NAP of the Americas Selected By Reality Networks As Its Hub For Global Broadcast Services; NAP of the Americas Penetrates IP/Video Broadcasting Market.

Business Editors/High Tech Writers

MIAMI--(BUSINESS WIRE)--April 30, 2002

Terremark Worldwide, Inc. (AMEX:TWW), the only carrier-neutral operator of a Tier-1 NAP and a provider of Internet infrastructure and managed services, announced that Reality Networks, Inc., a leader in managed broadcast content services, has become a customer of the NAP of the Americas. Reality Networks will deploy its mission-critical equipment in the NAP, taking advantage of the critical mass of carriers that provide an unprecedented amount of bandwidth and of the variety of value-added managed services offered by Terremark. This new customer contract has a minimum aggregate value of $9 million over its five-year life and makes the NAP of the Americas Reality Network's exclusive U.S. location.

Reality Networks has developed both video data mining and historical time framing proprietary technologies, as well as a film and video content delivery system to create the world's only total turnkey solution that allows both cost effective and intuitive search and retrieval of rich media content in digitized libraries. Its content management solution for the broadcast industry is especially designed to maximize security, disaster recovery and business continuity, and minimize the risk of downtime and lost revenue.

"We will provide disaster recovery and hundreds of thousands of hours of broadcast quality content on demand to many of the leading companies in the broadcast industry," said Jose Luis Gonzalez, CEO of Reality Networks, Inc. "We found that the NAP of the Americas provides us the level of security, unparalleled network connectivity, redundancy, continuous power scheme, and an impressive suite of managed services offerings that we need, in order to offer our customers the highest quality of support and service."

It is important to note that Reality Networks represents a new customer market for Terremark--the broadcast industry. Reality Networks provides broadcast managed content solutions to companies such as the Cisneros Group of Companies, one of the largest privately held broadcast, media, technology, consumer products and telecommunications organizations in the world with over 70 companies and annual revenues of $4 billion; and WHDT, a high definition television station out of West Palm Beach, Florida.

"The NAP of the Americas provides Reality Networks with a compelling value added proposition it can offer to its customers - our critical mass of carriers is perfectly suited for the high bandwidth needs of broadcast companies," said Manuel D. Medina, Chairman and CEO of Terremark Worldwide, Inc. "Our contract with Reality Networks also confirms that customers other than carriers, ISP's and backbone providers recognize the importance of locating at the NAP of the Americas."

About Terremark Worldwide, Inc./NAP of the Americas

Terremark Worldwide Inc. (AMEX:TWW) is a global leader in facilitating Internet connectivity and providing Internet infrastructure and managed services. Terremark is the owner and operator of the NAP of the Americas, the 5th Tier-1 Network Access Point in the world and the model for TerreNAP(sm) Data Centers the company intends to deploy in emerging markets. The carrier-neutral NAP of the Americas is a state-of-the-art facility providing interconnection between global carriers, ISPs and others, as well as connecting fiber networks in Latin America, Europe, Asia and Africa to those in the U.S. Terremark is headquartered at 2601 S. Bayshore Drive, 9th Floor, Miami, Florida USA, [phone]. More information about Terremark Worldwide can be found at http://www.terremark.com.

About Reality Networks

Reality Networks, Inc. is a leading provider of management content services and disaster recovery. The company offers a comprehensive list of services that address the needs of broadcast and entertainment companies through its media management and distribution offerings. Services encompass gathering raw and finished content from its initial state and processing it through image analysis, propriarity data mining, digitization, categorization, re-purposing and incremental revenue-generating redistribution.

Statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Terremark's actual results may differ materially from those set forth in the forward-looking statements due to a number of risks, uncertainties and other factors, as discussed in Terremark's filings with the SEC. These factors include, without limitation, Terremark's ability to obtain funding for its business plans, uncertainty in the demand for Terremark's services or products and Terremark's ability to manage its growth. Terremark does not assume any obligation to update these forward-looking statements.