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

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To: Ken Turetzky who wrote (867)2/3/1998 8:51:00 AM
From: Gerald Thomas  Read Replies (1) of 2843
 
WavePhore's WaveTop(TM) Wins Top 'Investor's Choice' Award At Internet Showcase

February 3, 1998 08:30 AM

PHOENIX, Feb. 3 /PRNewswire/ -- WavePhore Inc. WAVO WaveTop(TM) was voted an "Investor's Choice Award" at Internet
Showcase, the industry conference co-produced by coursey.com, Inc. and Upside Media held in San Diego, California from January 28
through 30.

The Investor's Choice Award is presented to the top five companies who garner the most support from conference attendees consisting of
media, venture capitalists, industry analysts, and technology executives. Conference attendees vote with wooden nickels for their favorite
product or services; and at the end of three day event, WaveTop came away rated as one of the top five selections for "Investor's Choice"
honors. WavePhore, WaveTop was one of over 80 companies demonstrating its products or services at the conference to over 750
attendees, many of whom were CEO's and technologists from both established and start-up Internet companies.

"Attendees invest with wooden nickels to reward good showmanship and interesting technology, while giving companies a healthy dose of
reality," said David Coursey, Internet Showcase's sponsor and host. "At the end of the conference, WaveTop garnished the most
enthusiasm from the attendees, and they emerged as the popular choice in the game."

"We are extremely excited to be recognized as the winner of the "Investors Choice Award," said David E. Deeds, CEO, President and
Chairman. "We appreciate that the 700 plus attendees at this conference recognize the growth potential of the WaveTop service of
WavePhore, Inc."

WavePhore demonstrated WaveTop, the exciting new Internet service that delivers high bandwidth Web content wirelessly over television
broadcast signals directly to home personal computers. WaveTop's PC data broadcast service works by embedding a data stream into the
unseen portion of existing broadcast television signals using the Vertical Blanking Interval (VBI). WaveTop has partnered with PBS
National Datacast, Inc. to broadcast data over the television signals of its 264 PBS member stations, reaching more than 99% of television
households in the U.S.

Using a simple browser interface and a broadcast ready PC (a standard PC with a built-in TV tuner or equipped with an add-on TV tuner
card), users will interact with transparently downloaded information, entertainment and software. Computers equipped with a TV tuner and
WaveTop software transparently receive, decode and cache content automatically without the bottleneck of the Internet or tying up a phone
line.

Rich Content

WaveTop content providers are among the world's leading media companies, including Time Inc. New Media, which includes the on-line
versions of: People, Time, Entertainment Weekly, Money, Fortune and Sports Illustrated for Kids and ZDNet which includes online version
of: PC Magazine, Family PC, and Yahoo Internet Life. Also providing content are USA TODAY, Wall Street Journal Interactive Edition,
CBS SportsLine, PBS ONLINE, Quote.com, The Weather Channel, N2K's Music Boulevard, BarnesandNoble.com, Universal Press
Syndicate -- Comics, Women's Wire and Prevention's Healthy Ideas, ParentTime, SuperMarkets Online, OnCart, and NECX.

The media partners' content will create channels appealing to the whole family. Channels include NewsTop -- providing the latest news,
sports and weather; StockTop -- delivering up to the minute business news and the most powerful tools for the small investor; KidsTop --
supplying fun, interactive educational games; TechTop -- transmitting the latest technology news, free software, bug fixes, and helpful hints;
FamilyTop -- providing the latest resource information for parents and working women; and FunTop -- sending interactive game shows,
music, comics, and best-selling books.

About WavePhore

WavePhore, Inc., WAVO the industry leader in data broadcasting, is comprised of three divisions: WavePhore Networks, WavePhore
Newscast and WavePhore WaveTop. WavePhore Networks provides flexible, high-speed data delivery to more than 80,000 sites
worldwide. WavePhore Newscast delivers real-time custom-filtered business news to more than 200,000 subscription- based business
users across the United States, 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. SOURCE WavePhore Inc.

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