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Technology Stocks : Visual Data (VDAT) -- Ignore unavailable to you. Want to Upgrade?

To: nord who wrote (92)	2/20/1999 2:39:00 PM
From: nord	Read Replies (1) \| Respond to of 405

BUSINESS OF THE COMPANY General We formed Visual Data Corporation (the "Company") as a Floridacorporation in May 1993. We produce, market, distribute and own rich mediacontent used for advertising products, and creating consumer based portfoliolibraries for use on the Internet and eventually, Interactive Television. Ourgrowing portfolio of full-motion video information libraries contain shortconcise vignettes relating to consumer products, corporate information, hotels, nursing homes, timeshare resorts and attractions. These multi-media information libraries are designed to capture the interest of the general public in order togenerate revenues from advertising, subscriptions, viewership, E-Commerce transactions and sponsorships. Using the latest technology in video editing,combined with a global network of veteran camera crews, we are able to maintain high quality and consistency in our video productions. We have develope strategic partnerships in order to enhance our marketing efforts. We believe the Company is positioned to take advantage of the technological advancements concerning video on the Internet. Over the past year streaming technology has made it possible for large video files to be viewed by consumers without long download times and the quality was acceptable even if using a 56K modem. During the first half of 1999, a new compression standard (MPEG-4) will be available for consumer use that will not only provide "TV-like"quality at speeds above 56K but will also improve the video quality on even slower speed modems. This new technology is expected to boost consumer demand for video content. We believe the Company will be positioned to offer its production, marketing, and distribution services to all businesses looking to enrich their presence on the Internet.