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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: David Gardiner who wrote (649)10/1/1997 9:38:00 AM
From: David Gardiner   of 2843
 
Well here's a MSFT deal.

Company Press Release

WavePhore's WaveTop(TM) Service Included as Active Channel Content on
Microsoft Internet Explorer 4.0

SAN FRANCISCO, Oct. 1 /PRNewswire/ -- WavePhore, Inc. (Nasdaq:WAVO) today announced that its WaveTop service will be
available as Active Channel content for Microsoft Internet Explorer version 4.0. Users of Internet Explorer 4.0 will be able to select
the WaveTop channel through the Microsoft Online Active Channel Guide for Internet Explorer. This channel is a further extension of
the reach of the WaveTop service, allowing Internet Explorer 4.0 users to get a special abbreviated version of what is available
through the full service. The Active Desktop feature of Internet Explorer 4.0 enables users to choose pre-selected channels, and/or
create their own categories of streaming content which is automatically and periodically downloaded or ``webcast'' their desktop.

The WaveTop channel is the first free consumer entertainment and information service that offers rich multimedia content, popular
publications, games, news and more. It has partnered with some of the most popular sites on the Internet to create channels like
NewsTop(TM) -- the latest in news, sports, and weather; StockTop -- provides regularly updated stock information; KidsTop(TM) --
offers fun, interactive educational content from brand name children-oriented programmers; TechTop(TM) -- the latest downloads of
freeware, shareware and bug fixes; FamilyTop(TM) -- provides resource information for parents and working women and FunTop(TM)
-- provides the latest samples of games, music, horoscopes and best-selling books. The full WaveTop service will be available
wirelessly through the VBI television transmissions to broadcast-ready PCs.

``We are very excited to have the WaveTop service available as a channel on Microsoft Internet Explorer 4.0. This agreement
creates one more medium through which consumers will be able to access the rich multimedia content that the WaveTop service
has to offer,'' stated David E. Deeds, Chairman, President and CEO of WavePhore, Inc. ``We hope that consumers who enjoy the
select WaveTop service through Internet Explorer 4.0 will be encouraged to install a TV tuner in their PC's and enjoy the full,
WaveTop service that our wireless, broadcast version has to offer.''

``We're very pleased to have WaveTop as a premier Active Channel partner for Microsoft Internet Explorer 4.0,'' said Brad Chase,
vice president, application and Internet client group at Microsoft Corp. ``Their high caliber content provides a compelling experience
for Internet Explorer users.''

WaveTop's PC data broadcast service works by embedding data streams into the unseen portion of existing broadcast television
signals, using the Vertical Blanking Interval (VBI). WaveTop will leverage WavePhore's partnership with PBS National Datacast, Inc.
by broadcasting data over the broadcast signals of its 264 PBS member stations, reaching more than 99% of television households
in the U.S.

WavePhore, Inc., the industry leader in data broadcasting, is comprised of three divisions: WavePhore Networks, WavePhore
Newscast, and WaveTop. WavePhore Networks provides flexible, high speed data delivery to more than 60,000 sites worldwide.
WavePhore Newscast delivers real-time, custom- filtered business news to more than 143,000 subscription-based business users
across the U.S., Canada and Europe.

Additional information on WavePhore is available via the Internet at wavephore.com, wavetop.net,
wavo.com and 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.
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