Archie's Corner

[excel]

Hi Archie. Below is a chart link and a letter to shareholders that came out with a half an hour to go in trading on Friday. We are expecting big news this week as the pre-volume shows and my own DD.

Think it is more then worth a look. I suggest looking at this long term though. Yes, you will be able to make quick $$$ imo. But go to newvisual.com and read the PRs. You can see that in the last 6 months they have been putting the team together and now are ready to talk as they are starting a road show for shareholders and brokers this Friday.


http://www.clearstation.com/cgi-bin/intra?Symbol=nvei&Refer=http://clearstation.com/Dear Fellow Shareholders:

Your management is tremendously excited about the future of your company. In an
effort to share this excitement with you, our loyal shareholders, I am pleased
to present the first in a series of letters to shareholders that we intend to
make available on our website. We appreciate your support and hope you find
informative this brief glimpse into the future of New Visual Corporation.

Recent tragic events, combined with the strains of economic change, have created
an era of uncertainty in the eyes of many companies, consumers, investors, and
our financial markets as a whole. Obviously, we are not immune to the effects of
these events, but we are committed to carrying out our mission with the same
vigor and resolve. Ironically, though our market valuation does not currently
reflect this perception, we believe we are a stronger company today, with
brighter prospects, than we have been at any time in our history.

In the following discussion, I have tried to explain how developments you may
have read about in recent headlines regarding our progress are coming together
to help us achieve our goals and enhance shareholder value. Our company's
history includes an unusual transition of emphasis from an entertainment and
marketing company specializing in content development to a technology company
specializing in high-speed transmission over copper wire. Both branches of our
company are beginning to bear fruit. We look forward to completing our legacy
film project and launching a new breed of last mile technologies.

UPDATES - A PROGRESS REPORT

NV TECHNOLOGY
-------------

TECHNOLOGY DEVELOPMENT - Our development team leaders consist of: MIT alumni Dr.
Michael Propp and his brother Dr. David Propp of Adaptive Networks; Dr. David
Greaves of Cambridge University, who also manages our Cambridge studentship with
mathematics protege Roberto Fernandez; Bruce McLeod (DSP expert); Dave DeFord
(Analog expert); Dr. Kenneth Rubinson; and C. Rich Wilson. Bruce McLeod and Dave
DeFord continue to operate from our new lab facility in Pleasanton, California.

We have been holding technical conferences on a weekly basis to critique and
monitor the progress of our high bit rate, extended range copper wire
transmission technology. Our initial testing and development has produced
successful and promising results and has allowed the opportunity for more
theoretical development and system level design. We are in discussions with a
large, aggressive US carrier regarding field trials, which we believe we are
still on track to conduct between the 1st and 2nd calendar quarters of next
year.

<PAGE>

We have also been doing a great deal of research and simulation/modeling with a
focus on noise, the single most prohibitive factor for transmitting high-speed
data over copper wire. In this context, Dr. Michael Propp has made significant
contributions. His 18 years experience in developing high speed power line
technology provides a great deal of insight as to how to characterize and manage
"noisy" transmission environments with dynamic efficiency.

MARKETING & BUSINESS DEVELOPMENT - We continue to communicate with the carriers
(phone companies) on a number of fronts. At this stage, we are acutely
interested in building technology that provides the greatest value to them by
meeting their needs on multiple levels. In an effort to do that, we have been
participating with the carriers in an exchange of information relating to their
network topology, desired deployment speed and range, acceptable power levels,
spectral management, and various other items. These are all critical elements of
an intelligent and successful design.

We have also been approached by a number of well-known equipment vendors eager
to learn more about our broadband transmission technology and discuss the
potential of collaborating to incorporate the technology into multiple
platforms. In advance of carrier trials, we anticipate further discussions with
multiple equipment vendors regarding strategic alliances that would include
compatibility testing for interoperability.

These dramatic improvements in our technology and relationships we are forging
with potential customers and partners are bringing us much closer to realizing
the potential of our exciting technology.

