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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: mrbodine who wrote (66795)	2/7/2001 9:55:10 PM
From: afrayem onigwecher	Respond to of 122087

Make your own decisions, but make it an educated one

To: mrbodine who wrote (66795)	2/24/2001 9:21:26 PM
From: afrayem onigwecher	Respond to of 122087

New Visual Entertainment, Inc. Receives Independent Verification Of `Last Mile' Solution SAN DIEGO--(BUSINESS WIRE)--Feb. 20, 2001-- Third Party Testing Confirms That Company's Proprietary Broadband Technology Permits Transmission of Data Over 8,980 Feet Of 26-Gauge Copper Wire Pair at a Speed of 54.445 Mbps New Visual Entertainment, Inc. (OTCBB:NVEI), a pioneer in the development of proprietary transmission technology, announced today that independent third party verification of the Company's patent-pending transmission technology has been completed. Tests conducted by a division of a leading telecommunications equipment maker have confirmed that the Company's patent-pending Cu@OCx broadband transmission technology transmitted data over a standard 26-gauge copper telephone wire pair for a distance of 8,980 feet at a speed of 54.445 million bits per second (Mbps). Additional information regarding the test results is available at the New Wheel Technology website: www.newwheeltechnology.com. Allan Blevins, President of the Company's New Wheel Technology, Inc. subsidiary, stated, "We are extremely pleased with this accomplishment of transmitting data at fiber optic rates over copper. We are even more excited about implementing the next phase of our development strategy." According to Ray Willenberg, Jr., Chief Executive Officer of New Visual Entertainment, "This significant milestone is an enormously rewarding achievement for the Company. Going forward, we intend to focus on moving the technology into the field and maximizing its full potential." About New Visual Entertainment, Inc. New Visual is pioneering the development of a proprietary broadband transmission technology with the mission to utilize existing copper telecommunications infrastructure to deliver high data content to the home or office at VDSL or fiber optic data transfer rates. Through its New Wheel Technology, Inc. subsidiary, New Visual is developing this technology, which would allow the bundling of voice, video and data over existing copper telephone wires, thus potentially eliminating the need for fiber optic cable to the home or office. Its initial development efforts include "Very High rate Digital Subscriber Line" (VDSL), and have demonstrated results exceeding industry standards. New Visual's common stock is traded on the Over-The-Counter Bulletin Board under the symbol NVEI. With the exception of historical information contained in this release, this release includes forward-looking statements made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the internet; reliance on third parties including potential suppliers, licensors and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this release and in the Company's Securities and Exchange Commission filings. CONTACT: New Visual Entertainment, Inc. John Howell, 619/692-0333 (Investor Relations) jhowell@newvisual.com or New Wheel Technology, Inc. C. Rich Wilson, 925/456-5427(Marketing & Media Inquiries) rwilson@newwheeltechnology.com