MediaX Approved for Listing on Frankfurt Stock Exchange

/ Listing Complements MediaX's Global Expansion Plan Culver City, California (PROTEXT) - MediaX Corporation (OTCBulletin Board: MXMX), the award-winning developer of new mediacontent for entertainment companies, the Internet and interactivesatellite channels, today announced it has received approval forlisting on the Third Market Segment Of The Frankfurt StockExchange and will be embarking on its first major EuropeanInvestor Relations program. The company's shares are slated tostart trading today under the symbol "XMX" and German securitiescode (Wertpapierkennummer) 918 444. The Geneva Group/TeamWorkKommunikations GmbH facilitated the European listing and willalso provide the European investor relations services to theCompany. Rainer Poertner, chairman of MediaX, said, "I believe thetiming for the Frankfurt listing coupled with the investorrelations program in Europe is an opportunity to boost our statusas a true global player. Being on the German exchange is part ofour company's overall international strategy to attract Europeanmedia interest and to take advantage of the synergisticopportunities in a changing global environment. The company plansto introduce its content directly into this investment communityvia a road show in Germany in the near future." Other companiesthat have listed on German Stock Exchanges include Amazon.com,AOL, Dell, Yahoo, U.S. Wireless Corp., Sun Microsystems, Ebay andAT&T. The Geneva Group. & TeamWork Kommunikations GmbH, aU.S./German-based investor relations firm, concentrates onemerging growth situations and companies with outstandingtechnologies in IT-solutions, software, biotech, Internet andentertainment related businesses. Michael Bardaky, president ofGeneva/TeamWork commented, "MediaX is at the forefront of theInternet's revolutionary turn toward content and enjoys havingparticularly impressive strategic alliances with giants like:Microsoft, RealNetworks, Broadcast.com, MP3, AOL, EchoStar andWeb-TV." The company's key strategy is the convergence of highquality, proven entertainment models with merchandising, e-commerce, and broadband/satellite broadcasting systems. The MediaX team has created award-winning Internetentertainment sites (hubs); and established amuZnet.com, anentertainment destination site and retail portal, with over300,000 different titles of music, video and DVD. The companycontinues to attract and forge relationships with: AOL,Broadcast.Com, EchoStar, Infoseek, Liquid Audio, MTV, Microsoft,RealNetworks, VH1, Yahoo! and others. In addition, MediaX isinitiating an aggressive acquisition strategy to complement itsexisting core business. About MediaX Networks Founded in 1996, MediaX Corporation (www.mediax.com) is anaward-winning developer of new media content for the Internet,entertainment companies and interactive satellite channels.MediaX's network of entertainment-based web sites includewww.rodstewartlive.com, www.jbirdrecords.com,www.Divinemusik.com, www.EYCLive.com and its www.amuZnet.comserves as an entertainment/e-commerce web site with more than300,000 CD's, DVD's and home videos. The company recentlyentered into an agreement with the EchoStar interactive satellitesystem to broadcast amuZnet.com into more than 2.8 million homes. About The Geneva Group/TeamWork The Geneva Group, Inc and TeamWork Kommunications Gmbh is aU.S./German-based investment banking and investor relations firmthat has been offering its clients a wide range of financialservices and IR strategies exclusively in Europe. With offices inMiami, Florida USA and Hamburg Germany, The Geneva Groupimplements global strategies, supportive activities, and tailormade investor relation programs to give newly listed companiesthe same corporate image and support as in the US markets. This press release contains forward-looking statements. Thewords "estimate", "possible" and "seeking" and similarexpressions identify forward-looking statements, which speak onlyas to the date of the statement was made. The Company undertakesno obligation to publicly update or revise any forward-lookingstatements, whether because of new information, future events orotherwise. Forward-looking statements are inherently subject torisks and uncertainties, some of which cannot be predicted, orquantified. Future events and actual results could differmaterially from those set forth in, contemplated by, orunderlying the forward-looking statements. The risks anduncertainties to which forward-looking statements are subjectinclude, but are not limited to, the effect of governmentregulation, competition and other material risks. For more information, contact Wayne Thomsen, VPMedia/Communications of Liviakis Financial Communications, Inc,916-448-6084, or wtf@lfcnet.com, for MediaX Corporation; orRainer Poertner, Chairman of MediaX Corporation, 310-815-8992, orpoertner@msn.com; or Michael K. Bardaky, President, 305-377-0032,or European Office, Sven Joesting, Managing Director, 49-40-35-71-26-02, or teamwork.com@poweronline.net, both of The GenevaGroup/TeamWork. RECENT EVENTS

