Press Releases

SUNNYVALE, Calif., April 24, 2001 — iBEAM Broadcasting^® Corporation (NASDAQ: IBEM), the leading provider of streaming communications solutions, today introduced iBEAM® Geo Agent™, an advanced geographical filtering identification application that adds to iBEAM's growing lines of applications and services designed to improve revenues for streaming media content providers.

Geo Agent, which is powered by NetAcuity™ from Digital Envoy™, the leader in geo-targeting technology, can be used by content providers to identify end-users' locations around the globe in real-time, by the country, region, and metropolitan areas. The new service filters and selects network conditions as well as customizes business rules for each end-user by enforcing boundaries for content distribution. The product will be available in June 2001.

Geo Agent enables iBEAM's customers to manage the complexities that result from the global nature of the Internet without invading the privacy of end-users. The service does not place software or “cookies” on end-user PCs, but rather it employs a sophisticated mapping technology to identify the location of the end-user requesting a stream. A simple “point and click” graphical user interface (GUI) enables the content provider to extend and customize distribution and business rules for each of its Internet customers. In addition, content providers can potentially avoid fines or legal fees associated with international regulatory laws, undoubtedly saving corporate costs and company time.

“Once again, iBEAM is helping customers turn streams into profit,” iBEAM Chairman, President and CEO Peter Desnoes said. “iBEAM's Geo Agent is a crucial component for companies demanding the maximum power of the Internet's global reach. Now, iBEAM offers its customers the option to enforce customized business rules and selective network options from behind the scenes, so the end-user's experience is hassle free and personalized, making the process a win-win for all levels of the commercial enterprise.”

“We are excited that iBEAM has chosen our industry-leading NetAcuity product to bring geographic identification services to its intelligent network,” Digital Envoy's CEO Sanjay Parekh said. “Through its use of NetAcuity, iBEAM's customers will be able to comply with international contractual and legal requirements and potentially increase revenues.”

Additionally, a content provider using Geo Agent and iBEAM® Syndication Media Agent™ can divide licensing rights among major regions — even among countries or major metropolitan areas. Content Providers will now be able to sell those licensing rights by territory. Furthermore, the data collected from Geo Agent identifies actual end-user usage in a given area providing valuable insight to content providers of what is popular at that particular point in time.

Geo Agent is fully integrated with other iBEAM value-added applications and services, including Syndication Media Agent, which enables content providers to control the distribution of their streaming media assets to multiple Web sites and collect detailed usage data on their content, and Advertising Agent™, which allows content providers to insert targeted advertisements directly into a stream.

In addition to Syndication Media Agent and Advertising Agent, Geo Agent joins a list of iBEAM revenue-generating solutions that includes Pay-Per-View Agent™, which allows a content provider to charge an admission fee when users access a webcast event, and Digital Rights Agent™, which protects content providers by securely distributing digital licenses allowing users to play valuable content only after users have met the registration or financial conditions specified.

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, secure licensed download and geographical identification 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.

Digital Envoy is a global Internet infrastructure company focused on providing geo-targeting, connection speed tailoring and network optimization solutions to network and content providers to allow their users more customized and relevant experiences, while maintaining user privacy. Digital Envoy is headquartered in Atlanta, Georgia and has an office in San Francisco, California. For more information, visit www.digitalenvoy.net or email sales@digitalenvoy.net.

The statements contained in this release relating to the business relationship between iBEAM and Digital Envoy and the effectiveness of iBEAM's services to be provided to any customer or end-user, including without limitation, Geo Agent, Syndication Media Agent, Advertising Agent, Pay-Per-View Agent, Digital Rights Agent, 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.