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NAB Show Booth L12570 LVCC
NAB Show Booth M9474 Sands

FOR IMMEDIATE RELEASE

Contact: Bob Griffin, Griffin Public Relations & Marketing
(212) 481-3456
Bgriffin@griffinpr.com

IMAGINON TO DEBUT INSTANT INTERNET TELEVISION "STATION IN A BOX" AT NAB SHOW

ImOn.comTV™ Instant Internet TV delivers up to 200 video data streams in Standard Package prices from $31,000 to $84,000, to be introduced at the world's largest television broadcast conference and convention;

Each ImOn.comTV Instant Internet Television Station Package features viewer-directed branching video with embedded Web links, the video-linked WebZinger™ Online Research Engine, and sellONstream™ e-commerce infomercials;

With ImOn.comTV product it is now possible for anyone to start an Internet television station literally overnight.

SAN CARLOS, CALIFORNIA, January 13, 2000 - Less than one month after announcing the sale of its first ImOn.comTV Instant Internet Television Station to Los Angeles' based RockWindow Television Network, ImaginOn, Inc. (NASDAQ: IMON) (www.imaginon.com) today announced plans to roll out three Instant Internet Television Packages at the 2000 NAB Show in Las Vegas, Nevada, April 10-13, 2000.

Featuring from 20 to 200 simultaneous video data streams at Standard Package prices ranging from $31,000 to $49,000, each ImOn.comTV package is a turnkey software solution that enables any website, including broadcaster and content owners sites, to present interactive television within a standard browser of any suitably connected computer. The ImOn.comTV's built-in private labeled Virtual TV Console offers users video-on-demand, viewer-directed video branching, automated Web searching, and many additional features customized for each licensee. Standard Package configurations do not include servers. Optionally, servers may be included in the packages with prices ranging from $35,000 to $84,000.

"ImOn.comTV made its initial debut at the 1999 Fall ISPCON Show in San Jose, California, where it was greeted with enthusiastic support," ImaginOn Chief Executive Officer David Schwartz said today. "Since then, we have refined our product marketing strategy, creating three basic Instant Internet TV Packages that are available with and without servers and additional hosting services. These packages will be introduced at the 2000 NAB Show and demonstrated for the world's broadcast industry at two booth locations, one in the Las Vegas Convention Center and the second in the Sands Convention Center."

According to Schwartz, widespread deployment of ImOn.comTV will change the entire notion of what "broadcast" is in the high bandwidth Internet era. "While there are many companies that can stream video and audio, the ImOn.comTV Instant Internet television 'station in a box' is unique in four critically important ways. First, ImaginOn's technology links video directly to Web pages. Secondly, we provide viewer-directed video branching, whereby a consumer watching a video can interactively make a decision and, based on that decision, the video will seamlessly change scenes. If the consumer makes a different decision, another video option will be played. Thirdly, ImaginOn's proprietary search engine, WebZinger, is always running behind the video, providing automatic video-content-sensitive searches on the subject featured on the TV screen. And finally, our ImaginAuthor tools enable fast conversion of video footage to the ImOn.comTV format," Schwartz explained.

The implications of this technology, Schwartz emphasized, for the entire television industry are vast and profound. Consumers watching an ImOn.comTV-enabled broadcast/Webcast will be able to click-on to any Web site linked to a show they are watching. These links could be to Web sites on the actors, e-commerce sites for product purchases, network sites, or anyplace on the Web. Television advertisers will be able to create a whole new kind of commercial that directly integrates the Web into the television spot, involving the viewer in making a choice, while the commercial is playing, that directly connects them to specific Web addresses. Product marketers will be able to measure the effectiveness of their television advertising in real time because they will be able to see instantaneously how many people click on a link that is embedded within the commercial.

"The bottom line is this," Schwartz asserted. "These ImOn.comTV Station Packages can put any traditional broadcaster, e-business or content owner into the Internet television business, literally overnight. Companies that have libraries of video content will be able to launch specialized Internet television stations, using their own video, processed by our ImaginAuthor authoring tool - the key tool that enables video branching, content-sensitive search capabilities, and e-commerce linkage for existing video footage." According to Schwartz, ImOn.comTV Instant Internet Television Packages are available for fast delivery. "Depending on the package selected and the amount of look and feel customization required by the licensee, we can ship anywhere within six weeks from the date of purchase."

ImaginOn will exhibit at the 2000 NAB Show in two locations: Booth L12570 in the Las Vegas Convention Center and Booth M9474 in the Sands Convention Center.

ImOn.comTV, WebZinger, ImaginAuthor and sellONstream
are trademarks of ImaginOn
and are also protected under U.S. Patents.

Except for the historical information presented herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These risks include acceptance of ImaginOn software by developers and users, the successful development of competitive software to ImaginOn's, competitive pricing pressures for ImaginOn software and services, and the availability of financing to complete management's plans and objectives. In addition, other risks are detailed in the Company's periodic reports and in its Form S-3/A-2 registration statement declared effective by the Securities and Exchange Commission on April 26, 1999. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

 

 


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