NuvoMedia, Inc. Secures Strategic Investment from Mayfield Fund

Rocket eBook™ to be demonstrated in David Coursey's Digital Living Room Pavilion at CES

Las Vegas, NV, January 7, 1999 - Completing a year in which it successfully launched the first product in the emerging ebook category, NuvoMedia today announced the addition of Mayfield Fund, a Menlo Park-based venture capital partnership, as a second-round investor. Terms of the investment were not disclosed. As part of the announcement, NuvoMedia also named Yogen Dalal, General Partner of Mayfield Fund, as a member of NuvoMedia's Board of Directors. NuvoMedia's Rocket eBook allows for the publishing, distribution, purchasing and reading of electronic content securely and efficiently over the World Wide Web via a network of online booksellers. NuvoMedia will demonstrate the Rocket eBook system January 7-10, 1999 at the Consumer Electronics Show in Las Vegas (Booth # 6650).

"The investment in NuvoMedia by Mayfield Fund continues our strategy of securing endorsement and financial backing from the major parties necessary to launch and sustain the new ebook category - publishers, booksellers and the venture capital community," commented Martin F. Eberhard, cofounder and CEO of NuvoMedia. "With this last round of financing now complete, NuvoMedia is well positioned for extended growth as we expand our position as the leading ebook provider."

"We're excited to be joining NuvoMedia in the early stages of their growth," said Mayfield Fund's Dalal. "NuvoMedia's Rocket eBook aligns with our mission to fund companies that have unique technology-driven products and services that address well-defined needs in rapidly growing markets such as Internet content and product delivery."

About NuvoMedia, Inc.

Headquartered in Mountain View, California, with offices in New York, New York and located on the Web at www.nuvomedia.com, NuvoMedia is dedicated to becoming the electronic book distribution solution by providing a network infrastructure for publishers, retailers and end users to publish, distribute, purchase and read electronic content securely and efficiently over the World Wide Web.

About Mayfield Fund

Mayfield Fund is a private venture capital partnership based in Menlo Park, California. Since Mayfield's founding in 1969, the firm has invested in more than 300 companies and has taken approximately 80 companies public. Today, these Mayfield-backed companies represent an aggregate market value of more than $100 billion. Mayfield's portfolio companies include: Advent Software; Aspect Telecommunications; BroadVision, Inc.; Calico Technologies; Citrix Systems; Concur Technologies; LSI Logic; Genentech, Inc.; Legato Systems, Inc.; Linear Technologies, Corp.; Millennium Pharmaceuticals; NuvoMedia, Quantum Corp.; 3COM Corp; The Vantive Corp. Teralogic, Tibco and Whistle Communications.