for enterprise and media customers include interactive webcasting, streaming advertising insertion, syndication and pay-per-view management, and secure licensed download services. iBEAM currently delivers more than 100 million audio and video streams per month across its intelligent distribution network of satellite connected, high-performance servers located in more than 190 networks around the world. More than 425 innovative companies use iBEAM's global services including media leaders, CNBC, MTVi, and LAUNCH.com, and enterprise customers, IBM/Lotus, Bristol-Myers Squibb and Merrill Lynch. iBEAM is headquartered in Sunnyvale, Calif. Telephone (408) 523-1600. For more information visit www.ibeam.com.

The statements contained in this release relating to the business relationship between iBEAM and SportsLine.com and the effectiveness of iBEAM's services to be provided to SportsLine.com and end-users including without limitation, Activecast, and oral statements of iBEAM management about such matters, 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, iBEAM's ability to manage its expansion and raise additional capital and the complexity of iBEAM'' s broadcast network, and the desirability of iBEAM's new and existing products and services in the market. For other risks and uncertainties applicable to iBEAM's business, investors are encouraged to refer to iBEAM's most recent Form 10-Q or 10-K filed with the Securities and Exchange Commission.