Business Summary

CURRENT BUSINESS INFORMATION:

ViaVid Broadcasting, Inc. provides webcasting and teleconferencing and transcription services to corporate clients throughout North America. These services utilize systems that integrate traditional telephony technology with powerful streaming media technology and Web-based tools. From a simple conference call to a dynamic online presentation, the Company’s clients are able to choose the communication solution that best meets their unique needs.

The Company’s business objective is to become a leader in the teleconferencing and Webcasting industry. Their primary business is to provide simple, reliable, and scalable, yet cost-effective, online presentation and conferencing services.

HISTORICAL BUSINESS INFORMATION:

The Company was incorporated in January 1999 under the laws of the state of Nevada. Prior to that time, they conducted operations as ViaVid Broadcasting Corp., a British Columbia company formed in July 1994. The British Columbia company was inactive and did not carry on any business operations prior to January 1999.

The Company continues to carry on its business through the British Columbia company as a wholly owned operating subsidiary of the Nevada corporation. In November 1998, the British Columbia company changed its corporate name to ViaVid Broadcasting Corp. They acquired all the outstanding shares of ViaVid Broadcasting Corp. in January 1999 from Paul Watkins, Cheryl Watkins, 549419 BC Ltd., and Kathler Holdings, Inc. in consideration for the issue of a total of 5,100,000 shares of common stock.

In April 2000, the Company entered into an agreement with Excite Canada to produce an hourly Canadian stock market update. This is a video newscast with the latest in market-affecting news from Canadian exchanges, companies and industry analysts. It is updated every hour, on the hour, throughout the business day and is available exclusively to the 750,000 customer households of the Rogers, Shaw, and Cogeco @Home high-speed Internet service via the Excite for @Home portal. The Company revenues from this source are based on production fees and shared advertising revenues.

Since the inception, when the Company commenced offering live-event coverage, participant interviews, online meetings and presentations, and teleconferencing services, they have developed a state-of-the-art digital facility capable of supporting of their Webcasting and teleconferencing business model. So as to ensure their competitiveness within the marketplace, they believe it necessary to continue to modify and enhance this digital streaming technology facility. In addition, they are actively developing proprietary systems, such as ViaVision, designed to enhance their services and the viewer experience.

On November 28, 2001, the Company announced the signing of a contract with Citizens Conferencing to provide teleconferencing services to its client base. This agreement complements the Company's existing relationships with leading teleconferencing providers such as ACT Teleconferencing, Accutel, Darome, Intercall and Genesys.