PITTSBURGH, PA -- September 7, 1999 --Internet video search company MediaSite, Inc., (formerly ISLIP Media, Inc.) the leading supplier of software and services to create searchable, Web-based video and audio MediaSites, today announced breakthrough pricing, tools and services that now bring searchable video website creation to a broad range of organizations, from large corporations to small businesses.

Now, searchable video is accessible to video portal providers as well as organizations in the advertising, broadcasting, cable TV, entertainment, medical and training markets. The new tools, services and price reductions make it simpler than ever to put searchable video on the Web, while still retaining industry-leading speech recognition, language and image understanding technologies.

For as little as $1,500, organizations can now put their searchable video on the Web with new Branded MediaSites™, ideal for organizations that want to outsource searchable video creation while still maintaining their own identity and branding. Also announced is dramatically reduced pricing (80% less) for existing MediaSite video creation, hosting and search tools for content providers producing searchable video sites themselves. Newly offered MediaSite SDKs™ (Software Development Kits) allow developers to easily integrate MediaSite technology into their offerings.

"Since pioneering searchable video websites with the launch of the MediaSite.net portal earlier this year, we have seen tremendous demand for searchable video websites from a wide range of organizations," said John Zappa, vice president of marketing, MediaSite, Inc. "Now, we are continuing our leadership in the searchable video field by offering new pricing and products designed specifically for the Web by offering both large and small organizations even more options for putting their searchable video online."

Introducing Branded MediaSites: Offered for as Little as $1,500
Branded MediaSites are ideal for organizations that want to outsource the creation and management of their searchable video sites, but want to maintain their existing corporate identity. With Branded MediaSites, content providers can retain the look and feel of their website while seamlessly linking to a custom-developed searchable Branded MediaSite. Customers can send their film, tape or digital files to MediaSite, and their video is processed and made available online.

Breakthrough Web-Based Pricing Reduced by over 80% -- Scales with Users’ Needs
MediaSite creation, hosting and search tools are offered at reduced pricing that still includes advanced MediaSite speech, language and image technology. MediaSite Logger™ and Builder™ creation tools are available for as little as $3,500. MediaSite WebFinder™ server is priced per user for small sites and per CPU for large sites, resulting in huge savings for large websites. MediaSite WebFinder client, enabling search and retrieval using standard web browsers, is available at no cost.

New MediaSite SDKs (Software Development Kits)
For developers wanting to incorporate searchable video into their custom application, MediaSite SDKs are offered. SDK interfaces and plugins make the task of adding searchable video to applications flexible and easy. The MediaSite Cataloging SDK includes interfaces for incorporating MediaSite Logger and Builder functionality into applications. The MediaSite Search SDK includes components for integrating searchable video into custom web pages and applications.

MediaSite Solutions: Create It, Host It, Find It
Creation Tools and Services: MediaSite Logger and Builder are the most advanced content creation tools available, integrating speech recognition, image and language understanding technologies to catalog and index video. MediaSite creation is also offered as a part of the Branded MediaSite service.

Hosting Tools and Services: MediaSite Database Server, MediaSite Video Server and MediaSite Web Server allow organizations to manage and play video. MediaSite hosting is also offered as part of the Branded MediaSite service.

Search Tools: MediaSite WebFinder enables users to search the text, images and audio within video from Web browsers, and purchase video using V-commerce™ (Video e-commerce) capabilities.

Pricing and Availability
Branded MediaSites are available now and are priced from $1,500. MediaSite Logger is priced from $3,500 and Builder is priced from $6,900. Logger and Builder are available now. MediaSite Database Server, Web Server and Video Server are available now and priced according to capacity. MediaSite WebFinder server is available now and is priced per user or CPU. MediaSite WebFinder client software is available now at no cost. MediaSite SDKs will be available by the end of Q3, 1999.

About MediaSite, Inc.
MediaSite, Inc. is the leading developer of software, systems and services to create searchable video and audio MediaSites. The company builds custom, Branded MediaSites, which offer searchable video with V-commerce purchasing. The MediaSite System is a core set of software, systems and servers required to develop a superior MediaSite. MediaSite also operates a Web site (www.mediasite.net) offering a complete, turnkey solution. With MediaSite solutions, video becomes as searchable as text. The unique feature of the MediaSite technical approach is the integrated application of speech recognition, language understanding and image understanding technologies. For more information, visit www.mediasite.com.