Business Services Industry

COMDEX China 2002, Largest Business-to- Business IT Marketplace in Mainland China, to Focus On E-Commerce Infrastructure and Software, Wireless and Security Technologies

Business Wire, April 15, 2002

Business/Technology Editors

COMDEX China 2002

LOS ANGELES and FRAMINGHAM, Mass.--(BUSINESS WIRE)--April 15, 2002

Key3Media Group, Inc. (NYSE: KME) and International Data Group (IDG) announced today that COMDEX China 2002 will focus its show floor, keynotes and conferences on the topics of e-government, e-commerce infrastructure and software applications, wireless and security technologies. COMDEX China 2002 will take place in Beijing at the China International Exhibition Center, April 17 - 20, 2002 and will showcase over 200 national and international exhibitors as well as technology pavilions from Hong Kong, Korea, Taiwan and the USA.

"COMDEX China 2002 is an excellent example of how COMDEX supports the global IT marketplace," said Kim Myhre, president of Key3Media International. "It provides technology sellers, buyers and government officials with a unique global platform to evaluate the latest technology solutions and make buying decisions that will impact their businesses' ability to be competitive in the world market. The Chinese IT marketplace has been experiencing tremendous growth and we are looking forward to a very dynamic event."

"According to our research, IT spending in China in 2000 was at $13.8 billion and is expected to reach $30.9 billion by 2004," said Gary Fung, Vice President of IDG Asia. "The collaboration between the Chinese government, IDG and Key3Media's COMDEX organization has created a world class event dedicated to servicing the specific IT needs of the Chinese IT marketplace."

COMDEX China 2002 attendees will benefit from a roster of marquee keynoters, including Hong Ki Kim, CEO, Samsung, SDS; Sung Moon Kwon, CEO, KTB Network; Ms. Luzhaoxia, senior vice president, Neusoft Group; Ulrich J. Seif, senior vice president and CIO, National Semiconductor Corp; and Dr. Li Lei, director of the Research Group of E-Politics, the Software Institute, China Academy of Science.

COMDEX China 2002 will also offer a four day, 40 session conference program that will cover business IT strategies for China as well as the latest developments in telecommunication, networking, e-commerce and digital technologies. A series of special programs, including the e-commerce forum, the IT executive forum and the reseller forum will complement these keynotes and conferences.

As the marketplace for buyers and sellers of business technology, COMDEX provides an overview of the critical issues, trends and technologies driving the IT Marketplace. Each year at COMDEX certain trends emerge that demonstrate the potential to change the entire IT landscape. COMDEX is the IT marketplace where buyers and sellers meet, learn and make business technology decisions. For more information visit www.comdex.com.

About International Data Group...

Headquartered in Boston, International Data Group (IDG) informs more people worldwide about information technology than any other company. With annual revenues of $3.01 billion, IDG is the leading global provider of IT media, research, conferences and events. IDG publishes more than 300 newspapers and magazines in 85 countries, led by the Computerworld /InfoWorld, Macworld, Network World, PC World, and CIO global product lines. IDG offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), a gateway to IDG's 330 websites powered by more than 2,000 journalists reporting from every continent in the world. IDG also produces 168 technology-related events including IDG World Expo's Macworld Conference & Expo and the new BioITWorld Conference & Expo. Research company IDC provides global market intelligence and advice through 51 offices in 43 countries. Company information is available at www.idg.com.

About Key3Media...

COMDEX China is a Key3Media event. Key3Media Group, Inc., is the world's leading producer of information technology tradeshows and conferences, serving more than 5,300 exhibiting companies and 1.3 million attendees through 60 events in 17 countries. Key3Media's products range from the IT industry's largest exhibitions such as COMDEX and NetWorld Interop to highly focused events featuring renowned educational programs, custom seminars and specialized vendor marketing programs. For more information about Key3Media, visit www.key3media.com

Certain matters discussed in this release are "forward-looking statements," including statements about Key3Media's future results, plans and goals and other events which have not yet occurred. These statements are intended to qualify for the safe harbors from liability provided by the Private Securities Litigation Reform Act of 1995. You can find many (but not all) of these statements by looking for words like "will", "may", "believes", "expects", "anticipates", "plans" and "estimates" and for similar expressions. Because forward-looking statements involve risks and uncertainties, there are many factors that could cause Key3Media's actual results to differ materially from those expressed or implied in this release. These include, but are not limited to, economic conditions generally and in the information technology industry in particular; the timing of Key3Media's events and their popularity with exhibitors, sponsors and attendees; technological changes and developments; intellectual property rights; competition; capital expenditures; and factors impacting Key3Media's international operations. In addition, the terrorist attacks on September 11, 2001 have adversely affected the economy generally and significantly decreased air travel in particular. These developments have and will continue to adversely affect participation and attendance at Key3Media's events, although the Company is not able to quantify or reliably estimate the future impact that these matters may have on its businesses, results of operations or financial condition. The sections entitled "Item 1. Business - Certain Factors That May Affect our Businesses" and "Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Annual Report on Form 10-K for the year ended December 31, 2001 filed by Key3Media with the SEC contain important cautionary statements and a discussion of many of the factors that could materially affect the accuracy of Key3Media's forward-looking statements and/or adversely affect its business, results of operations and financial position. These statements and discussions, as well as any of Key3Media's other SEC public filings, are incorporated herein by reference. Key3Media does not plan to update any forward-looking statements.

 

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