Imaginon Subsidiary Vizario Listed by Standard & Poor's.

Business Editors

SAN CARLOS, Calif.--(BUSINESS WIRE)--June 14, 2001

Imaginon, Inc. (OTCBB: IMON) today announced that its subsidiary Vizario, Inc. (OTCBB: VZRO) has been accepted for listing by Standard & Poor's Corporation.

As a result of the S&P listing, Vizario common stock is qualified for trading under many states' blue-sky laws.

Vizario, formerly Gallagher Research Corp. (OTCBB: GRDC), is 77 percent owned by Imaginon. Two Imaginon directors, James Newcomb and David Schwartz, serve on the Vizario board, as does Imaginon Secretary-Treasurer David Caney. To date, Vizario has received $474,000 in new funding.

The new listing is in the Standard & Poor's Corporation Records Manual and Market Access Program. Detailed financial and other information about Vizario is available in the Manual and electronically on the Standard & Poor's Advisor Insight website (www.advisorinsight.com) under "Market Access Program" and "OTC Bulletin Board." Additional information about Vizario will also soon be available at the company's website: www.vizario.com.

Designed to put new capabilities into wireless mobile devices, Vizario(TM) will offer both consumers and businesses a completely integrated, end-to-end wireless solution. The Vizario consumer product features a client/server publishing tool allowing content carriers, promoters and content providers to distribute media assets to end users through the Vizario client. It also incorporates a web interface where end users personalize their mobile Vizario further to add additional queries that deliver customized content. This solution offers unsurpassed ease of deployment in both Java and .net-enabled handsets. Vizario is fully scalable from simple text on 1G phones to interactive rich media over 3G wireless networks. As a vertical application suite, Vizario is an end-to-end solution for companies that require distribution of image-intensive data to mobile devices wherever finding, encoding, decoding and displaying images for decision support in the field is considered critical to the mission's success.

ImaginVideo and Vizario are trademarks of Imaginon; the underlying technology is protected under U.S. Patents assigned to Imaginon.

Except for the historical information presented herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995, or by the Securities and Exchange Commission in its rules, regulations, and releases. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks include acceptance of Imaginon software by developers and users, the successful development of competitive software to Imaginon's, competitive pricing pressures for Imaginon software and services, and the availability of financing to complete management's plans and objectives. In addition, other risks are detailed in Imaginon's periodic reports, Imaginon's Form S-3 registration statement declared effective by the Securities and Exchange Commission on February 16, 2001, Form 8-K of Vizario, filed on 5 June, 2001, and Rule 14f-1 Information Statement of Gallagher Research Corporation filed on May 10, 2001. These forward-looking statements speak only as of the date hereof. Vizario and Imaginon disclaim any intent or obligation to update these forward-looking statements.