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

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To: SCOOBEY-DO who wrote (73)2/15/2000 12:15:00 AM
From: Karen Lawrence  Read Replies (1) of 79
Zeros & Ones and ICTV Form Strategic Alliance in Broadband Technology and Content

Zeros & Ones, Inc. to Provide Technology Solutions and Additional Broadband Content to ICTV Digital Platform

LOS ANGELES -- February 14, 2000 -- Zeros & Ones, Inc. (OTCBB: ZOZO), a leading broadband technology and content provider, and ICTV, provider of the cable industry's most robust solution for delivery of broadband Internet TV services to digital set-tops, today announced the formation of a strategic alliance in which Zeros & Ones will provide proprietary technology solutions as well as design services and cutting-edge interactive broadband content to ICTV and its cable system operator clients.

The alliance fosters the eventual deployment of Zeros & Ones' real time digital television broadcasting innovations, like CinePEG, a revolutionary, motion-based video compression. It also provides a distribution channel for the company's Internet-based, real-time 3D games, and exploits Zeros & Ones' broadband design expertise in the creation of next-generation interactive television interfaces. These technologies will complement ICTV's digital architecture, which raises the standard in supporting new broadband services to television sets, and enhances the rich media experience for cable TV subscribers.

"With its powerful new platform, ICTV offers content providers a highest-common-denominator environment; one that offers true, media-rich, broadband experiences to users," stated Robert J. Holtz, Zeros & Ones' Chairman and President. "At the same time, our broadband technology solutions will push ICTV even further in front of this explosive new market."

"This alliance will offer exciting opportunites for the cable subscriber," said Sheldon Safir, ICTV's vice president of business development. "By incorporating Zeros & Ones innovative broadband services we can provide cable operators with an enhanced digital platform that incorporates next generation capabilities."

Zeros & Ones is the latest product developer to agree to work on ICTV's digital platform.

About Zeros & Ones
Zeros & Ones ( 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.

About ICTV
Headquartered in the heart of California's Silicon Valley, ICTV's new digital ITV delivery platform provides cable operators with a headend-based solution that enables delivery of broadband Internet, email, and interactive TV applications to any digital set-top. The ICTV system supports 40 to 80 simultaneous online sessions per node. With frequency reuse across nodes, the system is fully scalable and is capable of supporting delivery of broadband interactive services to all digital subscribers on one 6 megahertz channel for the foreseeable future. The system does not require a middleware application in the set-top and is compatible with all grades of MPEG-2 set-tops from any manufacturer. All standard Internet content and applications will work on the ICTV system--including broadband content requiring large bandwidth or advanced plug-ins. ICTV can be found on the World Wide Web at

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 made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve 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 by the company; lack of market acceptance of products, services and technologies; inadequate capital; adverse government regulations; competition; lack of operating experience; inability to earn revenue or profits; dependence on certain individuals; inability to obtain or protect intellectual property rights; risks associated with customer concentration; inability to obtain NASDAQ Small Cap Market or any other listing for the company's securities; lower sales and higher operating cost than expected; technological obsolescence of the company's products; limited operating history and risks inherent in the entertainment, telecommunications and Internet markets and business.

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