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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV -- Ignore unavailable to you. Want to Upgrade?


To: Labrador who wrote (2174)12/2/1998 8:32:00 PM
From: JC Reddy  Respond to of 2843
 
Company Press Release

ADVISORY/WavePhore's Chief Executive Officer, David E. Deeds to Appear
LIVE on The Cavuto Business Report to Discuss Launch of Online Mall and New Electronic Commerce Channel

WaveTop Store Offers Vendors Merchandising Capabilities Beyond Those Of The Standard E-Commerce Web Site.

PHOENIX--(BUSINESS WIRE)--Dec. 2, 1998-- WHAT: WavePhore Inc. (NASDAQ:WAVO - news), the New Media Delivery Company, recently announced the launch of the WaveTop Store electronic commerce channel, and establishment of 9 initial merchants in this new ''broadcast mall''.

Consumers will now be able to take advantage of WaveTop's unique broadcast delivery of multimedia content to receive exciting offers and place orders for useful merchandise and services. Vendor's product offerings and catalog-like content will be delivered seamlessly to their desktop, without the hassle of going on line, and for free. Clearance of the actual transactions will be completed using the consumer's existing Web connection and the secure methods implemented by each of the respective vendors.

WaveTop's unique electronic commerce and advertising-supported service also provides multi-media programming, including news, investment advice and information, children's programming, weather, consumer reports, free software downloads and much more, all supplied by the Web's leading content providers.

Distributed nationally via the unused portion of television signals from 264 PBS member stations around the country, WaveTop currently reaches more than 99 percent of U.S. households.

WaveTop is a consumer service of WavePhore Inc. 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, Sports Illustrated for Kids and ZDNet which includes ZDNet News and the on-line versions of ComputerLife, Family PC and Yahoo Internet Life. Also providing content are USA TODAY, The Wall Street Journal Interactive Edition,
CBS SportsLine, PBS ONLINE, Quote.com, The Weather Channel, N2K's Music Boulevard, Barnes and Noble.com, Universal Press Syndicate -- Comics, Women's Wire and Prevention's Healthy Ideas, ParentTime, SuperMarkets Online and NECX.

WavePhore Inc. is The New Media Delivery Company. It partners with the foremost providers of news, business data, Web-based content and multimedia programming to deliver selective intelligence and quality content to an information-dependent society. WavePhore (www.wavephore.com) enables people and enterprises to more efficiently receive, manage and productively use all types of urgent, insightful, or relevant information. The company's technologies and services aggregate, filter, customize and distribute digital content (text, graphics, music, and video) using a wide range of reliable, low-cost broadcast (FM sideband, TV-VBI), satellite and Web-based delivery systems. It has technology sourcing and strategic alliances with Microsoft, Intel, Compaq, Sony, Gateway, STB, ADS and PBS National Datacast, in addition to information service agreements with some two hundred Fortune 1,000 companies worldwide. Additional information on WavePhore is available via the Internet at wavephore.com. Information on its business units can be found at: wavetop.net, wavephore.net and newscast.com.

WHEN: Wednesday, Dec. 2, 1998 5:55 p.m. EST
WHERE: LIVE on The Cavuto Business Report Television Program
on Fox News Channel
WHO: LIVE Interview with Neil Cavuto, Host and
David E. Deeds, chairman, president and CEO WavePhore
ONTACT: For more information or to schedule an
interview please contact: Bernadette Callahan, Director
Neale-May & Partners Telephone: 650/328-5555 x120