Pershing Securities, Member of the DLJ Group, selects ViewCast.com�s Viewpoint VBX� for videoconferencing and video distribution

Leading Investment Bank Realizing the Benefits of Enterprise-Wide Video Communications

Dallas, Texas -- August 12, 1999 �ViewCast.com, Inc. (Nasdaq:VCST), a leading provider of video solutions, today announced that Pershing, a wholly owned UK-based subsidiary of one of the leading Wall Street investment banks, Donaldson, Lufkin and Jenrette Securities Corporation (DLJ), has chosen ViewCast.com�s Viewpoint VBX� for its videoconferencing and video distribution applications.

The Viewpoint VBX System provides a flexible video PBX architecture that manages multiple network and video compression types, delivering TV-quality video to hundreds of desktops throughout an enterprise. The VBX can simultaneously handle both broadcast and two-way video and is used at Pershing for intra-company video communications.

"After reviewing the entire gamut of video technologies from all vendors in this market, we chose ViewCast.com�s Viewpoint VBX because of its rich feature set, plus it is the easiest for our brokers and Senior Executives to use, it is compliant with many standards and the quality of the video is unsurpassed." said Lloyd Williamson, Head of I.T., at Pershing.

"The benefits are all too apparent as senior staff can now make video calls from the comfort of their desktop or as a group from one of our video-enabled boardrooms, thus reducing time, travel costs and offering a much smarter way to provide a more personal service to our external or internal worldwide customers without increased wear and tear on the employees." Williamson added.

"We are pleased that a pioneer of technology like Pershing Securities who handle large scale, mission critical financial applications on a daily basis, has chosen the Viewpoint VBX for its video communications solution. We look forward to a continued and strong partnership with Pershing as their network grows and as additional desktops become video enabled, worldwide." said Peter Taylor, Director of European Sales at ViewCast.com.

About Pershing

Pershing Limited and Pershing Securities Limited (Pershing) are members of the DLJ Group. Donaldson, Lufkin & Jenrette is a leading integrated investment and merchant bank whose businesses include underwriting, sales and trading, online brokerage services and correspondent brokerage services. Founded in 1959 and headquarters in New York City, DLJ employs 8700 people world-wide.

DLJ are majority owned by The Equitable Companies Incorporated, one of America�s largest and most prestigious insurance companies and in whom Axa Midi Assurance, France�s second largest insurance company is a major shareholder.

About ViewCast.com

ViewCast.com makes the Internet and corporate networks viable highways for video communications through its components, systems, and turnkey solution products. The company is known around the world as the leading provider of enterprise-wide, digital video communications solutions for both real-time and on-demand applications. Osprey� video cards, ViewCast� streaming video solutions, and Viewpoint VBX� system products deliver a wide array of video solutions for digital video communication systems. ViewCast.com is unique in its ability to deliver cutting edge networked video solutions while delivering systems to transition legacy video communication systems. ViewCast.com�s products are available from leading OEMs, system integrators, leading resellers, and application developers worldwide.

Visit our website at http://www.viewcast.com for more information.

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.