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ON FORTT TO JOIN CNBC AS TECHNOLOGY CORRESPONDENT

ENGLEWOOD CLIFFS, N.J., July 8, 2010 - CNBC, First in Business Worldwide, today announced that Jon Fortt will join the network as technology correspondent covering the companies, startups and trends that are driving innovation in the industry, effective July 19th, based in CNBC's Silicon Valley Bureau. He will appear on CNBC’s Business Day programming and on CNBC.com.

"Technology is the critical engine of the global economy, and Jon knows its various parts better than just about any journalist," said Nikhil Deogun, Managing Editor, CNBC Business Day programming. "His insight and analysis will immediately add value to CNBC's viewers and users."

"I'm excited to join the top-notch team of journalists at CNBC. The technology landscape shifts constantly, and no organization is better positioned to break news and explain why it matters," said Fortt.

Fortt came to CNBC from Fortune magazine, where as a senior writer he covered both large technology companies such as Cisco, Hewlett-Packard and Microsoft, and trends including cloud computing and the smartphone revolution. He appeared regularly on KNTV's Press: Here technology show and analyzed tech trends on CNNi's Quest Means Business. Along with a Fortune colleague, he conceptualized Techmate, a video series and column that appeared on Fortune.com and in the magazine's technology section.

Before joining Fortune in 2007, Fortt was a senior editor at Business 2.0 magazine where he produced the What Works section.

From 1999 to 2006, Fortt wrote and edited at the San Jose Mercury News, Silicon Valley's hometown newspaper. There he contributed to several efforts that won awards from the Society of American Business Editors and Writers. As a personal technology writer, his coverage duties included Apple, Palm and Adobe. He also served in roles outside the business department, covering education, editing local news, and developing technology strategy. As the newspaper's senior web editor he helped develop a blog and podcast network, managed the creation of multimedia projects, and served on the board of the Associated Press Managing Editors.

Fortt graduated from DePauw University as a Media Fellow, with a B.A. in English. He and his wife live in San Jose, California.