FasTV Newsroom Chosen by WNBC to Power Their Web Site With Searchable Streaming Media; Partnership to Bring Personalized Video On Demand to New York's News Leader.

Business Editors

NAB2000

LAS VEGAS--(BUSINESS WIRE)--April 11, 2000

FasTV, Inc., the revolutionary Internet company that provides personalized video on demand, today announced that WNBC, the NBC owned and operated station in New York, has selected FasTV Newsroom(TM) as the searchable streaming media solution for their Web site.

Visitors to www.newschannel4.com will soon be able to watch WNBC's broadcasts in a searchable online format that makes it easy to find the news they want, when they want it. FasTV Newsroom enables television stations to easily add searchable streaming video technology to their Web sites via a proprietary set of tools developed by FasTV.

FasTV Newsroom automatically captures, digitizes and streams newscasts and local programming to Web sites, where viewers can access them easily through a fully searchable archive. FasTV Newsroom includes a complete set of Internet-based tools that allow local stations to update their video content anytime and anywhere. The integrated publishing system includes rights management tools to protect content, editorial tools to enhance presentation and searching, and advanced linking tools. FasTV Newsroom also provides automated capture and indexing of newscasts, unlimited technology and software upgrades, free training for stations, and free extended archiving of newscasts and program content.

"After considering our options, we felt that FasTV Newsroom was the best way to provide even more news and information to our viewers through a video archive on our Web site," said Lew Leone, Vice President of Sales for WNBC. "We're extremely pleased that our viewers will now have the added bonus of a streaming media format when they log on to our Web site, newschannel4.com."

"FasTV Newsroom gives WNBC a fast and easy way to leverage broadcast assets, increase viewer loyalty, and differentiate themselves in the marketplace by taking a leadership role on the Web," said Tim Winter, President and Chief Operating Officer at FasTV, Inc. "The agreement with WNBC strengthens FasTV Newsroom's position as the first choice of television stations across the country looking to utilize searchable streaming video technology to enhance their Web viewers' experience, while generating immediate incremental revenue."

About WNBC

WNBC is the flagship television station of the NBC network. It is the No. 1 station for news in the New York television market and has led all of the nation's owned and operated television stations - across all networks - in revenue for the past four years. WNBC provides viewers in the New York, New Jersey and Connecticut area with more than 26 hours of news programming each week, as well as a variety of special programming throughout the year including broadcasts of the world-famous New York City Marathon and the Puerto Rican, Columbus Day and St. Patrick's Day parades. In addition, WNBC is home to the local and national broadcasts of the annual Rockefeller Center Christmas Tree Lighting. Dennis Swanson is the president and General Manager of WNBC.

About FasTV

FasTV, Inc. is an Internet solutions provider that is leading the revolution in personalized video on demand. FasTV's proprietary streaming media technology allows viewers to quickly pinpoint topics of interest and view related video segments. FasTV.com is the primary hub where viewers can get a comprehensive FasTV viewing experience, with searchable video in news, sports, business, entertainment and lifestyle. FasTV.com has signed agreements with more than 100 respected content partners, including The Associated Press, CNN, CNNfn, Reuters, Tribune, Cox Broadcasting, Meredith Broadcasting, Scripps Howard, International Management Group (IMG), Wimbledon, British Open, The Masters and PGA of America. The Company's turnkey solution for TV stations, FasTV Newsroom(TM), is a suite of tools and services that transforms their newscasts into "Webcasts," creating a personalized video viewing experience for their Internet viewers. For content partners and distributors, FasTV, Inc. leverages proprietary technology and expertise to provide flexible video applications, including co-branded sites, pop-up video players, and "powered by FasTV" executions. Privately held, FasTV, Inc. is headquartered in Los Angeles. The company has pioneered the growth of Internet broadcasting and searchable video since 1996.