VisionGlobal-VIZG Contracts With SpectraSite for VisionZOOM Broadband Wireless Network Alpha Test; Finalization of Alpha Stage for VisionZOOM Network Rollout

Business Wire, June 23, 2000

Business Editors/High-Tech Writers

SAN FRANCISCO--(BUSINESS WIRE)--June 23, 2000

VisionGlobal Corporation, (OTCBB:VIZG) a very high-speed broadband wireless network solution provider, announced today a contract with SpectraSite Communications Inc., a division of SpectraSite Holdings, Inc. (Nasdaq:SITE) to lease tower space for completion of the VisionZOOM Alpha testing. The VisionZOOM primary site tower for Alpha testing is located in Salt Lake City, UT. This will provide the Alpha wireless platform and Broadband wireless link to VisionLabs prior to the Beta test and full rollout in the Greater San Francisco Bay Area.

"The VisionZOOM Alpha test will finalize the complete dimensions of a typical cell encompassing the primary and secondary sites coupled with end users," stated Joe Hipple, CEO of VisionGlobal Network Corporation. "SpectraSite is an excellent addition to our diverse and growing network of alliances as we continue to build a profile of our technology in the telecommunications industry."

The Alpha test tower is the first "live" site, which will be replicated throughout the VisionZOOM broadband wireless network. The larger deployment of these sites will begin with the Beta testing stage that is scheduled for later this summer in the Greater San Francisco Bay area and followed by full deployment in cities throughout the country and internationally. The VisionZOOM network will be built upon the existing cellular infrastructure, and will be housed in similar towers with the necessary robust power and security measures that the SpectraSite tower employs.

"After evaluating several potential Alpha sites, SpectraSite provided the ideal location, antenna structure and power needs that we require," said Jeffrey G. Ballif, CTO of VisionGlobal Corporation. "The importance of completing the Alpha stage without disruption to customers is critical prior to our Beta test. SpectraSite's breadth of experience in telecommunications and networking infrastructure helps to streamline our Alpha testing deployment as we continue our aggressive network rollout."

VisionGlobal plans to provide a very high-speed wireless solution with speeds of up to 36 Mbps to residential and business customers. This wireless network will first be rolled out in the Greater San Francisco Bay Area then to 60 additional markets in the U.S. and several internationally. As the call for broadband on demand continues to grow, VisionGlobal will be uniquely positioned to address the issue and deliver bandwidth and data-rich content directly to the end user. VisionGlobal will be focused on delivering its solution under the VisionZOOM banner directly to its own customers and also to ISP's as a very high-speed wireless Broadband product for their own respective client bases.

About VisionGlobal Corporation

VisionGlobal is preparing to market and deploy a 36 Mbps broadband very high-speed wireless solution to businesses, single-family homes, multiple dwelling units and portable users in over 60 cities throughout the United States and around the world. VisionGlobal is poised to meet the increasing demand for wireless connectivity with superior technology to become a leading network provider of broadband high-speed wireless solutions and services globally. For more information about VisionGlobal and the VisionZOOM solution, visit www.visionzoom.com.

About SpectraSite Communications, Inc.

SpectraSite Communications, Inc. (www.SpectraSite.com), based in Cary, North Carolina, is one of the leading providers of outsourced antennae site and network services to the wireless communications and broadcast industries in the United States and Canada. SpectraSite's business includes the ownership and leasing of antennae sites on towers, managing rooftops and in-building telecommunications access on commercial real estate, network planning and deployment, and construction of towers and related wireless facilities. SpectraSite owns or manages more than 15,000 sites, including 2,765 owned towers, in 98 of the top 100 markets in the United States. SpectraSite's customers are leading wireless communications providers and broadcasters, including Nextel (Nasdaq:NXTL), Sprint PCS (NYSE:PCS), AT&T Wireless (NYSE:AWE), VoiceStream Communications (Nasdaq:VSTR), Tritel Communications (Nasdaq:TTTL), Teligent (Nasdaq:TGNT), Winstar (Nasdaq:WCII), Cox Broadcasting (NYSE:COX), Clear Channel Communications (NYSE:CCU) and Paxson Communications (AMEX:PAX).

Any statements released by VisionGlobal Corporation that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties. Actual results may differ materially from such forward-looking statements as a result of risks and uncertainties that may affect the Company's business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological and other factors discussed in the statements and in the Company's filings with the Securities and Exchange Commission.