Vision Media Technologies Announces Mr. Jong Woo Kim as President and CEO-Award Winning Telecom Veteran and Pioneer to Head Vision Media

Business Wire,  June 14, 2004  

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Business Editors

TORONTO--(BUSINESS WIRE)--June 14, 2004

VISION MEDIA TECHNOLOGIES, INC. (Pink Sheets: VMTL) today announced that Mr. Jong Woo Kim has been named President and CEO. Mr. Kim is President and CEO of Willsearch Inc.

Mr. Kim was a founder and executive with Korea's MCI, D&G Telecom, and Korea Poise. He also created CTN21.com, which is the first Internet TV portal site in the world. This business was selected as a "Korea Millenium Product " and CEO Kim was selected by the Korean government in 2001 as one of 9 CEOs who would lead the 21st century.

Vision Media is in the process of acquiring Willsearch Inc. of Seoul Korea as previously announced. Willsearch Inc. is the maker of proprietary high tech consumer / commercial electronics products and solutions. These products include a next generation set top box for cable television and direct broadcast satellite, the "X-VISION 5000", plus several wireless point of sale devices and solutions.

The X-VISION combines the basic digital set top box functions such as on screen menus, guides, video on demand with the added functionality of playing dvd's, mp3s, video games, on-line games, and surfing the web.

The X-Vision acts as a high speed web terminal with clear, legible screens for web browsing and email access with a wireless key board. This is a special attribute and proprietary solution which differentiates it from other companies entering this evolving market space.

The X-VISION also acts as a complete Karaoke system with access to virtually unlimited titles via the internet or subscription through the service provider which the company believes to be of significant interest to both Asian and North American consumers.

This product is the natural evolution of the digital set top box as a receiver tuner to a fully integrated multi- media and high speed internet station.

www.willsearch.co.kr and www.vmtl.com.

About Willsearch Inc. and products:

As previously announced in a press release Jan 27,2004, Vision Media Technologies Inc. has entered into an agreement ,subject to delivery by Willsearch Inc. of final statements, where Vision Media Technologies Inc. will acquire 100% of the issued and outstanding stock of Willsearch Inc. Willsearch Inc. is the maker of proprietary high tech consumer / commercial electronics products and solutions. These products include a next generation set top box for cable television and direct broadcast satellite, the "X-VISION 5000", plus several wireless point of sale devices and solutions.

Willsearch's X-VISION 5000 is a two-way TV set-top-box that works in a "networked" type of environment, allowing users to "surf" the Web and watch standard television broadcasting. Applications include: Enhanced television broadcasting capabilities, Internet web-surfing that is superior to previously released versions of Web enabled TV type services which emulate actual computer type viewing, online Video and Music on Demand Services, EPG (Electronic Program Guide), access to enhanced program information, on-line and offline games and karaoke with online access to virtually unlimited karaoke programming via the Internet.

For more information visit www.vmtl.com

Safe Harbor Act Disclaimer

The statements contained in this release and statements that the Company may make orally in connection with this release are not historical fact and are forward-looking statements within the meaning of the private securities Litigation Reform Act of 1995. Actual results may differ materially from those forward-looking statements, as such statements involve risks and uncertainties that could significantly impact the company's business and the actual outcome and results may differ materially.

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