Rim Semiconductor Company (fka RSMI)

[excel]

Dear Shareholder:

I am pleased to invite you to New Visual Entertainment's 2001 Annual
Meeting of Shareholders. The meeting will be held at 2:00 p.m. on Wednesday,
June 27, 2001 at the San Diego Marriott, 333 West Harbor Drive, San Diego,
California.

At the meeting, you and the other shareholders will be asked to (1)
elect directors to the New Visual Entertainment Board; (2) approve an amendment
to Article I of our Restated Articles of Incorporation to change the company's
name from New Visual Entertainment, Inc. to New Visual Corporation; and (3)
ratify the appointment of Grassi & Co., CPAs, P.C. as our independent auditors
for the current fiscal year. You will also have the opportunity to hear what has
happened in our business in the past year and to ask questions. You will find
other detailed information about us and our operations, including our audited
financial statements, in the enclosed Annual Report.

We hope you can join us on June 27. Whether or not you can attend,
please read the enclosed Proxy Statement. When you have done so, please MARK
your votes on the enclosed proxy, SIGN AND DATE THE PROXY, and RETURN it to us
in the enclosed envelope. Your vote is important, so please return your proxy
promptly.




Excel - Greg