NetRadio.com and INTERVU Align to Deliver World Class Streaming Media Experience to Music Lovers; New Agreement Represents One of INTERVU's Largest Customers

Business Wire, Jan 12, 2000

Business, Technology & Entertainment Editors

MINNEAPOLIS and SAN DIEGO--(BUSINESS WIRE)--Jan. 12, 2000

NetRadio.com(TM) (Nasdaq: NETR), a leading broadcaster of originally programmed audio entertainment over the Internet, and INTERVU Inc. (Nasdaq: ITVU), the leading service provider for Internet audio and video delivery solutions, today announced an alliance to distribute NetRadio.com's 120 channels of originally programmed music content to NetRadio's broad base of online music fans.

"INTERVU has proven it has the experience and resources to take on this enormous distribution challenge," said Richard Hailey, NetRadio.com's chief technology officer. "We have been running test streams on INTERVU's distributed network infrastructure for some time now, and they have shown a strong understanding of the technical challenges surrounding streaming media. NetRadio.com is one of the largest streaming audio content providers on the Internet, and we're excited to work with a company that has helped raise the standard in high quality delivery of RealNetworks G2 streams."

NetRadio.com's site connects with music enthusiasts through 15 interactive music communities ranging from Jazz, Modern Rock and New Age to Vintage Rock and Classical. With NetRadio.com's On-Screen Player, listeners can see the title and artist of every song as it plays. Users can simply click at any time to seamlessly purchase what they're hearing from an inventory of more than 250,000 music titles and 1 million sound samples at NetRadio.com's on-line music store.

"We are pleased to have been selected by NetRadio.com to host and deliver its extensive music programming to millions of unique visitors," said Ed Huguez, chief operating officer of INTERVU. "Our new alliance with NetRadio.com represents one of the largest agreements INTERVU has closed in terms of revenue and network utilization. We are confident that our high quality streaming media services will contribute to NetRadio.com's success as one of the best places on the Web to explore music."

Ed Tomechko, NetRadio.com's chief executive officer, stated, "Through our alliance with INTERVU, NetRadio.com will have the ability to improve the quality and availability of streams to meet the demands of our customers, while reducing a significant portion of our streaming costs."

During the last twelve months, the portion of Web users that have listened to radio over the Internet has soared from 18% to 30% - an estimated 32 million Americans. NetRadio.com capitalizes on this rapid growth through its ability to attract a large, diverse audience through compelling multimedia content and retain them on a site for extended periods of time. Every month, more than 1.1 million unique listeners access NetRadio.com's more than 120 channels of music and information on demand, 24 hours a day, seven days a week and spend more than one and a half hours per visit.

The combination of NetRadio.com's unique programming capabilities with INTERVU's patented, high-performance streaming media network, offer NetRadio.com's visitors an engaging, high quality experience that is unparalleled in the industry.

About NetRadio.com

NetRadio Corporation is headquartered in Minneapolis, Minnesota. Through its more than 120 channels of music and information, NetRadio.com provides its advertising and marketing partners with the ability to reach focused segments of users defined by specific demographic and lifestyle characteristics. In addition, NetRadio.com allows advertisers to utilize the combined strength of audio messaging with banner advertising, closing the loop between message and action.

NetRadio.com is a registered trademark of NetRadio Corporation. For more information about NetRadio.com call 612-378-2211 or visit http://www.netradio.com.

Navarre Corporation and ValueVision International, Inc., are significant shareholders of NetRadio Corporation.

About INTERVU Inc.

INTERVU provides Web site owners and content publishers with services for the delivery or "streaming" of live and on-demand video and audio content over the Internet. INTERVU's services automate the publishing, distribution and programming of video and audio content. INTERVU's customers use its video and audio distribution services to transmit entertainment, sports, news, advertising, business communications, and distance learning content. INTERVU's current customers include CNET (Nasdaq: CNET), CNN (NYSE: TWX), Excite@Home (Nasdaq: ATHM), House of Blues, Investor Broadcast Network (formerly Vcall), Microsoft (Nasdaq: MSFT), MSNBC, NBC (NYSE: GE), Onradio.com, Quokka Sports (Nasdaq: QKKA), Saatchi & Saatchi (NYSE: SSA), Tunes.com and Turner Broadcasting. Additional information can be found at www.intervu.net.

Forward-looking statements contained in this press release are made under the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated. Such factors are described from time to time in NetRadio.com's prospectus dated October 14, 1999, in INTERVU's Form 10-K filed on March 30, 1999, and other reports filed with the Securities and Exchange Commission.