PLATO'S RETREAT (PLATO)

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PayForView.com Clears SEC Comments and Expects Re-Listing On the OTC Bulletin Board; Company Forges Ahead with Strategic Objectives
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NEW YORK--(BUSINESS WIRE)--Nov. 1, 2000--PayForView.com (PAYV), an entertainment destination site featuring streaming media, today announced that the Company has cleared comments from the Securities and Exchange Commission (SEC), and is immediately eligible to be re-listed on the OTC Bulletin Board.

It takes about seven days for the NASD to review and approve the re-listing. While the company's common stock will began trading on the OTC BB immediately upon reinstatement, it is expected to take several more days after the re-listing for the company's stock to be reflected on all electronic trading websites. Under recent regulations, the NASD requires all OTC BB-traded companies to be fully reporting under the Securities Exchange Act of 1934. The Company's recently filed 8-K and subsequent amendments establish a public file containing pertinent financial and other information on the Company. The Company is reporting its financial and other information in periodic filings such as the quarterly Form 10-Q and the annual Form 10-K, and will in addition report current developments on additional Form 8-Ks whenever appropriate to announce material changes. Mr. Marc Pitcher, President, commented, "We are extremely pleased that the Company will soon be re-listed on the OTC Bulletin Board. We continue to forge ahead with our objectives which include aggressive acquisitions, joint ventures and strategic alliances that work synergistically with the Company's business model."

"With shareholder value at the forefront of our decisions and goals, we are focused on implementing strategies to capture a substantial share of the explosive entertainment and streaming media industries," Pitcher concluded.

PayForView.com is an integrated on-line and off-line entertainment company that distributes movies, music, sports and live events direct to viewers on a pay-for-view, retail and e-commerce basis. The company has distributed several pay-for-view events and is in the process of acquiring additional content and creating programming for broadcast specifically over the Internet and traditional media. Additionally, the company owns several off-line interests. Turn-Key Entertainment is building an online, pay-per-view industry product that is synergistic with the company's core business. Voyager International Entertainment is currently packaging several motion picture projects for production. Voyager Film Sales is the company's foreign sales division for these projects. Rap and hip-hop music label, Street Solid Records, is distributed through K-Tel Distribution (NASD:KTEL).

Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by PayForView) contains statements that are forward looking, such as statements relating to the future anticipated direction of the Internet industry, plans for future expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.


CONTACT: PayForView.com, New York
Corporate Communications
1-800-286-7912
Fax: [phone]
[e-mail]
http://www.PayForView.com
or
DeMonte Associates
Cynthia DeMonte or Gail Johnson
212-473-3700
[e-mail]
[e-mail]