Issued Real World News

[Georgia Bard]

(OTC Bulletin Board: BDVM) Broadview Media, Inc. Announces 4th Quarter and Year End Results; Broadview Media Completes a Year of Transition
MINNEAPOLIS, July 27 /PRNewswire/ --

Broadview Media, Inc. announced its 4th quarter and year-end results. "This has been a challenging year of transition for the Company in which we sustained more than $500,000 in non-recurring charges. But we are excited about the growth plans for the future," commented Ken Ritterspach, President and COO. "Creative Services has grown by more than 20% at a time when ad agencies are laying off people. Our television shows are doing very well. And the new Interactive Services group in Chicago gives us a whole new revenue source."

Broadview Media, Inc. reported sales of $2,104,770 and net loss of ($250,707) or ($0.18) per share (basic and dilutive), for the fourth quarter ended March 31, 2001. This compares with sales of $2,432,639 and net income of $79,050, or $.06 per share (basic and dilutive), for the quarter ended March 31, 2000.

Year to date for the twelve months ended March 31, 2001, the Company reports sales of $8,096,078 and a net loss of ($534,425) or ($0.39) per share (basic and dilutive), compared to sales of $9,941,987 and net income of $441,505, or $0.33 (basic), $0.31 (dilutive) in the previous year. Year to date gross profit decreased to $1,885,657 from $2,600,985 in the previous year and operating income decreased to ($18,607) from $909,919.

Broadview Media, Inc. is a full service media company specializing in content development and management, creative services for marketing and advertising, full service production management and Internet broadcasting solutions. To compliment these services the company owns and operates full service radio and television production facilities in Chicago and Minneapolis. The Company is publicly traded on the OTC Bulletin Board. The Company's trading symbol is BDVM.

Visit us at:

http://www.broadviewmedia.com or http://www.fearlessflying.com

Three Months Ended Twelve Months Ended
March 31 March 31
2001 2000 2001 2000

Net Sales $2,104,770 $2,432,639 $8,096,078 $9,941,987
Cost of products
and services sold $1,478,715 $1,511,616 $6,210,421 $7,341,002
Gross Profit $626,055 $921,023 $1,885,657 $2,600,985
Selling, general
and administrative $760,060 $827,833 $1,904,264 $1,691,066
Operating Income
(loss) ($134,005) $93,190 ($18,607) $909,919
Other income
(expense), net ($119,450) ($8,306) ($513,692) ($458,830)
Income (Loss)
Before Income
Taxes ($ 253,455) $84,884 ($532,299) $451,089
Income tax benefit
(expense) $2,748 ($5,834) ($2,126) ($9,584)
Net Income (Loss) ($250,707) $79,050 ($534,425) $441,505
BASIC INCOME (LOSS)
PER SHARE ($0.18) $ 0.06 ($0.39) $ 0.33
BASIC WEIGHTED
AVERAGE NUMBER
OF COMMON SHARES
OUTSTANDING 1,360,820 1,356,560 1,360,820 1,356,560
DILUTIVE INCOME
(LOSS) PER SHARE ($ 0.18) $0.06 ($0.39) $0.31
DILUTIVE WEIGHTED
AVERAGE NUMBER OF
COMMON SHARES
OUTSTANDING 1,360,820 1,407,614 1,360,820 1,407,614

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SOURCE Broadview Media, Inc.

/CONTACT: Ken Ritterspach, President of Broadview Media, Inc.,
[phone], [e-mail] /

/Web site: http://www.fearlessflying.com /

/Web site: http://www.broadviewmedia.com /

(BDVM)




BROADVIEW MEDIA INC - BDVM
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:=) Gary Swancey