ADVISORY/Leading Merrill Lynch, Morgan Stanley Analysts Join Investrend Panel For 1st Streaming Media Sector Analyst Forum Tuesday Morning at Hilton.

Business Editors

Streaming Media Sector Analyst Forum

ADVISORY...for Monday, June 12 at 6 pm.

NEW YORK--(BUSINESS WIRE)--June 12, 2000

Forum is Moved to Penthouse West Suite to Accommodate Attendance;

Streaming Media Alliance Organizational Session Scheduled

Today At 6 P.M.

Two leading analysts from Morgan Stanley Dean Witter and Merrill Lynch will discuss "Special Opportunities for Investment in Streaming Media" at Investrend Forum's 1st Annual Streaming Media Sector Analyst Forum Tuesday morning, June 13 at the New York Hilton, featuring a keynote by streaming media expert Seamus McAteer, Director, Web Technologies, Jupiter Communications (NASDAQ: JPTR - news), http://www.jup.com, leading sector professionals, and presentations by On2.com, Inc. (AMEX: ONT - news), Loudeye Technologies (NASDAQ: LOUD - news), OptiBase Ltd. (NASDAQ: OBAS - news), Streamedia Communications, Inc. (NASDAQ: SMIL - news), Visual Data Corp. (NASDAQ: VDAT - news) and Network Appliance, Inc. (NASDAQ: NTAP - news) - all joined for one-on-one breakouts by special Alliance and Forum sponsors Medialink (NASDAQ: MDLK - news), Viewcast (NASDAQ: VSCT - news), and Medium4.com (AMEX: MDM - news) and conference videocaster NetVideoNetworks, a subsidiary of 5th Avenue Channel (NASDAQ: FAVE - news).

The panelists, Sofia Ghachem, Analyst, Merrill Lynch http://www.ml.com/, and Myles Davis, Entertainment Analyst, Morgan Stanley Dean Witter http://www.msdw.com/., join professional Streaming Sector specialists such as David J. Cummings, Managing Partner, Agile Equity, LLC (http://www.agileequity.com), David Andelman, former Bloomberg, New York Times and CNBC correspondent, and now Editor-in-Chief, Small Cap Center (http://www.smallcapcenter.com), Dr. Ray Ivatt, VP, Technology, Watson International (http://www.watson-international.com) and Eric Rhoads, Chairman and CEO of Streamline Media and Publisher, Streaming Magazine (http://www.streamingmagazine.com/) on the program. The session is chaired by D. Terence Jones, Esq., Partner, Wiggin & Dana; Counsel, Streaming Media Alliance Organizing Committee (http://www.wiggin.com/).

The investment forum (http://www.tradeshownews.com), presented by Investrend Analyst Forums (http://www.investrend.com) and the Streaming Media Alliance, Inc. (http://www.streamingmediaalliance.org - under construction), is co-sponsored and will be webcast live by Investor Broadcast Network at http://www.investorbroadcast.com, and also at http://www.investrend.com and many of the websites of participating companies. It will be videocast by http://www.NetVideoNetworks.com/.

Scheduled from 8 a.m. to 1:00 p.m. in the Penthouse West Suite of the New York Hilton (where it has been moved to accommodate a larger attendance, with a 7:45 a.m. continental breakfast sponsored by Viewcast, it will be moderated by Gerald F. LaKarnafeaux, CFA, VP, Investrend Research. Analysts, brokers and investors registering at Streaming Media East may visit the industry's largest trade exhibition immediately following the program.

"Since announcing this Forum, we have seen a greater market recognition of this unique subsector of Internet and Technology', said John Dutton, president of Investrend Research, and the purpose is to provide the presenting companies as well as the entire 70-plus company sector with a higher visibility so that they may be traded on their own longer-term merits rather than subjected to the volatility which accompanies the larger Internet sector."

Attendance is free to investment professionals and investors with business cards, although registration at the mezzanine-level exhibition is $40 on site. Full details may be found at http://www.investrend.com.

Speakers representing the presenting companies are as follows: On2.com (Amex: ONT) (http://www.on2.com/), Douglas A. McIntyre, President and Chief Executive Officer; Visual Data (Nasdaq: VDAT) (http://www.vdat.com/), Randy S. Selman, President and Chairman; Loudeye (Nasdaq: LOUD) (http://www.loudeye.com/), David Bullis, President and Chief Operating Officer; OptiBase (Nasdaq: OBAS) (http://www.optibase.com/), Ran Eisenberg, CEO; Streamedia (Nasdaq: SMIL) (http://www.streamedia.net/), James D. Rupp, President and CEO; and Network Appliance (Nasdaq: NTAP) (http://www.netapp.com/), Kirk O. Knapp, Streaming Media Business Development Manager.

About the Streaming Media Alliance:

The Alliance's 'Committee of 100' streaming industry leaders have scheduled an open organizational session for anyone interested in Internet broadcast in the Penthouse West from 6 p.m. to 7 p.m. today (Monday, June 12). The suite is open from 3:30 p.m. to 9:30 p.m., with afternoon refreshments sponsored by WallStreetResearch.org, and evening limousines for Members to travel to various offsite parties sponsored by Medium4.com (http://www.medium4.com/).

Medialink / Newstream (http://www.medialink.com/ and http://www.newstream.com/) is sponsoring a reception at 5:45 p.m. until 7:45 p.m. during the Organizing Session and the entertainment by the Screamin' Streamin' P'Jammers, an impromptu industry ensemble.

The organizing session will be taped by Xportical, Inc. (http://www.xportical.com/) and shown later in the week at that site.

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