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Dremedia CEO Addresses European Broadcast Union Summit

GENEVA, Switzerland - 29 January 2002

Matthew Karas, Founder and CEO of Dremedia, will today address the European Broadcast Union's (EBU) Towards IT-based Production for Television seminar at the EBU's headquarters in Geneva

Speaking about the latest techniques for automating broadcast content management, he will address an invited audience comprising leading national and international broadcasters including: BBC, DR-TV, CNN, MTV and RAI.

Drawing on experiences gained whilst at BBC, Sky and News Corporation, Matthew Karas will examine why IT has been largely unsuccessful in delivering tangible benefits to filmmakers, editors, engineers or producers and why.

He will also illustrate how the latest automation tools and techniques can address the core tasks of broadcast production, which remain largely unimproved by IT.

About Dremedia

Dremedia is one of the driving forces behind the changing face of the broadcast industry. Dremedia products allow broadcasters and media companies to improve efficiency of their operations by increasing productivity and reducing time-to-air. The company cuts to the heart of these issues by delivering a technology that can automatically analyse, understand and manipulate broadcast footage. Dremedia's customers include leading broadcasters and broadcast production companies such as: BBC, Quantel, VTR Group, Autocue, Tornado Networks.

Dremedia was founded in 2001 by senior executives from the broadcast industry dedicated to addressing the challenges faced by their industry in the new digital age. Its principle external investor is Autonomy Corporation plc (Nasdaq: AUTN; LSE: AU; Nadsaq Europe: AUTN), a global leader in infrastructure software for the Web and enterprise.

For further information

Rebecca Rabin/Paola Dos Santos

Mantra PR

Tel: 44 (0) 20 7072 2300

Email: rrabin@mantra-pr.com or psantos@mantra-pr.com

About European Broadcast Union

Founded in February 1950, the European Broadcasting Union is the largest professional association of national broadcasters in the world with 70 active members in 51 countries of Europe, North Africa and the Middle East and 46 associate members in 29 countries further afield. Activities include operation of the Eurovision and Euroradio networks, coordination of news and sports programming, promotion of technical standardisation, legal advice, and the defence of public service broadcasting. www.ebu.ch

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