EnterTech Media Group Enters Internet Distribution Agreement With SightSound Technologies; More Than 50 Movies to be Released for Download Delivery

Business Wire, Dec 15, 2000

Business & Entertainment Editors

LOS ANGELES--(ENTERTAINMENT WIRE)--Dec. 15, 2000

SightSound Technologies and EnterTech Media Group, Inc. announced today a distribution agreement for fifty movies, three of which will be available for download beginning today.

The first three titles are a myriad of features including the children's classic "Puss and Boots," the animated feature "The Legend of the North Wind," as well as "Across the Moon", starring Christina Applegate. The remaining programs to be released will consist of a multitude of genres, varying in length between 30 minutes and three hours. They will be available to rent from $1.99 to $3.99 and for sale from $5.95 to $9.95 and will be sold through www.entertechmedia.com and www.sightsound.com.

"We are pleased and excited to have concluded an agreement with SightSound and it clearly signals our intent to remain at the forefront of the Convergence Wave," stated Mark Tolner, President of EnterTech Media Group.

SightSound Technologies will encode and encrypt the selected programs, provide territorial rights management and digital distribution and process eCommerce transactions for EnterTech Media. All programs will be viewable with the Windows Media Player.

"The introduction of EnterTech Media Group's films to the Internet is an another example of how SightSound Technologies' system can deliver an extensive selection of entertainment to consumers," commented Scott Sander, President and CEO of SightSound Technologies.

Rich Allen, Vice President of New Media Development, negotiated the deal on behalf of EnterTech Media Group. Missy Gralish, Vice President of Corporate Services, represented SightSound Technologies.

About EnterTech Media Group

EnterTech Media Group, Inc. houses through its subsidiaries all of the physical distribution arm of feature films, including worldwide sales and production, merchandising, post-production and music. EnterTech Home Entertainment, Inc. is active primarily in the North American home video distribution markets, but is also engaged in the manufacture and sale of audio products and traditional publishing.

EnterTech Releasing Corporation is responsible for the North American theatrical distribution of EnterTech's higher profile productions and acquisitions; additionally, E.R.C. administers the sale and licensing of titles into the International and Television markets. EnterTech Picture Corporation is the feature film production arm of the Group, having been formed to pursue the creation of high profile pictures to drive the company's distribution activities. Under the direction of EnterTech Chairman, Oscar winning producer John Daly, the company's activities into original productions will concentrate on quality and commercial viability.

About SightSound Technologies

SightSound Technologies is a video and audio download and file-share electronic commerce company supporting the motion picture and music industries as they adopt digital distribution. SightSound Technologies provides its services to the motion picture industry through relationships with companies like Miramax Films, which will release twelve movies for download on Miramax websites; Comedy Central, which is distributing collectible episodes of "South Park;" and Metafilmics, the producers of Quantum Project, the first movie created exclusively for worldwide Internet distribution through SightSound Technologies. SightSound Technologies is also distributing movies for Franchise Pictures, Unapix Entertainment and more than 40 other independent producers.

SightSound Technologies continues to make Internet history. First in 1995 by selling the first music online; then in 1999, by renting the first full-length movie online and in summer of 2000, by releasing the first Internet feature film.