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Tuesday, 02/06/2001 1:31:24 PM

Tuesday, February 06, 2001 1:31:24 PM

Post# of 15369
SeaView Off to Busy Start for First Quarter
(Business Wire 02/06 13:30:16)


Business Editors

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Feb. 6, 2001--SeaView Video
Technology Inc. (OTCBB:SEVU) (www.sevu.com) recently opened the doors
to shareholders in an invitation-only Open House. Over 200
stockholders attended the February 3rd event. All the products were
available for viewing, including the new 8-camera SecureView System.
"This will be the security and surveillance system of the future,"
stated C.E.O. Rich McBride.
The system uses the company's proprietary cameras, which transmit
high band video via induction around AC & DC power lines. McBride
stated: "Quite simply, we utilize the SecureView Video Camera that
resembles a light bulb. It transmits back to a computer that controls
the function and alarm capability of the cameras. In many cases it
eliminates the need for motor control. The cameras can be controlled
and viewed from anywhere in the world from a portable PC. The beauty
of the concept is it requires no camera wiring--the high-quality B&W
or Color cameras transmit via the building's electrical wiring. The
system can be installed in hours and the cost is tens of thousands of
dollars less than most current systems."
SeaView is in high gear to deliver over $9 million in pending
orders for the single camera units sold in 4th quarter. Major
independent Radio Shack, Ace Hardware, and TrustWorthy Hardware stores
have orders in. Schools and Police Departments have purchase orders in
for cameras, according to Christy Mutlu, Sales Manager. "At $399,
SecureView can give schools and smaller police departments access to
high tech surveillance equipment. The cameras look like light bulbs,
require no wiring, carry a signal up to 1/4 mile, and they are
portable. You just move them to observe trouble areas."
The company delivered a test unit to the FBI at the end of 2000,
and they have ordered 4 more already. SeaView's claim to fame is from
its invention of a superior underwater camera utilizing White
Infra-Red diodes. The company has a "who's who" of government agencies
using the equipment: US Customs, Coast Guard, DEA, and Marine Patrols
all over the country. Over 10,000 cameras are in use with fisherman &
divers.
In corporate business the Board of Directors announced a new
consulting agreement with the founder and patent holder Rich McBride.
The agreement stipulates that the patents are for the exclusive use of
the company for the balance of their life. The payment terms are for
1 million shares in restricted stock. "This provides security to the
stockholders that my inventions will stay with the company." I still
have all the stock I own in original restricted certificates and have
not received any additional shares since the beginning," stated Rich
McBride C.E.O.
The company invites everyone to visit the web site at
(www.seaview.com). The new Denta-View, Vehicle Inspection Camera, and
Marine products are on display.

ABOUT SEAVIEW VIDEO TECHNOLOGY INC.

SeaView Video Technology, Inc. manufactures, distributes, and
sells marine, medical, and security-related video camera equipment.
They are the largest manufacturer of Infrared Underwater Camera
Systems. SeaView Marine Division products are now available through a
Dealer Network of over 800 retail store dealers.
SecureView, the Company's innovative "camera in a light bulb,"
incorporates proprietary IRFS (tm) technology to transmit live video
through the electrical wiring of any home, office, or building.
SecureView installs and sets up quickly and simply, eliminating
expensive installation costs, drilling and cables. SecureView DC (tm)
uses the same principles to transmit live video through the electrical
systems of vehicles, trucks, busses, ships, and railway rolling stock.
A version of IRFS capable of LAN/WAN data transmission over power
lines has also been introduced.

SeaView trades under the OTCBB symbol SEVU.
website: www.sevu.com
email: info@sevu.com
message board: www.investorshub.com (keyword: SEVU)
Investor Information: McBride & Associates, 727-820-0711
(www.rlmcbride.com)

THIS PRESS RELEASE contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, which
are intended to be covered by the safe harbors created thereby.
Investors are cautioned that all forward-looking statements involve
risks and uncertainties, including, without limitation, the ability of
SeaView Video Technology Inc. to accomplish its stated plan of
business. Although SeaView Video Technology Inc. believes that the
assumptions underlying the forward-looking statements contained herein
are reasonable, any of the assumptions could be inaccurate, and,
therefore, there can be no assurance that the forward-looking
statements included in this press release will prove to be accurate.
In light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion of such
information should not be regarded as a representation by SeaView
Video Technology Inc. or any other person that the objectives and
plans of SeaView Video Technology Inc. will be achieved.

--30--mk/mi*

CONTACT: SeaView Video Technology Inc., St. Petersburg
J. R. Cox, 727/866-366
Email: info@sevu.com

KEYWORD: FLORIDA
INDUSTRY KEYWORD: MANUFACTURING MEDICAL RETAIL GOVERNMENT
COMPUTERS/ELECTRONICS

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