KPMG to Present $1 Million Donation to NetAid; Firm That Built Web Site Expected to Make 'Virtual Donation' Onstage

8.10.1999, 17:38

New York (PROTEXT) - KPMG LLP, the professional services firm that developed and deployed the mega Web site for NetAid, said that it will donate $1 million to the NetAid Foundation tomorrow (October 9), to aid in the global campaign against extreme poverty. "This donation is but one demonstration that KPMG, its partners and employees worldwide are truly committed to the NetAid cause," said Stephen G. Butler, Chairman. Plans are underway for Butler to present the $1 million check to producer Quincy Jones -- through a large screen "virtual donation" to the NetAid Web site -- on stage during Saturday night's concert at Giants Stadium. "For the first time, millions will be made aware of a global social issue through the power of the Internet -- and the mega Web site that KPMG built in an unprecedented 90 days. We hope that tens of millions of social conscience will be moved to give in many different ways by becoming better informed through the NetAid site, helping make NetAid the success it deserves to be," Butler said. "KPMG is pleased to participate in this landmark project, which will forever change the way the global community battles important social issues," Butler said. "As a worldwide leader in Internet integration, we are gratified that we were called upon to develop and deploy this window on the world of extreme poverty -- for all to view, learn and change." KPMG was invited by Cisco Systems and the United Nations Development Programme to participate in the NetAid initiative. KPMG achieved the complex task of developing a Web site capable of handling 60 million hits per hour, or 16,000 hits per second, in an unprecedented 90 days, months less than the time typically needed to build comparable sites. Other mega Web sites built previously, such as the site for the last Olympic games, have handled only hundreds of hits each second. KPMG deployed a team of 50 e-Engineers -- with combined electronic commerce experience of over 300 person years -- for the development of the NetAid mega Web site and e-commerce solutions. Using experience gained in transforming numerous industries through technological innovations -- from the newspaper and advertising industry, to the electric utility industry and the fashion industry -- KPMG donated that experience to the not-for- profit world. KPMG LLP is the U.S. member firm of KPMG International. In the U.S., KPMG partners and professionals provide a wide range of accounting, tax and consulting services. As a provider of information-based services, KPMG delivers understandable business advice -- helping clients analyze their businesses with true clarity, raise their level of performance, achieve growth and enhance shareholder value. KPMG International's member firms have more than 100,000 professionals, including 6,800 partners, in 160 countries. KPMG's Web site is http://www.us.kpmg.com. ots Original Text Service: KPMG LLP Internet: http://www.newsaktuell.de Contact: George Ledwith Tel.: (USA) 201-505-3543, or John Fidler Tel.: (USA) 201-505-8849, both of KPMG LLP Web site: http://www.us.kpmg.com Subscribers please note that material bearing the slug "PROTEXT" is not part of CTK's news service and is not to be published under the "CTK" slug. Protext is a commercial service providing distribution of press releases from clients, who are identified in the text of Protext reports and who bear full responsibility for their contents. PROTEXT

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