Press Release

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

New York University Deploys TransMedia's Streaming Media and Collaboration Solutions for Distance Learning

TransMedia the leading innovator in online digital media management and collaboration solutions announces that New York University's School of Continuing and Professional Studies (NYU SCPS) has selected TransMedia and their flagship product, Colaborata to provide a secure, online distance learning solution for their multimedia files. NYU SCPS will use Colaborata to access, manage and preview video and audio images and documents from any web enabled location for its students and faculty. http://www.transmediacorp.com/education

"Universities and other educational customers are a natural fit for our products as audio, video and images are becoming as commonplace as documents in the classroom and more and more students are working remotely. We are very excited to provide NYU SCPS students, faculty and administrators with entirely new and highly dynamic instruments to access, manage and preview multimedia files," said Donald Leka, Chairman and CEO of TransMedia. "Furthermore, our education customers can count on the fact that they have a solution that is comprehensive, scalable and cost-effective moving forward," added Mr. Leka.

"We selected TransMedia's Colaborata because it combines high speed audio and video streaming with universal cross-platform compatibility for our students and faculty to preview and manage multimedia course materials. Tens of thousands of users are already using this system," said Sean Jameson, Chief Information Technology Officer for NYU SCPS. "Implementation was fast and painless because TransMedia's products require no software or hardware installation. Our users were up and running in no time."

Colaborata is a secure customizable extranet application that seamlessly interfaces with university intranets and is accessed through any standard Internet browser. ColaborataT provides media intensive organizations the tools to easily organize, store and share media assets and information with colleagues and clients as well as the ability to communicate internally and externally via video, audio and text. By virtue of being entirely browser based, Colaborata requires no complicated and costly software/hardware installation or the lengthy user-training characteristic of traditional software solutions. Virtually all the major video, audio, web graphic, interactive, and document formats are supported. Colaborata also features several levels of restricted access and tools for managerial review and authorization.

NYU's School of Continuing and Professional Studies (http://www.scps.nyu.edu) enrolls more than 50,000 adult learners annually, offering 2,500 credit and noncredit courses that span more than 125 fields. The School, a nationally-known leader in adult education, offers busy professionals the choice of 12 masters degree programs, nine bachelors programs, six associates degrees and seven graduate and 110 other professional certificate programs to educate them for leadership in New York City's key business sectors, ranging from real estate, healthcare, management and hospitality to marketing, finance, law, film entertainment and publishing.

TransMedia (http://www.transmediacorp.com) is the 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