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

To: Ron who wrote (2715)	5/13/1999 11:27:00 AM
From: TickerHound	Read Replies (2) \| Respond to of 2843

Thursday May 13, 11:03 am Eastern Time Company Press Release SOURCE: WavePhore, Inc. WavePhore Previews Jamcast at E3; Enhanced Internet Entertainment Portal Delivers Games, Music, and Movie Files PHOENIX, May 13 /PRNewswire/ -- WavePhore, Inc. (Nasdaq: WAVO - news) will be previewing its new JamCast service at the E3 show in Los Angeles. JamCast provides computer game, music, movie, and TV fans with an enhanced web experience by supplementing the www.jamcast.com entertainment portal with a continuous stream of entertainment files broadcast via IP multicast and over the television airwaves. Users that don't want to wait for long downloads can receive JamCast files without tying up their phone line by using a low cost TV tuner card. Users that have an Internet service provider (ISP) that supports IP multicasting can tune in and receive the streaming data. WavePhore will demonstrate the capabilities of the system at the Los Angeles Convention Center (Booth 6207, Kentia Hall) during the show May 13 to 15. JamCast provides the hottest fat file downloads covering games, music, movies, and television. Users that are accustomed to waiting for hours to download large files such as game demos, MP3 music and movie clips will now have files waiting for them. In addition to delivering fat files, www.jamcast.com will also include reviews and feature articles. JamCast's initial content and e-commerce partners include some of the hottest names on the Web such as: Pseudo's AGN (All Games Network), Reel.com, Music Boulevard, barnesandnoble.com and UltimateTV. ''JamCast is our response to customers' demands,'' said David E. Deeds, Chairman, President and CEO of WavePhore, Inc. ''In building this entertainment portal utilizing IP multicasting and our existing broadcast technology we are able to be first to market with a product of this kind. By providing the most popular game and music files from the web, along with the ability to purchase them, JamCast creates a tremendous revenue generating opportunity for WavePhore.'' ''We are excited to be chosen as JamCast's premiere gaming content partner,'' said Scot Rubin, head of the All Games Network, AGN.com, a channel on the Pseudo network. ''JamCast allows us to broadcast our interactive video and game demos to users without the hassle of long downloads or net congestion.'' Pseudo.com is the worlds largest Internet TV Network, netcasting more than 60 hours of original programming each week. Pseudo reaches more than 10 million viewers monthly with 45 original shows on 9 channels. Pseudo-style netcasting is the future of broadcasting. JamCast will facilitate electronic commerce by allowing vendors to offer ''try and buy'' programs. The growing popularity of purchasing games, music, and other digital content over the Web will create great revenue opportunities for JamCast and its partners. The ability to deliver rich media files without the download delays associated with modems also allows advertisers to send more creative multimedia advertisements such as movie and video clips, games, software downloads and micro sites. HOW JAMCAST WORKS JamCast delivers streaming files two ways: via IP multicast and over the TV signal. JamCast broadcasts a continuous data stream over the Internet using IP multicasting. The number of ISPs that support IP multicasting is growing and will provide a great new capability to users with ''always on'' connections. Computers equipped with TV tuners and JamCast software transparently receive, decode and cache content without the bottleneck of the Internet or tying up a telephone line. The TV broadcast service uses WavePhore's proprietary data delivery system and national network distribution. The JamCast receiver can be downloaded at no charge via the Company's web site at www.jamcast.com, and will support all leading TV tuner cards. ABOUT WAVEPHORE WavePhore, Inc. (Nasdaq: WAVO - news) is in the business of moving media. It partners with the foremost providers of news, business data, Internet based content and multimedia programming to deliver selective intelligence and quality content to an information-dependent society. Additional information on WavePhore is available via the Internet at www.wavephore.com. PARTNER WEBSITES Pseudo's AGN: allgames.com Music Boulevard: musicblvd.com Reel.com: reel.com barnesandnoble.com: bn.com UltimateTV: ultimatetv.com Certain of the above statements regarding WavePhore constitute forward-looking statements, which may involve risks and uncertainties. Actual results could differ materially from such forward-looking statements as a result of a variety of factors, including, but not limited to, technology changes, competitive developments, industry and market acceptance of new products and services, and risk factors listed from time to time in WavePhore's SEC filings. SOURCE: WavePhore, Inc.