ReelTime Announces Internal Testing for Final Phase of Beta Test


SEATTLE, Feb. 1, 2005 (PRIMEZONE) -- Reeltime Rentals, Inc., (Pink Sheets:RLTR) announced that the Company has begun internal testing of its Phase III Beta Version of the Rental-On-Demand Client in preparation for adding selected public testers toward the end of February 2005. Potential testers can register online at ReelTime's website www.reeltimetv.net. Testers will be selected randomly from a broad base of applicants to ensure a range of locations and system requirements to address compatibility and stability issues.

The objective of this phase of testing is to confirm the company's systems are functioning as intended end-to-end, and validate the IRDS infrastructure in North America. Servers will be load tested and software proofed for stability. This process will allow ReelTime to verify the high level of quality that our original testers have experienced, and our growing fan-base is expecting.

In North America, distributed Super-Node systems will be responsible for handling customer requests and maintaining a high level of service. This regionalized testing will provide the base launching point for future roll-outs in overseas markets.

ReelTime Chief Executive Officer, Alex Stanczyk comments, "This phase of testing is critical, as this version of our software is very close to what will be released when we launch. Our technical development team has been working around the clock to ensure the experience provided to our testers is outstanding. The results of this test will allow us to fine tune anything we need to, and confirm we are ready for a nationwide commercial launch. This is a very exciting step for us, and it brings us that much closer to a much anticipated roll-out of our Rental-On-Demand service."

About Reeltime Rentals, Inc.

Reeltime Rentals, Inc., Headquartered in Bellevue, Washington, has developed revolutionary technology that streams high-quality media content direct to broad-band consumers nationwide. Customers will have access to thousands of DVD-quality full-screen movies and other video content, without the hassles of going to the video store or mailbox, nor the added expense of late fees. ReelTime offers a unique, new, and convenient approach to renting content at home or elsewhere. ReelTime's technology brings high-quality video content direct to consumers, while taking unprecedented measures to combat the threat of piracy. Technology acquired from Innovative Communications Technologies, Inc. forms the basis for ReelTime's Intelligent Rapid Delivery System (IRDS).

For more information on Reeltime Rentals, Inc. you may visit our web site at www.reeltimetv.net.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing, and evaluation of products, and other risks detailed from time to time in the Company's filing with the Securities and Exchange Commission.



            

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