Streaming Media Inc. Selects Digital Island for Streaming Services

Business Wire, March 14, 2001

Business Editors/High-Tech Writers

SAN FRANCISCO--(BUSINESS WIRE)--March 14, 2001

Digital Island's Footprint Streaming Service Chosen to Provide

Production, Encoding and Content Delivery Services for

the Streamingmedia.com Web Site

Digital Island, Inc. (Nasdaq:ISLD) today announced that it has been selected by Streaming Media, Inc., a division of Penton Media, one of the fastest growing B2B media companies in the world, to provide live and on-demand streaming for its industry-leading Web site, www.streamingmedia.com.

As part of the agreement, Digital Island will encode and deliver more than 500 hours of archived searchable editorial and convention content.

Streaming Media, Inc. provides industry professionals with an information-based Web site with the latest news and resources for the streaming media industry and hosts Streaming Media conferences around the world. With the streaming market expected to grow to over $2.5 billion in 2004, according to Jupiter Communications, the demand for streaming news, education and information is greater than ever.

Digital Island's Footprint(R) Streaming service provides both live and on-demand video and audio streams to visitors of the streamingmedia.com Web site in all three popular formats including Windows Media, RealPlayer and QuickTime. In addition, Digital Island's Footprint service streams all the domestic and international Streaming Media convention keynotes and conference sessions.

"As the industry-leading site for streaming media information, we need a comprehensive streaming solution that includes production, encoding and content delivery services," said Sujata Subramanian, producer, Streaming Media, Inc. "Digital Island meets all of these requirements and is enabling us to deliver exceptionally clear, high-quality content to tens of thousands of viewers monthly."

"We are honored to be working with the industry's leading site for streaming media news and information," said Adam Cohen, vice president of Media Services, Digital Island. "Being selected to provide streaming services to Streaming Media Inc. is proof that Digital Island is the standard for the industry."

Footprint Streaming enables companies to deliver rich media audio, video and animation to more users around the globe, quickly and reliably. Footprint Streaming is a comprehensive streaming solution with a suite of services include production, signal encoding, acquisition, injection, and content delivery of streaming media in all leading streaming formats.

Digital Island has delivered some of the largest live streaming media entertainment events on the Internet, such as AC/DC, the American Express Blue Concert Series, Backstreet Boys, Britney Spears, Metallica, Madonna, Pink Floyd, Sheryl Crow and the SegaNet Bowl. Many other large enterprises are using Digital Island's streaming media services for corporate communications, online video services and events, including Clear Channel Internet Group, GE Americom, Reuters' Financial Video Online, The Humane Genome Project, News Corporation's Global Forum 2000, Sandler O'Neill Partners Financial Conference, and Sun Microsystems.

About Streaming Media, Inc.

Streaming Media, Inc., a subsidiary of Penton Media, Inc., is a rapidly growing diversified media company serving the streaming media and broadband content industry. Founded in 1998, the San Francisco-based company produces the world's largest Streaming Media Conventions. Streaming Media, Inc. produces the No. 1 information-based Web site (www.streamingmedia.com) and the industry's leading magazine (Streaming Media Magazine), bringing the latest news and resources to the streaming media community.

About Digital Island

Digital Island is the leading provider of managed Internet infrastructure for enterprises that need to give their customers a great Web experience in order to drive e-Business transactions. The company integrates managed hosting, content delivery and network services to bypass Internet congestion and guarantee fast and relevant interactions. Digital Island is headquartered in San Francisco, and its global e-Business delivery network reaches 35 countries.

This press release contains information about the plans, objectives and expectations of the management of the Company that may constitute forward-looking statements. Important factors which could cause actual results to differ materially from those in the forward-looking statements, include but are not limited to: the operational difficulty of developing, deploying and delivering the Company's complex range of products and services; the potential lack of market acceptance of such products and services; competition from presently existing and new competitors; the risks associated with international operations and expansion; delays in raising or the unavailability of additional capital to fund operating losses and capital investment; the possibility of decreased growth in demand for Internet services in general and other factors detailed in the Company's periodic filings with the Securities and Exchange Commission. The Company assumes no duty to update information contained in this press release.