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PRESS RELEASE FEDERAL HILL COMMUNICATIONS INKS DEAL WITH LUXSAT INTERNATIONAL Federal Hill to Oversee Negotiations with Studios to Secure VOD Rights to Programming on Behalf of LuxSAT (October 8, 2002--MIPCOM--Cannes, France) Federal Hill Communications, a leading provider of digital entertainment for VOD platforms worldwide has just signed an agreement with LuxSAT International, a European supplier of multimedia services on demand. The deal was completed at MIPCOM and it follows on the heels of the recent announcement between Federal Hill and LuxSAT Middle East (LME) whereby Federal Hill will negotiate studio content for LuxSAT Middle Easts (LME) planned residential VOD launch in the region. As part of the new agreement, Federal Hill will oversee the negotiation of VOD rights to programming from major Hollywood studios and will assist LuxSAT International in developing a strategic VOD content solution by managing programming and rights issues, as well as other ancillary services. Bethany Gorfine, President of Federal Hill Communications and Thierry Maman, CEO and Managing Director of LuxSAT International, jointly announced the venture. Todays savvy consumers want more control over the programming that they are watching. Whereas traditional television viewing is dictated by the broadcasting medium, LuxSAT International has developed an innovative system offering subscribers more flexibility over the content they watch. As the popularity of VOD continues to grow, there will be an increased demand for quality entertainment, said Gorfine. Federal Hill Communications programming experts are attuned to market industry trends around the world. We are pleased to have been selected by LuxSAT International to assist them in creating a robust VOD service, including movies, games, music and more. We are looking forward to working with them in delivering high-quality, entertaining content to their viewers, commented Gorfine. Federal Hill brings us a longstanding experience in content acquisition and programming at a time when LuxSAT is rapidly rolling out its product and services across the world, added Maman. The quality and scope of the content and programming is key in our unique end-to-end home media platform offering the first secured and approved home media content delivery, authentication and transaction platform together with a all-in-one home media center: the LuxSTATION. About Federal Hill Communications About LuxSAT International Addressing the Entertainment On Demand (EoD) market via cable and satellite, LuxSAT service gives instant access to movies, TV programs as well as video games and music tracks matching viewers own choices. Operating within the framework of its proprietary EoD technique, LuxSAT enjoys a leading-edge competitive advantage through its patented IP-DVB (Internet Protocol Digital Video Broadcasting) technological end-to-end home media platform. This platform is located in Luxembourg on SES ASTRA premises, the worlds leading satellite operator that offers worldwide satellite coverage.
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