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nCUBE AND FEDERAL HILL COMMUNICATIONS FORM ALLIANCE TO PROVIDE END-TO-END VOD SOLUTION FOR CABLE OPERATORS, TELCOS, AND INTERNET BASED PLATFORMS WORLDWIDE

May 20, 2003 –-Los Angeles, CA and Portland, Oregon— nCUBE Corporation and Federal Hill Communications, a leading content aggregator and facilitator of Hollywood movie negotiations, today announced a strategic alliance to offer a comprehensive on-demand hardware and content solution. The joint venture brings together nCUBE’s video-on-demand (VOD) server and software management platform with Federal Hill’s experience in negotiating with studios for digital Hollywood movies. The combined VOD solution offers an end-to-end VOD offering to help simplify the launch of on-demand services for cable operators, telecommunications providers, and Internet -based platforms. Additionally, both companies will work together to identify and determine new potential growth opportunities within the burgeoning VOD market sector.

Federal Hill will offer its expertise in the areas of studio negotiations, programming, marketing and content selection. Federal Hill will work directly with those clients to develop a viable business model, educate them to the intricacies and nuances of studio deals and assist them in tailoring their content offerings specific to their viewers’ interests.

“nCUBE and Federal Hill’s end-to-end VOD solution will allow both companies to realize the vast potential of opportunities for VOD on a global basis. Together, we can move the VOD industry forward by working hand in hand with new providers of VOD early on, educating and guiding them throughout the content procurement process,” said Bethany Gorfine, president and CEO of Federal Hill Communications.

“Content availability and procurement are critical components to a compelling on-demand offering and our partnership with Federal Hill allows nCUBE to offer our customers an unparalleled range of content offerings,” said Michael Pohl, CEO of nCUBE. “Their specialization in the content realm, when combined with our powerful on-demand server and business management software, provides our customers a more simplified option in deploying their on-demand services.”

About Federal Hill Communications
Federal Hill Communications is a leading digital content aggregator for VOD platforms worldwide. Federal Hill provides expertise in the negotiation, licensing, and selection of premium Hollywood movie content from the studios and non-theatrical entertainment from independent producers. Federal Hill also exclusively represents an extensive library of award-winning titles covering the arts, adventure, children’s, foreign/multilingual, discovery, documentaries, history, science, technology, wildlife, and much more. Federal Hill’s client base includes cable operators, technology companies, systems integrators, telephone companies and hotels worldwide. For more information about Federal Hill Communications, please visit www.federalhill.tv.

About nCUBE
nCUBE Corporation is a leading provider of on-demand media and digital advertising solutions for cable operators and telecommunications network providers worldwide. nCUBE simplifies the deployment of on-demand content and digital ad insertion systems with the most powerful, comprehensive set of on-demand management and technical business tools. The company offers the only server architecture in the market with the scalability to deliver up to 53,000 simultaneous streams from a single site, meeting the demands of VOD today and on-demand's future content needs of everything-on-demand (EOD). For more information, on nCUBE go to www.ncube.com.



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