AND THE WINNER IS: NICOLE KATZ
SOUTH FLORIDA WOMAN WINS $100,000 TV ANCHOR POSITION

Contact: Mark Hopkinson 561/750-9800 x15
Email: mhopkinson@TransMediagroup.com

FOR IMMEDIATE RELEASE
WEST PALM BEACH, FL., OCT. 4, 2000.- The viewers of MoneyWatchTV.com have spoken! Over 12,000 people logged on to cast their ballot for the new anchor person of PAX TV's unique program. Boca Raton resident, Nicole Katz, received 37% of the vote, beating out competition from all over the world to become the show's new host.

Nicole Katz brings with her a diverse background. She has been a broadcaster in many different formats: stocks, sports, biotech, and home improvement. Her past affiliations include CNBC and ESPN.

A DIFFERENT KIND OF SHOW NEEDS A DIFFERENT KIND OF ANCHOR

Created by veteran broadcaster, Mary Mills, MoneyWatchTV.com is the first of its kind, combining an Internet site and a daily network TV show to empower mom, dad and the kids with "Internet Smarts."

"Finding the right person to guide viewers down the information superhighway was an important decision. The viewers have to like, relate to, and trust their anchorperson," said Mills. To make sure MoneyWatchTV.com came up with the perfect match they turned to their audience.

"The viewers obviously thought Nicole was someone they wanted to wake up to every morning," said Mills. "The audience was given the opportunity to choose among five outstanding candidates, but Nicole hit a chord. She has the business savvy to understand all the latest technological advances, but equally as important, is her warmth and reassuring presence. This attribute makes the millions of viewers, who may be a little confused or leery about using the Internet, feel comfortable and capable."

Nicole, like thousands of hopefuls, sent in her video tape audition for review earlier this year. The top five candidates were an impressive group whose resumes included positions with CNN, the Oprah Winfrey Show, ESPN, CBS, and CNBC. The final auditions were held live, on the air, with viewers casting the decisive vote.

MoneyWatchTV.com is broadcast from 6:30 to 7 AM daily on PAX TV and continuously on the MoneyWatchTV.com website. Nicole's tenure begins November 1.