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BroadcastDVD to Distribute 360-degree Movies From the World's Top Film Festivals

An iPIX(TM) Movie is taken with a film or digital video camera which uses fisheye lenses to capture all 360-degrees of a scene. The final result is a streaming video in which viewers can use their mouse to choose their own perspective. For example, BroadcastDVD will be able to place an iPIX-equipped movie camera in the middle of the action and viewers will choose which star to watch independent of any other viewer, looking from floor to sky. In addition to video, computer generated graphics can be incorporated to enhance the visual impact or to add additional information.

``With iPIX(TM) Movies, we'll be the first to give DVD users an interactive moving picture experience. FILM-FEST subscribers will have a virtual ticket to the best film festivals in the world, from interactive interviews to tours and more,'' said James Volk, president and CEO of BroadcastDVD. ``This is a wonderful opportunity to get our FILM-FEST subscribers more involved, and to actually allow them to personally tailor the content we create-and this is just the beginning of what we'll be able to offer with iPIX(TM) Movies.''

``BroadcastDVD is pioneering the use of DVDs as a broadband format, and we are thrilled to help them add iPIX(TM) Movies to their selection of innovative new media content,'' said iPIX CEO Jim Phillips. ``We're expecting to see all kinds of imaginative new iPIX(TM) Movie features from BroadcastDVD.''

About iPIX(TM) Movies Production

iPIX develops 360-degree imaging technology and also oversees certification and training programs to ensure that iPIX Movies customers receive the highest quality content. Leading movie producers including The Collective, Rise International, Platypus Productions and post-production companies, including Tape House, Laser Pacific, POP.com and Sunset Post, have partnered with iPIX to become the first certified creators of iPIX(TM) Movies.

Pricing and Availability

BroadcastDVD's FILM-FEST is published quarterly, features two hours of content per issue, including iPIX(TM) Movies, and is distributed on DVD. Subscribers receive four issues for $19.95. Additional iPIX(TM) Movies will be available from certified producers and post-production houses within the year.

About iPIX

iPIX provides global visual content and infrastructure for leading e- commerce and new media Web sites. The iPIX end-to-end solutions enable the creation, hosting and distribution of rich visual content to thousands of Internet sites. A broad array of industries, including real estate, e-retail, automotive, travel, publishing and entertainment are capitalizing on iPIX visual content to give viewers more information, more interaction and a richer online experience. The company is headquartered in Oak Ridge, Tennessee with co-headquarters in Palo Alto, California.

Internet Pictures and iPIX are trademarks and service marks of Internet Pictures Corporation.

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. Statements concerning the implementation of Internet Pictures Corporation's services and the benefits expected to result from those services constitute forward-looking statements and are based on current expectations. Actual results may differ materially from those projected in the forward- looking statements. The matters discussed in this press release also involve risks and uncertainties described from time to time in Internet Pictures Corporation's filings with the Securities and Exchange Commission (SEC). In particular, see ``Risk Factors'' in the proxy statement included in the Registration Statement on Form S-1 filed with the SEC on March 17, 2000 (www.sec.gov).

SOURCE: iPIX