Business Editors

LAS VEGAS--(BUSINESS WIRE)--May 7, 2002--

ICCC to provide live and video on demand solutions for broadband events using NetDvD streaming solutions

Media and Entertainment.com Inc. (OTCBB:MEDE), a communications services company with a cutting edge technology for the entertainment industry, Tuesday announced that it has signed a letter of intent for a joint venture with Integrated Communications Consultants Corp. (ICCC), gaining a nationwide fiber IP network for broadband video streaming.
ICCC is an established nationwide data carrier specializing in high-speed Internet access and secure data transaction. This partnership provides Media and Entertainment.com with a high-profile, new avenue to generate increasing revenues from its cutting edge NetDvD technology.
Media and Entertainment is combining its advanced NetDvD Internet streaming software with ICCC's smart build network in order to provide a smart delivery mechanism and reliable end-to-end IP network solution for live and video on demand (VOD) broadband events. Its NetDvD software solution provides the industry's highest available quality, speed, and functionality for streaming media.
"ICCC's smart build fiber network provides us with a reliable and robust IP network that can be quickly and easily implemented within an open architecture environment to accommodate the various bandwidth requirements necessary for broadband events," said Roger Paglia, chief executive officer of Media and Entertainment Inc.
"Keeping in mind that this market is expected to grow exponentially, both Media and Entertainment and ICCC are contributing unique strengths and resources to our joint venture. This exciting, new, value-added broadband service is expected to generate enormous opportunities for everyone, from our customers and shareholders to the Internet economy as a whole."
NetDVD allows Internet users to view all types of video online in a full screen format, with very high speeds and superb quality, yet at a greatly reduced cost since there is no 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.

About Integrated Communications Consultants Corp.

Based in Los Angeles, Integrated Communications Consultants Corp. is a full-service, facilities-based, nationwide data carrier that specializes in providing high-speed Internet access and secure data transaction solutions for small- and medium-sized businesses. Solutions include T1's, Integrated T1's for voice and data, VPN, VoIP, and Managed Exchange Solutions.
ICCC is unique as a self-financed, profitable, privately held Communications Service Provider that has experienced consistent, rapid growth since its inception in 1998.

About Media and Entertainment.com

Media and Entertainment.com is a growth-oriented multifaceted entertainment and technology company, providing fully integrated advertising, media management/communications technology, and Internet technology related 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 services at extremely competitive prices. The continued growth of its business is expected to be facilitated through further acquisitions of synergistic companies, as well as through the formation of new strategic partnerships and alliances.

This release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including the company's ability to execute a Joint-Venture agreement and combine its software with ICCC's network and to provide highly scalable, fault tolerant and fully integrated streaming of scheduled and live video.
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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