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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),, leading sector professionals, and presentations by, 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 (AMEX: MDM - news) and
conference videocaster NetVideoNetworks, a subsidiary of 5th Avenue Channel
(NASDAQ: FAVE- news).

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

The investment forum (, presented by
Investrend Analyst Forums ( and the Streaming
Media Alliance, Inc. ( - under
construction), is co-sponsored and will be webcast live by Investor
Broadcast Network at, and also at and many of the websites of participating
companies. It will be videocast by

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

"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

Speakers representing the presenting companies are as follows:
(Amex: ONT) (, Douglas A. McIntyre, President and Chief
Executive Officer; Visual Data (Nasdaq: VDAT) (, Randy
S. Selman, President and Chairman; Loudeye (Nasdaq: LOUD)
(, David Bullis, President and Chief Operating
Officer; OptiBase (Nasdaq: OBAS) (, Ran Eisenberg,
CEO; Streamedia (Nasdaq: SMIL) (, James D. Rupp,
President and CEO; and Network Appliance (Nasdaq: NTAP)
(, 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, and evening limousines for Members to
travel to various offsite parties sponsored by

Medialink / Newstream ( and 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.
( and shown later in the week at that site.

About Investrend Research:

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John M. Dutton
Investrend Research / 213 929 2616

Dr. Ray Ivatt
Streaming Media Alliance, Inc.
Watson International / 415 567-6753