FOR IMMEDIATE RELEASE
DECEMBER 13, 2000
CONTACT: KATHLEEN ERVIN
ervin@failuremag.com

MAGAZINE ANNOUNCES FIRST ANNUAL "FAILURE OF THE YEAR™"

Scarsdale, NY — Why wait for Time magazine's "Person of the Year," when you have Failure? Failure magazine—www.failuremag.com—the new Web publication covering all things failure today announced its first annual "Failure of the Year™" with an article by history writer Jack Stesney.

"While there were many strong candidates," said Jason Zasky, Failure magazine's editor and CEO, "our choice for ‘Failure of the Year’ is the disappointing breakdown of the Israeli-Palestinian peace process. Certainly, the U.S. presidential election, the Firestone crisis, and the non-impact of Y2K are all stories of importance. But the events that are transpiring in the Middle East could very well precipitate another Arab-Israeli war, dramatically affecting the lives of people all over the world."

Here is what the media and critics are saying about Failure: The Boston Globe described Failure as "exquisitely against the grain." "Forget Forbes and Fortune," said the San Francisco Chronicle, "this is the best place (and perhaps only) place on the Net to keep abreast…." AtNewYork.com said, "Smart and savvy describes the content, filled with lots of historical tidbits that should keep the competitive-minded winners of the world salivating for more."

Covering stories large and small, historical and current, Failure and its nationally recognized writers explore the world of arts & entertainment, business, science & technology, history, and sports with a bold perspective that is insightful, informative and entertaining.

Failure Magazine LLC is a privately owned and operated media company featuring Failure magazine™ and FailureWear™, the new clothing and merchandise line.