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Technology Stocks : Zeros and Ones (ZOZO) - Affiliated with MSFT, SUNW, AMZN..

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To: Investor Communications Co who wrote (71)2/9/2000 1:59:00 PM
From: SCOOBEY-DO   of 79
 
Zeros & Ones Files Multiple Patents for Real-Time 2D/3D Digital Television Technologies

PASADENA, Calif.--(BUSINESS WIRE)--Feb. 7, 2000--Zeros & Ones, Inc. (OTCBB: ZOZO), a leading broadband technology and content provider, announced today that it has filed multiple patents to protect the Company's proprietary real-time 2D/3D television technologies, which have been in development under the code name "d3D."

With the advent of digital television, these new real-time broadcast technologies are the first to emerge from the Company's R&D efforts in this field. It is expected that "d3D " will also incorporate a version of CinePEG, Zeros & Ones' proprietary image compression technology.

"The FCC has mandated the television industry to upgrade to a digital signal," stated Zeros & Ones CEO Steve Schklair. "This has created a tremendous opportunity for the Company, as the digital television platform has great potential to deliver new forms of content and entertainment."

The "d3D" project is at the heart of the Company's systematic strategy for deploying next-generation enabling technologies.

Schklair continued, "While we still have a great deal of work to do before 'd3D' is ready for market, this revolutionary new technology is already amazing and, if successfully developed and deployed, is expected to result in a new revenue stream for the Company."

Industry activity indicates a groundswell of interest in the ability to present 3D imagery on the digital television platform. The growth in this sector is evidenced by recent announcements made by Motorola (NYSE:MOT) regarding the incorporation of 3D decoding technology in their new General Instruments digital set-top box.

The patent filings for Zeros & Ones were handled by the internationally recognized patent trademark, and copyright law firm of Christie, Parker, & Hale, LLP.

The Company also announced today that it would be holding a series of luncheons for brokers, analysts, and investors in February. The luncheons will be held on February 14th at the Jonathan Club (Los Angeles), February 15th at the Westgate Hotel (San Diego), and February 16th at the Marriott Newport Center (Newport Beach).

Anyone who would like to attend should contact Investor Communications Company at 800/511-4219 for an invitation.

About Zeros & Ones

Zeros & Ones (www.zerosones.com) is a leading developer of technology and content focused on the convergence of television and the Internet. The Company provides targeted solutions for e-business, broadband networks, and digital television.

Through its Venture Catalyst Initiative, Zeros & Ones also fosters the development of independent dot-com business holdings.

Zeros & Ones is traded on the Over-the-Counter Electronic Bulletin Board under the symbol ZOZO.

This news release contains forward-looking statements, including but not limited to, those that refer to the company's plans for future securities listings, or future development plans or operating results that are subject a number of risks and uncertainties.

Actual results could differ materially from those anticipated due to risk factors that include, but are not limited to, lack of timely development of products and services; lack of market acceptance of products, services and technologies; inadequate capital; adverse government regulations; competition; inability to earn revenue or profits; dependence on key individuals; inability to obtain or protect intellectual property rights; inability to obtain listing for the company's securities; lower sales and higher operating costs than expected; technological obsolescence of the company's products; limited operating history and risks inherent in the entertainment, telecommunications and Internet markets and business.

CONTACT: Zeros & Ones, Inc.
by
Investor Communications Co.
800/511-4217 or 800/511-4219
iccinfo.com
or StockIR at stockir.com
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