( BW)(NV-MEDIA-&-ENTERTAINMNT)(MEDE) Media and Entertainment.com Inc. Offers Sneak Peak of its Advanced NetDVD Technology; Internet Video Streaming Technology Now as Clear as Broadcast Television

Business Editors/Entertainment and High-Tech Writers

LAS VEGAS--(BUSINESS WIRE)--April 22, 2002--Media and Entertainment.com Inc. (OTC BB: MEDE), a communications services company with a cutting edge technology for the entertainment industry, Monday announced that its advanced Internet streaming video product, NetDVD, is now live and the company is offering viewers a first-hand look at the new technology at www.nexcode.tv.
Media and Entertainment.com believes that its NetDVD is the world's fastest and clearest real-time video and audio compression methodology.
Several times faster than any other currently available delivery system, NetDVD permits the superb quality delivery of compressed digital content at between 24-30 frames per second, along with the optional 5.1 Dolby digital(TM) surround sound for either live video streaming or VOD.
"When you download our player/software it turns your computer into a server," explained Caesar Collazo, chief technology officer for Media and Entertainment. "You feed directly from server to server. The more people who use NetDVD, the more servers we create on our network. The network scales depending on popularity, growing its potential exponentially.
"Take for instance a live pay-per-view webcast event for over a million people. The question is: What if each person was a mirrored server? In theory you'd have a flawless PPV event. That is unheard of and that's why we believe this technology is so extraordinary."
NetDVD is built around a proprietary process that can be viewed using any popular player available today, including Apple QuickTime(TM), WindowsMedia(TM) Player and RealPlayer(TM). The application also offers flexible and scalable video streams to Pocket PCs, PDAs, Macintosh and Linux systems.
"NetDVD is the only methodology processing 30 fps for both VOD and live streams. People use the term 'live' too loosely on the Internet. They claim to be streaming live on the Internet when in reality they are only delivering VOD. Most streaming companies deliver blurry, mediocre and less than desirable video quality.
"People have become accustomed to the slideshow look of video streaming and believe that it's the limit of technology, that is until they see the NetDVD network. No other company can match the speed and clarity of our NetDVD system," stressed Collazo.
"NetDVD's first target users will be consumers that desire to control and share multimedia content over any network including the Internet," explained Roger Paglia, chief executive officer of Media and Entertainment.com Inc.
"Because our NetDVD application is so flexible and is capable of delivering packets via a LAN/WAN as well as over various Intranet infrastructures, the entertainment and broadcasting industries and the corporate market also stand to be early adapters. The market for this type of technology is expected to be huge."
NetDVD allows Internet users to view all types of video online in a full screen format, with the same high speeds and quality as television for the first time ever, 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 provides broadcasters with a secure solution to stream content from source to client.
"Media and Entertainment.com expects to generate revenues for itself from the sale of modules that can be integrated with NetDVD to create a massive solution," said Media and Entertainment.com's Chief Information Officer Nana Yalley.
"People can purchase plug-ins such as our corporate teleconferencing module or a PPV module for tracking subscribers. In addition, we are developing plug-ins to facilitate the review and approval of edits as well as the delivery of dailies.
"Our research and development division is also in the alpha stages of a proprietary software for the Avid(TM), Media100(TM), and other PC/NT-based editing workstations, scheduled for release in the very near future."

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 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 future growth of its business is expected to be facilitated through 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.