Network World Identifies the Industry’s 50 Most Powerful People in Annual “Power” Issue

SOUTHBOROUGH, MA – December 27, 2004 – Network World, Inc. today announced that multinational construction and financial services firm Lend Lease has won its 20th annual User Excellence Award competition. Network World editors selected Lend Lease from more than 50 applicants for its unique business-transforming, network IT project. Lend Lease is one of the companies profiled in Network World's annual Power Issue, a special, double year-end issue that highlights cutting-edge technologies, innovative projects and trends empowering the network industry.

Also highlighted in the Power Issue is this year's list of 50 most powerful people in networking – a list that includes many well-known names and some newer faces among the vendor, government and user communities -with over half the players changing since last year. Ranking No. 1 on the 2005 list is John Chambers, CEO of Cisco (Nasdaq:CSCO). Rounding out the Top 5 are Bill Gates, chairman of Microsoft (Nasdaq:MSFT); Sam Palmisano, CEO of IBM (NYSE:IBM); Carly Fiorina, CEO of HP (NYSE:HPQ); and Ivan Seidenberg, CEO of Verizon (NYSE:VZ). The 2005 list also features a number of IT leaders driving corporate security, voice-over-IP (VoIP) and other leading-edge technology initiatives that promise not only to transform their own businesses but the network industry at large. These include Don Haile, president and CIO, Fidelity Investment Systems Company; Rhonda MacLean, SVP and director of corporate information security, Bank of America (NYSE:BAC); and Scott Griffin, CIO, Boeing (NYSE:BA). Several industry association leaders made the list for their advancement of important industry standards. They include Bob O'Hara, chair, IEEE 802.11 task group and Leslie Daigle, chair, Internet Architecture Board. From the government sector, FCC Chairman Michael Powell makes this year's list at No. 26 for his regulatory leadership, shown in 2004 through his aggressive stance on light-handed, federally controlled VoIP regulation.

The 10 companies highlighted in this year's Power Issue have made aggressive product and financial moves that position them for big power gains. They are, in alphabetic order: Advanced Micro Devices (NYSE:AMD), Avaya (NYSE:AV), BEA Systems (Nasdaq:BEAS), EMC (NYSE:EMC), Google (Nasdaq:GOOG), Huawei Technologies, Juniper Networks (Nasdaq:JNPR), Mercury Interactive (Nasdaq:MERQ), Red Hat (Nasdaq:RHAT) and Trend Micro (Nasdaq:TMIC).

Network World selected Lend Lease, a Sydney-based company that runs Global IT operations from Atlanta, as the winner of its 20th annual User Excellence Award. Lend Lease is a $7B multinational construction management and financial services firm that handles hundreds of large-scale construction projects each year in dozens of countries and relies heavily on hundreds of remote contract workers. Lend Lease earned this year's award for Project HighRISE, which encompassed more than 20 infrastructure and security initiatives that vastly improved productivity and management of the myriad company projects. Project HighRISE was completed within 12 months with a modest dedicated staff of 24 and a $1.8M budget.

A complete list and descriptions of the 50 most powerful people, profiles of the 10 power companies and the complete story behind Lend Lease's award-winning project, along with details on the two User Excellence Award runners-up, EMI Music North America and Northern Trust (Nasdaq:NTRS), are available online at www.nwfusion.com/power/2004

The Power Issue is one of six Signature Series issues published bimonthly by Network World. This award-winning, high-profile series provides a comprehensive exploration of the most important issues facing Network IT Executives today.

About Network World

Network World, Inc., the Leader in Network Knowledge, empowers Network IT Executives through education, information and community. Network World, an IDG company, is the leading provider of news, analysis, reviews, events and education on information technology. Network World publishes the leading newsweekly, Network World, hosts the most active online community, Network World Fusion (http://www.nwfusion.com), and produces educational seminars and events worldwide. Network World's portfolio of strategic marketing programs provides marketing and agency professionals with the tools to generate high-quality leads, optimize marketing campaigns, and create new revenue opportunities.

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 & ExpoR, MacworldConference & ExpoR, DEMOR, 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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