ViewCast.com Reports First Quarter 1999 Results

Revenues Double Sequentially

Dallas, TX (April 27, 1999) – ViewCast.com, Inc. [Nasdaq: VCST], formerly MultiMedia Access Corporation, a leading producer of standards-based video communications systems for web video and video conferencing solutions, today reported its financial results for the first quarter of 1999.

Quarterly revenues grew by 106% to over $2.0 million from just under $1.0 million in the previous quarter, and up by 10% from $1.8 million in the first quarter of 1998. Net loss for the quarter was $2.1 million, down from a net loss of $4.1 million in the previous quarter and up from $1.8 million a year ago. Diluted loss per share was ($0.20) compared to ($0.21) for the first quarter of 1998.

There were also non-recurring charges of $330,000, the majority of which related to lower of cost or market adjustments to inventory, as a result of new pricing from a major supplier. "We negotiated new pricing that will favorably affect our future cost of goods sold and gross margins," said Bill Leftwich, CFO of ViewCast.com.

"We are pleased to report our revenue growth for the quarter," said Bill Jobe, ViewCast.com's President and Chief Executive Officer. "ViewCast.com is positioned to take advantage of enormous growth opportunities in Internet video streaming and with its product alliances with companies such as Microsoft and RealNetworks, the scene is set for the future of web video. ViewCast.com is continuing to implement aggressive cost savings and at the same time expand its sales through a more streamlined sales and marketing effort, and we're just starting to see the results of the major reorganization and repositioning initiated last quarter."

ViewCast.com offers high-quality video components and video systems, including the Osprey line of codecs, the ViewCast system for Internet video streaming and the Viewpoint VBX for video distribution and conferencing. With a core competency in driver development that has led to revolutionary multiple-encoding capabilities, ViewCast.com's video technology is strategically targeted to capture the lower-bandwidth (PC) to LAN markets. ViewCast.com made news this quarter with its name change and several key product partnerships announcing complementary technology to further the evolution of Internet video.

"This is an exciting time for ViewCast.com," said Bill Jobe. "We plan to leverage our Internet technology to meet customer requirements and seek opportunities for expansion in sales. In addition, we'll continue to develop strategic alliances with leading companies in this space. In light of the excellent opportunities shaping up now, we are optimistic that we can attain profitability in 1999."

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.

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