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<div class="left_inner_box_heading"><h1>[MD1] Byte NOT Closing</h1></div>
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<p>Ealier, c|net wrongly reported that Byte Magazine was closing. This is not<br />
true. Below is a release from CMP about what is really happening.</p>
<p> - MacDev-1</p>
<p>___________</p>
<p>Manhasset, NY--CMP Media Inc. (Nasdaq: CMPX) has completed its previously<br />
announced $28.6 million acquisition of The McGraw-Hill Companies' (NYSE:<br />
MHP) technology publications--BYTE, Data Communications, LAN Times and<br />
tele.com--and its independent technology testing lab, NSTL, which will<br />
continue to run as an independent business.</p>
<p>The publication titles will become part of CMP's new Business Computing and<br />
Communications Group, which will also include InformationWeek, Network<br />
Computing, InternetWeek and Windows Magazine. Together, these publications<br />
represent the most comprehensive portfolio reaching the full spectrum of<br />
business IT buyers.</p>
<p>The company has also announced that it will suspend publication of Byte<br />
magazine for several months with a re-launch slated for this fall. Byte's<br />
archives will continue to be available at its web site (<a href="http://www.byte.com" title="www.byte.com">www.byte.com</a>),<br />
which will now become part of the CMPnet network (<a href="http://www.cmpnet.com" title="www.cmpnet.com">www.cmpnet.com</a>).</p>
<p>"Byte is a venerable title with a powerful global brand, and we're excited<br />
about having it in CMP's portfolio," said Kenneth D. Cron, President of<br />
Publishing at CMP.</p>
<p>"From our perspective, the publication needs refinement, and we believe we<br />
are uniquely capable of bringing it to this important brand," he said. "We<br />
look forward to the re-launch of Byte and the new opportunities it will<br />
offer to our advertisers."</p>
<p>Jeffrey L. Strief, who has been named Executive Vice President of the newly<br />
formed Business Computing and Communications Group in which Byte will<br />
reside, said, "We view Byte as the number one publication for those whose<br />
jobs depend on their knowledge of advanced technology with a particular<br />
concentration on application infrastructure."</p>
<p>In addition to suspending publication of Byte, CMP is folding Telepath, a<br />
monthly demographic edition of InternetWeek targeting the public network<br />
market, into tele.com to form the pre-eminent brand in that market.<br />
DataCommunications and tele.com will continue publishing from New York, and<br />
LAN Times will continue publishing from San Mateo, CA.</p>
<p>CMP Is Undisputed Leader in Business Computing and Communications Market</p>
<p>With the close of the acquisition, CMP indisputably takes the number one<br />
position in the business computing and communications market with 1.22<br />
million qualified subscribers (more than 900,000 unduplicated) receiving<br />
its controlled circulation publications. Added to the 850,00 readers who<br />
subscribe to or purchase single copies of Windows Magazine, CMP now offers<br />
access to 2.1 million of the most powerful professionals in the business<br />
computing and communications marketplace, in which spending on information<br />
technology is expected to reach $3.3 trillion worldwide by 2002, according<br />
to Dataquest.</p>
<p>"More than ever before, it is essential that technology vendors reach the<br />
right audiences with the right message using the right medium," Cron said.<br />
"With a comprehensive media platform in place that includes print,<br />
electronic media, and conferences and events, CMP can now serve as the<br />
single point of contact for technology marketers who want to reach the most<br />
powerful IT buying audiences--from the broadest to the most specialized,"<br />
he said.</p>
<p>Expanding on Cron's point, Strief said, "Networking has become the<br />
mission-critical technology for today's business, and our acquisition of<br />
three important networking titles expands our coverage and gives our<br />
customers maximum flexibility in reaching this important buying audience."</p>
<p>By July 1, combination advertising programs for the fall will be out in the<br />
market. "Our enthusiasm for these publications stems from their strong<br />
brand images and loyal readership. We're designing programs that will<br />
leverage the strengths and complementary formats of all of our titles, and<br />
help our customers stretch their marketing budgets at a time when,<br />
typically, many new products are announced and launched," Strief said.</p>
<p>Industry Veterans Tapped to Head New Group</p>
<p>Jeff Strief, who is now heading the Business Computing and Communications<br />
Group as Executive Vice President, has a long history of leadership at CMP.<br />
As Senior Vice President/Group Publisher for CMP's Technology Buyers Group,<br />
the new group's predecessor, he led the growth of CMP's enterprise and PC<br />
titles.</p>
<p>Reporting to Strief is Tony Uphoff, who has been promoted to Vice<br />
President/Group Publisher of the group. Uphoff returned to CMP in 1994<br />
after some years at Ziff-Davis to become Associate Publisher of<br />
InformationWeek. He was promoted to Publisher in 1995 and then to<br />
Publishing Director in 1997. Under his leadership, InformationWeek leaped<br />
from the number four position in the information systems category to the<br />
number one position in ad pages and readership, according to Cowles/Simba's<br />
Computer Publishing and Advertising Report and Simmons syndicated research,<br />
respectively. Uphoff will continue to serve as InformationWeek's Publishing<br />
Director until a new publisher is named.</p>
<p>Other key management positions include:</p>
<p>At Data Communications and tele.com: Joe Braue, who served as Group<br />
Publisher of Data Communications and tele.com while with The McGraw-Hill<br />
Companies, will continue heading up those publications as Publishing<br />
Director. Laurel Nelson-Rowe, formerly publisher of Telepath has been named<br />
publisher of tele.com, and former tele.com Editor-in-Chief Karen Lynch, who<br />
joined CMP earlier this year, will again assume the Editor-in-Chief spot.</p>
<p>At LAN Times: Industry veteran Patricia Schnaidt, who has held key<br />
management positions at LAN Magazine and Network Computing and most<br />
recently was Associate Publisher/Editorial Director at Windows Magazine,<br />
has been named Publisher. Jeremy Caron retains his position as<br />
Editor-in-Chief. Yvonne Diamond, who had directed marketing for Network<br />
Computing, will serve as Associate Publisher of Marketing.</p>
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