SIMPLY FIT WITH RADU" AND THE NEW YOU" PREMIERE ON AMPEX UNIT iNEXTV ON TUESDAY, JULY 17

SIMPLY FIT WITH RADU" AND THE NEW YOU"
PREMIERE ON AMPEX UNIT iNEXTV ON TUESDAY, JULY 17

Two New Lifestyle Series Added to Web-based Video Programming Line-up

New York, NY, July 17, 2001 -- Hate to exercise, but want something quick and easy? Want a new look? iNEXTV will show you how! Today, iNEXTV premieres two new original, weekly, Web-exclusive health and beauty series: SIMPLY FIT WITH RADU, hosted by fitness guru to the stars, Radu, and THE NEW YOU, hosted by fashion expert, Dex Dexter. Both shows premiere on-demand at www.iNEXTV.com and on iNEXTVs distribution network, which comprises some of the Webs best-known sites including Yahoo! and WindowsMedia.com.

In iNEXTVs SIMPLY FIT WITH RADU, hosted by fitness guru Radu and the super fit and beautiful Ellen Kiernan, this 13-part series teaches you the most effective ways to get your body in shape. These segments will take you from warming up to toning and firming your bodys problem areas. Radu will get your heart pumping and show you how to burn those extra pounds of fat. He doesnt just tell you how to exercise; he motivates you to do it. Youll have fun working out with a partner, youll be less stressed out at work, and youll have no more excuses not to work out. Once you see Radu in action, you wont be able to say no to getting SIMPLY FIT. (Segments are approx. 5 minutes each)

The following is a partial list of episodes and their premiere dates:
·   7/17 -- Warm-Up
·   7/17 -- Thighs
·   7/17 - Hips
·   7/17 (Feature) - Buttocks
·   7/25 -- Waist and Abs
·   8/1 - Triceps
·   8/8 - Pectorals
·   8/15 -- Office Ergonomics
·   8/22 -- Aerobics - Intro
·   8/29 - Flexibility
- more -
Page 2

Radu, who was dubbed the Toughest Trainer in Town" by New York Magazine, is known for his no-nonsense training. Celebrities from all over have flocked to Radus New York gym to get into the best shape of their lives. Some of his star-studded clientele include: Jennifer Lopez, Cindy Crawford, Regis Philbin, Matthew Broderick, Vanessa L. Williams, Tony Bennett, Will Smith, Susan Sarandon, Raquel Welch, Candice Bergen, John Cusack, Natasha Richardson, and Vendela just to name a few. His philosophy is to make ones body healthy, strong, and flexible and he gives his students a feeling of immense self-confidence.

Ever since the miraculous transformation of My Fair Lady," fashion fans worldwide have shared an infatuation with the Beauty Makeover. And the chance to be sculpted in the clever hands of a beauty and clothing expert continues to excite viewers everywhere. In iNEXTVs THE NEW YOU, fashion expert Dex Dexter and his team of hair, make-up and clothing visionaries bring out the beauty and va-va-voom in ordinary women who once would walk unnoticed on the streets with these fun and truly dynamic makeovers. (10-part series; segments are approx. 3 minutes each)

The following is a partial list of episodes and their premiere dates:
·   7/17 (Feature) - Renee Devine, a graduate student who needs a professional look to
enter the real world
·   7/17 -   Lucienne Fikaris seeks a flexible but super attractive image.
·   7/25 -   Lisa Lopez is a young mother who wants a sexy new look.
·   8/1 -   Rosanne Bayer gets a sophisticated new look, but this bride-to-be still looks very romantic.
·   8/8 -   Dex gives a touch of trend to Josie Levine, an educational consultant.
·   8/15 -   There's no reason a student can't be a fashion stunner. See what happens to Christina Durso.
·   8/22 --   Sarah Ellis was a diamond in the rough. See her shine.
·   8/29 -   Her pretty features just needed some clever highlighting. Witness Tracey Solomon's transformation.

Dexter Phillip, better known as Dex Dexter (not the character from Dynasty") in the fashion world, is a native of the British West Indies Trinidad & Tobago. He believes that as an individual, one should have a distinguished look that others can connect them with. With that philosophy in mind, Dex has gone on to write for major national and international fashion magazines, as well as providing his service as a image consultant/fashion stylist to his commercial, corporate, private and celebrity clients. Dex has taken many of his clients to another level of looking and feeling great. His past clients include: O Magazine, Sophisticates Black Hair, AMICA, Marie Claire, Vibe, Latina, GQ, IN New York, Evian, Vidal Sassoon, R Kelly, Tamar Braxton, Tyrese, Chante Moore, Blaque, and Miss Universe 1998-Wendy Fitzpatrick, to name a few.
- more --
Page 3

He is the owner of La Mode New York, which is an image consulting and personal shopping company as well as representing the careers of innovative hair, make-up, fashion stylist, and photographers. For more information visit www.lamodeny.com

iNEXTVs SIMPLY FIT WITH RADU and THE NEW YOU are produced by iNEXTV Corporation, the premier producer, aggregator and syndicator of video for the Internet and a wholly-owned subsidiary of Ampex Corporation (Amex:AXC). Both series are directed by Jeff Fountain. Francine Bergman is the producer of SIMPLY FIT WITH RADU, and Leigh Devine is the senior producer of THE NEW YOU. All episodes will be archived on iNEXTVs website, www.iNEXTV.com, indefinitely.

All iNEXTV programming is encoded, hosted and streamed via iNEXTVs custom player window streaming and advertising video interface. The player window utilizes Ampexs proprietary video technology, which delivers a crystal clear viewing experience while lowering bandwidth costs and offers multi-level advertising and branding opportunities. All of the programming is accessible to users of Microsoft Windows Media Player and Real Networks RealPlayer.

Radu and Dex Dexter are available for interviews.
Please contact Jocelyn at 212-735-1038 to schedule.

About iNEXTV
iNEXTV Corporation is the premier producer, aggregator and syndicator of video for the Internet, and is a wholly-owned subsidiary of Ampex Corporation (Amex:AXC). iNEXTV and its subsidiary have a syndication network that reaches more than 100 million unique monthly users via its distribution partnerships with Microsofts WindowsMedia.com, AskJeeves, Yahoo!, Qwests Online Avenue, NYPost.com, Autobytel.com, TravelNow.com and ClassicCar.com among others. Headquartered in New York City, iNEXTV produces and syndicates original Internet video programming from its production facilities in New York, Los Angeles and Munich, Germany. Programming categories include politics and business, travel, fashion, automotive and entertainment - showcasing iNEXTVs superior streaming technology with content. For more information about iNEXTV and its programming, syndication and advertising offerings, please visit us at www.iNEXTV.com.
(Minimum requirements to view iNEXTV webcasts: (1) Microsoft Windows Media Player, available for free download at www.windowsmedia.com, or (2) RealPlayer software, available for free download at www.real.com, and at least a 28Kbps connection to the Internet, but 56Kbps is recommended. If you experience problems downloading the software or viewing site content, please send an email to techsupport@inextv.com .)
# # #
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risk and uncertainties and unforeseen circumstances that could cause actual results to differ materially from those currently anticipated. Potential risks and uncertainties include, without limitation, risks of continuing losses from future operations, risks of declining liquidity, risks affecting the Company's Internet strategy; ability to sell advertising, and to obtain additional distribution; uncertainty as to the timing or terms of any sale of Data Systems and other risks mentioned in the Company's 2000 Annual Report on Form 10-K filed with the SEC, its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2001, filed with the SEC, and its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2001, which is expected to be filed shortly.
www.iNEXTV.com