Viscorp and Emerson Radio Corp. Sign Letter of Intent for
Exclusive Distribution by Emerson Radio of Interactive
Set-Top Device and 'Smart' TV

CHICAGO, June 27 -- Visual Information Service Corp. (Nasdaq: VICP)
("VIScorp") and Emerson Radio Corp. (AMEX: MSN), announced today that
they have entered into a letter of intent granting Emerson the North
and South American exclusive distribution and sales rights to
VIScorp's interactive Internet television set-top device, the
Universal Internet-Television Interface(R) (UITI(R)), and the
UITI(R)-TV interactive "smart" television set. Terms have not been
disclosed, pending a definitive agreement. However, pursuant to the
letter of intent, VIScorp would be granted warrants to purchase up to
a maximum of one million shares of Emerson common stock at an exercise
price of $6 per share.
"The UITI(R) provides new and exciting entertainment, information and
telecommunications capabilities using any standard television set,
including easy access to the Internet, World Wide Web and on-line
services," said William Buck, Chief Executive Officer of VIScorp. "The
Emerson Radio branded set-top device will dramatically expand the
capabilities of the family TV set by providing TV viewers a host of
services like e-mail, on-line chat and Net surfing that have, until
now, been available only to those who own personal computers.
"The UITI(R) is more than a network computer (NC) as it turns the TV
set into a sophisticated communications center, offering an on-screen
menu, a speaker phone, the ability to send and receive fax messages,
on- screen caller identification (Caller ID) where available,
calendar, telephone and address storage, and other services. In
addition, it comes with a series of 'in-ROM' interactive multimedia
games so that it provides greater value to the whole family," Mr. Buck
continued.
VIScorp explains that the UITI(R) runs on an enhanced Amiga(TM)
operating system which, VIScorp says, is internationally recognized as
one of the finest multitasking multimedia systems, as well as one of
the most cost effective systems. The UITI(R) comes equipped with a
built-in modem; includes special fonts and graphics so that networked
text, data and images can easily be read at normal viewing distance;
contains random access memory (RAM) to enable users to download text,
messages and other information; and, comes with a sleek, easy-to-use
remote control with an imbedded keyboard for convenient information
input.
"We are extremely excited about the prospect of our product carrying
the Emerson Radio name," said Mr. Buck. "Emerson is an internationally
recognized leader in consumer electronics, with a reputation for
quality and value."
Eugene I. Davis, President of Emerson, stated: "We are very optimistic
about the inclusion of UITI(R) technology into our product mix going
forward. We believe that convergence products will be a major emphasis
in the consumer electronics business over the next several years and
we believe that Emerson will be a value product to the mass market in
this area. We believe the Emerson Radio brand name, which is
recognized as one of the top brands in consumer electronics, will help
drive not only the Internet-television interface products, but also
the second and third generation units which VIScorp has already
demonstrated to us. We are currently a major supplier to some of the
largest retailers in the U.S., such as Wal-Mart, Target and Kmart and
believe these retailers will be looking forward to getting into
interactive TV products with the Emerson Radio brand name, a brand
name that has always sold well in their stores."
Visit the company's Web page at http://www.vistv.com/, and direct
e-mail to flo@vistv.com.

Product names mentioned herein may be trademarks and/or registered
trademarks of their respective companies

CONTACT: Florine Radulovic of VIScorp, 312-655-0903; Tad Gage,
General Information, 312-640-6745, or Bess Gallanis, Media,
312-640-6537, both of The Financial Relations Board (VICP)

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