Digital Lava Named a "Rising Star" in in Deloitte & Touche's "Fast 50" Program; Listed Among Los Angeles' Fastest Growing Technology Companies.

Business Editors

MARINA DEL REY, Calif.--(BUSINESS WIRE)--Oct. 24, 2000

Digital Lava Inc. (Nasdaq:DGLV), has been named a "Rising Star" in Deloitte & Touche's prestigious "Los Angeles Technology Fast 50" program, a ranking of the 50 fastest growing technology companies in Los Angeles, Riverside, Santa Barbara, San Bernardino, and Ventura counties.

Fast 50 rankings are based on the percentage of growth in revenues from 1995-1999.

Digital Lava's 163 percent increase in revenue over the three-year period of 1997 to 1999 resulted in the company being named a "Rising Star."

Only four companies in the region were honored in the special "Rising Star" category, which seeks to recognize selected technology companies that have achieved outstanding growth, and have been in business for a minimum of three years but less than five, and met all of the other Fast 50 eligibility requirements.

"We are very pleased to be recognized among top industry leaders in Los Angeles' technology sectors as a company that is poised for continued growth," stated Bob Greene, Digital Lava's Chairman and CEO. "We are continuing this trend by developing innovative products, such as FireStream Encoding Station(TM) and HotFoot(TM) for PowerPoint(R), while at the same time continuing to build our blue chip client base for our Digital Publishing Services division."

"Today, there are more than 22,000 high technology companies in the United States, many of whom are competing for the same markets here in the states and worldwide," said Gary Dickey, partner, Los Angeles High Technology Group for Deloitte & Touche. "The Fast 50 winners for Los Angeles have proven that they can compete successfully by consistently delivering technological wonders. We at Deloitte & Touche commend Digital Lava for having the vision and determination to become one of the fastest-growing technology companies in Southern California."

To qualify for the Los Angeles Technology Fast 50, companies must be in business for a minimum of 5 years; must not be a subsidiary or division; must have 1995 revenues of at least $50,000 and 1999 revenues of $1,000,000 or more; must be considered a technology company which is defined as producing technology, manufacturing a technology related product, being technologically intensive or using unique technology in problem-solving, or devoting a high percentage of effort to research and development of technology; and must be headquartered in Los Angeles, Riverside, Santa Barbara, San Bernardino, and Ventura counties. Winners of the Rising Star Awards were companies that met all Fast 50 requirements but have been in business for less than five years and a minimum of three.

About Digital Lava

Digital Lava is a communications Application Services Provider (ASP) that provides digital publishing services and the enabling software technology to Fortune 1000 companies to create on-demand interactive communications and presentations.

Digital Lava's rich media software applications seamlessly link digital video and audio content with a variety of other formats such as text, graphics, animation and Web links. The company's robust in-house service offering provides a turnkey solution that delivers rich media quickly and efficiently.

End-users are provided with a fully integrated and interactive experience delivered to the desktop via the Internet, intranet, extranet, DVD, CD-ROM or any combination. Digital Lava's partners and clients include Microsoft, Akamai (Intervu), RealNetworks, Cisco Systems, Dell Computers, Siebel, KPMG, Prudential Insurance, Network Associates, Alcatel, CompuCom, Whirpool and medschool.com.

Digital Lava is headquartered in Marina del Rey, California. For additional information, visit Digital Lava's Web site at http://www.digitallava.com or call 888/222-LAVA.

This press release contains forward-looking statements concerning the business and products of Digital Lava, Inc. Actual results may differ from those projected or implied by such forward-looking statements depending on a number of risks and uncertainties including, but not limited to the following: development, shipment and market acceptance of Digital Lava's products. Other risks inherent in the business of Digital Lava are described in Securities and Exchange Commission filings, including Digital Lava's registration statement on Form S-3. Digital Lava undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.