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FOR IMMEDIATE RELEASE

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

IMAGINON SET TO DELIVER ImaginAuthor™ TOOL TO PlayStation®2 COMPUTER ENTERTAINMENT SYSTEM CONTENT DEVELOPERS

Company's breakthrough authoring tool to be demonstrated at Tools & Middleware Expo 2000 in Japan on June 22, 2000;

ImaginOn has joined the PlayStation®2 computer entertainment system Tools & Middleware Program.

SAN CARLOS, CALIFORNIA, June 19, 2000 -- ImaginOn, Inc. (NASDAQ: IMON) (www.imaginon.com) today announced it will, starting in the Third Quarter, begin delivering an advanced version of its patented ImaginAuthor™ authoring tool to developers producing content for the new PlayStation 2 computer entertainment system. ImaginAuthor is expected to provide the content development community with the unique ability to incorporate viewer-directed video branching into game-play sequences.

Further, ImaginOn also announced it is now creating its own PlayStation 2 computer entertainment system content and intends to offer software that combines viewer-directed video branching with on-line Web content in hybrid DVD/ broadband Internet products.

According to ImaginOn Chief Executive Officer David Schwartz, the Company will demonstrate its advanced ImaginAuthor authoring tool for content developers attending Tools & Middleware Expo 2000. The conference will take place in Japan from June 21 to 23 at Sony Computer Entertainment Inc., in Tokyo. ImaginAuthor presentations will be assisted by ImaginOn's Japanese distributor, AiCube.

"Our goal is to deliver at least five ImaginOn titles in 2001," Schwartz said today. "These titles will both stand alone on their own merits and serve as a showcase for the unique capabilities of our core technology. These products will also take advantage of ImOn.comTV™ interactive TV stations on the Web to create open-ended infotainment and entertainment experiences."

ImaginOn, Inc. is an information technology company focused on developing and marketing broadband interactive Internet television products. ImOn.comTV, ImaginOn's lead product, is a turnkey package that enables any Web site to present an interactive Internet television console within a standard browser window on any suitably connected computer. ImOn.comTV offers its users video on demand, viewer directed branching video, automated Web researching, and many additional features customized for individual clients. The company's objective is to deliver Internet television to anyone and everyone who wants to communicate, entertain, inform, educate and promote e-commerce in a new way for a new era of interactive communications.

ImOn.comTV and ImaginAuthor are trademarks of ImaginOn 
and are 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-1 registration statement declared effective by the Securities and Exchange Commission on May 11, 2000. These forward-looking statements speak only as of the date hereof. The Company disclaims any intent or obligation to update these forward-looking statements.

*PlayStation is a registered trademark of Sony Computer Entertainment Inc.

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