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Press Release

Snapstream Delivers TV Viewing Freedom To Colleges Across The U.S.
SnapStream Personal Video Station Software Brings TV Recording to Student PCs, Now Available for Review.

February 07, 2002 (HOUSTON) - SnapStream Media, a leading developer of digital entertainment software, today announced the release of its next generation television recording software, SnapStream PVS (Personal Video Station) 2.0. SnapStream represents a significant performance breakthrough in PC-based television recording and offers anywhere, anytime recording and viewing to university students across the United States. First featured in Bill Gates' keynote at the worldwide Microsoft Windows XP launch, SnapStream PVS 2.0 is low-cost, easy to install and use, and brings ultimate flexibility and convenience to television viewing and student schedules.

SnapStream lets a college student record favorite television shows, and then watch those shows anywhere on campus - from a friend's dorm room, in the computer lab across campus, on the wireless network in class, or from any device on the campus network.

"SnapStream is ideal for people who are frequently at their computer - or who rely on computing devices as a mainstay of their daily activities. Now, students can hook up their PC to their dorm room cable connection, record their favorite TV shows, and then watch those shows from anywhere on campus. If a student finds himself in the computer lab at 2:00 a.m., he can take a break and catch up on the latest episode of 'The West Wing' or 'The Simpsons.' It's simple, it's inexpensive - and it fits the hectic and varied schedules common in the university lifestyle," said Rakesh Agrawal, CEO and co-founder, SnapStream Media Inc.

SnapStream PVS, designed to record television for access on campus networks, home networks, PCs or Pocket PCs, is a low-cost consumer entertainment application. SnapStream allows users to record favorite television programs for anywhere, anytime viewing on portable devices such as laptops or PDAs. In contrast to expensive, dedicated hardware devices, SnapStream is an inexpensive add-on to the existing home PC, and enables and embraces the connected home paradigm by bringing television recordings to any network device.

The latest version of SnapStream PVS is now shipping - college technology or news editors interested in product reviews should contact the company at pr@snapstream.com.

About SnapStream PVS

SnapStream PVS puts the PC and television at the center of the connected home. SnapStream is an always-running service - meaning favorite TV shows are never missed. It quickly recognizes users and any assigned parental restrictions on recording. Increased stability, maximum network bandwidth and storage space, easy conversion and loading of digital files, and native burn-to-CD capabilities are all built-in features that support the significant entertainment power of this low-cost consumer application. As a market driver, the application leverages the power and familiarity of television to drive growth in home networking and Pocket PC markets.

About SnapStream Media, Inc.

SnapStream Media, Inc. is a leading developer of digital entertainment products based in Houston, Texas. SnapStream's vision is to create high-quality consumer entertainment experiences that leverage PC technology. The company's personal video recording (PVR) software, Beyond TV™ was called "dazzlingly cool" by the Los Angeles Times, referred to as "an idea whose time has come" by the Associated Press and declared "better than TiVo" by Maximum PC. Interested parties can find more information about SnapStream Media and its products at www.snapstream.com.

Contact Information

Christina Lee
Phone: 713-644-6240, x28
Fax: 713-644-3215
Email: pr@snapstream.com
Website: www.snapstream.com