April 8, 2003

CSTV: College Sports Television Selects Venaca For Enterprise Wide Media Asset Management Implementation Venaca's S3 Solution will enable CSTV comprehensive access to all digital assets

NEW YORK and LAS VEGAS, NV - NAB, April 8, 2003 - Venaca, a leader in developing Media Asset Management solutions, today announced that CSTV: College Sports Television ( www.cstv.com ), the first television network devoted exclusively to college sports, has selected their S3 Media Asset Management solution for an enterprise-wide implementation. The S3 Broadcast system will be the most comprehensive deployment in the cable industry and will provide CSTV with a completely digital broadcast quality production platform

Venaca's S3 solution will allow any authorized user instant access to search, preview, edit, repurpose and distribute any digital asset. The system will provide CSTV complete ability to ingest live and taped content instantly and will have logging and screening functions developed to the specific needs of CSTV's individual sports and programs. The S3 solution also enables CSTV to create multiple formats of their assets for both internal and external use.

"With our ability to easily implement our S3 technology to meet CSTV's specifications, it will enable them to create additional new programming and do it within an improved workflow process" said Venaca's CEO Scott Spector. "With CSTV's access to an extensive amount of content, our S3 system will certainly provide them with new and exciting ways to program 24 x 7."

"Venaca offers us a state-of-the-art production solution to create and manage our assets efficiently," said Patricia Power, senior vice president, operations, College Sports Television. "We are eager to take advantage of Venaca's knowledge and experience in this field as we build our network."

About CSTV: College Sports Television
With long-term programming and marketing agreements with 27 Division I athletic conferences - including the Big East, Big Ten, Big XII, Mountain West, WAC, Big West, West Coast, Big Sky, Ivy League, Sun Belt and Atlantic 10 - CSTV will televise live regular season and championship events across a broad spectrum of men's and women's college sports, including football, basketball, baseball, soccer, ice hockey and lacrosse. Dedicated to offering the widest variety of college athletics, CSTV will provide the most in-depth sports coverage of 1,200 universities and colleges across all of the major conferences at every level of college sports, representing 350,000 student-athletes.

College Sports Television was co-founded by President/CEO Brian Bedol, Chairman Stephen Greenberg and Executive Vice President Chris Bevilacqua. Bedol and Greenberg co-founded Classic Sports Network, which they sold to ESPN and which is now ESPN Classic. Bevilacqua is a former senior executive with Nike Inc., where he headed the company's successful foray into the college market. For more information on College Sports Television, log on to www.cstv.com