Stereo Vision Announces Broadband Distribution Agreement.

Business Editors/Entertainment Writers

VAN NUYS, Calif.--(BUSINESS WIRE)--March 7, 2002

Stereo Vision Entertainment Inc., (OTCBB:SVED) is pleased to announce Broadband Business Inc. based out of Valhalla N.Y., has agreed to become the exclusive distributor for SVEI's broadband content. BBI will immediately begin contacting it's existing broadband service provider clients, while searching out new customers for the SVEI celebrity driven content. SVEI is prepared to immediately begin delivering this product from it's studio at the Sound City center in Van Nuys Ca.

One of these broadband productions is the "Mike Pinera Show". Initially this will be a weekly one hour webcast, live from Stereo Vision Studios. Mike will be showing rare concert footage while jamming and chatting with his many legendary Rocker pals. Mike's determination is to share with Rock fans, the feeling of being in the studio, rocking with music industry Icons. And doing the show in the L.A., you can be sure there will be plenty of surprise guests. Along with DRTV product sales, the show will generate earnings from banner advertising. Discussions are currently underway with several potential sponsors.

Another example of SVEI's cutting edge celebrity driven broadband content developement is "Yux 4 Bux". This is the brainchild of SVEI's founding partner, comedian and actor Rick Ducommun. Working alongside SVEI's Board of Director member, producer writer and director, Rocco Urbisci, Rick is bringing to internet this concept of regularly scheduled free and pay per view comedy programming. Yux 4 Bux will also be an e-commerce site. The viewer will be able to purchase a vast array of comedy related items from DVD's to whoopee cushions.

"Everyone in the Stereo Vision family is very excited about the opportunity to work with Broadband Business, Inc." said SVEI's CEO Jack Honour. "Their reputation for excellence is the reason their clients are the movers and shakers in the Industry. When BBI's C.O.O. Robert Cacase called today to give us the green light, we communicated to him that we're ready to move ahead at full speed".

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