Medium4.com Invited To Co-Sponsor the First Annual Streaming Media Sector Analyst Forum on June 13th in New York City

Business Wire, June 12, 2000

Business & Technology Editors

Streaming Media Sector Analyst Forum

Streaming Media East 2000

NEW YORK--(BUSINESS WIRE)--June 12, 2000

Medium4.com(TM) (AMEX:MDM) -- the home of InternetOnlyTV(TM) -- announced today the Company will co-sponsor the First Annual Streaming Media Sector Analyst Forum, encompassing a unique group of more than 70 public Internet and technology companies, on June 13th at the New York Hilton. The forum will be webcast live by Investor Broadcast Network at www.InvestorBroadcast.com, and other websites of participating companies. For more information please call (212) 484-4747 or visit www.StreamingMedia.com to register online.

The conference, scheduled from 7:45 am to 1:00 pm in the Penthouse West Suite (45th floor), will feature a keynote by a streaming media expert, Seamus McAteer, Director of Web Technologies at Jupiter Communications (NASDAQ: JPTR), and presentations by other leading sector professionals, including David Andelman, former Bloomberg, New York Times and CNBC correspondent, and now Editor-in-Chief of Small Cap Center (www.SmallCapCenter.com) and Eric Rhoads, Chairman and CEO of Streamline Media and Publisher of the Streaming Magazine (www.StreamingMagazine.net).

The forum will be attended by many leading analysts, money managers, and other professionals from the most prominent investment firms and research boutiques in the nation, including Sofia Ghachem of Merrill Lynch & Company; Myles Davis of Morgan Stanley Dean Witter; Gerald F. LaKarnafeaux, CFA, of Investrend Research, who will moderate the proceedings; and Alan Stone of WallStreet Research (www.WallStreetResearch.org), who will present Medium4.com, Inc.

The analyst forum will be part of an industry exhibition, Streaming Media East 2000, the world's largest conference for Internet content providers of streaming video, audio and multimedia, held July 12-14th and featuring keynote presentations by top Internet executives, including Timothy E. Koogle of Yahoo! (NASDAQ: YHOO), Rob Glaser of RealNetworks (NASDAQ: RNWK), Michael Robertson of MP3.com (NASDAQ: MPPP), as well as Sam Donaldson of ABC News.

"We are exited to join the elite companies in our industry at this premier event," said Jonathan Braun, CEO of Medium4.com(TM). "This forum serves as a confirmation that many analysts see tremendous potential in our sector. Exposure to such a wide group of financial professionals presents an excellent opportunity to further improve our Company's visibility and presence on Wall Street."

Graham Cannon, President of Medium4.com(TM) added, "Our major presence at the Steaming East 2000 conference at the NY Hilton, June 12-14th demonstrates our leading position in the Internet television broadcasting industry. We look forward to meeting with industry professionals throughout the conference and are extending an invitation for all interested parties to visit our booth (Booth No. 1818 in the Main Exhibition Hall)."

The Medium4.com(TM) name reflects the transformation of the Internet into the fourth medium for television broadcasting -- after over-the-air TV, cable TV and satellite delivery systems. Across the Company's six networks, and over 70 distinct channels, Medium4.com(TM) is the Internet's leader in producing, aggregating and broadcasting rich, in-depth, on-demand video content unavailable on traditional, cable or satellite television.

The Medium4.com(TM) InternetOnlyTV(TM) networks include ForeignTV.com(TM) (www.foreigntv.com), StreamingUSA.com(TM) (www.streamingusa.com), NicheTV.com(TM) (www.nichetv.com), Medium4Music(TM) (www.medium4music.com), Medium4Film(TM) (www.medium4film.com) and Medium4Latino(TM) (www.medium4latino.com). Each of these utilizes Medium4's proprietary encoding technology creating a seamless streaming video experience.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Medium4.com's business, which are not historical facts, are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Prospectus and 10K report on file with the SEC.