VastVideo and Winstar TV & Video Enter Licensing Agreement for 150 Wellness Titles

Business Wire, July 25, 2000

Business Editors

NEW YORK--(BUSINESS WIRE)--July 25, 2000

VastVideo, the leading business-to-business provider of Video Applications, Services and Technology, and Winstar TV & Video, today announced a licensing agreement that allows VastVideo to license over 150 video titles from Winstar TV & Video's collection of wellness titles. This new catalog joins the tens of thousands of additional video titles already offered through VastVideo.

Covering popular subjects including meditations, feng shui, tai chi and yoga, and featuring well known wellness and spirituality experts, the titles are part of Winstar TV & Video's Wellspring label and offer practical information for viewers interested in mind, body and spirit wellness techniques. Winstar TV & Video's Wellspring catalog is a leader in its category, featuring such renown wellness experts as Deepak Chopra, Dr. Andrew Weil and Dr. Wayne Dyer.

The video footage will be edited and digitized by VastVideo for effective distribution via the Internet and video clips will be streamed to VastVideo's client sites.

"The widespread interest in pursuing well-being through meditation and spirituality, combined with the popularity of heath Web sites, makes this a very valuable addition to our rapidly growing list of informational video titles," said Nathan Leight, CEO of VastVideo. "Winstar brings us compelling topics, top-name talent, and engaging video that is perfectly suited for the Internet."

VastVideo edits video clips to deliver a complete message in less than three minutes and give users an introduction to the title. The clips provide information to Internet users in keeping with the subject matter of the sites they visit. The video files are indexed to makes clips searchable by content and to enable unique advertising and e-commerce opportunities.

"Winstar TV & Video's non-exclusive licensing agreement with Vast Video makes the best of our wellness programming available to a wider audience in the most cutting-edge format, said Winstar TV & Video senior vice president Michael Olivieri. "We are confident that VastVideo, with its solid business-to-business syndication concept and talented management team, will find many innovative ways to enrich their clients' Web sites with our Wellspring label's best-of-breed content."

About Winstar

Winstar TV & Video, an operating unit of Winstar New Media, is a leading independent distributor of foreign language and American art house films, as well as documentaries and other non-theatrical programming. Winstar TV & Video is comprised of five operations that include Winstar Home Video, Winstar Worldwide, Winstar Direct, Winstar Productions and Winstar Cinema. The company's four distinct programming labels include Wellspring Media, Fox Lorber Films, Fox Lorber CentreStage, Winstar Home Entertainment.Winstar New Media is subsidiary of Winstar Communications, Inc., a leading broadband services company that is based in New York City.

About VastVideo

VastVideo, Inc. was founded in 1999 by Terrapin Partners LLC (www.terrapinpartners.com) and is the leading business-to-business provider of Video Applications, Services and Technology. VastVideo's licensing program continues to add to its enormous library of informational, special interest and non-theatrical video content. The library currently exceeds 11,000 titles, covering all areas of interest. VastVideo digitally edits the videos into clips. Then, using CAS(TM), our proprietary triggering software (Contextual Assignment System), we catalogue and monetize the clips, linking them with contextual advertising, promotions, and e-commerce functions for high quality, user-requested video streams on our customers' Web sites. Our customers are the universe of Web businesses and corporations with a Web presence. Our end product is customized for each customer as a transparent, revenue-generating, turnkey solution.

Winstar video titles licensed by VastVideo include:

Alan Watts: The Art of Mediation
Aromatherapy with Valerie Ann Worwood
Caroline Myss: Three Levels of Power and How to Use Them
Deepak Chopra: Explorations into Consciousness
Deepak Chopra: The Seven Spiritual Laws of Success
Dr. Andrew Weil: Eating for Optimum Health
Dr. Wayne Dyer: Improve Your Life Using the Wisdom of the Ages
Edgar Cayce on Practical Spirituality
Feng Shui
Huston Smith: The Mystic's Journey Gift Box Set
Joseph Campbell: Mythos - Psyche & Symbol
Joseph Campbell: Mythos - The Inward Path
Kundalini Yoga with Grace and Strength
Meditation Tool Kit
Natural Pain Relief
Qi Gong For Health
Satori
Stephanie Foster Beginners and Intermediate Yoga
Tai Chi: 6 Forms
Tibetan Book of the Dead : Part One: A Way of Life
Tibetan Book of the Dead : Part Two: The Great Liberation
ZEN: the Best of Alan Watts