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To: leonard goldberg who wrote (3267)7/20/1998 2:57:00 PM
From: Pauline Starkweather  Respond to of 11417
 
To all,

Monday July 20, 1:37 pm Eastern Time

Company Press Release

SOURCE: The Carmel Group

More Panelist's Set to Appear at The Carmel Group's 'Convergence '98:
The Five Burning Questions' Conference

CARMEL-BY-THE-SEA, Calif., July 20 /PRNewswire/ -- The Carmel Group today announced the latest additions to the roster
of telecommunications, computer and entertainment industry executives slated to participate in September's ''Convergence '98:
The Five Burning Questions'' conference.

According to The Carmel Group Chairman and Chief Executive Officer Jimmy Schaeffler, the panelist list has expanded to
include: Michael Carey, Senior Vice President, New Media, The Weather Channel; Paul Gaske, Senior Vice President, Hughes
Network Systems; Greg Gudorf, Vice President, Digital Media Marketing, Sony Electronics; Ed Huguez, Chief Operating
Officer, InterVu; Gerald Kunkel, Vice President, Strategic Programs, WorldGate Communications; Tom Oliver, Chief Executive
Officer, Interactive Channel; Steve Sprague, President, Wave Systems Corporation [OTC BB:WAVX - news]; Jan Steenkamp,
Chief Executive Officer, OpenTV; Jim Stratigos, President and Chief Executive Officer, Media4; and Todd Tarpley, Director of
New Media, A&E Television Networks.

Schaeffler explained that these and previously announced speakers will discuss how to satisfy the growing demand for
high-speed bandwidth access; the evolution of interactive TV guides, set-top electronics and interactive services; and the profit
opportunities from the new convergence home and business.

''We're very pleased that conference attendees will benefit from the experience and opinions of such a great number of
convergence industry leaders,'' said Schaeffler. ''We look forward to making the forum even more valuable to current and
potential investors by adding even more participants in the weeks ahead.''

''Convergence '98: The Five Burning Questions'' will take place on September 28 at the Westin Hotel at the Los Angeles
International Airport. Conference sponsors include Phillips Business Information, Inc.; NDS Americas Inc.; The Fantastic
Corporation; and Adaptec Inc [Nasdaq:ADPT - news].

The Carmel Group provides investment, programming, marketing, technological, regulatory, legal and other business analysis of
direct broadcast satellite and other digital convergence industries. Company products and services include databooks, newsletters,
seminars and selected appraisal and consulting projects.

The Carmel Group can be reached at 831-626-6222 or via the company's Web site at ''www.carmelgroup.com.''

SOURCE: The Carmel Group