WWE Releases More Information on New VOD Service

The following was issued today:

World Wrestling Entertainment(R) Turns to N2 Broadband to Launch SVOD

WWE(R) Using N2 Broadband's Xport System to Produce VOD Content Quickly and

Cost-Effectively

ATLANTA, April 26 /PRNewswire/ -- N2 Broadband(R), the leading provider of scalable, open-standard solutions for on-demand services, today announced that World Wrestling Entertainment (NYSE:WWE) is launching its new WWE 24/7(TM) SVOD (subscription video on demand) service using N2 Broadband's Xport(TM) system to streamline and standardize WWE's SVOD content production.

With 75,000 hours of programming, WWE has the world's largest video library dedicated to wrestling and sports entertainment. Called WWE 24/7, the new SVOD service will feature on-demand access to "classic" content from cable, syndication and broadcast, as well as worldwide pay-per-views and home videos from WWE and other acquired national and regional wrestling brands, such as WCW(TM) (World Championship Wrestling), and ECW(R) (Extreme Championship Wrestling). Approximately 20 hours of content will initially be available for SVOD, with an average of four-to-five new hours of content refreshed per week.

Tom Barreca, Senior Vice President of WWE Enterprises, said, "We want to make our popular content available to fans worldwide through as many distribution outlets as possible. VOD is an exciting new distribution channel that will excite our fans and generate new revenue for our partners and us. N2 Broadband is a leader in delivering VOD solutions and we are excited to partner with them on this venture."

"VOD is a fantastic platform for new value added content like WWE that drives high subscriber satisfaction and generates new revenue," said N2 Broadband President and CEO Reggie Bradford. "Our solutions will help WWE produce and deliver VOD content easily and cost effectively to their customers."

N2 Broadband's Xport system provides cable operators, content providers and aggregators with easy-to-use tools to prepare and manage their VOD content in-house. With Xport, customers can encode pre-recorded content, create CableLabs(R)-compliant metadata that matches the operator's local business processes, insert video clips such as commercials and local-branding, and package and distribute the video assets for cable operator VOD servers.

The Xport Digital Media family of products enables users to easily encode, package and manage content for VOD and other on-demand applications. Xport is commercially deployed in more than 30 locations by leading customers including HBO, Comcast, Starz-Encore, Time Warner Cable, iN DEMAND and others.

About N2 Broadband

N2 Broadband is the leading provider of open platform solutions that enable cable operators and content providers to quickly and affordably offer on-demand services. The company's N2 Network(TM) is the industry's only complete on-demand solution that spans content creation and management through back-office service management and operations support services to protect cable operator networks and ensure network reliability.

With deployments in more than 70 cities throughout North America, N2 Broadband provides its products and services to leaders in the entertainment and cable industries, including Adelphia Communications, Cablevision, Comcast Cable, Cox Communications, Time Warner Cable, Rogers Cable, iN DEMAND, HBO, Global Digital Media Xchange Inc. and Starz Encore Group.

N2 Broadband was named to CED Magazine's "Broadband 50 Companies to Watch" for the third consecutive year, and ranked by the Atlanta Business Chronicle as one of the top five fastest growing privately held companies in Atlanta in 2002. For more information, go to www.N2Broadband.com .

The names of all World Wrestling Entertainment televised and live programming, talent names, images, likenesses, slogans and wrestling moves and all World Wrestling Entertainment logos are trademarks, which are the exclusive property of World Wrestling Entertainment, Inc. All other trademarks are property of their respective owners. All information is believed to be accurate by N2 Broadband but is not warranted to be accurate.

Web site: http://www.N2Broadband.com

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