IT RADIO NETWORK ON THE PROS AND CONS OF INCUBATORS

Incubators. The training ground for spoiled companies or the breeding grounds for the Microsoft’s of the future?

LOS ANGELES, CALIFORNIA – July 14, 2000 -- IT Radio Network, the voice behind eBusiness, is featuring an in-depth spotlight on the world of incubation. The guests in the piece include Jennifer Chrisler of I-Group HotBank, a SOFTBANK Inc. venture division, George Zachary of Mohr Davidow, Ed Black from Aberdeen Group, Tom Nolle of CIMI Corp. and Neil Cohen of campsix.

In the interviews, the guests discussed the pros and cons of incubators, CMGI (Nasdaq: CMGI), ICG (Nasdaq: ICGE) and idealab!, which companies are doing the best and worst jobs and helpful hints for deciding whether or not to go with an incubator.

According to Mohr Davidow General Partner George Zachary, some companies are poised to succeed, while others aren’t bring much to the table. "The three groups that have been doing a pretty good job are CMGI, ICG and idealab!," said Zachary. "I think the majority of the rest are just saying ‘hey, give me 50% of your equity and we’ll give you $250,000 and you can sit in our offices.’ That’s not a great deal by any stretch of the imagination."

Ed Black, Aberdeen Group Sr. VP agrees, "If you look at the segmentation in the market, you have some grand-daddies out there. You’ve got the CMGI’s, you have the Safeguard’s (NYSE: SFE), you have companies that have been really involved for many years in bringing forward technology and Internet companies. They’re pretty much the benchmark"

For more information, the entire interviews are available free online in RealAudio (Nasdaq: RNWK) and text at http://www.itradionetwork.com/spot_incubator.cfm.

About IT Radio Network

IT Radio Network is an online audio business magazine hosted by Marc Holland that features a variety of tech trends, company spotlights and one-on-one interviews with the people reshaping the world of technology. The site is produced by Sky Radio, which produces radio programs for online magazines, a network of corporate Web sites, several major airline carriers and CEOLive.com.

Interviews also currently available on IT Radio Network include Infospace (Nasdaq: INSP), Globix (Nasdaq: GBIX), CriticalPath (Nasdaq: CPTH), Storage Technology (NYSE: STK), Hewlett Packard (NYSE: HWP), Egghead.com, Inc. (Nasdaq: EGGS), Allegiance Telecom (Nasdaq: ALGX) and E.Piphany (Nasdaq: EPNY).

Contact:
Ann Given
IT Radio Network
(818) 380-1980
ag@ceolive.com