Press Release

NEW YORK, NY, (December 9, 2004) - BusinessWire

TransMedia Unveils Online Mobile Suite 2004 - New Cost-Effective Streaming Media and Collaboration Solutions for Organizations and Consumers

Multimedia Communication and Collaboration from any Internet enabled location; No Compatibility Issues, Virtually No Buffering Delays

TransMedia, a leading innovator in online digital media management and collaboration solutions, today announced a new set of online video and audio tools for streaming media and collaboration that will make creating and distributing high-quality multimedia as easy and compatible as email.

TransMedia Online Mobile Suite 2004 provides customers in media-intensive organizations - such as advertising agencies, educational institutions, entertainment firms, broadcasting & cable companies, public relations firms, government associations, publishing companies, and telecommunications firms-- with a universal browser based online platform to collaborate, preview, manage, share and transact media content . TransMedia's product is effectively an online extension of a user's hard drive and desktop interface enabling multimedia communication and collaboration with anyone, anywhere, anytime.

The uses for TransMedia Online Mobile Suite 2004 are extensive and apply to both organizations and consumers. An advertising agency working on a major television campaign uses TransMedia Colaborata to review, deliberate and approve changes with both colleagues and clients. A film producer working on a motion picture uses TransMedia Producer to license 3 rd party media content, synchronize video and audio online for consideration and approval, edit and download media. Consumers use TransMedia Encounter to record, send and receive video and audio messages online with anyone, anywhere (including handheld devices) without installing any software. University students looking to enter the job market use TransMedia Exposure to publish and showcase online images, text, audio and video for career counselors and prospective employers to preview and respond online. TransMedia Colaborata , Producer , Encounter and Exposure work seamlessly together through a single interface enabling easy and compatible multimedia communication and collaboration.

"TransMedia Online Mobile Suite 2004 defines the new economics of online multimedia communication and collaboration. Organizations and individuals, can now create, manage, and distribute audio, video, images and documents and effectively communicate and collaborate online through one interface," said Donald Leka , Chairman and CEO of TransMedia. "Organizations need a cost effective, fully compatible and integrated solution for internal and external collaboration. Consumers - particularly those with broadband connections - need easy-to-use online multimedia tools to communicate, manage, send and receive video, audio and digital photos with family and friends and as a conduit between home and work. Our solutions democratize online multimedia."

"Enterprise multimedia needs to address seven crucial points, and TransMedia's Online Mobile Suite hits all seven," said Gerry Kaufhold, senior analyst at InStat/MDR. "The TransMedia suite incorporates a Web portal interface, so you don't need to install anything on your desktop. They've designed their tools as a messaging unit so that the network can set up communication quickly and securely; users can search easily for assets; the service is automated, and it is further enhanced through wireless and dial-up access. This satisfies what we've seen as critical next-generation tools for corporate and individual multimedia creation and distribution, and TransMedia has developed their solutions at extremely attractive price points."

TransMedia Online Mobile Suite 2004 is an instant browser-based audio and video previewing solution that is platform-independent and requires no software installation. And because its modular product components integrate seamlessly with legacy hardware and software systems, the TransMedia suite is easy to install and maintain. The suite runs seamlessly on

Windows, Mac and LINUX based systems and provides instant compatibility, speed, and a scalable, upgradeable path, so that customers can gradually extend the number of users and services.

TransMedia Online Mobile Suite 2004 http://transmediacorp.com/products:

TransMedia Colaborata 2.0
Online Multimedia Collaboration & Management

TransMedia Producer 1.0
Online Multimedia Production & Licensing

TransMedia Encounter 1.0
Online Multimedia Communication

TransMedia Exposure 1.0
Online Multimedia Distribution

TransMedia (http://www.transmediacorp.com) is a leading provider of online media management and collaboration applications for organizations and individuals. TransMedia solutions are entirely browser-based and require no software installation to: manage digital media files and projects, collaborate internally and externally, communicate via video, audio and text, and license and distribute media content. TransMedia is the universally compatible online platform for large and small organizations to acquire, manage and distribute media content. TransMedia licenses its browser based media applications to Fortune 1000 corporations, advertising, the music industry, broadcast and cable, film, publishing, government, education, ISPs, and other media intensive industries.

Press contacts:

Marcus Farny
TransMedia
phone: 212 675-6664
email: media@transmx.com