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VODIUM® TECHNOLOGY SELECTED BY WORLD BANK FOR WEBCAST OF SHIRIN EBADI --2003 NOBEL PEACE PRIZE WINNER

Translation from Farsi to English Included in Webcast

Ebadi Speaks On The Private Sector and Human Rights

(Washington D.C. June 15, 2004) ----The Nobel Peace Prize laureate Shirin Ebadi visited International Finance Corporation (IFC) headquarters recently to speak on the topic of human rights and the private sector. Her entire speech, which includes a translation from Farsi to English, were produced by Vodium, the Washington D.C. based webcast communications company. The full event can be viewed at http://www.vodium.com/goto/ifc/main.asp.

The International Finance Corporation (IFC), a member of The World Bank Group, selected Vodium to provide full web based communications for its presentation of Nobel Peace Prize Winner, Shirin Ebadi, the first Muslim woman to receive the honor. Ebadi, noted that organizations such as the World Bank have an obligation to incorporate human rights in their investment strategies. Remarks by Assad Jabre, IFC Vice President of Operations, and Avi Garbow, Vice Chair of the International Human Rights Committee of the American Bar Association, precede Ms. Ebadi's presentation.

While this marks the first time Vodium utilized Farsi, the company has produced webcasts in a variety of languages. The site includes video footage enhanced with synchronized transcript that can be searched simultaneously for topics of interest.

Corrie Shanahan, Chief Media and Marketing, IFC, explained the strategy to produce an interactive conference to global participants, at the convenience of their desktop.

“Web based communications-- such as those offered by Vodium-- increase our audience reach and provide an opportunity to hear first hand an important discussion, such as this, on human rights and business. The features such as video, slides, and the translation from Farsi to English create a stimulating and novel interaction for viewers,” noted Ms. Shanahan.

Karl Williams, Vodium’s Chief Operating Officer, noted the online communications offers viewers a unique opportunity to hear first hand from this pioneer of human rights.
“The debut of borderless rich media marks the next step for communications providers such as Vodium. Both the public and private sector understand the strategic value of communications initiatives that incorporate efficiency, and allow the audience to view from the convenience of the desktop. In addition, Vodium’s search function creates an easy to use on line resource, while the library function stores the entire conference for future analysis and review.

The International Finance Corporation (IFC) promotes sustainable private sector investment in developing countries as a way to reduce poverty and improve people's lives.
IFC is a member of the World Bank Group and is headquartered in Washington, DC. It shares the primary objective of all World Bank Group institutions: to improve the quality of the lives of people in its developing member countries. Established in 1956, IFC is the largest multilateral source of loan and equity financing for private sector projects in the developing world. It promotes sustainable private sector development primarily by financing private sector projects located in the developing world, helping private companies in the developing world mobilize financing in international financial markets, and providing advice and technical assistance to businesses and governments

Vodium provides web-based delivery of interactive rich media presentations to audiences of 10 or 10,000. Key applications include on-line training, knowledge management, virtual conferences, and corporate communications. Vodium's software and services enable customers to create dynamic presentations that incorporate synchronized video, slides and text within a single interface. These multimedia presentations are then archived into a customized library, available anytime, anywhere over the Internet. For organizations, Vodium offers a powerful and cost-effective platform to reach larger audiences and achieve high impact communications, live or on demand. For the audience, Vodium presents an engaging viewing experience where searching through video is as easy as text. Vodium's customers span across Fortune 100 companies, Federal agencies and the educational sector. For more information, visit www.vodium.com.

CONTACT:
Peggy M. Keegan
Director of Public Relations
pkeegan@vodium.com
202 898 1170
202 236 1236
www.vodium.com
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