Press Releases

"Crusade Series Scheduled to Begin Airing On TNT in June" 02/03/99

Tuesday March 2, 5:17 pm Eastern Time

Company Press Release
Netter Digital Entertainment

Production of First 13 Episodes is Nearly Complete

NORTH HOLLYWOOD, Calif.--(ENTERTAINMENT WIRE)--March 2, 1999-- Netter Digital Entertainment Inc. (Nasdaq:NETT - news) Tuesday announced that "Crusade," a new television series based on the "Babylon 5" franchise produced by the company for Warner Bros., has been scheduled to begin airing nationally on TNT on June 9, 1999.

Douglas Netter, chairman and chief executive officer of Netter Digital Entertainment, said that production of the first 13 episodes of "Crusade" is nearly complete. He added that TNT has elected not to purchase additional "Crusade" episodes at the present time.

"While we expect to win production contracts for other television and motion picture projects soon, and hope that 'Crusade' ultimately will go back into production, this decision by TNT will affect our financial results unfavorably during the current quarter," Netter said.

Netter said that the company continues to produce "Voltron," its 3-D animated series now airing around the country, as well as other projects.

"We are seeing an unprecedented flow of new opportunities in our entertainment production and computer animation and visual effects production businesses. Given these outstanding growth prospects, we are confident that we will benefit from new production opportunities in the near future," he added.

Netter Digital Entertainment (http://www.netterdigital.com) acquires, develops and produces television series and made-for-TV and theatrical movies, and provides post-production, 3-D and special effects animation services, to the television, movie and video game industries.

The company produces "Babylon 5" and "Crusade" in association with J. Michael Straczynski for Warner Bros. The company also produces the all 3-D animated children's series "Voltron: The Third Dimension," for World Events Productions Inc., which is syndicated worldwide.

The statements contained in this release that are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties including, without limitation, demand and competition for the company's products, and other risks or uncertainties detailed in the company's filings with the Securities and Exchange Commission.

Contact:

Netter Digital Entertainment Inc.
Chad Kalebic, 818/753-1990
or
Neil G. Berkman Associates
Neil G. Berkman, 310/277-5162

and I will include them on the next update.

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