Newsplayer&JVC sign Agreement

Newsplayer Group PLC 30 April 2001 Monday, 30 April 2001 Newsplayer Group and JVC Sign Agreement to Distribute Ucreatetv(TM) and Newsplayer.com London (30 April, 2001) - Newsplayer Group (AIM: NPG), the new media company, today announced that it has signed an agreement with JVC UK Ltd. (JVC) to include a pre-paid subscription to Newsplayer.com and a new NPG product, ucreatetv(TM) to support the launch of JVC Miniature(R) - the world's smallest digital camcorder on 15 May 2001. Newsplayer will receive a licence fee for the ucreatetv(TM) application as well as revenues from Newsplayer.com subscriptions, which JVC will distribute in the UK and Ireland as an enhancement to the whole range of JVC digital camcorders. Ucreatetv(TM), a proprietary, value-added application designed by Newsplayer, allows customers to upload home shot video footage to their PCs and edit them on-line to create films. The package also includes a pre-paid subscription to Newsplayer.com, an archive of 14,000 clips about historical events and news stories that span the 20th century. With the facility of ucreatetv(TM), Newsplayer.com subscribers can select newsreel footage clips and edit them together with their home shot video to create montages and mini films for their own entertainment. Mr. Paul Duffen, Chief Executive of Newsplayer Group, said, 'We are delighted to have signed this agreement with a company of JVC's profile which has such a strong tradition of product innovation and creativity. The development and distribution of ucreatetv(TM) fits perfectly with our strategy of developing Newsplayer into a multi-property new media company with robust and diverse revenue streams.' Mr. Noboru Tachikawa, Managing Director of JVC UK Ltd commented, 'We are very pleased that our relationship with Newsplayer allows us to offer our customers a new frontier in digital home video. With the inclusion of ucreatetv(TM) and access to Newsplayer.com's archive, our customers are empowered to give free reign to their creativity while utilising the latest in technology with JVC's whole range of digital camcorders.' Enquiries: Paul Duffen, CEO Newsplayer Group plc 020 7927 6699 Barry Llewellyn, Co-founder Harry Chathli Brunswick Group Ltd 020 7404 5959 Lekha Rao
UK 100

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