Centre Of Excellence For Surgical Education Chooses DVBS Technology

Centre Of Excellence For Surgical Education Chooses DVBS Technology

Business Editors

LOS ANGELES--(BUSINESS WIRE)--Mar. 8, 2000

Digital Video Broadcast Systems, Inc., a Division of IMPOREX INVESTMENTS CORP. (OTCBB:IMVC) announced today that it had received a letter of intent from the Centre of Excellence for Surgical Education for the use of DVBS technology in their telemedicine and surgical education center.

Michael Meyer, Chairman of IMVC/DBVS stated, "We are proud that our technologies, especially that our LIVE-CAM Internet streaming video solution, and our U2U Internet delivered video conferencing solution have proven worthy of the high demands on quality, reliability and scaleability required by The Centre. The Centre is on the cutting edge of high-skill medical education in a coordinated, multi-venue environment and we look forward to working with The Centre in creating the most advanced, dynamic medical education network in the world." Mr. Meyer went on to say that he hoped to have the details of the agreement completed in the next forty-five days.

The Centre of Excellence for Surgical Education is a partnership between the University of British Columbia, Vancouver Hospital and Auto Suture Canada (a division of Tyco International). The Centre is located at Vancouver Hospital and Health Sciences Centre, Vancouver, B.C., and is affiliated with 34 medical schools across North America. The objectives of The Centre will combine online medical courseware, conferences and patient presentation with a world leading center for telemedicine culminating in an international center for educational research. The combination of telelearning, telemedicine and video conferencing for online consultations and diagnostics will push the threshold of dissemination of the most advance surgical, diagnostic and noninvasive treatment techniques and protocols.

DVBS, Inc. is a wholly owned subsidiary of Imporex Investments Corp. The company has developed a number of technologies that improve voice, data and image transmission and reception over the internet and intranets. Among these technologies are the market ready Afterburner (TM) web server, the LiveCam (TM) streaming video solution and the U2U video conferencing system. These products are designed to promote multimedia convergence by overcoming current internet constraints in bandwidth availability and routing efficiency, especially as applied to the transmission of high quality video and audio content.

The DVBS technical team is based in California's Silicon Valley. Management, marketing and administrative offices are located in Los Angeles, Seattle, Long Island, N.Y., Vancouver and Toronto, Canada, and Seoul, Korea. Detailed information on DVBS and its technologies can be found at www.videotechnology.com.

Further information on IMVC/DVBS can be obtained by contacting:

Moshiri and Associates (U.S.) at 310/205-0050xt238, Vortex Capital Corp. (Canada) at 888/883-1747 or Coffin Communications Group at 818/789-0100.

Statements included within this press release that are not historical in nature constitute forward-looking statements for the purpose of the safe harbour provided by the Private Securities Litigation Reform Act of 1995. Investors are cautioned that this press release contains certain such forward-looking statements that involve substantial risks and uncertainties. When used, the words anticipate, believe, estimate, expect, and similar expressions as they relate to the Company or its management are intended to identify such forward-looking statements. There can be no assurance that the Company will be able to market, sell or deliver successfully its services outside the United States, given risk factors including but not limited to unexpected changes in regulatory requirements, export restrictions, tariffs and other trade barriers, challenges in staffing and managing foreign operations, differing technology standards, employment laws and practices in foreign countries, longer payment cycles, problems in collecting accounts receivable, political instability, fluctuations in currency exchange rates, imposition of currency exchange controls, seasonal restrictions in business activity and potentially adverse tax consequences, any of which could adversely affect the Company's international operations. There can be no assurance that one or more of these factors will not have a material adverse affect on the Company's current or future international operations and consequently, on the Company's business, results of operations, and financial condition.