``Step Into Liquid'' An International Triumph.

Entertainment Editors/Business Editors/High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--Feb. 11, 2004

New Visual Corporation (OTCBB:NVEI) a 50 percent owner of Top Secret Productions LLC ("TSP"), announces that "Step Into Liquid" has generated revenues and rave reviews in its first two months of international theatrical release. New Visual reiterates its guidance that the film will generate gross revenues of at least $20 million, and that New Visual will receive distributions from Top Secret Productions of at least $3.8 million in 2004.

Making its Australia and New Zealand debut, Liquid has generated approximately US$400,000 in three weeks of release. Called, "the summer's most purely joyful film" by The Sydney Morning Herald, Liquid has already exceeded box-office expectations.

On the other side of the world, Liquid is set to open in Brazil in mid-March. Like all other foreign distribution deals that TSP has signed, this contract calls for and advance license fee payment up front, plus a substantial share of theatrical box office proceeds.

Back in Asia, Liquid debuts in Japan in early August. The outlook is bright, as it will play in major theaters across the country. Top Secret Productions is also in late-stage negotiations for distribution rights in other international markets.

Part of that effort is an upcoming screening and representation at the American Film Market, February 24th through March 3rd in Santa Monica, Calif. With over 7,000 film executives expected to be in attendance, the AFM assembles the largest gathering of the industry's most influential leaders. Acquisition executives from around the globe will convene to buy foreign distribution rights for independent and special market films "Step Into Liquid" will screen Thursday, February 26 at 11:00 a.m. at the Laemmle Santa Monica #4 Theater, an event that is open to the public.

"The global momentum around 'Step Into Liquid' continues to grow," stated Ray Willenberg, Jr., chairman of New Visual Corporation and president of NV Entertainment. "Profits from 'Step Into Liquid' will pave the way for the technology side of our business by providing funds for research and development."

About Step Into Liquid

By using up-to-the-minute technology, sharp editing and awards-caliber cinematography to present extraordinary subjects in mind-boggling locations, "Step Into Liquid" embraces and celebrates the global surfing culture while managing to also deliver moments of real intimacy. The film takes viewers from the truly terrifying monstrous waves of Oahu's North Shore to the Texas waters of the Gulf of Mexico (where waves are created by massive oil supertankers) to the shores of Ireland and Rapa Nui. Along the way, viewers discover unforgettable human stories, from a man who's surfed every single day for the last 27 years to a young, inspirational surfer just getting back in the water in spite of a surfing accident that's left him paralyzed from the neck down. A true audience-pleaser, "Step Into Liquid" is at once profoundly moving and profoundly entertaining.

For more information about the film and the North American DVD release: www.stepintoliquid.com.

About New Visual Corporation

Based in San Diego, New Visual is a late-development-stage fabless communications semiconductor company. It is developing an advanced technology that allows data to be transmitted at greater speed and across extended distances over existing copper wire. For more information, visit www.newvisual.com.

With the exception of historical information contained in this press release, this press release includes forward-looking statements made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings.