iSTYLETV.com Classic Cars Channel Wins Award

11 July 2000

iSTYLETV.com Classic Cars Channel Wins Award

    NEW YORK - iNEXTV Corporation, an online video media company and wholly- owned subsidiary of Ampex Corporation (Amex:AXC), announces that iSTYLETV.com's Classic Cars, one of its new, original Internet programming channels covering today's upscale and affluent lifestyles, has been awarded a Bronze Cyber Lion award in the Editorial category at the International Advertising Festival, Cannes Lions 2000.

    Classic Cars is dedicated to providing "must-know" information about cars of high pedigree and capability, from classic and collector cars to new cars destined to become the "classics of tomorrow."

    The International Advertising Festival is the largest gathering of worldwide marketing and advertising professionals. Each year, about 9,000 delegates from the advertising and related industries attend this event to celebrate the creme de la creme of creativity in all major media, discuss industry issues and work with one another.

    An internationally-recognized jury of interactive media CEOs and creative directors is responsible for awarding the Cyber Lions awards, honoring excellence in online communications.

    Veteran automotive journalist Ted West, Editor of Classic Cars, said, "We are thrilled to have been recognized on an international level by such an esteemed panel of experts for the quality of the editorial work on Classic Cars. The video medium allows us to offer car enthusiasts more exciting access to the world of classic cars than the print medium has ever allowed, and we look forward to producing more of the kind of programming that classic car fans are hungry for."

    About iNEXTV

    iNEXTV Corporation headquartered in New York City, is a premier online video media company, and a wholly owned subsidiary of Ampex Corporation (Amex:AXC). iNEXTV produces original Internet video programming in New York, Los Angeles, Washington, D.C. and Munich, Germany.

    The iNEXTV network of affiliates includes: Alternative Entertainment Network, www.aentv.com, Los Angeles, California, one of the largest on-demand streaming video sites about the entertainment industry; EXBTV, www.exbtv.com, Washington, D.C., producer and netcaster of original Internet programming regarding the Executive Branch of government; iSTYLETV, www.istyletv.com, New York, NY, focusing on the lifestyles, passions and pursuits of affluent web users; TV onthe WEB, www.tvontheweb.com, Reston, Virginia, a leading provider of Internet video services; and TV1 Internet Television, www.tv1.de, Munich, Germany, one of Europe's top webcasters.

    (Minimum requirements to view Classic Cars webcasts: RealPlayer(R) software, available for free download at www.real.com and at least a 28Kbps connection to the Internet, but 56Kbps is recommended.