First Virtual Communications Announces Results of June 13, 2003 Annual Shareholder Meeting.

Business Editors/High-Tech Writers

REDWOOD CITY, Calif.--(BUSINESS WIRE)--June 24, 2003

First Virtual Communications (Nasdaq: FVCX), a premier provider of rich media web conferencing and collaboration solutions, today announced the results of the shareholders' votes as reported at the Company's annual shareholder meeting, held at the Company's offices on Friday, June 13, 2003.

The Company requested its shareholders to vote on five specific matters. The results of the voting by shareholders were authenticated by a representative of the Company's transfer agent, acting as the meeting's inspector of elections. The proposal to elect Jonathan Morgan and Edward Harris, as directors of the Company to serve until the 2006 annual meeting, was carried. The amendments to the Company's Amended and Restated Certificate of Incorporation to authorize the Company's Board of Directors to affect a reverse stock split were approved. The amendment to the Company's 1997 Employee Stock Purchase Plan was approved. The potential issuance of additional shares of Common Stock by the Company upon conversion of outstanding shares of its Series A Preferred Stock and upon exercise of an outstanding warrant issued to Vulcan, Inc. was approved. The appointment of PricewaterhouseCoopers LLP as the Company's independent auditors for the fiscal year ending December 31, 2003 was ratified.

A full tally of the votes will be published in the Company's quarterly report on Form 10-Q, which will be filed with the Securities and Exchange Commission on or about August 14, 2003. The results can be obtained before that date from Truman Cole, Chief Financial Officer of the Company, or Julia Schloss, the Company's General Counsel.

About First Virtual Communications

Headquartered in Redwood City, California, First Virtual Communications is a premier provider of next generation web conferencing and collaboration solutions. It delivers award-winning integrated communications solutions that address the needs of business people who need to work together remotely to collaborate, train, demonstrate or sell. The Company has defined the next generation of web conferencing by adding optional video with easier enterprise deployment and a potentially greater return on investment. The Company's Click to Meet(TM) products provide business quality communication by supporting a wide range of industry standards and work in existing customer environments. The Company's solutions integrate seamlessly with existing tools and methodologies, such as email and web browsing, while extending the advantages of instant messaging and collaboration environments, such as MSN Messenger and Microsoft Exchange. The Company's innovative solutions are deployed in over 1,400 customer sites worldwide, including Fortune 500 companies, government agencies and service providers with installations of up to 8,000 seats. Additional information about First Virtual Communications can be found on the Web at http://www.fvc.com.

Cautionary Statement

Except for the historical information contained herein, this news release contains forward-looking statements, including, without limitation, statements containing the words, "believes,'' "anticipates,'' "expects'' and words of similar import. Such forward-looking statements have known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of First Virtual Communications, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others: the success of and timely release of Click to Meet(TM) products, the continued increase in sales of the Company's Click to Meet(TM) and Conference Server products, First Virtual Communications' variability of operating results, market acceptance of web conferencing technology, potential inability to maintain business relationships with integrators, distributors and suppliers, rapid technological changes, competition and consolidation in the web conferencing industry, the importance of attracting and retaining personnel, and other risk factors referenced in First Virtual Communications' public filings with the Securities and Exchange Commission, including the Company's report on Form 10-Q for the three months ended March 31, 2003.

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