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The first product to be created under this new alliance is the ``Discwasher DVD Audio and Video System Enhancer, model 1507,'' which incorporates a customized version of Unapix's Ultimate DVD along with Discwasher's proven DVD laser lens cleaner disc. The DVD Audio and Video System Enhancer will be marketed under the ``Discwasher Digital'' brand name and will be distributed to leading retailers in the USA, such as Best Buy and Circuit City, and Future Shop in Canada.

The Ultimate DVD version that Unapix created for Discwasher includes Home Theater Calibration Tools along with demonstration material that is useful in setting up, evaluating and maximizing the performance of DVD Players, Televisions and Home Theater Surround Sound Systems. Additional products in development include another DVD consumer product and an audio product to be marketed under Recoton's AR®/Acoustic Research® brand name.

This Discwasher product is a customized version of Unapix's Ultimate DVD Collection, which showcases the sights and sounds of such artists as Alan Parsons, Mickey Hart of the Grateful Dead, Tangerine Dream, Thomas Dolby, Jan Hammer, Paul Speer and Scott Rockenfield, as well as films originally presented in IMAX theaters. The Ultimate DVD Collection also includes numerous innovative features, such as enabling users to listen to documentary films in eight languages, access to seven angles on the fly, surround sound options including Dolby and DTS, Parental Lockout Features, and the ability to view images in standard, anamorphic or letterbox formats. All segments can be accessed using full-motion video icons, animated menus and graphics. This latest version of the Ultimate DVD Collection was created based on the success of one of the all-time best-selling DVDs, the Ultimate DVD Demo, which to date has sold over 800,000 copies and was produced and distributed by Unapix Entertainment prior to this new release.

Richard J. Casey, executive producer of the Ultimate DVD and president of Unapix Enterprises, stated, ``We are very pleased to have signed this agreement with Recoton, one of the world's largest producers of consumer electronic accessories, and anticipate strong sales of this exciting product thanks to this new relationship. We also look forward to jointly developing additional products that appeal to the mass consumer market and to identifying new channels of distribution through which to sell our products.''

Commented Peter Mozes, senior product manager for the Discwasher brand of Recoton Accessories, ``Not since the beginning of this decade, when the CD Laser Lens Cleaner was first introduced by Discwasher, has there been such excitement and anticipation in the consumer electronics industry to an audio accessory and maintenance product like the DVD Audio and Video Enhancer. This powerful product, the first of its kind meant for mainstream America and not just high-end audiophiles, will revolutionize the way we experience home entertainment.''

About Unapix Entertainment

Unapix Entertainment, Inc. (AMEX: UPX - news), is a global entertainment company that distributes, produces and licenses market-driven feature films, television programming and special interest home video in all media worldwide, including the Internet and other new electronic media. For further information about Unapix Entertainment, please visit the company's web site at www.unapixent.com.

About Recoton Corporation

Recoton Corporation is a global leader in the development, manufacturing and marketing of consumer electronic accessories, loudspeakers and car audio products. Recoton's more than 4,000 products feature highly functional accessories for audio, video, car audio, camcorder, multi-media/computer, home office, cellular and standard telephone, music and video game products, and 900 MHz wireless technology headphones and speakers. They are sold under the AAMP®, Ambico®, Ampersand(TM), AR®/Acoustic Research®, Calibron®, Discwasher®, GameShark®, InterAct®, Parsec®, Peripheral®, Performance(TM), Recoton®, Rembrandt®, Ross(TM), Sole Control®, SoundQuest®, Stinger® and STD brand names(TM).

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the Company's operations, markets, products and prices, the inherent uncertainty of the film, television programming and audio tape and compact disc distribution business (in which success of a product depends upon unpredictable and changing factors such as competition and audience acceptance) and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

Contact:

     Lori Parks, VP
     Elisa Keys, VP-Media Relations
     Jonathan Gordon, Investor Relations
     Porter, LeVay & Rose, Inc.
     (212) 564-4700

     David Dreilinger, Co-President & COO
     (212) 252-7600
     davidd@unapixent.com
     Richard Casey, President, Unapix Enterprises
     rcasey@miramarupx.com