Santa Monica, Calif., June 13, 2002 (PRIMEZONE) -- InternetStudios.com, Inc. (Pink Sheets:ISTO), a leading provider of business solutions for the television & filmed entertainment industries, is pleased to announce that it has entered into a marketing partnership with The DISCOP Organization, a leading producer of TV industry business events aimed at emerging television marketplaces, to develop an enterprise version of the company's OnlineFilmandTVSales platform (OFTVS). The new service entitled DISCOP+ will be integrated into the existing DISCOP(tm) website at www.discop.com and made available to the DISCOP community later this month.
"This partnership with InternetStudios(r) underscores our support of the Internet as an efficient medium to facilitate business for the television professional, as well as our belief in the value of the InternetStudios' platform," said Patrick Jucaud, General Manager, of The DISCOP Organization. "We expect this new service to be well received by our customers in the television industry and look forward to a successful relationship with InternetStudios."
The joint venture will provide broadcasters, distributors and buyers of television content with an online marketplace in which to preview, select, and acquire television programming available for non-peak programming hours in a secure environment. The target markets to be served by the DISCOP+ solution are estimated to be worth between $300 and $500 million dollars per year.
DISCOP+ will be unveiled during the 10th DISCOP Program Showcase to be held in Budapest (June 27-29) -- a television content market attended by 120 International sales organizations and 350 major broadcasters and Pay-TV services from 41 fast-developing countries. Indexed by various categories and genres, the high-performance site will offer Buyers easy access to television content at below general market value and will provide Sellers with a cost effective means of promoting their Television properties to a base of interested and targeted Buyers.
"We are very excited to be working with The DISCOP Organization and for this opportunity to share our experience and technology by way of this joint venture. The DISCOP+ branded enterprise solution, will make it feasible for television professionals in emerging marketplaces to conduct business more effectively," noted Rob Maclean, Chairman of InternetStudios.
About InternetStudios - www.internetstudios.com
InternetStudios, Inc. (Pink Sheets:ISTO) headquartered in Santa Monica, California, is a leading provider of web-based services for the entertainment industry. InternetStudios, owns the most advanced and proprietary online platform (OFTVS) for the transaction of film and television rights globally. For more information about the InternetStudios OFTVS platform, visit www.oftvs.com.
About DISCOP - www.discop.com
The DISCOP Organization facilitates business targeted at +/- 500 major Broadcasters and Pay TV services operators from 41 fast-developing countries located in Central & Eastern Europe, Caucasus, Central Asia and certain parts of the Middle and the Far East. DISCOP is managed by Key3Media East, a division of the Key3Media Group, Inc., (NYSE:KME) the world's leading producer of information technology tradeshows (COMDEX) and conferences, serving more than 6,000 exhibiting companies and 1.5 million attendees through 60 events in 18 countries.
FORWARD-LOOKING STATEMENT DISCLAIMER:
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.