COMPANY HISTORY

Worldwide Videoconferencing Corp. (WWVC), formed in 1989, is AT&T/Sprint's public room rental videoconference center in downtown Miami, representing world-leading videoconference equipment manufacturers. WWVC provides the South Florida business community and national corporations with total videoconference solutions, including connectivity to hundreds of network facilities nationwide and over 6,000 worldwide. It is currently designing a telemedicine network for a private hospital in a Caribbean nation, connecting five islands by videoconference. Its legal applications grew in the past year from 15% usage to 50%, and revenue increased 400% since January 1998.

WWVC founded the first videoconferencing network in the U.S. geared to the needs of the legal profession. In the early '90s, it expanded its client base to the business, financial, and health care communities. President H. Allen Benowitz has been published and featured in numerous articles, is a consultant and lecturer, including a recent conference at Florida International University regarding telemedicine.

Of 70 companies nominated, WWVC was honored as a finalist in 2000, and nominated again for 2001, for the Greater Miami Chamber of Commerce's Annual Cutting Edge Award. For the last two years, it was also listed in The Business Journal's "Top 40" of the fastest growing technology companies in Florida, and ranked 10th in the Top 25 of the "A-List - South Florida's Fastest Growing High-Tech Firms" in the Miami Daily Business Review. Miami Business Magazine featured Benowitz and the company in a story published in its March 2000 issue. He has appeared on WLRN public television, "You Should Know" and "The Business Exchange," which aired in February, May and August 2000 in South Florida.

Worldwide Videoconferencing takes pride in being on the forefront of emerging technological developments by providing breakthrough software to enhance its clients' practices by saving them time, money and effort.

VIDEOCONFERENCE SUMMARY

H. Allen Benowitz is president of WORLDWIDE VIDEOCONFERENCING (WWVC), and its AT&T/Sprint public room rental videoconference center is located at 19 West Flagler Street, Suite 1020, in downtown Miami, Florida, with access to hundreds of videoconferencing facilities throughout the U.S. and over 6,000 worldwide.

The firm has been serving South Florida's business, legal and medical communities for the past ten years and has established itself as a leading source for the latest information on videoconference business applications worldwide.

WWVC specializes in videoconference network design, equipment sales, consultations, and project management services, and is a co-marketing partner with several recognized telecommunications companies, including Sprint, AT&T, Hughes Training/Raytheon, Net2000 (formerly FreBon), Stratosphere, VTEL Corp., PictureTel, Sony, Tandberg, and Polycom.

Videoconference systems use state-of-the-art fiber optic technology and are available for purchase. Sizes range from large room systems, medium group units to desktop and desktop conversion kits.

The historical barriers to videoconferencing equipment investment are dropping away - price is down, ease-of-use is up, room requirements are simpler, bandwidth costs are down, and the equipment quality is better. So, as videoconference equipment reaches new heights in power, flexibility, and cost-effectiveness, more companies are incorporating this technology for business communications and travel aversion.

The impact of videoconferencing as a cost-effective alternative to business travel is phenomenal - saving companies time, money, and effort while increasing productivity. Use of WWVC's videoconference public room increased 400% from 1997 until the current period.

By offering companies both videoconference room rental and equipment sales/consultation, WWVC provides the South Florida community and national corporations with total videoconference solutions.