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WavePhore Announces Release of WaveTop Version 2.0.

PHOENIX--(BUSINESS WIRE)--Jan. 25, 1999--

Multimedia Internet Broadcast Service Extends Appeal

To Consumers Through Better Integration, Ease-of-Use,

Simplified Installation, And Expanded Content

WavePhore Inc. (NASDAQ:WAVO) Monday announced the release of version 2.0 of its WaveTop service.

WaveTop provides users with free multimedia programming, including news, sports, investment advice, shopping, children's programming, free software downloads and much more, all supplied by a growing list of more than 30 of the Internet's leading content providers.

This new release is seamlessly integrated with the Microsoft Internet Explorer browser, thus eliminating the need for a stand-alone application. WaveTop 2.0 also includes a simplified user-interface, greatly enhancing ease-of-use for the average PC consumer.

Additionally, the new release offers a simplified installation process, making it almost effortless for customers to begin using the service. Further improvements have also been incorporated into the service to enhance compatibility with existing TV tuner cards making it easier for consumers to switch between multiple tuner-card software applications.

"Once again, WaveTop has raised the bar for wireless delivery of Internet information and entertainment," said David E. Deeds, chairman, president and chief executive officer of WavePhore Inc. "Our advanced technology and ease-of-use will only serve to further expand our user base."

WaveTop 2.0's new customizable front page gives customers the value-added option of personalizing their choices from the content being broadcast and setting it as their Home Page. Additionally, this integration unifies the WaveTop broadcast content directly with the consumer's other Internet favorites.

"With the integration of WaveTop into Microsoft's Internet browser, subscribers are guaranteed an even faster and richer experience," said Thom Kozik, executive vice-president and general manager of WaveTop. "Advances in WaveTop 2.0's navigation, visual design, and ability for customization, will undoubtedly make WaveTop the destination of choice for many consumers."

The WaveTop version 2.0 release can be downloaded at no charge via the company's web site at www.wavetop.net. A CD-ROM version is also available directly from WavePhore, and will be bundled with all leading TV tuner cards. A unique feature of the WaveTop service is that existing version 2.0 beta users will have the upgrade automatically broadcast to their PC's via WaveTop's network.

Additionally, the WaveTop 2.0 Developers Kit is available for TV Tuner card manufacturers. This will enable them to create WaveTop compatible drivers and applications.

How WaveTop Works

WaveTop's multimedia Internet broadcast service works by embedding data streams into the unseen portion of existing broadcast television signals using the Vertical Blanking Interval (VBI). WaveTop has partnered with PBS National Datacast to broadcast data over the television signals of 264 PBS member stations reaching over 99 percent of all U.S. households.

Using a simple browser interface and a standard PC equipped with a TV tuner card, users can interact with automatically downloaded information, entertainment and software. Computers equipped with TV tuners and WaveTop software transparently receive, decode and cache content without the bottleneck of the Internet or tying up a telephone line.

Rich Content

WaveTop's current and upcoming content partners are among the world's leading media companies, including USA Today, The Wall Street Journal Interactive Edition, CBS SportsLine, PBS ONLINE, Warner Bros. Online, Bloomberg LP, The Weather Channel, N2K's Music Boulevard, barnesandnoble.com, Universal Press Syndicate Comics, Women's Wire, Prevention's Healthy Ideas, Astrology.Net, Dummies Daily, UltimateTV, and Time Inc. New Media, which creates the online versions of People, Time, Entertainment Weekly, Money, Fortune and Sports Illustrated for Kids magazines and ZDNet News.

The media partners' content will create channels appealing to the whole family.

WaveTop channels include News -- the latest in news, sports, and weather; Finance -- providing regularly updated stock information and business news; Sports -- the latest sports scores, information and news; Fun -- the latest samples of games and music, plus comics and best-seller books lists; Kids -- entertaining interactive educational content from brand-name, children-oriented providers; Life - the information spot for parents and working women; Tech -- the latest technology news, magazines and review, plus an offloads center for free software, shareware and bug fixes; and Store -- an electronic mall featuring enhanced multimedia storefronts from leading merchants.

Electronic Commerce and Advertiser Support

WaveTop is supported by leading online commerce vendors and consumer brand advertisers. Electronic commerce vendors in the WaveTop Store shopping mall include companies such as Barnes and Noble, and eToys.

Advertisers on the WaveTop service include such companies as Atlanta Bank, EMI Records, Hewlett-Packard Co., Intel Corp., Kellogg Co., Lincoln-Mercury Inc., Mobil Corp., Nissan Motor Co. Ltd., Salomon Smith Barney Holdings and Spiegel Inc.

WaveTop's ability to deliver high-bandwidth applications to the home without the download delays associated with modems allows advertisers to send more creative multimedia advertisements such as movie and video clips, games, software downloads and micro sites.

About WavePhore

WavePhore Inc. (NASDAQ: WAVO) is the leading new media content integrator and architect of digital delivery systems. It partners with the foremost providers of news, business data, Internet based content and multimedia programming to deliver selective intelligence and quality content to an information-dependent society.

WavePhore (www.wavephore.com) enables people and enterprises to more efficiently receive, manage and productively use all types of urgent, insightful, or relevant information.

The company's technologies and services aggregate, filter, customize and distribute digital content (text, graphics, music, and video) using a wide range of reliable, low-cost broadcast (FM sideband, TV-VBI), satellite and Internet based delivery systems.

It has technology sourcing and strategic alliances with Microsoft, Intel, Compaq, Sony, Gateway, STB, ADS and PBS National Datacast, in addition to information service agreements with some two hundred Fortune 1,000 companies worldwide. Additional information on WavePhore is available via the Internet at www.wavephore.com.

Information on its business units can be found at www.wavetop.net, www.wavephore.net and www.newscast.com.

Certain of the above statements regarding WavePhore constitute forward-looking statements, which may involve risks and uncertainties.

Actual results could differ materially from such forward-looking statements as a result of a variety of factors, including, but not limited to, technology changes, competitive developments, industry and market acceptance of new products and services, and risk factors listed from time to time in WavePhore's SEC filings.

Note to Editors: Microsoft and Windows are registered trademarks of Microsoft Corp. in the United States and/or other countries. Other product and company names herein may be trademarks of their respective owners.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 25, 1999
Words:1051
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