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e-VideoTV Engages Hunter Wise Financial Group for $10 Million Financing


SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Feb. 22, 2001--e-VideoTV Inc. (OTCBB:EVTV), a copy-protection and VOD-delivery technology licensing company, announced today that it has engaged Hunter Wise Financial Group LLC, an international investment banking and NASD member firm, to place a private $10 million equity financing to selected institutional investors.

The placement will be used to accelerate e-VideoTV's business strategy.

"We are pleased to have formed this relationship with Hunter Wise," said Charles J. Weber, president and CEO of e-VideoTV. "This financing will provide the necessary capital to enable our anticipated worldwide marketing efforts. Hunter Wise's expertise in corporate finance and strategic advisory services will be invaluable in strengthening e-VideoTV's prospects and will reinforce our exclusive licensing rights for faster-than-real-time (FTRT) copy-protection and our VOD-delivery technology licensing business."

Richard Henderson, managing director of Hunter Wise Financial Group LLC said, "e-VideoTV Inc. represents a true revolution in the way movies will be protected and delivered to the set-top-box. We intend to capitalize e-VideoTV in order that it may take full advantage of its edge in the market and to facilitate its corporate objectives. We are committed to maximizing our clients' shareholder value. Our years of experience in equity capital formation and our international reach will serve to broaden the potential audience for e-VideoTV."

About Hunter Wise Financial Group

Hunter Wise Financial Group LLC is the parent company of Hunter Wise Securities, a corporate finance-only broker-dealer and a NASD (National Association of Securities Dealer) member firm. Hunter Wise Financial Group LLC, based in Newport Beach, Calif., has offices in Scottsdale and Boca Raton, Fla., as well as a network of 14 international transaction offices worldwide. Hunter Wise provides Fortune 500-type corporate finance services exclusively designed for often-overlooked small-to- medium-sized public companies, as well as selected middle-market, privately held businesses. For more information about Hunter Wise, visit its Web site: www.hunterwise.com.

About e-VideoTV

e-VideoTV has copy-protection and VOD-delivery technology which protects movies when downloaded through cable, satellite, broadband DSL and wireless and channels in faster-than-real-time (FTRT) to hard drives inside set-top-boxes where they are stored for later viewing. The company intends to license copy-protection technology and its patent-pending pre-caching VOD-delivery technology to both set-top-box manufacturers and system operators.

Macrovision (Nasdaq:MVSN) owns an equity interest in e-VideoTV Inc. The company believes that its electronic entertainment distribution methodology is the future of entertainment-on-request.

Visit the company's Web site at www.e-videotv.com.

Safe Harbor Statement

All statements contained herein, as well as oral statements that may be made by the company or by officers, directors, or employees of the company acting on the company's behalf, that are not statements of historical fact, constitute "forward-looking statements," and are made, pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995.

Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Such risks and uncertainties are outlined in the company's Annual Report on Form 10-K for 1999, as filed with the Securities and Exchange Commission. The company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

CONTACT:

e-Video TV, Scottsdale

Robert Dinning, 480/778-1499

e-mail: [e-mail]

or

Market Pathways

Shannon T. Squyres (media & investors), 949/955-1860

KEYWORD: ARIZONA

BW0119 FEB 22,2001

5:04 PACIFIC

8:04 EASTERN
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