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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing! -- Ignore unavailable to you. Want to Upgrade?

To: Swamp Fox who wrote (3648)	5/7/2001 11:06:32 AM
From: wlcnyc	Respond to of 4169

"Monday May 7, 9:00 am Eastern Time Press Release Ampex Unit iNEXTV Launches ``Your Lucky Stars'' Hosted By Eugenia Last Weekly Video Astrology Show INTERNET WIRE -- Want to find out when to be romantic, when to ask the boss for a raise, or take that trip to Europe? Let iNEXTV's YOUR LUCKY STARS be your guide. Hosted by astrologer Eugenia Last, YOUR LUCKY STARS provides viewers with a weekly, personalized video horoscope. Programming began earlier this month and can currently be seen on iNEXTV's website, located at www.iNEXTV.com. iNEXTV's YOUR LUCKY STARS is 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). Eugenia Last has been a practicing astrologer for the past 25 years and has been helping people make vital decisions by plotting the course of the planets. Hundreds of clients from all over the world attest to the accuracy of her advice. Some of her clients are celebrities, and some are corporations (the chart set up by the date of the corporate seal). Eugenia also uses her talent in the field of preventative medicine. Her columns are syndicated in more than 400 newspapers all over the world through Universal Press; she has written five books, two computer software programs, two web sites, appeared on a vast number of radio and television shows and has recently had her own 2-hour talk show on the CFRA satellite radio. She was raised on the lake in Port Credit, Ontario. Her background is Rumanian Ukrainian. Eugenia's abilities are evident and obviously developed through study, discipline and desire. Her purpose is to help people realize that for every negative in their life there is always a positive. 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 to provide high quality video with multi-level advertising and branding opportunities. All of the programming is accessible to users of Microsoft® Windows Media(TM) Player (Nasdaq:MSFT - news) and Real Networks RealPlayer® (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 100 million unique monthly users via its distribution partnerships with Microsoft's WindowsMedia.com, AskJeeves, Juno, 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, 2000, which is expected to be filed shortly. -------------------------------------------------------------------------------- Contact: Jocelyn Brand iNEXTV 212-735-1038 jocelyn@iNEXTV.com Karen Dexter Ampex Investor Relations 650-367-4111" biz.yahoo.com