ViewCast's Acclaimed Osprey-500 Now `Streaming Neutral,' Available To All Applications; Price Reduced on `Rolls Royce' of Video Capture Cards.

Business Editors & High Tech Writers

DALLAS--(BUSINESS WIRE)--Sept. 4, 2001

ViewCast Corporation (Nasdaq:VCST), the video communications leader, announced today that the popular Osprey-500 video capture card, originally designed in close collaboration with Microsoft, is now "streaming neutral" and supports all software applications requiring capture from digital and analog video/audio sources such as cameras and tape decks.

In addition, prices have been reduced, effective Sept. 3, to $895 -- a 10 percent reduction -- for the analog/DV-only model and $1995 -- a 20 percent reduction -- for the fully featured DV Pro version.

"ViewCast's Osprey products have long been dominant capture cards in the streaming market thanks to outstanding technology and dynamic partnerships," said Neal Page, senior vice president and general manger of ViewCast's Osprey division. "I would like to acknowledge Microsoft's contribution to this product and its significance for professionals who required the uncompromised quality of digital sources for their streaming content. We are pleased to make the Osprey-500, a card hailed as the 'Rolls Royce of the industry' by Streaming Media World, truly streaming neutral to address the broader workflow and format requirements of the greater streaming market."

Previously, the Osprey-500 only enabled the Windows Media Encoder to create a Windows Media streaming format directly from a video/audio source and WMCap, an audio/video capture application, to capture raw media from the Osprey-500 to an AVI file. This limited the market for the Osprey-500, as some content-creation workflow environments utilize other applications for pre-processing, editing, and conversion to different streaming and archive formats.

Effective Sept. 5, new drivers for the O-500 will be available for free download from www.ospreyvideo.com. Making the Osprey-500 streaming neutral gives customers the ability to use the Osprey-500 with a broader range of software applications -- including Windows Media Encoder, RealNetworks' RealSystem Producer, Adobe Premier 6.0, Media 100's Cleaner 5, Sorrenson Broadcaster and other leading applications -- as well as streaming directly to Windows Media and Real formats.

The Osprey-500 is the first professional-grade video capture card designed specifically for the capture of broadcast-quality digital video for streaming media. The Osprey-500 creates pure end-to-end digital video for streaming and removes video-quality degradation caused by the multi-step video-conversion process of the first generation of existing capture cards and software. It also allows anyone with a digital video (DV) camera to plug into the world of streaming media without any loss in quality.

About ViewCast Corporation

ViewCast develops products and services that provide video networked solutions. ViewCast maximizes the value of video through its core businesses: Osprey(R) Video provides the streaming media industry's de facto standard capture cards; ViewCast Systems integrates turnkey streaming and video distribution systems; and ViewCast Online delivers complete B2B solutions and video delivery for online video communications. From streaming digital video on the Internet to distribution of broadcast-quality video throughout the corporate enterprise, plus comprehensive "click, create and view" video software applications, ViewCast provides the complete range of video solutions.

Visit the company's Web sites (http://www.viewcast.com http://www.viewcastonline.com and http://www.ospreyvideo.com) for more information.

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgment on certain issues. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially. Important factors, which could cause the actual results to differ materially, include the ability of the Company to develop and market new products as technology evolves and the ability of the Company to obtain and enforce its patents and trademarks and avoid infringing upon third parties' patents and trademarks. For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the Company's Prospectus filed on July 14, 2000 and its reports on Form 10-KSB and 10-Q on file with the Securities and Exchange Commission. All trademarks are property of their respective holders.