Cable Pioneer Invests in Internet/Television Company Resort Sports Network.

PORTLAND, Maine--(BUSINESS WIRE)--July 21, 1999--

Resort Sports Network, Inc. (RSN), creator of the resort based cable television network and web site (www.rsn.com), a leading provider of information to and about the mountain sports lifestyle, today announced a $5 million strategic partnership with Pilot House Associates LLC, cable pioneer Amos Hostetter's family investment office. Hostetter founded Continental Cablevision, the Boston-based cable firm which merged with US West (Media One) in 1996.

Resort Sports Network, the 13-year-old national niche cable network and Internet company, includes 35 local mountain and shore resort TV stations reaching 56 resort communities and 100 Resort Cams throughout the U.S., Canada, Australia and Chile. RSN.COM is the premier recreational sports travel/information Internet site and the exclusive winter sports content provider to Excite and Snap. This past winter Media Metrix ranked RSN.COM as the Internet's 12th most visited sports web site.

"We are very excited about what RSN has accomplished," said Hostetter "We believe that the company is very well positioned to benefit from the broadband driven convergence between television and Internet."

As a strategic partner, Pilot House's Rob Stengel, former head of programming for Continental Cablevision, will sit on the RSN board of directors.

"Amos and his Pilot House team are incredible mentors that know firsthand the challenges and opportunities involved in building distribution, pushing technology, and creating content that attracts a growing audience," said Rory Strunk, Resort Sports Network president. "RSN is the only media company in the outdoor lifestyle sports niche with real-time live content on a TV platform.

This investment allows RSN to aggressively position itself to fully exploit the convergence of web and TV and the rapid growth of broadband distribution."

RSN will use the funding to enhance the quality of RSN's TV/web content, expand its e-commerce efforts, upgrade digital technology at RSN TV stations, open sales offices in NYC and San Francisco, ramp up the marketing of the RSN brand and strengthen the RSN team.

The network currently produces a variety of original programming and this investment will allow the company to expand its offerings. National advertisers include ESQ Watches, Claritin, Kodak, Chevy Trucks, AT&T, Toyota, Halls, Jeep, Visa, L.L. Bean, DuPont, Heublein/Jose Cuervo, Becks, Lincoln-Mercury, Lexus, Saab and Subaru.

Portland, Maine-based Resort Sports Network, is a leading provider of information to and about the mountain sports lifestyle. Resort Sports Network's cable television network provides entertainment and information programming to more than 56 resort areas and communities nationwide. Resort Sports Network's web site, www.rsn.com, is the premier recreational sports travel/information Internet site and the exclusive winter sports content provider to Excite and Snap. The RSN Resort Cam(R) network provides images directly from resorts, giving skiers an up-to-date visual look at ski conditions, current and forecasted weather, events updates and a direct interface to central resort reservations for the latest travel offerings to the top mountain sport destination resorts.