Keynotes at Inaugural GridWorld to Highlight Commercial Benefits of Grid Computing

FRAMINGHAM, MA – August 29, 2005 – IDG World Expo, the leading producer of world-class tradeshows, conferences and events for technology markets, and the Global Grid Forum (GGF), a community of users, developers and vendors leading the global standardization effort for grid computing, today announced the keynote lineup for the inaugural GridWorld(TM), scheduled to take place October 3-6, 2005 at the Boston Park Plaza Hotel & Towers.

GridWorld is a B2B conference focused on the commercial benefits of grid computing for Enterprise IT strategists worldwide. GridWorld also brings together the international grid community for in-depth working sessions on user requirements, best practices and interoperable software standards. During their keynote addresses, senior executives from Credit Suisse First Boston, British Telecom, Microsoft Corp., CIO magazine and Engineous Japan will discuss the commercial benefits of integrating grid computing technologies, products, and solutions into core IT operations.

Gary J. Beach, Group Publisher, CXO Media Inc. (the publisher of CIO magazine) will deliver the opening keynote address titled, "The Business Case for Why Leading IT Organizations are Adopting Grids." During his keynote, Beach will discuss the global business trends helping to shape next generation Enterprise IT. He will explore the 10 reasons IT professionals are adopting grid technologies to enable business advantage. In the process, he will help frame the interactive discussion between participants at GridWorld as they discuss the business case and roadmap for successful grid adoption within the Enterprise.

"In today's dynamic business environment, enterprises around the world are aggressively working horizontally across organizational and geographic boundaries to deliver greater customer value and competitive advantage," said Beach. "CIO's are challenged to increase the business value of their IT services and enable integration with customers, suppliers and partners. As large commercial enterprises transition from vertical silos to horizontally-integrated infrastructure and applications they are adopting grid solutions that enable industry collaboration while providing flexible, cost-efficient solutions for informational integration and resource sharing."

In his keynote address, Steve Yatko, Global Head of Research and Development IT, Credit Suisse First Boston, will discuss how trends of network-based computing coupled with the challenge of operational complexity have resulted in increased IT cost pressures. Yatko will explore how the long-term impact of ongoing cost pressures on innovation can be directly correlated to the ability of IT to enable and accelerate the business. He will also discuss how the economics of agility will support new business opportunities and help IT fund and manage change as a competitive weapon.

Takehiko Kato, President, Engineous Japan, Inc. will explain during his keynote address how grids are making it possible for the world's engineering community to expand beyond national borders and how this globalization trend is affecting the aerospace, automotive and electronics industries. Kato will describe the global collaboration that Grid computing makes possible in engineering design and illustrate how Grids permit companies to streamline their design processes as a result of inter-company and inter-national engineering collaborations.

Additional keynote addresses will be delivered by Frank Falcon, Grid Delivery Manager for British Telecom; Tony Hey, Vice President, Technical Computing for Microsoft Corporation; and Andrew Grimshaw, Professor of Computer Science, University of Virginia.

For more information or to register for the event, visit http://www.gridworldhome.com.

About GridWorld

GridWorld is the premier B2B trade event for both enterprise IT strategists and IT vendors exclusively focused on the commercial benefits of integrating grid computing technologies, products, and solutions into core IT operations. For more information or to register for the event, visit the GridWorld Web site at www.gridworldhome.com . For sponsorship opportunities, please contact Kevin Downey at 203.895.8243 or Kevin_downey@idg.com.

About IDG World Expo

IDG World Expo (http://www.idgworldexpo.com) produces technology-focused tradeshows, conferences and events for professionals seeking world-class education, peer-to-peer networking and one-stop comparison shopping. As the leading technology event management company, IDG World Expo leverages its experience and knowledge of technology-focused events and conferences, enabling technology companies to capture the attention and loyalty of influential buyers. IDG World Expo's portfolio of conferences and events includes Macworld Conference & Expo(R), LinuxWorld Conference & Expo(R), Bio–IT World Conference + Expo(R), Wireless Sensing Solutions(R), Syndicate(TM), GridWorld(TM), Real Time CRM Solutions(TM), OSBC(TM), RoboBusiness and RoboNexus. IDG World Expo is a business unit of IDG, the world's leading technology media, research and event company.

About the Global Grid Forum (GGF)

The Global Grid Forum (GGF) is the community of users, developers, and vendors leading the global standardization effort for grid computing. The GGF community consists of thousands of individuals in industry and research, representing over 400 organizations in more than 50 countries. Together we work for the pervasive adoption of grid computing worldwide because we believe grids will lead to new discoveries, new opportunities, and better business practices.

The work of GGF is carried out though community-initiated working groups, which develop best practices and specifications in cooperation with other leading standards organizations, software vendors, and users. GGF is funded through its Sponsor Members, including technology producers and consumers as well as academic and government research institutions. GGF meets as a worldwide community three times annually to share best practices and further develop grid-related specifications.

About IDG

International Data Group (IDG) is the world's leading technology media, research, and event company. A privately-held company, IDG publishes more than 300 magazines and newspapers including Bio-IT World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World, and PC World. The company features the largest network of technology-specific Web sites with more than 400 around the world. IDG is also a leading producer of more than 170 computer-related events worldwide including LinuxWorld Conference & Expo(R), Macworld Conference & Expo(R), DEMO(R), and IDC Directions. IDC provides global market research and advice through offices in 50 countries. Company information is available at http://www.idg.com.

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