Viewcast Announces New MPEG Product

Osprey-2000M Brings Near-Broadcast Quality Video To Streaming Video Applications

Dallas, Texas, February 23, 2000 �Viewcast, Inc. (Nasdaq: VCST), a leading provider of Internet and networked video solutions, today announced the Osprey-2000M, a new product from its Osprey Technologies Division, which provides high-quality MPEG2 video and MPEG1 video and audio to network video applications such as streaming video on corporate intranets.

Viewcast�s Osprey� cards are used to create Internet streaming video with Microsoft�s Windows Media and RealNetworks RealSystem G2 products. The new Osprey-2000M is an MPEG encoder/decoder offering bit rates from 1Mbit to 15Mbit for broadcast-quality video. The Osprey-2000M features elementary, program and transport streams with resolutions up to full D1. Viewcast selected VisionTech�s KFIR chip as the primary encoding engine for this new Osprey line of MPEG-enabled video capture and compression cards.

This latest addition to the industry leading Osprey product line will be available to select application developers, OEMs and system integrator customers in March. Viewcast will publicly demonstrate the Osprey-2000M at the National Association of Broadcasters trade show in Las Vegas in April.

"An increase in available bandwidth solutions for corporate, government and educational networks, has created a growing demand for uncompromised video quality," said Neal Page, vice president and general manager of Viewcast�s Osprey Technologies Division. "Osprey has long been recognized as the streaming industry�s de facto standard for video capture cards and codecs. The combination of Osprey technology and VisionTech�s new leading-edge KFIR chip enables the Osprey-2000M to deliver performance and quality which will drive this dynamic segment of the streaming industry."

"VisionTech has raised the bar in MPEG performance, quality and price with its new KFIR chip", said Brian Lemelman, vice president of corporate development for Vision Tech. "By partnering with Viewcast�s Osprey Technologies Division, we have found the perfect complement with their leading position in the streaming industry and expertise in product design and development."

The Osprey-2000M works in a variety of platform environments, including Win2000, NT, Solaris and Linux. Additional versions of the card are in development. Products and features will include the Osprey-2000M/Pro, with digital video and audio I/O, and the Osprey-2000M/DVPro, with both digital video and audio I/O, and DV inputs. These new products target a growing trend toward broadband networks, particularly high bandwidth Local Area Networks.

"This broadband trend will continue, and Osprey is responding with products that deliver the highest quality video for these networks," Mr. Page commented. "A recent series of non-disclosure presentations on these products were received enthusiastically and we are looking forward to working with application developers utilizing the Osprey-2000M."

About Viewcast

Viewcast enables video communication over the Internet and corporate networks through its components, systems, and turnkey solution products. The company is known as a leading global provider of enterprise-wide, digital video communications solutions for both real-time and on-demand applications. Osprey� video capture cards and codecs, ViewCast� Streaming Video Solutions and Viewpoint VBX� System products deliver a wide array of video solutions for both analog and digital video communication systems. Viewcast�s "Your Video on the Web�" is a consumer product and hosting service that brings streaming media capabilities to home users and allows small businesses to add video to their web sites. Viewcast delivers innovative networked video solutions, as well as systems that can work with legacy video communication equipment. We market, install and support our products directly or through arrangements with leading OEMs, system integrators, leading resellers and application developers worldwide. Visit the company�s Web site (http://www.viewcast.com) for more information.

About VisionTech

VisionTech is a leading provider of highly integrated silicon solutions that enable MPEG-2 compression of video, voice and data content for consumer electronics, home entertainment and broadband communications markets. Applications for VisionTech's products include personal TV, personal video recorders, cable set-top boxes, digital video recorders, home networking, satellite and terrestrial digital broadcast. VisionTech's Web site can be found at http://www.visiontech-dml.com.

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company's current judgment on certain issues. Because such statements apply to future events, they are subject to risks and uncertainties that could cause the actual results to differ materially. Important factors which could cause actual results to differ materially are described in the Company's reports on Form 10-KSB and 10-QSB on file with the Securities and Exchange Commission. All trademarks are property of their respective holders.

Osprey-2000M Specifications

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Technical Specifications

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