Video Without Boundaries Announces Development of MediaREADY Flyboy(TM) Personal Media Player

Video Without Boundaries Announces Development of MediaREADY Flyboy(TM) Personal Media Player Product to Make Debut at 2005 International Consumer Electronics Show FORT LAUDERDALE, Fla., Dec. 21 /PRNewswire-FirstCall/ -- Video Without Boundaries, Inc. (BULLETIN BOARD: VDWB, VDWBE) , a pioneer in the emerging broadband media device market, today is announcing the development of the MediaREADY Flyboy(TM) Personal Media Player. The MediaREADY Flyboy(TM) is an ultra-slim portable MPEG4 media player and recorder capable of carrying hours of video and music and thousands of pictures. The product will be on display at the 2005 International Consumer Electronics Show (CES) in Las Vegas being held January 6th - 9th, 2005. The Video Without Boundaries demonstrations will take place at the Las Vegas Convention Center South Hall 1 Booth #20343. According to a recent Jupiter Research survey, 51% of consumers would watch movies on a portable media player. 55% of them are interested in watching TV shows on such a device. That compares with 79% of consumers who like the idea of listening to music (a la Apple Computer's iPod). For these consumers, the MediaREADY Flyboy(TM) comes exactly at the right time. The Linux-based MediaREADY Flyboy(TM) Portable Media Player allows you to record up to 80 hours of video, store over 200,000 digital pictures, or hold up to 740 hours of music on its 40 GB hard drive and enjoy it all on the move. The Flyboy has an easy to watch 3.5 inch LCD screen with built-in speakers. The internal USB 2.0 hard drive allows your Flyboy to receive files from a connected MediaREADY(TM) 4000, MediaREADY(TM) 5000 or PC. The MediaREADY Flyboy(TM) has a $349 MSRP and is scheduled to hit retail shelves in early 2005. "According to a report from In-Stat/MDR, the market for these devices is projected to grow 700 percent in 2004, and a CAGR (compound annual growth rate) of 179 percent through 2008 is also expected," commented Jeffrey Harrell, CEO and President of Video Without Boundaries. "This latest research shows that consumers are interested in having more than just audio on the go. Our MediaREADY Flyboy(TM) takes your video, music, pictures, and data and gives them wings!" MediaREADY Flyboy(TM) Highlights: MPEG4 Video Player/Recorder -- Record up to 80 hours of video on your Flyboy and watch it on a 3.5 inch LCD screen or connect it to a TV for convenient playback. Supports RealOne player. MP3 Player -- Hold up to 740 hours (12,000 songs) of MP3 music. You can transfer your entire MP3 collection in no time at all via USB 2.0 connection. Digital Picture Storage -- Store over 200,000 digital pictures (1600x1200 pixels). View your pictures on the LCD screen or throw them up on Grandma's TV via RCA output. Includes 3x zoom functionality. Digital Voice Recorder -- Record meeting notes, to do list or a jam session with the Flyboy's built-in microphone. Data Storage Center -- When connected to other MediaREADY(TM) devices or a PC, the Flyboy is an external hard drive for transporting and storing data files. Built-In Speaker and Earphone output -- Whether you want to entertain your neighbors or keep it private, the Flyboy lets you plug in your earphones or crank it up over your built-in speakers To arrange a meeting at the show please call 954-527-7780 or email us at productinfo@vwbinc.com. For more information about the MediaREADY(TM) products, visit http://www.vwbinc.com/. About Video Without Boundaries: Video Without Boundaries (BULLETIN BOARD: VDWB, VDWBE) is a leader in the converging digital media on demand, enhanced home entertainment, and emerging interactive consumer electronics markets. We are focused on delivering broadband media products and solutions that are easy to use, easy to afford and able to entertain in ways never before imagined. Our MediaREADY(TM) 4000 is a first of its kind digital media center that allows you to fully access the widest range of digital media and display it on any television in your home. The company's wholly owned subsidiary, Graphics Distribution Inc., also serves as an authorized distributor for manufacturers in the video, AV, personal computer, and IT segments through its warehouse and distribution center in Glendale, a suburb of Milwaukee. Website: http://www.vwbinc.com/ Forward-Looking Statements: Forward-looking statements and comments in this document are made pursuant to the safe harbor provision of Section 21E of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the company to increase the level of sales, maintain current sales levels, add new products and services and develop new Web sites are necessarily subject to risks and uncertainties, some of which are significant in scope and nature, including risks related to the demand for the company's products and services, competition, and availability of capital for working capital purposes. Earnings estimates projected by management are subject to many uncertainties, including but not limited to manufacturing quality, product distribution, product sales levels, and the development of media distribution relationships. MediaREADY, Flyboy and Video Without Boundaries are trademarks of Video Without Boundaries, Inc. All other trademarks or registered trademarks are the property of their respective owners. PRESS CONTACT: INVESTOR RELATIONS: Katie Eakins Video Without Boundaries, Inc. S&S Public Relations, Inc. 954-527-7780 (858) 509-7722 vwbinvestor@vwbinc.comKatie@sspr.com This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/. Source: Video Without Boundaries, Inc. CONTACT: PRESS CONTACT: Katie Eakins of S&S Public Relations, +1-858-509-7722 or Katie@sspr.com, for Video Without Boundaries; or INVESTOR RELATIONS: Video Without Boundaries, +1-954-527-7780 or vwbinvestor@vwbinc.com Web site: http://www.vwbinc.com/ ------- Profile: International Entertainment