``Step into Liquid'' Continues Box Office Stoke; New Visual Confirms Projection of $40 Million Worldwide Gross Sales.

Entertainment Editors/Business Editors

SAN DIEGO--(BUSINESS WIRE)--Sept. 29, 2003

NV Entertainment, a wholly owned subsidiary of New Visual Corporation (OTCBB:NVEI) and Top Secret Productions, LLC jointly announced today that the feature film, "Step Into Liquid" has eclipsed the $3 million dollar mark at the US box office.

"We are thrilled that audiences have embraced this film," remarked Brad Ketch, president and chief executive officer of New Visual. "The film is ahead of our revenue projections, and I am confirming our view that it will gross $40 million from all sources in all markets over the next twelve to fourteen months."

Now in theaters for the eighth week, "Step Into Liquid" has crossed another million dollar milestone. This triggers an additional theatrical bonus to New Visual and Top Secret Productions under the terms of the distribution agreement with Artisan. "This benchmark is important to us not only for the financial rewards we receive on US Box Office sales," notes C. Rich Wilson, Vice President of New Visual, "but also helps to raise the bar for home video presales and advances offered by foreign distributors as Step Into Liquid goes worldwide."

The Company asserts that the US Box Office tends to set values in other media markets and foreign territories based on key measurements like the box office gross, per theater averages, and hold over theaters. So far, "Step Into Liquid" has delivered on these indicators including the summer's #1 per theater average (IndieWire), the year's #3 opening weekend theater average (Variety), and the #1 weekly hold-over (Variety).

"Step Into Liquid" has now been viewed by greater than 500,000 US theater-goers. With over 4 million hits to the website and more than 2,000 congratulatory e-mail messages received by the Company to date, "Step Into Liquid" has been embraced by enthusiastic audiences. For more information on play dates and theater locations, please check the film's website at www.stepintoliquid.com.

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 and release dates and venues: www.steptintoliquid.com, or www.artisanent.com.

About New Visual Corporation

New Visual Corporation is pioneering the development of a proprietary broadband transmission technology with the mission to utilize existing copper telecommunications infrastructure to deliver video, voice and data at unprecedented transfer rates. Through its NV Technology, Inc. subsidiary, New Visual is developing technology that will allow the bundling of voice, video and data over existing copper telephone wires, potentially eliminating the need for fiber optic cable to the home or office. For more information on the Company, please 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.