NEW YORK, April 10, 2000 — When the tragic shootings struck at a Pittsburgh McDonalds in March, Internet Broadcasting Systems’ (IBS) broadcast partner, WTAE-TV, was able to provide users with timely video footage of the drama as it unfolded, packaged with maps of the crime scene, an anthology of the drama’s events, and links to related stories. The Pittsburgh Tribune-Review praised, "an impressive effort by WTAE-TV’s new Web site, ThePittsburghChannel.com, which had news of the gunman’s capture three minutes after it happened."

Two new consumer choices in local video news from IBS — VideoBlast^TM and VideoSearch^TM – provided ThePittsburghChannel.com with the best video footage from Pittsburgh, archived for convenient access and packaged with up-to-the-minute editorial analysis. With the addition of VideoBlast and VideoSearch, all of IBS’ broadcast partners can maximize the power of their video footage enabling users access to the richest video experience and the most video choice available on the Internet.

Internet Broadcasting Systems (http://www.ibsys.com), the company leading the convergence of local television news and the Internet with its network of local Web Channels, today introduced two groundbreaking choices in video — VideoBlast and VideoSearch. IBS is already the leading Web-based provider of local video news, currently serving up to 85,000 video streams daily, and more than 20 million graphic page views per month, with local reporting and video teams across its network of local Web Channels.

Now IBS is driving the next video experience on the Internet with the addition of two new premier video services: VideoBlast and VideoSearch.

VideoBlast allows IBS’ Web Channels to offer integrated video running in synch with interactive editorial text and graphics. VideoBlast allows major stories to be packaged and presented with a depth of content not available from video alone.

• VideoSearch enables IBS’ Web Channels to provide users with customized, on-demand access to archived video stories across the entire IBS network. Users are able to search and retrieve archived video stories by date, topic or keyword. VideoSearch intelligently ranks the video stories found in the search and then presents synchronized video, graphics and text for each selected clip.

• Both VideoSearch and VideoBlast operate over narrowband and broadband technology, which enables the broadest universe of Internet users to have easy, immediate access to enhanced video newscasts.

IBS has introduced the new services in Los Angeles (www.channel2000.com), Cleveland (www.newsnet5.com), and Portland (www.channel6000.com) and is rolling it out across its entire network of 42 Web Channels.

"Migrating video from local television to our local Web site, Newsnet 5, marries the power of TV to be emotional and compelling with the strength of the Internet to be interactive and personal," said John Lansing, GM of WEWS Cleveland. "IBS video technology is the bridge to making that happen."

"This demonstrates the power of the IBS network and of local TV on the Internet. It allows us to offer our Web audience the most comprehensive local news online, including enhanced video stories and the most video choice available," said Tony Vinciquerra, Executive Vice President and COO of Hearst-Argyle Television.

"Our new video services keeps IBS and its broadcasting partners in the lead with the most immediate, interesting, interactive and integrated local news coverage online," commented Tolman Geffs, CEO of Internet Broadcasting Systems. "IBS is The New Network, and video – anytime, anyplace, in breaking stories and on demand, is a significant part of our leadership."

IBS is partnering with technology leaders to build and deploy these new video services across its network of local Web Channels. IBS is utilizing software from MediaSite to support its VideoSearch application. MediaSite’s technology is the first to automatically index, digitize, encode and post news segments, allowing IBS Web Channels to process and offer a tremendous amount of local video. Additionally, IBS is using technology from sofTV.net, a leader in emerging streaming media, for its VideoBlast application, enabling its Web Channels to deliver traditional video content in synch with fully interactive editorial and graphics. These partnerships provide IBS and its TV partners with the preeminent integrated local video solution available today.

Internet Broadcasting Systems, Inc. (IBS) is the first and largest network of local Web Channels — Web sites that combine the "must-know" local content of the dominant TV affiliate in a top market with a broad range of Web services, backed by extensive promotion from the station. With more than 20 million Web page views per month, IBS is launching local channels across a total of 42 markets, including 26 of the top 50, primarily with #1 or #2 ranked stations. In the last quarter alone, IBS has launched local channels in Pittsburgh, Cincinnati, Orlando, Sacramento, Toronto and Ottawa. IBS will debut later this spring in Boston, Houston, Detroit, Kansas City, West Palm Beach and three more cities in Canada. IBS is launching across 24 U.S. markets in partnership with Hearst-Argyle Television (NYSE: HTV), across six U.S. markets in partnership with Post-Newsweek stations, a division of The Washington Post Company (NYSE: WPO), and across Canada with the CanWest Global (NYSE: CWG) network. The IBS network of TV partnerships reaches 35 percent of U.S. households.

Since launching its first site in 1996, IBS has been recognized for excellence in online journalism by major organizations like the National Press Club, The Associated Press, and the Society for Professional Journalists. Other investors in IBS include InfoSpace (Nasdaq: INSP) and St. Paul Venture Capital.

For more information, visit www.mediasite.com.

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