Convergence and impact of emerging technology drastically changing the industry NEW YORK, May 3 /PRNewswire-FirstCall/ -- CIBC World Markets hosts its Media, Internet and Telecom conference May 9-10, 2006 in Boston. Convergence between media, communications and the computing industries is accelerating and leading Internet brands are becoming the new content aggregators. The interplay among Internet players and incumbent content creators and distributors is reshaping the industry. And emerging technology is disrupting the traditional relationship between access providers (wireline, cable, satellite and wireless), content creators (broadcast & cable networks, music companies and studios) and consumers. CIBC World Markets is bringing company executives from more than 40 public and private entertainment, Internet, cable, satellite, telecommunications and broadcasting companies together to share their visions of the future with an audience of institutional investors. Highlights include: - Keynote presentations from AT&T, XM Satellite Radio, Cingular Wireless & Sprint Nextel - Panel discussions with Google, Marchex, YellowPages.com, InterActive and Monster.com - Opportunity to speak with leading CIBC World Markets analysts on trends and opportunities in the marketplace More information on the conference including an agenda and a full list of speakers is available at http://conferences.cibcwm.com/mit06/. Important Note about Media attendance: This event is by invitation only. Media wishing to attend are required to register in advance by calling (416) 980-4047. This event will also be available via audio cast at the above link on the day of the conference. The source code to access the audio cast is: mit2006. CIBC World Markets is the wholesale banking arm of CIBC, providing a range of integrated credit and capital markets products, investment banking, and merchant banking to clients in key financial markets in North America and around the world. We deliver innovative full capital solutions to growth- oriented companies and are active in all capital markets. We offer advisory expertise across a wide range of industries and provide top-ranked research for our corporate, government and institutional investor clients. DATASOURCE: CIBC World Markets CONTACT: Susan McDougall, Communications and Public Affairs, CIBC, at (416) 980-4047, or

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