Medialink Adds New Corporate Board Member; Alain Schibl of Union Bancaire Privee of Geneva Joins Board

Business Wire, Sept 20, 2000

Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 20, 2000

Medialink Worldwide Incorporated (Nasdaq:MDLK) today announced that Alain Schibl, Managing Director of Union Bancaire Privee of Geneva, Switzerland, has joined its corporate board.

Schibl, 34, serves as Global Head of Capital Markets and is based in the bank's London offices.

Medialink is the world's largest provider of creative video and audio production and distribution services to corporations seeking to convey their news via streaming media on the Internet as well as television and radio.

"Alain has the vision and vitality to help us leverage our strong position in global broadcasting and the growing potential of streaming media," said Laurence Moskowitz, Chairman, President and Chief Executive Officer of Medialink. "His European perspective, experience in the capital markets and understanding of both traditional media and emerging Internet-based capabilities makes him an ideal addition to our board."

Schibl, a graduate of "Ecole superieur de commerce" of Lausanne, and certified in securities trading by the University of Lausanne, is a native of Lausanne, and resides in London. He began his professional career at Caisse d'Epargne et de Credit, Geneva, moving on to Warburg Dillon Read before joining Union Bank Privee in Geneva.

"I have been impressed with Medialink since I was exposed to the Company during its Initial Public Offering in 1997," Schibl said. "Medialink's strong management and its ability to combine creativity and technology to create effective communications solutions for its impressive client list position it perfectly for the 21st Century."

Schibl joins Medialink board members Paul Sagan, President and Chief Operating Officer of Akamai Technologies Inc. (Nasdaq:AKAM); Fred Meyer, former Vice Chairman of Omnicom Group Inc. (NYSE:OMC); Don Kimelman, Director, Venture Fund, of The Pew Charitable Trust; attorney Theodore Tashlik; financial consultant James J. O'Neill; Harold Finelt, Venture Partner at American Research & Development; and J. Graeme McWhirter, Executive Vice President and Chief Financial Officer of Medialink.

Medialink (www.medialink.com) is the world leader in providing video and audio production, Internet webcasting services, press release distribution and still photography for 2,500 corporations, public relations agencies and other organizations seeking to communicate their news to the public via the media. Its research and analysis services help those clients understand how they are being covered in the traditional media and the Internet and to gauge the impact of their communications efforts.

With the exception of the historical information contained in the release, the matters described herein contain forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve various risks that may cause actual results to differ materially. These risks include, but are not limited to, the ability of the Company to grow internally or by acquisition, and to integrate acquired businesses, changing industry and competitive conditions, significant fluctuations in exchange rates, and other risks outside the control of the Company referred to in the Company's registration statement and periodic reports filed with the Securities and Exchange Commission.