Press Release -- A.F. Associates, Inc. (AFA)

A.F. Associates to Design and Build High Definition Facility for New "Wealth TV" Network
A.F. Associates Announces First Project Utilizing New San Jose Facility
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NORTHVALE, N.J. (Jan. 12, 2004) -- A.F. Associates, Inc. (AFA), an Ascent Media Network Services company and designer and integrator of turnkey systems for broadcast, cable, satellite, and corporate clients, has been contracted by Herring Broadcasting to design and build facilities to produce and originate "Wealth TV," a high definition network scheduled to launch in the summer of 2004.

Technical facilities will include HDTV studios, various post-production suites, digital content management, and network origination for the San Diego-based network. Major equipment will include Sony HDC930 cameras, a Sony MVS-8000 production switcher, Pinnacle servers, Harris automation, and Final Cut Pro editing systems.

"All of us at A.F. Associates are excited to be part of a start-up network that will be fully HD," said AFA President Tom Canavan. "We are also pleased that Wealth TV immediately showcases the value of our January 1st acquisition of Sony's Systems Integration Center. Our new resources, increased west coast presence and industry-leading HD experience will greatly facilitate this fast track project."

"We have great confidence in the A.F. Associates team," said Robert Herring, Sr., President and CEO, Herring Broadcasting. "With the resources of Ascent Media and the proven technology of Sony HD, we are free to direct all of our energies into acquiring and developing the best programming possible for Wealth TV."
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About A.F. Associates
A.F. Associates provides engineering consultation and turnkey systems for the broadcast, cable, entertainment, satellite, production/post production and corporate video industries. Turnkey systems integration services include: project management, engineering, documentation, detailed design, equipment procurement, pre-wiring, installation, and commissioning. AFA maintains headquarters in Northvale, NJ, a full operations facility in San Jose, CA, and an office in Tampa, FL.

About Ascent Media Network Services
Ascent Media Network Services (AMNS) specializes in video distribution and post-production services, with facilities in key hubs including Los Angeles, New York City, Stamford, CT, Northvale, NJ, Minneapolis, London, and Singapore. Channel origination, master control, creative services and transmission are among the many offerings utilized by the major broadcast and cable networks as well as other content providers. In addition, the group provides a full array of engineering and technical services for broadcast, cable, satellite, and corporate clients. AMNS is part of Santa Monica, CA-based Ascent Media Group, which provides a wide range of services to the media entertainment industry.

About Wealth TV
Wealth TV is a lifestyles and entertainment network designed to appeal to a broad market demographics, providing a behind the scenes look into how the wealthy achieved, live, and enjoy their success. Wealth TV is launching numerous new programs in true high definition (HD) format, not up-converted. Currently, fresh and exciting HD format programming is being produced exclusively for Wealth TV designed to be highly appealing to the high-end viewing audience.

Source: A.F. Associates, Inc. (AFA)



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