USA Video Interactive CEO Describes Future of Internet Movies at Kagan VOD Summit Conference in NYC

October 30, 2000

USA Video Interactive (OTCBB: USVO; CDNX: US; www.usvo.com) President and Chief Executive Officer Edwin Molina was a panelist today discussing the future of movies on the Internet at THE KAGAN VOD SUMMIT: The $10 Billion Challenge, hosted by Paul Kagan Associates (www.kagan.com), the international high-tech media research firm. The Conference was chaired by Kagan Senior Vice President Larry Gerbrandt and held at the Park Lane Hotel in New York City. According to Kagan, the Conference was held for executive-level discussions of the different technologies and platforms that will transform the video industry from a store-based model to a digital-delivery business over the next decade, and will explore successful economic and marketing models.