- Solution Incorporates Rich Media into Key Business Processes -

Pittsburgh, Pa., March. 9, 2001 - MediaSite, Inc., the global pioneer in providing automated rich media publishing and management solutions, today announced the next generation of multimedia communications with the addition of a Rich Media Viewer. With this product MediaSite sets a new standard for out-of-the-box functionality in any video publishing solution. The new suite extends the company's market-leading technology - MediaSite Publisher, WebFinder, and the Search Development Kit - to seamlessly integrate rich media consumption into business processes.

The new product suite will address the need to synchronize time-based rich media, including text, audio, or video with traditional presentation files and business documents for improved communications.

"The key to success in this space is our ability to solve problems, generate new revenues for our customers and cut operating costs to significantly improve their margins," said Vinay Mehra, Chief Executive Officer of MediaSite.

The MediaSite solution, including integration with Microsoft PowerPoint, provides easy to use departmental publishing for corporate training and marketing. Support for XML enables data sharing between MediaSite's products and other systems, such as content management, and e-learning. In addition, the Search Development Kit allows end-users to take full advantage of the enhanced navigation functionality, a hallmark of MediaSite technology.

"MediaSite's breakthrough solution enables us to effectively communicate, promote and present our telecommunications management software to our prospective customers, partners and new hires," said Razi Imam, Vice President, Marketing and Business Development, CoManage Corporation. "At CoManage, we produce a highly feature-rich software product with varied benefits for different types of customers and partners. MediaSite's solution helps us convey key product points in an easily understandable fashion with an engaging, multimedia flair. This dramatically enhances and simplifies our marketing, business development and training processes."

About MediaSite, Inc.

MediaSite is the only provider of enhanced streaming tools that enable users to view time-based rich media faster than real-time over the Web. MediaSite's patented technology and tools deliver quantum gains in automated workflow, search and navigation helping organizations realize the full potential of their rich media resources. The Company is headquartered in Pittsburgh, Pennsylvania, with offices throughout the U.S., Canada, Asia and Europe. Founded in 1997, MediaSite derived its core technology from a Carnegie Mellon University research effort funded by leading government agencies and private corporations, including Bell Atlantic, Boeing, CNN, Intel and Microsoft. Today, MediaSite has customers in the media and entertainment, financial services, consumer products, government and advertising industries in the U.S. and abroad. Additional information about the company and its product offerings is available at www.mediasite.com.

Contact:

Elizabeth Taaffe
MediaSite
412.288.9910
elizabeth@mediasite.com