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To: nord who wrote (95)	2/20/1999 3:01:00 PM
From: nord	Read Replies (1) \| Respond to of 405

PLAN OF OPERATION The Company's current plan of operation includes continuing to expand its marketing of its "View" libraries. The Company will continue to expand its base of travel agencies as well as to increase the distribution of the HotelView(R) Library over the Internet. The HotelView.com website has been significantly upgraded and the new pricing model, which includes creating transactional revenues as well as The CareView(TM) Library is currently being marketed in South Florida and the New York metro area. CareView provides not only a video tour of nursing homes and assisted living facilities, but brings to consumers information about bed availability and type of insurance accepted to aid them in the decision making process. CareView is currently contained on a computer which is placed in hospital discharge planning offices and other locations, such as senior resource centers, where potential clients and their families can access the information. It is anticipated that the CareView Library will be available on the Internet during the fourth quarter of fiscal 1998. On May 20, 1998 the Company acquired certain assets of Digital Criteria Technologies, Inc. including CareerSelect, a database and search software for resume and job posting and Real Estate Select, a database and search software for querying and displaying available real estate (Commercial and Residential). Both programs require further software development to be accessible via the Internet. In addition, some new features will be added by the Company's Internet software development group and offered during the next fiscal year. The Company exchanged 140,000 shares of its common stock for the software and related assets. The Company entered into an agreement to purchase 51% of the common stock of EDnet, Inc. effective June 19, 1998, for $1.4 million. Total consideration paid included (i) cash of $698,004, (ii) 75,000 shares of common stock and 50,000 warrants valued at $418,250, and (iii) a secured promissory note in the amount of $283,746. EDnet is engaged in the business of providing a low cost network for the transport of real time audio and video for the entertainment industry. The transaction was completed on July 27, 1998. Also in June 1998, the ResortView website was put on the Internet and the first timeshare Resort video was completed and put on-line. The Company signed a contract with VIP International to provide connectivity with the world wide travel agent network enabling travel agents to book directly into the resort properties. The developers benefit by earning rental revenue on excess room inventory as well as receive a new source of lead generation. In addition to its standard subscription fees, the Company will also receive a percentage of the commission that VIP collects from the resort as a result of the booking.