NEW MORPHEUSTM 3.2 FILE-SHARING SOFTWARE RELEASED WITH INNOVATIVE PRIVACY & SECURITY FEATURES

New Features Provide Increased Security to Protect Users' Privacy, Greater Ease of Use, and Faster & More Reliable Downloading

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

LOS ANGELES, July 15, 2003 - StreamCast Networks, Inc., creators of the popular file-sharing software Morpheus� and a global leader in peer-to-peer communications technology, today released Morpheus 3.2, an upgraded spyware-free version with new features, making file-sharing faster, safer and more secure. Morpheus 3.2 improves on reliability, speed and stability while providing user options to enable advanced security tools that protect users' privacy from unwanted intrusions.

"Morpheus 3.2 is our response to the legitimate concerns of our users about the invasion of their privacy. While we do not condone copyright infringement, we also do not condone the targeting of our users and the invasion of their privacy," said Michael Weiss, CEO of StreamCast Networks, Inc. "Also, in an effort to keep file sharing legal and get artists paid, users of Morpheus software can easily send an instant and automatic e-mail message to their Congressional Representatives through a link provided within Morpheus."

Morpheus users are encouraged to download the new release so they may take advantage of the new features, highlighted with an eye-popping new design, improvements, and upgrades. The new features include:

   • No Spyware
   • Over 50 percent smaller in file size from Morpheus 3.1
   • Superior global search capabilities
   • One-click access to third party public blacklists
   • Increased stability & performance, improved meta data handling and the
     ability to use your own default media player
   • Advanced technology to verify a file in chunks as it is downloaded for
     better file integrity and improved partial file sharing
   • Maximized bandwidth usage, improved network efficiency, up to 50 percent
     reduced traffic, and faster search results
   • Scanning Images and Video files for meta info for more exacting searches
   • Worldwide public proxy server connectivity as easy as 1-2-3

Morpheus 3.2 users will be able to directly link to a worldwide network of public proxy servers. A proxy server acts as an intermediary between two Internet users so that one user does not know the identity of the other. Additionally, users of the new Morpheus 3.2 software can link directly to third party websites that publish "blacklists" of IP addresses, believed by its contributors, to be among those that are used to snoop into the privacy of users. If a user chooses to click on any of these blacklisted IPs, those IP ranges will be blocked from the users computer.

About Morpheus
The Morpheus peer-to-peer file sharing software product allows millions of people to connect directly to each other and to search, share and download all types of digital media files, including audio, video, games, images, software and documents that are in the public domain or where the owner has consented to its use without payment. Over 113 million copies of Morpheus have been downloaded by users, making it the 3rd most popular downloaded software in the history of the Internet, according to CNET's download.com. Morpheus is available as a free download at www.morpheus.com

About StreamCast Networks, Inc.
StreamCast Networks, Inc., creators of the Morpheus software product is a leading global communications technology company that is revolutionizing Internet digital media distribution and communications via software that enables users to communicate directly with one another on an unprecedented scale. For more information about StreamCast and its flagship product Morpheus, please visit www.morpheus.com

###

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Copyright © 2003 Streamcast Networks TM All rights reserved. Streamcast Networks, the Morpheus logo, the MusicCity.com logo, and all other trademarks, service marks and trade names of Streamcast Networks appearing on this web site are the property of Streamcast Networks, Inc. Morpheus is a trademark of Streamcast Networks. MusicCity and Streamcast Networks do not condone copyright infringement.
Please see our Policy section for further details.