| Tuesday June 26, 9:00 am Eastern Time 
 Press Release
 
 Ampex Unit iNEXTV Premieres ``The Whole Wine World With Phillip Silverstone,'' ``All Things Gardening With Greg Quinn,'' And ``Kitchen Cut-Ups! With The Clever Cleaver Brothers®'' On Thursday, June 28
 INTERNET WIRE -- Are you a wine connoisseur or do you want to become one? Do you know the difference between potting soil and plant food, a geranium and a cactus, or a pest and a harmless bug? Do you know how to cook a quick meal and make it fun? iNEXTV will show you! On Thursday, June 28, iNEXTV will premiere three new weekly food, gardening and wine shows: THE WHOLE WINE WORLD WITH PHILLIP SILVERSTONE, hosted by TV and radio wine personality Phillip Silverstone, ALL THINGS GARDENING WITH GREG QUINN, hosted by gardening expert Greg Quinn, and KITCHEN CUT-UPS! WITH THE CLEVER CLEAVER BROTHERS®. All shows will premiere on-demand at www.iNEXTV.com and on iNEXTV's distribution network, which comprises some of the Web's best-known sites including Yahoo! and WindowsMedia.com.
 
 In iNEXTV's THE WHOLE WINE WORLD WITH PHILLIP SILVERSTONE, TV and radio wine personality Phillip Silverstone provides 30 original, Web-exclusive episodes, each 90-seconds long, of quick and valuable information on the basics of wine appreciation, as well as tips on topics like food pairing, chilling and storage...all with a down-to-earth, quirky, irreverent, tongue-in-cheek manner that makes the subject fun instead of intimidating. Segments will also be divided into four categories: Wines & Regions, Basics & Beyond, Food Pairings and Recommendations.
 
 The following is a partial list of episodes and their premiere dates:
 
 *Grape Expectations - June 28 (Wines & Regions)
 
 *Best Wine to Buy - July 5 (Basics & Beyond)
 
 *A Chilly Thought - July 11 (Basics & Beyond)
 
 *Etiquette - July 18 (Basics & Beyond)
 
 *Hardy's Nottage Hill Shiraz - July 25 (Recommendations)
 
 Anative of London, Phillip Silverstone, a.k.a. "The Wine-osaur," has been educating people about "the noble grape" for more than 20 years through his PBS series, daily radio wine features, book, columns, numerous television and radio appearances and "wine-tertainment" seminars.
 
 iNEXTV's ALL THINGS GARDENING WITH GREG QUINN is a 13-part series that is instructive, informative, and entertaining - all in 2-3 minute episodes. The series covers all aspects of gardening, from composting, to pest control, all the way to landscape design. Quinn utilizes hands-on demos and takes you on location to teach you how to grow the most exquisite flowers, including orchids, roses, and tulips. We also get tips from the world's leading gardening experts. From planting seeds to the first blossoms of spring, this show really is ALL THINGS GARDENING.
 
 The following is a partial list of episodes and their premiere dates:
 
 *Landscape Problem Solving - June 28
 
 *Lessons from Keukenhof - July 5
 
 *Nature's Paint Box - July 11
 
 *Naturalizing - July 18
 
 *Orchids - July 25
 
 Greg Quinn is a popular New York radio and television personality who specializes in nature and gardening. He regularly appears on FOX 5 News and B. Smith With Style. Greg is a freelance writer for Good Housekeeping, Delta Airlines' Sky, and the Family Publishing Group. He has written ten books and also teaches Gardening at the New York Botanical Gardens. Greg Quinn truly is a "Man for All Seasons." He is well versed in architecture, construction, and was even a chef at his own restaurant while living in Europe.
 
 KITCHEN CUT-UPS! WITH THE CLEVER CLEAVER BROTHERS®, hosted by professional chefs Lee N. Gerovitz and Steve Cassarino, who are known as "The Clever Cleaver Brothers®", is an easy-to-prepare 3-minute cooking show for everyday people who don't have gourmet kitchens. Their quirky costumes, sets and comic repertoire add more flavor to the hosts.
 
 Lee and Steve have been together since 1984 and have been seen on several national TV shows, including Live with Regis and Kathie Lee, CBS This Morning, Dateline NBC, Entertainment Tonight, The Jenny Jones Show, The Tonight Show with Jay Leno, Our Home and Home Matters.
 
 iNEXTV's THE WHOLE WINE WORLD WITH PHILLIP SILVERSTONE and iNEXTV's ALL THINGS GARDENING WITH GREG QUINN are produced by iNEXTV Corporation, the premier producer, aggregator and syndicator of video for the Internet and a wholly-owned subsidiary of Ampex Corporation (Amex:AXC - news). Both shows are directed by Jeff Fountain. Mary Donnelly is the senior producer of THE WHOLE WINE WORLD WITH PHILLIP SILVERSTONE, and Francine Bergman is the producer of ALL THINGS GARDENING WITH GREG QUINN.
 
 All episodes will be archived on iNEXTV's website, www.iNEXTV.com, indefinitely.
 
 All iNEXTV programming is encoded, hosted and streamed via iNEXTV's custom player window streaming and advertising video interface. The player window utilizes Ampex's proprietary video technology, which delivers a crystal clear viewing experience while lowering bandwidth costs and offers multi-level advertising and branding opportunities. All of the programming is accessible to users of Microsoft Windows Media Player and Real Networks RealPlayer.
 
 Phillip Silverstone and Greg Quinn are available for interviews.
 
 Please contact Jocelyn at 212-735-1038 to schedule.
 
 About iNEXTV
 
 iNEXTV Corporation is the premier producer, aggregator and syndicator of video for the Internet, and is a wholly-owned subsidiary of Ampex Corporation (Amex:AXC - news). iNEXTV and its subsidiary have a syndication network that reaches more than 100 million unique monthly users via its distribution partnerships with Microsoft's WindowsMedia.com, AskJeeves, Yahoo!, Qwest's Online Avenue, TravelNow.com and ClassicCar.com among others. Headquartered in New York City, iNEXTV produces and syndicates original Internet video programming from its production facilities in New York, Los Angeles and Munich, Germany. Programming categories include politics and business, travel, fashion, automotive and entertainment - showcasing iNEXTV's superior streaming technology with content. For more information about iNEXTV and its programming, syndication and advertising offerings, please visit us at www.iNEXTV.com.
 
 (Minimum requirements to view iNEXTV webcasts: (1) Microsoft Windows Media Player, available for free download at www.windowsmedia.com, or (2) RealPlayer software, available for free download at www.real.com, and at least a 28Kbps connection to the Internet, but 56Kbps is recommended. If you experience problems downloading the software or viewing site content, please send an email to techsupport@inextv.com.)
 
 This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risk and uncertainties and unforeseen circumstances that could cause actual results to differ materially from those currently anticipated. Potential risks and uncertainties include, without limitation, risks of continuing losses from future operations, risks of declining liquidity, risks affecting the Company's Internet strategy; ability to sell advertising, and to obtain additional distribution; uncertainty as to the timing or terms of any sale of Data Systems and other risks mentioned in the Company's 2000 Annual Report on Form 10-K filed with the SEC, and its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2001.
 
 www.iNEXTV.com
 
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 Contact:
 
 Jocelyn Brandeis
 iNEXTV
 212-735-1038
 jocelyn@iNEXTV.com
 
 Karen Dexter
 Ampex
 650-367-4111
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