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Cohen, Milstein, Hausfeld & Toll, P.L.L.C. Files Class Action Suit
Against SeaView Video Technology, Inc.

TAMPA, Fla., May 17, 2001 (BUSINESS WIRE) -- The following notice is issued by
the law firm of Cohen, Milstein, Hausfeld & Toll, P.L.L.C., on behalf of its
client, who filed a class action today in the United States District Court for
the Middle District of Florida, Tampa Division, on behalf of purchasers of
SeaView Video Technology, Inc. (Nasdaq:SEVU.OB) during the period between
March
30, 2000 and March 19, 2001, inclusive, Civil Action No. 8:01-CV-957-T-26 EAJ
and which has been assigned to the Honorable Richard A. Lazzara.

The complaint alleges that defendants SeaView Video Technology Inc. and
Richard
McBride, President and Chief Executive Officer of SeaView during the Class
Period, violated Section 10(b) of the Securities Exchange Act of 1934
("Exchange
Act") and Rule 10b-5 promulgated thereunder, by issuing a series of material
misrepresentations to the market concerning, inter alia, SeaView's expected
revenue for 2000, its reported revenue for the second and third quarter of
2000,
the demand for its products, and its ability to manufacture sufficient product
to meet the purported demand. Specifically, defendants had led the market to
believe SeaView would have gross sales of $46 million in 2000, yet gross sales
ended up being slightly over $1 million. In addition, on March 19, 2001, the
Company announced that it had determined that there were inaccuracies in its
financial statements for the quarters ended June 30, 2000 and September 30,
2000
with regard to recognition of revenue as related to certain purchase orders.
The
restated revenue for those two quarters reduced revenue from $4 million
collectively to approximately $550,000.

The plaintiff's counsel -- Cohen, Milstein, Hausfeld & Toll, P.L.L.C. -- has
significant experience in prosecuting investor class actions and actions
involving financial fraud. The firm has offices in Washington, D.C., Seattle,
Washington, and New York and is active in major litigation pending in federal
and state courts throughout the nation. You may visit the firm's website at
www.cmht.com.

The firm's reputation for excellence has been recognized on repeated occasions
by courts which have appointed the firm to lead positions in complex
multi-district or consolidated litigation. Cohen, Milstein, Hausfeld & Toll,
P.L.L.C. has taken a lead role in numerous important cases on behalf of
defrauded investors, and has been responsible for a number of outstanding
recoveries which, in the aggregate, total over a billion dollars.

If you purchased shares of SeaView Video Technology, Inc. during the Class
Period, you may move the Court no later than July 16, 2001 to serve as lead
plaintiff for the Class. In order to serve as lead plaintiff, you must meet
certain legal standards.

If you have any questions about this notice or the action, or with regard to
your rights, please contact either of the following:

Steven J. Toll, Esq. Robert M. Smits Cohen, Milstein, Hausfeld & Toll,
P.L.L.C.
1100 New York Avenue, N.W. Suite 500 - West Tower Washington, D.C. 20005
Telephone: [phone] or 202/408-4600 E-mail address: [e-mail],
[e-mail]


CONTACT: Cohen, Milstein, Hausfeld & Toll, P.L.L.C.
Steven J. Toll, Esq. or Robert M. Smits
888/240-0775 or 202/408-4600
E-mail address: [e-mail], [e-mail]
TICKERS: NASDAQ:SEVU.OB

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