(STAW) Streamedia Inks Major Content Promotion Deal; Programming From the Streamedia's Networks to be Featured At Yack.com, Yacks's Syndication Outlets, and Leading Broadband Media Portals.

Business Editors/Hi-Tech Writers

NEW YORK--(BUSINESS WIRE)--April 20, 2000

Streamedia Communications, Inc., www.streamedia.net and www.streambroadcast.com (NASDAQ: SMIL - news, SMILW - news; BOS: STA, STAW), announced today that the programs and events carried on the Streamedia Networks will be promoted by Yack.com(SM), the Internet Programming Guide(SM).

Named the "Best Guide to Live Events" and one of the "100 Best Sites for 2000" by Yahoo! Internet Life, Yack.com will showcase Streamedia programming within listings that cover a wide range of notable online broadcasters. Yack.com has an extensive industry footprint, and a solid track record of promoting and popularizing streaming media content on behalf of its partners.

Streamedia has joined Yack.com's Event Producer Network (EPN), a first-of-its-kind program that allows online event producers such as Streamedia to connect their original Web programming and events to the rapidly growing audience of Web consumers who turn to the Internet for news and entertainment. EPN members' content and events have instant exposure to the vast audience of Internet users who turn to Yack.com for up-to-the-minute information for online programming. Yack.com's EPN will support Streamedia's' content through a strong marketing, promotional and technology platform that will help ensure maximum audience exposure.

"An essential part of our marketing and distribution strategy for the original programming we produce for the Streamedia Networks, as well as for the shows we will distribute, is to pinpoint destinations that will provide us with superior levels of what we call 'ROL'--or Return on Listing.. ROL is a quantifiable measure of both how effective we can be in drawing traffic to our sites, and how efficient we can be with our marketing expenditures," notes James D. Rupp, CEO of Streamedia. "The Yack EPN meets our criteria and will play a significant role in our unfolding distribution and broadband strategies. We believe this is a tremendous opportunity to introduce new viewers to our Networks, and a cost-effective way to drive traffic to our sites."

Streamedia will activate its Yack.com listings later this quarter, shortly after the planned "gold" launch of the Streamedia Networks, which will incorporate a complete interface redesign as well as significant technological upgrades and new features designed to enhance the viewer experience at Streamedia's sites.

The Streamedia Networks' programming will be further popularized by Yack.com's numerous online partners, who carry Yack.com listings.

BijouCafe.com, which was recently acquired by Streamedia, was a charter member of the Yack.com Event Producer Network. Streamedia is now expanding that relationship to include all of Streamedia's original programming, as well as that which it distributes.

"Among the reasons we were interested in merging the Bijou Cafe into our growing family of sites was its presence in an important, emerging Internet community and market," reports Mark Smith, Streamedia Vice President, Networks. "We believe we can leverage the independent and classic films and original productions at the Cafe to help attract an audience to our other Networks. Naturally, the reverse is true as well--and both situations will be fostered by our relationship with Yack. We are proud of the content we are developing, and want to find it a wide audience."

Bijou Cafe programming will also be highlighted in The Yack Film Guide, the Internet's most comprehensive directory of Web movies. The Yack Film Guide will premier in April.

About Yack.com:

With offices in both New York and the San Francisco Bay area, Yack.com is the authority on what's happening in the ever-expanding world of online events, including streaming media and chats. The site offers an unparalleled, up-to-the-minute and easily searchable database of listings, original editorial reviews and content, as well as a unique, personalized daily e-mail reminder service. Yack.com guides users to more than 15,000 Web events and programs produced each week. The Yack Guide is also co-branded and syndicated online through top ISPs, Web sites and cable modem partners; and in print through newspapers and magazines. Partners include Microsoft, AT&T WorldNet, AltaVista, iWon.com, LookSmart, PlanetDirect, Time Warner's RoadRunner, Ultimate TV, BellSouth, TVGuide.com, InfoSpace, Comcast, WorldGate, World Online and United Features Syndicate.

About Streamedia Communications:

Streamedia Communications, Inc. (www.streamedia.net) is a digital media and broadband entertainment company broadcasting via the Internet. Its showcase product, The Streamedia Networks(TM), integrate entertaining, interactive, streaming audio and video with dynamic, personalized news and information feeds delivered via its own StreamWire(TM). Streamedia's professional broadcast producers create original, compelling programming for all audiences.

Streamedia has launched the first of its planned networks and their associated channels on the Web including the Streamedia Sports Style Network, Crime Broadcast, Women on the Edge, Streamedia Entertainment, and the Streamedia Motion Art Network. The soft launch for these channels may be viewed at http://www.streambroadcast.com. Key enhancements to the technology and viewer experience, as well as a broader range of content, will be added during the second quarter.

The Bijou Cafe, at www.bijoucafe.com, has been recently acquired by Streamedia. Bijou Cafe is a leading independent film and digital entertainment destination site, and was recently hailed by USA Today as a "fun cyber-art-house with wide-ranging eclectic fare, from vintage serials and cult oldies to cutting-edge shorts and animation." The Bijou Cafe.com web site will soon be tightly integrated into the expanding Streamedia Networks, and receive the full benefit of the Networks' substantial technical and aesthetic upgrade during the second quarter. With this acquisition, Streamedia has advanced its presence in the critical online film distribution industry.

The Streamedia Digital Solutions(TM) umbrella, a set of business-to-business solutions, includes rich media production services, technical services, web development and integration, encoding, hosting and streaming. A first step for most clients is a media asset analysis, which Streamedia's technical and content experts conduct to determine how a corporation, organization or Web site can best deploy its resources and outsourcing options.

Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.

Factors that could cause or contribute to such differences include continued acceptance of the Company's products in the marketplace, the timing of significant orders, delays in the Company's ability to develop or ship new products, market acceptance of new products, competitive factors, general economic conditions, currency fluctuations, and other risks detailed in the Company's registration statements and periodic reports filed with the Securities and Exchange Commission.

By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.