San Antonio Express-News Selects bamboo.com to Provide Compelling Rich Visual Content.

Business Editors/High-Tech Writers

PALO ALTO, Calif.--(BUSINESS WIRE)--Dec. 22, 1999

SA HomeSearch Integrates bamboo(TM) Virtual Tours Into Real

Estate Portion of South Texas Entertainment/News/Information Portal

bamboo.com, Inc. (Nasdaq:BAMB), a leading Internet imaging service and content provider, today announced an agreement with SA HomeSearch, a real estate Web site collaboration between the San Antonio Board of Realtors and the San Antonio Express-News.

Under the agreement, bamboo.com will be the exclusive provider of 360-degree virtual tours for real estate listings on SA HomeSearch.com, which also makes up the real estate section of the San Antonio city guide Web site, MySanAntonio.com, a joint effort of two major media companies, Hearst Corporation and A.H. Belo Corporation (the San Antonio Express-News and San Antonio CBS affiliate KENS-TV, respectively).

Through this partnership, potential homebuyers visiting the SA HomeSearch site will be able to take 360-degree virtual tours of homes for sale in the San Antonio metropolitan area.

Taking full advantage of the Internet's interactivity, bamboo(tm) Virtual Tours consist of multiple moving panoramic images that permit potential homebuyers to view a home's interior, look around a neighborhood or see how big the pool is, as if they were actually standing there -- something still photos do not allow.

Bamboo.com's visual content provides viewers with pertinent information that allows them to make more informed decisions about which houses to visit in person, thus saving time and money and improving the overall efficiency of the home buying and selling process for all parties involved.

"This partnership is unique and exciting because it marks the coming together of the San Antonio Board of Realtors Multiple Listing Service, the San Antonio Express-News and bamboo.com to bring convenience and entertainment to San Antonio home buyers and sellers," said Kevin McCurdy, founder and executive vice president of bamboo.com.

"Bamboo.com's engaging visual content is a perfect match because it allows consumers to efficiently view multiple homes on the Internet 24 hours a day, from the comfort of their own homes."

Bamboo.com will leverage its infrastructure to deliver its signature rich visual content to www.SAHomeSearch.com. Bamboo.com's full service includes image capturing, processing, Internet posting and linking and e-mail virtual tours, which allow real estate professionals to forward multiple scene tours to anyone via e-mail.

"By incorporating bamboo Virtual Tours into the SA HomeSearch site, we are able to enhance our listings and put the consumer in control of the home buying process with a compelling and interactive experience, something still photographs don't offer," said Jim DeLine, General Manager of SA HomeSearch.

"Bamboo.com helps us attract and retain viewers by supplying imagery that entertains viewers while providing the information they need to make educated decisions."

About bamboo.com

bamboo.com (Nasdaq:BAMB) is a leading Internet imaging service and content provider. Bamboo.com maintains key relationships with major Web sites and companies across a range of industries and categories, including real estate, e-commerce, travel and tourism and emerging online markets.

Bamboo.com's strategic business partners include HomeStore.com, REALTOR.com, HomeSeekers.com, Microsoft HomeAdvisor, Moore Data Services, GTE, VacationSpot.com, The Travel Company, MyFamily.com and 1800Wedding.com.

As a result of these alliances, bamboo(tm) Virtual Tours can currently be viewed on America Online (AOL), Yahoo!, Microsoft Network (MSN), Excite, Netscape Netcenter, GO Network/InfoSeek, NBC, The Wall Street Journal Interactive Edition and others. Company investors include Intel Corporation, Trident Capital, the Walden Group and VantagePoint Venture Partners.

Bamboo.com and Interactive Pictures (Nasdaq:IPIX) recently announced a definitive merger agreement to merge their two companies in a stock-for-stock transaction. The deal positions the integrated company to be a premier provider of interactive imagery for the Internet, serving the real estate, travel and hospitality, e-commerce, electronic publishing, education and entertainment markets.

For more information about bamboo.com, visit http://www.bamboo.com or call toll free 888/7BAMBOO. Editors, please contact Antenna Group, Inc.: Heidi K. Zuhl at 415/977-1915, or [e-mail].

About SA HomeSearch

The San Antonio Express-News and the San Antonio Board of Realtors have

joined forces to offer homebuyers the SA HomeSearch database.

Now you will be able to search through thousands of San Antonio-area homes and condominiums available through the Multiple Listing Service database by selecting one or more of the following options: price range, number of bedrooms, number of bathrooms, MLS number, ZIP code, school, school district, subdivision, condominium name or part of town.

SA HomeSearch is also a gateway to San Antonio-area news and information about neighborhoods and schools, as well as to current mortgage rates, calculators, maps and other information.

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. Statements concerning the implementation of bamboo.com's services and the benefits expected to result from those services constitute forward-looking statements and are based on current expectations. Actual results may differ materially from those projected in the forward-looking statements. Factors that could cause actual results to differ include the failure of bamboo.com to integrate its services with the SA HomeSearch Web site and the failure of real estate professionals from SA HomeSearch to adopt and utilize such services. The matters discussed in this press release also involve risks and uncertainties described from time to time in bamboo.com, Inc.'s filings with the Securities and Exchange Commission (SEC). In particular, see "Risk Factors" in the Final Prospectus included in the Company's Registration Statement on Form S-1 declared effective by the SEC on August 25, 1999 (www.sec.gov).