"Tuesday March 27, 9:00 am Eastern Time
Press Release
Production Has Begun On Ampex Unit iNEXTV's ``Conversations With Hugh Downs'' Web Series
Guests Include Hugh Hefner, Maya Angelou, Geraldo Rivera, Joan Jett And others
INTERNET WIRE -- Production began earlier this month on iNEXTV's CONVERSATIONS WITH HUGH DOWNS, an original weekly web-exclusive series 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). Hosted by world-renowned journalist Hugh Downs, the show features some of the country's brightest and most influential thinkers in politics, media, literature and entertainment getting candid with Hugh Downs on various topics, including American values, the space program and health. The first interviews in this series, "Values in America," are slated to premiere later this Spring on iNEXTV.com and throughout iNEXTV's distribution network which comprises some of the Web's best known sites, including Juno and Qwest's Online Avenue.
Guests for iNEXTV's CONVERSATIONS WITH HUGH DOWNS include: HUGH HEFNER, founder of Playboy Enterprises Inc. and editor-in-chief of Playboy; MAYA ANGELOU, award-winning author, poet, actress, and director; ED KOCH, former Mayor of New York City; GERALDO RIVERA, journalist and CNBC talk-show host; BILL MAHER, television personality and host of "Politically Incorrect with Bill Maher"; SPALDING GRAY, actor and writer; FRANK MCCOURT, author; JOAN JETT, musician/composer and actress; LEWIS LAPHAM, editor of Harper's Magazine; ALBERT MAYSLES, documentary filmmaker and cinematographer; IRA BERKOW, sports writer for The New York Times; ISMAR SCHORSCH, rabbi and Chancellor of the Jewish Theological Seminary in NYC; AMITAV GHOSH, an Indian novelist; DAVID NASAW, author and current chair of the doctoral history program at the Graduate Center of the City University of New York; and JUDITH CRIST, author and film critic.
After spending more than 10,000 hours on air, most recently as the co-anchor of ABCNEWS' 20/20, Hugh Downs has now brought his distinguished journalism skills to the Internet. Since 1999, Downs has hosted several original web-exclusive politics and business programs for iNEXTV. In May 1989, Downs celebrated his 50th anniversary in broadcasting (both radio and television) and has received several awards - including Emmys®, the Broadcaster of the Year Award by the International Radio and Television Society, the National Headliner Award by the National Conference of Christians and Jews, the 1985 Award of Merit from the National Society of the Daughters of the American Revolution, the Carr Van Anda Award from the Ohio University School of Journalism and the Emerson College Joseph E. Connor Award - for his many achievements.
iNEXTV's CONVERSATIONS WITH HUGH DOWNS 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 to provide high quality video with multi-level advertising and branding opportunities. All of the programming is accessible to users of Microsoft Media Player (Nasdaq:MSFT - news) and Real Networks Real Player (Nasdaq:RNWK - news).
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 20 million unique users via its distribution partnerships with AskJeeves, Juno, Qwest and ClassicCars.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, exotic 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: 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 affecting the Company's Internet strategy and ability 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 1999 Annual Report on Form 10-K filed with the SEC, its Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2000, June 30, 2000, September 30, 2000, and its 2000 Annual Report on Form 10-K, which is expected to be filed shortly.
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Contact:
Jocelyn Brandeis
iNEXTV
212-735-1038
jocelyn@iNEXTV.com
Karen Dexter
Ampex Investor Relations
650-367-4111"
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