ALLCAST CHOSEN TO WEBCAST THE IFP MARKET FILM CONFERENCE AND EXPO LIVE FROM NEW YORK

Webcast Will Demonstrate Efficiencies of Distributed Streaming While Bringing Conference to a Global Audience

New York - Sept. 30, 2002 - AllCast and IFP announced today that AllCast will webcast the IFP Film Conference and Expo during the IFP Market - a convergence of filmmakers, producers, and domestic and international buyers in New York City September 30 - October 5. By joining forces with AllCast to webcast the film conference, IFP will demonstrate distributed streaming, an easy and economic approach to webcasting that is used by content owners of all types to deliver film, radio broadcasts, and other forms of online content to global Internet audiences.

AllCast's software, the AllCast Broadcaster, is based on distributed streaming, an approach to webcasting that saves content owners up to 80% of typical webcasting costs. AllCast received the patent on this form of webcasting in 1999.

The AllCast Broadcaster allows participants in a webcast to share bandwidth without any affect on the end user experience. Sharing bandwidth makes webcasting more efficient by reducing the traffic load on networks and servers and by decreasing the overall streaming costs. The dramatic cost savings coupled with the ability to reach audiences of any size make the Allcast Broadcaster an affordable and reliable distribution platform for music, events, presentations and any other form of online content.

The IFP Market Film Conference and Expo will conduct over 40 panels and seminars where leading industry executives will tackle critical issues facing the independent filmmaker. AllCast will provide live peer-to-peer webcasts of these conferences available at www.ifp.org beginning September 30.

"Webcasting our seminars with AllCast allows us to expand and educate the audience for independent film," said Mitchell Micich, IFP Director of Finance and Operations. "AllCast has the broadcasting and new media development experience to deliver the seasoned advice and winning strategies of Oscar-winning filmmakers, producers and industry panelists to the vast majority of our 10,000 national members who could not otherwise attend the 800-seat forum in New York. Because distance is no longer a barrier, we expect most to tune in and take part. We are very happy to be using the latest technology to deliver the latest information to our audience, and believe that this is technology our audience will themselves use to distribute their own films"

"More and more traditional media companies are using the Internet to reach their audiences," said Jacky Benmoha, CEO, AllCast. "By choosing us to webcast their events, IFP is demonstrating to the media and entertainment world how easy it is to use AllCast to reach millions of Internet viewers worldwide. This is the second year that IFP has used AllCast and we feel that this is a real vindication of our technology."

AllCast Software

Based on AllCast's patented distributed streaming, the AllCast Broadcaster allows webcasters to deliver live broadcasts to large audiences without incurring the high costs associated with traditional streaming technologies. With this method, users distribute the content to each other rather than receiving it all from one central place, thereby reducing bandwidth and server requirements, and with it the cost of webcasting.

About AllCast

AllCast is the originator of distributed streaming that is protected by US Patent US5884031. Content owners, hosting companies, and other service providers realize dramatic cost savings on Internet broadcasts - without any loss of quality, reliability, or security - by using this method of webcasting. Demo versions of the AllCast Broadcaster, along with access to current broadcasts, can be found at www.allcast.com. Corporate headquarters are in New York City.

About IFP

IFP is a not-for-profit service organization committed to the idea that independent film is an important art form and a powerful voice in our society. IFP provides services to independent filmmakers of varying levels of experience to assist them in expressing their unique points of view. Other goals of the organization are to expand and educate the audience for independent film, and to encourage the diversity and quality of independent production. IFP has six chapters located in Chicago, Los Angeles, Miami, Minneapolis/St. Paul, New York, and Seattle, and the organization recognizes that American independent filmmaking has no one address and speaks to people everywhere.