( BW)(CA-MEDE)(MEDE) Media and Entertainment.com and ICCC Execute Joint Technology Contract to Boost Content Delivery Over IP-Based Metropolitan and Wide Area Networks

Business Editors

BURBANK, Calif.--(BUSINESS WIRE)--July 30, 2002--

Companies to launch global network presence to facilitate high-end audio and video streaming solutions.

Media and Entertainment.com Inc (OTCBB:MEDE), a provider of customized solutions for digital Webcasting, announced today that it had executed a multi-phased technology deployment agreement with Integrated Communications Consulting Corporation (ICCC), that will enable customers to access streaming content over Internet protocol (IP)-based metropolitan and wide area network infrastructures.
"This joint venture supports our commitment to develop one of the world's largest distributed delivery networks, and gives our customers an enhanced end-to-end broadband experience with maximum agility to quickly deploy emerging network business solutions," said Roger Paglia, Chief Executive Officer, Media and Entertainment. "Our relationship with ICCC will enable our mutual customers to optimize their existing IP-based networking infrastructure to interconnect into a high performance network."
ICCC's high-speed backbone is an asset that makes content distribution services a natural next step in the company's corporate strategy to deploy broadband services for residential and commercial use worldwide.
"The result of this joint venture will be superior quality streaming media for end-users and for content providers," said Ivan Zweig Chief Executive Officer, ICCI. "The dial-up and broadband services that Media and Entertainment provides, combined with ICCC's robust backbone will result in a first-rate Internet broadcast experience."
"ICCC is building out one of the world's largest video streaming networks which will achieve its full potential by reaching Internet users throughout the nation," added Caesar Collazo, Chief Technology Officer, Media and Entertainment. "Because of their impressive Network capabilities, partnering with ICCC will help us provide content owners with the foremost streaming services available while also reaching the greatest number of consumers."

About Media and Entertainment.Com Inc

Media & Entertainment.com, Inc. is a technology/media company whose proprietary software, NetDVD Streamshare, enables users to view all types of video online in full screen format, at very high speed, superb quality, and greatly reduced cost, eliminating the need for expensive high-speed connections. The technology makes it possible to produce highly scalable, fault tolerant, fully integrated streaming of scheduled and live video.

This release contains forward-looking statements 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 enable customers to access streaming content over Internet protocol (IP)-based metropolitan and wide area networks; give its customers an enhanced end-to-end broadband experience with maximum agility to quickly deploy emerging network business solutions and to optimize their existing IP-based networking infrastructure to interconnect into a high performance network; ICCC's ability to achieve its full potential and allow the Company to provide content owners with the foremost streaming services available while also reaching the greatest number of consumers; the Company's ability to develop live and video on demand solutions, generate increasing revenues from its NetDvD technology, provide opportunities for ancillary income from additional services, have a very positive effect on overall revenues, helping to lay the foundation for significant earnings and future profitability of the Company; to provide their customers with a diversified array of interactive services on a flexible platform that will be widely deployed in the field. 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 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.