The American Linear Collider Working Group is forming a new physics working group on Precision Measurements and Radiative Corrections. To kick off the activities of the new group, BNL is organizing a two day LoopFest, May 9 - 10, 2002. More information on the program etc. can be found at the following URL: http://quark.phy.bnl.gov/loopfest Ulrich Baur Sally Dawson Doreen Wackeroth