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Technology Stocks
Algorithm Media Inc. (VSE:AMI)

An SI Board Since September 1999

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Emcee: Bob Basil	Type: Unmoderated

Introduction Compact

This email-blast came over the wire this morning. Stock's up $0.16 to $0.78 this morning.

Algorithm Media Revenues Projected to Reach $10 Million
Following Initial DVD & HDTV Acquisitions
algorithmmedia.com

Algorithm Media Inc. (VSE:AMI) has announced it has signed letters of intent to purchase two Toronto companies: one company is involved in video replication and the other company is involved in video post-production. The combined revenue will be $9 million in 1999 with a profit of $1 million, on completion of the acquisitions.

Algorithm Media currently has 2,889,440 shares outstanding (Float is approx. 600,000 shares), with a P/E of 21 and EPS of $0.03.

The Company operates a profitable audio facility in Vancouver whose clients have included Moody Blues, Cher, Bon Jovi, Sarah McLachlin and Disney.

The Future Is Digital: DVD & HDTV

DVD has applications in film, music, games and corporate and educational areas and offers the best quality audio and video digital output. This technology has the fastest growth and market acceptance of any consumer entertainment format and the potential market is equivalent to current combined CD, CD-ROM and VHS sales. This market is estimated to be $50 billion annually by 2003.

Post-production for Film and TV is already a $1.7 billion Canadian industry. High definition TV (HDTV) is set to replace the current analog cable delivery system requiring all Film and TV content be digital. By 2006, the Federal Communications Commission requires all US broadcasters to use HDTV exclusively. Algorithm Media's management expects that the CRTC will likely follow suit. HDTV will drive the growth of the post-production industry, over the next ten years.

Growth through Strategic Expansion

With the addition of key management and directors to the veteran team of Algorithm Media Inc., the Company is now pursuing an aggressive growth strategy, targeting profitable and complementary acquisitions in the communication and entertainment fields. A highly fragmented marketplace allows many opportunities for consolidation. The Company plans to initially acquire two businesses that have a combined 30-year history serving the Canadian home video and post-production industries.

For more information visit the Algorithm Website at algorithmmedia.com
Or contact Investor Relations at 888-283-1015 or 800-664-2599

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