Leading Merrill Lynch, Morgan Stanley Analysts Join Investrend Panel 
For 1st Streaming Media Sector Analyst Forum Tuesday Morning at Hilton

Forum is moved to Penthouse West Suite to accommodate attendance; 
Streaming Media Alliance Organizational Session scheduled today at 6 p.m.


NEW YORK--(BUSINESS WIRE)-June 12, 2000- Two leading analysts from Morgan
Stanley Dean Witter and Merrill Lynch will discuss "Special Opportunities
for Investment in Streaming Media" at Investrend Forum's 1st Annual
Streaming Media Sector Analyst Forum Tuesday morning, June 13 at the New
York Hilton, featuring a keynote by streaming media expert Seamus McAteer,
Director, Web Technologies, Jupiter Communications (NASDAQ: JPTR - news),
http://www.jup.com, leading sector professionals, and presentations by
On2.com, Inc. (AMEX: ONT - news), Loudeye Technologies (NASDAQ: LOUD -
news), OptiBase Ltd. (NASDAQ: OBAS - news), Streamedia Communications, Inc.
(NASDAQ: SMIL - news), Visual Data Corp. (NASDAQ: VDAT - news) and Network
Appliance, Inc. (NASDAQ: NTAP - news) - all joined for one-on-one breakouts
by special Alliance and Forum sponsors Medialink (NASDAQ: MDLK - news),
Viewcast (NASDAQ: VSCT - news), and Medium4.com (AMEX: MDM - news) and
conference videocaster NetVideoNetworks, a subsidiary of 5th Avenue Channel
(NASDAQ: FAVE- news).

The panelists, Sofia Ghachem, Analyst, Merrill Lynch http://www.ml.com/,
and Myles Davis, Entertainment Analyst, Morgan Stanley Dean Witter
http://www.msdw.com/., join professional Streaming Sector specialists such
as David J. Cummings, Managing Partner, Agile Equity, LLC
(http://www.agileequity.com), David Andelman, former Bloomberg, New York
Times and CNBC correspondent, and now Editor-in-Chief, Small Cap Center
(http://www.smallcapcenter.com), Dr. Ray Ivatt, VP, Technology, Watson
International (http://www.watson-international.com) and Eric Rhoads,
Chairman and CEO of Streamline Media and Publisher, Streaming Magazine
(http://www.streamingmagazine.com/) on the program. The session is chaired
by D. Terence Jones, Esq., Partner, Wiggin & Dana; Counsel, Streaming Media
Alliance Organizing Committee (http://www.wiggin.com/).

The investment forum (http://www.tradeshownews.com), presented by
Investrend Analyst Forums (http://www.investrend.com) and the Streaming
Media Alliance, Inc. (http://www.streamingmediaalliance.org - under
construction), is co-sponsored and will be webcast live by Investor
Broadcast Network at http://www.investorbroadcast.com, and also at
http://www.investrend.com and many of the websites of participating
companies. It will be videocast by http://www.NetVideoNetworks.com/.

Scheduled from 8 a.m. to 1:00 p.m. in the Penthouse West Suite of the New
York Hilton (where it has been moved to accommodate a larger attendance,
with a 7:45 a.m. continental breakfast sponsored by Viewcast, it will be
moderated by Gerald F. LaKarnafeaux, CFA, VP, Investrend Research.
Analysts, brokers and investors registering at Streaming Media East may
visit the industry's largest trade exhibition immediately following the
program.

"Since announcing this Forum, we have seen a greater market recognition of
this unique subsector of Internet and Technology', said John Dutton,
president of Investrend Research, and the purpose is to provide the
presenting companies as well as the entire 70-plus company sector with a
higher visibility so that they may be traded on their own longer-term
merits rather than subjected to the volatility which accompanies the larger
Internet sector."

Attendance is free to investment professionals and investors with business
cards, although registration at the mezzanine-level exhibition is $40 on
site. Full details may be found at http://www.investrend.com.

Speakers representing the presenting companies are as follows: On2.com
(Amex: ONT) (http://www.on2.com/), Douglas A. McIntyre, President and Chief
Executive Officer; Visual Data (Nasdaq: VDAT) (http://www.vdat.com/), Randy
S. Selman, President and Chairman; Loudeye (Nasdaq: LOUD)
(http://www.loudeye.com/), David Bullis, President and Chief Operating
Officer; OptiBase (Nasdaq: OBAS) (http://www.optibase.com/), Ran Eisenberg,
CEO; Streamedia (Nasdaq: SMIL) (http://www.streamedia.net/), James D. Rupp,
President and CEO; and Network Appliance (Nasdaq: NTAP)
(http://www.netapp.com/), Kirk O. Knapp, Streaming Media Business
Development Manager.

About the Streaming Media Alliance:

The Alliance's 'Committee of 100' streaming industry leaders have scheduled
an open organizational session for anyone interested in Internet broadcast
in the Penthouse West from 6 p.m. to 7 p.m. today (Monday, June 12). The
suite is open from 3:30 p.m. to 9:30 p.m., with afternoon refreshments
sponsored by WallStreetResearch.org, and evening limousines for Members to
travel to various offsite parties sponsored by Medium4.com
(http://www.medium4.com/).

Medialink / Newstream (http://www.medialink.com/ and
http://www.newstream.com/) is sponsoring a reception at 5:45 p.m. until
7:45 p.m. during the Organizing Session and the entertainment by the
Screamin' Streamin' P'Jammers, an impromptu industry ensemble.

The organizing session will be taped by Xportical, Inc.
(http://www.xportical.com/) and shown later in the week at that site.

About Investrend Research:

Investrend Research is a wholly-owned division of Investrend
Communications, Inc., Investrend Research is a pioneering independent
securities research firm. Investrend is known for its research quality and
independence, and is not affiliated with any brokerage or investment
banking firm. Research on its website, http://www.investrend.com, includes
only research from professional, credible analysts, and does not inlude
newsletter or other non-certified sources.

Investrend Research products include:

* Investrend Public Analysis & Review (PAR). The firm's flagship product
serves the Street by providing institutional-quality, continuing coverage
available to thousands of 'research orphans' -- public companies with no
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* Investrend Distributed Research (IDR). To be unveiled in August at the
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Analyts provide the investment and merchant banking communities with
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Contact: 

John M. Dutton
Investrend Research / 213 929 2616
jmdutton@mediaone.net
http://www.investrend.com/

Dr. Ray Ivatt
Streaming Media Alliance, Inc.
Watson International / 415 567-6753
rivatt@watson-international.com
http://www.watson-international.com