Developers of the First Ever PCTV Technology Featured on Key Music Industry News Site

Mi2N Highlights Media and Entertainment.com's NetDVD that Enables Users to View Internet Video at the Same Speeds and Quality as Television


LAS VEGAS, Dec. 21, 2001 (PRIMEZONE) -- Media and Entertainment.com, Inc. (OTCBB:MEDE), a rapidly growing leader in communications services for the entertainment industry, announced today that its Nexcode subsidiary's NetDVD(tm) technology has been featured on Mi2N, one of the foremost music industry news sites. The contents of the feature can be viewed at http://www.mi2n.com/search.php3

"Nexcode's state-of-the-art technology permits video to be broadcast online at 24-30 frames per second, without cumbersome downloading and buffering like other popular technologies such as Microsoft Corp.'s (Nasdaq:MSFT) Windows Media Player, Apple Computer Inc.'s (Nasdaq:AAPL) Quick Time or RealNetworks, Inc.'s (Nasdaq:RNWK) Real Player," said Roger Paglia, President and CEO of Media and Entertainment.com. "This means that Media and Entertainment will now be able to broadcast videos, commercials and movie trailers to online viewers at speeds that are faster than before."

NetDVD(tm) allows Internet users to view all types of video online in a full screen format, with the same high speeds and quality as television, without the need for expensive high-speed connections. The technology makes it possible to produce highly scalable, fault tolerant and fully integrated streaming of scheduled and live video. This high-performance solution offers easy access, a convenient web-based remote management console and a flexible structure. Above all, NetDvD(tm) provides broadcasters with a secure solution to stream content from source to client.

"Our NetDVD(tm) product offers content providers everywhere the most advanced Internet delivery system in history, while granting the end-user an abundance of creative tools and solutions on a cross-platform desktop," said Nana Yalley, President of Nexcode. "No other company can match the speed and clarity of our NetDVD(tm) system."

Mi2N is a leading news publisher and CSP (Content Service Provider) in the digital entertainment market. Over the past two years, it has established a reputation as a major news aggregator and provider with over 1,400 news releases and announcements each month from the major and independent players in the industry. Mi2N is part of a network of innovative music sites published by Tag It, a privately owned New Media firm founded in 1997, and consisting of industry trade e-Journal MusicDish (www.musicdish.com), the Latin music magazine, 'LA'Ritmo.com (www.laritmo.com) and Black Hole (www.yourblackhole.com), an urban music and culture site.

About Media and Entertainment.com

Media and Entertainment.com is a growth-oriented multi-faceted entertainment and technology company. The company provides a fully integrated advertising, media management and communications technology, and technology products to the entertainment, motion picture, music industry and global technology market. Media and Entertainment.com also offers broadcasters, motion picture studios and record labels the highest quality, multimedia broadcast networks at extremely competitive prices. The continued growth of its business is expected to be facilitated through further acquisitions of synergistic companies and through the formation of strategic partnerships and alliances.

This release contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.



            

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