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ChannelSpace Acquires CreativEdge to Expand On Full Range of Multimedia Capabilities.

NORFOLK, Va.--(BUSINESS WIRE)--July 2, 1999--

Award Winning Production House Allows ChannelSpace to

Unite Internet and Television Production

Continuing a trend of Internet partnerships, ChannelSpace Entertainment, Inc. (www.channelspace.com), a provider of content rich services to affinity audiences and portal players, today announced that it has acquired CreativEdge, a leading multimedia production house.

As a result of the acquisition, ChannelSpace has inherited CreativEdge's facilities, located in Chesapeake, VA, consist of a fully operational 13,000 sq. ft. studio which houses state of the art cinematography and production equipment, as well as a team of experienced producers and technicians.

CreativEdge has produced hundreds of video programs and television advertisements for a prestigious clientele that include Nabisco, US Army and Navy, General Electric and Dunn & Bradstreet. The innovative techniques and talents of CreativEdge principles Elaine Roberts and Gary Ball, has netted prestigious awards, including eleven national Tellys, twelve Addys and three International Television Awards.

"CreativEdge's film production skills and abilities are the perfect addition to ChannelSpace's digital editing talents," said ChannelSpace Chairman/President Steve Sanford. "The additional services provided by the CreativEdge team will allow ChannelSpace to further enhance its multimedia capabilities, and converge its Internet presence with upcoming television activities."

About ChannelSpace Entertainment, Inc.

ChannelSpace Entertainment, Inc. produces and markets customized channels that support consumer-interest Web sites, major portal players and technology providers. These channels include original content, high-level audio/video assets, chats, articles and authoritative reviews on well-defined areas of appeal. CSEI industry experts develop and package content relevant to niche interests, and provides consumers with easy access to a range of information that they have never had before. Future channels include, but are not limited to, the CelticChannel, CarribeanChannel, VirtualAtlanticChannel, and LindberghChannel. For additional information, email pr@channelspace.com.
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Publication:Business Wire
Date:Jul 2, 1999
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