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Dan Rayburn To Produce Webcasts Of Attempts To Win $10 Million X PRIZE For Private Space Travel

X PRIZE Offers Technology Companies Unique Visibility by Participating in International Webcasts
St. Louis, MO(3/1/2004) -

The X PRIZE Foundation today announced that it has secured Dan Rayburn to produce a series of live webcasts of the X PRIZE competition. More than 20 teams are entered in the X PRIZE competition, a $10 million purse that will be awarded to the first person or team to fly a privately-funded three person suborbital spaceship 100km (62 miles) to the edge of space, return safely, and then fly again within two weeks. Teams from Argentina, Canada, Israel, Romania, Russia, UK, and the United States are entered. A complete listing and profiles of their spaceships can be found at www.xprize.org

Whenever a team is ready to make its attempt, the X PRIZE Foundation will be onsite with webcast production teams producing two 3-hour live webcasts. A variety of space and aviation luminaries will be participating at the event site and it is anticipated that there will be a large local attendance, extensive worldwide media coverage and thousands of online visitors during the two-week events. A limited number of sponsorships are available for technology companies who wish to participate in this once-in-a-lifetime event.

?It is quite rare for the content of a webcast to have the real potential to impact so many people?s lives like the possibility of private spaceflight. When I heard what the X PRIZE was about, I instantly wanted to support this project and use it to showcase some of the latest streaming media technology?, said Dan Rayburn, X PRIZE webcast producer.

"As we have seen with the Mars Rover landings, the public at large is fascinated by space travel. The X PRIZE webcasts will show the public not only the latest advancements in space travel but also the latest Internet technology available today to make it viewable to a worldwide audience?, said Dr. Peter Diamandis, Founder and Chairman of the X PRIZE Foundation.

Dan Rayburn will be assembling the team of companies who will provide all of the Internet technology including audio video production, satellite services, encoding, live webcast services and website infrastructure for this exciting event. The webcasts provide a unique opportunity for technology companies to showcase their latest products and services enabling this event to have a worldwide audience via the web. A variety of sponsorship levels will be available for companies who desire to participate.

About the X PRIZE Foundation (www.xprize.org)
The X PRIZE Foundation is a not-for-profit educational organization, with headquarters in St. Louis, Missouri. Supported by private donations and the St. Louis Community, the foundation's mission is to provide incentives in the private sector to make space travel frequent and affordable for the general public. A winner of the X PRIZE Competition is expected within the next 10-16 months.

To find out how you can join the efforts of the X PRIZE, or involve your neighborhood school or community center with X PRIZE educational programs, visit www.xprize.org or contact the office at 314-533-2002.

About Dan Rayburn (www.danrayburn.com)
Dan Rayburn brings nearly ten years of experience in founding and growing successful technology companies in the streaming media sector. Recognized as one of the Internet industry?s foremost authorities, speakers, and writers on Streaming and Digital Media Technologies, Mr. Rayburn is widely considered one of the most experienced individuals pertaining to digital media business models, strategy, industry foresight, hardware and software products, delivery methods and cutting edge technology solutions in the US and abroad.

He has developed, consulted, and implemented streaming media solutions and webcasts for many companies in the enterprise, entertainment and government sectors including A&E, ABC, Apple, Atlantic Records, American Express, BMG, BP, CBS, Cisco, Elektra, Excite.com, HBO, House Of Blues, ifilm, Indy 500, Intel, ITN, Microsoft, MTV, Pepsi, Price Waterhouse Coopers, Qualcomm, RealNetworks, Sony Music, Twentieth Century Fox, United Nations, Viacom, VH1 and Warner Brothers among others.

NOTE TO EDITORS:

Electronic images of all X PRIZE entries are available on the X PRIZE website (www.xprize.org) or by contacting Ian Murphy at 202-662-1280 or via email: press@xprize.org. Video B-ROLL is available in beta format upon request. Interviews with Dr. Diamandis are possible by contacting Ian Murphy at 202-662-1280

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