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 firmthat developed and deployed the mega Web site for NetAid, saidthat it will donate $1 million to the NetAid Foundation tomorrow(October 9), to aid in the global campaign against extremepoverty. "This donation is but one demonstration that KPMG, itspartners and employees worldwide are truly committed to theNetAid cause," said Stephen G. Butler, Chairman. Plans areunderway for Butler to present the $1 million check to producerQuincy Jones -- through a large screen "virtual donation" to theNetAid Web site -- on stage during Saturday night's concert atGiants Stadium. "For the first time, millions will be made aware of a globalsocial issue through the power of the Internet -- and the megaWeb site that KPMG built in an unprecedented 90 days. We hopethat tens of millions of social conscience will be moved to givein many different ways by becoming better informed through theNetAid 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 battlesimportant social issues," Butler said. "As a worldwide leader inInternet integration, we are gratified that we were called uponto 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 NationsDevelopment Programme to participate in the NetAid initiative. KPMG achieved the complex task of developing a Web sitecapable of handling 60 million hits per hour, or 16,000 hits persecond, in an unprecedented 90 days, months less than the timetypically needed to build comparable sites. Other mega Web sitesbuilt 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 combinedelectronic commerce experience of over 300 person years -- forthe development of the NetAid mega Web site and e-commercesolutions. Using experience gained in transforming numerous industriesthrough technological innovations -- from the newspaper andadvertising industry, to the electric utility industry and thefashion industry -- KPMG donated that experience to the not-for-profit world. KPMG LLP is the U.S. member firm of KPMG International. In theU.S., KPMG partners and professionals provide a wide range ofaccounting, tax and consulting services. As a provider ofinformation-based services, KPMG delivers understandable businessadvice -- helping clients analyze their businesses with trueclarity, raise their level of performance, achieve growth andenhance shareholder value. KPMG International's member firms havemore than 100,000 professionals, including 6,800 partners, in 160countries. KPMG's Web site is http://www.us.kpmg.com. otsOriginal 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 ofKPMG LLP Web site: http://www.us.kpmg.com

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