* July 14, 1999 -- MediaX partnered with Paul McCartney andMPL Communications announced the launch of the second phase ofthe Paul McCartney "Band On The Run" Internet campaign whichbegan June 22,1999.

As part of the arrangement, MediaX will design, produce andoversee all on and off-line activities related to the event,which will be housed on MediaX's amuZnet.com. The campaign,aptly named "Fans On the Run," is planned to continue throughoutthe summer months and is being done in coordination with therelease of the special Silver Anniversary Edition of Band On TheRun the hit #1 on the Billboard Catalogue Chart upon its releasethis past March.

* June 11, 1999 -- MediaX announced today the launch ofstreaming media and downloadable content using Microsoft's(Nasdaq: MSFT) Windows Media Technologies. The use of theMicrosoft Technologies audio codec (code named MS Audio) andRights Manager technology will significantly improve the audioquality of downloadable and streamed media available on allMediaX sites. The alliance also provides MediaX placement onMicrosoft Corp.'s highly trafficked WindowsMedia.com page topromote MediaX web related events and promotions.

* April 29, 1999 -- MediaX announced it has signed anagreement with Adsmart, an online advertising network comprisedof more than 200 Web sites, to sell advertising on MediaX'snetwork of entertainment and e-commerce based Web sites. Amajority-owned subsidiary of CMG Info Svc (Nasdaq: CMGI),Adsmart will be the exclusive sales force for all MediaXCorporation holdings, including its MediaX entertainment network(launching fall of 1999 -- EchoStar) and e-commerce Web siteamuZnet.com., with effective marketing opportunities designed tocreate a new advertising revenue stream.

* April 19, 1999 -- MediaX and EchoStar (Nasdaq: DISH)announced an interactive television broadcast agreement. Thisbroadband interactive satellite channel -- scheduled to debutwinter 1999 -- will deliver programming and online purchasingfrom MediaX's wide spectrum of entertainment interests, 24 hoursa day. Content is delivered to both PC's and TV sets.Simultaneously, online purchases are seamlessly linked toMediaX's amuZnet.com, accessible by a click of the mouse and/orTV remote control. The agreement also provides revenue generatorsfor MediaX through sharing in EchoStar's 2.8 million subscriberbase and advertising. ots Original Text Service: MediaXCorporation Internet: http://www.newsaktuell.de Contact: WayneThomsen, VP Media/Communications of Liviakis FinancialCommunications, Inc, Tel: (USA) 916-448-6084, or wtf@lfcnet.com,for MediaX Corporation; or Rainer Poertner, Chairman of MediaXCorporation, Tel: (USA) 310-815-8992, or poertner@msn.com; orMichael K. Bardaky, President, Tel: (USA) 305-377-0032, orEuropean Office, Sven Joesting, Managing Director, Tel: +49-40-35-71-26-02, or teamwork.com@poweronline.net, both of The GenevaGroup/TeamWork

Subscribers please note that material bearing the slug"PROTEXT" is not part of CTK's news service and is not to bepublished under the "CTK" slug. Protext is a commercial serviceproviding distribution of press releases from clients, who areidentified in the text of Protext reports and who bear fullresponsibility for their contents.

PROTEXT