NV ENTERTAINMENT
----------------

NV Entertainment, in conjunction with Top Secret Productions, Award winning
director Bruce Brown, Dana Brown, and John-Paul Beeghly, is nearing completion
of the filming of a movie with the working title of LIQUID. Produced by the team
that produced THE ENDLESS SUMMER and ENDLESS SUMMER 2, LIQUID documents the
world of surfing in the first years of the new millennium. Filmed in Costa Rica,
Hawaii, Western Australia, Wisconsin, Vietnam, Santa Cruz, Half Moon Bay, Texas,
Easter Island, Cortez Banks, Tahiti, Ireland and Southern California, LIQUID
captures the unique and untold stories of more than 50 surfers around the globe.
Limited exposure of footage and clips of the film have already produced a
resoundingly positive response from industry professionals and ENDLESS SUMMER
fans. A teaser clip of the film may be viewed on our website at
http://www.newvisual.com/nve/films/.

Filming of the movie is 90 percent complete, and is wrapping up on time and on
budget with an anticipated release date of summer 2002. The film also has
received interest from potential corporate sponsors. With the legendary (if not
cult-like) following and extraordinary financial prowess of its predecessor
films made by the Browns, we expect LIQUID to generate box-office buzz on a
multinational scale. As this engaging film approaches completion this winter,
early next year and the summer of 2002 promise to be historic and exciting times
for the Company.

<PAGE>

HOW WE WILL INFLUENCE CHANGE - Whether or not the hype surrounding the
"convergence" of voice, video, and data on ANY medium actually rings true from a
business model perspective remains to be seen. Likewise, whether or not that
truly "killer" application emerges in the near term that will ignite broadband
demand is unclear - but we can be certain, more IS better. There are many
indicators that certain markets will support these developments and clearly next
generation technologies, such as MPEG compression, along with our transmission
technology, will make the targets more easy to reach.

As we have explained, however, our introductory product is targeted for the
business class broadband consumer and the telephone companies who serve them. We
will be helping the phone companies, which own the copper telephone wire in the
streets, increase the value of their existing assets by effectively increasing
capacity and, therefore, their ability to provide more services and increase
revenue. In practical terms, it means that we will be providing technology that
will allow for videoconferencing or data sharing over the twisted pair with the
relative deployment ease of common narrowband transmission technologies such as
DSL. Trends resulting from the economic and political landscape are adding
considerable value to this proposition, as companies seek to reduce the costs of
doing business. And that is only the beginning.

STRENGTHS - Recently added resources provide management with tools of guidance,
vision, and stability.

o We have invested in and developed leading edge transmission
technology, as well as a unique film property, both of which are being
developed by experienced professionals with a history of success.

o We have added world-class scientific leadership to our technology
development team in advisors Dr. Michael Propp, Dr. David Greaves, Dr.
Kenneth Rubinson, and Dr. Henry Beck.

o We have forged relationships with leading US telephone companies that
are already paying dividends in the form of design intelligence.

o We have secured collaborative development partners that are helping to
strengthen our team and focus our efforts.

o We have begun business development in European markets with investment
banks, telephone companies, and industry partners.

o We are in late stage negotiations with potential merger/acquisition
candidates that will expedite our time to market, improve our
financial standing, and increase shareholders equity.

<PAGE>

o We have reduced our overhead, which enables us to accommodate current
economic pressures.

CHALLENGES - Like any company at any stage, we face challenges to achieving our
goals. We are, however, dedicated to meeting and overcoming those challenges
with intellectual resources, strong resolve and commitment.

o Market conditions challenge our ability to raise capital and acquire
other business interests; therefore, we need to enforce efficiency and
productivity as our resources become even more precious.

o The window of opportunity for our technology is not evergreen;
therefore, we need to do everything in our power to complete and
market the technology as rapidly as possible.

OUR "CONVERGENCE" - For those of us with the honor to be working for you at New
Visual, every day is exciting as we continue to build momentum and check off
successive items of our plan.

With the film release anticipated for summer of 2002, we will undoubtedly begin
to build awareness in the coming months that will whet the appetite of its
consumers, potential distribution partners, and corporate sponsors. Similarly,
as we near field trial testing with our broadband technology next year, we will
prepare ourselves for the exposure associated with a technological breakthrough.

I am sure you all have felt the pains of market declines in general, and our
stock in particular. Combine those factors with the tragic events of September
11th and ensuing economic ripples, and it becomes easy to understand why so many
government officials and commerce leaders in America are echoing a resolve and
commitment to stay the course and to prosper. We are no different - we remain
resolute in our mission and commitment to making New Visual Corporation a
success and increasing shareholder value.

Today, however, I also have to feel that the economic pressures and downward
market trends have created enormous opportunities, particularly for those with
vision. We are committed to becoming one of those opportunities. We are
committed to carrying out our vision. We are committed to you.

God Bless America!
Excel