THE DEAL LLC CHOOSES INTERACTIVE VIDEO TECHNOLOGIES (IVT) TO PROVIDE SPONSORED WEBCASTING SERVICES

First Complimentary Webcast to Teach Companies How to Get More of Client's Time and Attention

August 27, 2003--NEW YORK, N.Y.--Interactive Video Technologies, Inc. (IVT), the premier provider of e-communications software, and The Deal LLC, a media company providing must-read financial news to corporate executives, their advisers and investors, today announced that they have formed an agreement for sponsored webcasting services.

IVT will provide The Deal with customized webcast venues that can address advertisers' growing demands for innovative ways to maximize audience reach and measurable results. By integrating sponsored webcasting as a new medium to its portfolio of media products, The Deal will leverage the power of the Internet to provide more value to advertisers as well as subscribers, increase revenue and extend its brand. The Deal will drive webcast attendance by marketing the online broadcasts in its print and online publications.

"The Deal's sponsored webcasts will offer advertisers a new way to market their product and services to an audience of highly qualified decision makers," said Mark Lieberman, Chairman and CEO of IVT. "Coupling the reach of the Internet with a lucrative readership base is a very powerful offering, and one that we are very excited to be a part of."

"IVT's software and expertise will enable us to deliver compelling events to our readers and generate qualified leads for our advertisers," said Kevin Worth, president and CEO of The Deal. "The webcasts will help our advertisers develop stronger relationships with viewers that want to see and hear from the thought leaders behind the deals."

Under the agreement, IVT will provide the webcast system, which is powered by its flagship software solution, MediaPlatform(r). This industry-leading software integrates synchronized interactive elements, remote or in-studio panel discussions, 100% customization of players for branding, real-time online polling and Q&A modules, and on-demand archiving of The Deal events.

The Deal's online broadcasts will explore deal-making topics that are important to subscribers. Current and prospective subscribers will be invited to attend and interact with a panel of experts. The Deal.com subscribers will now have access to free online information sessions available 24/7 from www.TheDeal.com. The first webcast, "Trying to Get More of Your Client's Time and Attention," is scheduled for Tuesday, Sept. 9 at 2:00 p.m. EST. This webcast will cover such topics as brand recognition, achieving measurable results, creating a connected learning center and introducing a new revenue stream. To register for the webcast go to www.TheDeal.com/webcast.

About The Deal LLC
The Deal is a diversified media company dedicated to providing must-read financial news, commentary, data and services to corporate and financial dealmakers, their advisers and investors worldwide. Through The Deal, The Daily Deal, TheDeal.com and Corporate Control Alert, the company gathers, reports and disseminates information that offers a detailed look at transactions, industry sectors and financial services, along with the personalities and players who are the central figures driving change in the global economy. Investors in The Deal, a privately held company, include majority owner U.S. Equity Partners, a private investment fund sponsored by Wasserstein & Co. LP, and Rustic Canyon Ventures, one of the largest venture capital funds in Southern California.

About IVT
IVT provides enterprise-scale software solutions that enable customers to rapidly build, deploy, manage and measure live and on-demand webcast presentations to increase employee productivity and improve communication with their employees, customers, partners and vendors. These presentations are fully integrated and synchronized with other content elements of the Web, including video and audio, PowerPoint(r) slides, graphics, polling and chat applications. Compatible with all leading streaming media players and Web browsers, IVT's software allows enterprise communicators to lower communication costs by bringing software in-house. For more information about IVT, please go to www.ivtweb.com.
MediaPlatform is a registered trademark of IVT.