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Video Without Boundaries, Inc., a pioneer in the emerging broadband media device market, today is announcing the development of the MediaREADY Flyboy(TM) Personal Media Player. The MediaREADY Flyboy™ is an ultra-slim portable MPEG4 media player and recorder capable of carrying hours of video and music and thousands of pictures. The product will be on display at the 2005 International Consumer Electronics Show (CES) in Las Vegas being held January 6th - 9th, 2005. The Video Without Boundaries demonstrations will take place at the Las Vegas Convention Center South Hall 1 Booth #20343.

According to a recent Jupiter Research survey, 51% of consumers would watch movies on a portable media player. 55% of them are interested in watching TV shows on such a device. That compares with 79% of consumers who like the idea of listening to music (a la Apple Computer's iPod). For these consumers, the MediaREADY Flyboy™ comes exactly at the right time.

The Linux-based MediaREADY Flyboy™ Portable Media Player allows you to record up to 80 hours of video, store over 200,000 digital pictures, or hold up to 740 hours of music on its 40 GB hard drive and enjoy it all on the move. The Flyboy has an easy to watch 3.5 inch LCD screen with built-in speakers. The internal USB 2.0 hard drive allows your Flyboy to receive files from a connected MediaREADY™ 4000, MediaREADY™ 5000 or PC. The MediaREADY Flyboy™ has a $349 MSRP and is scheduled to hit retail shelves in early 2005.

"According to a report from In-Stat/MDR, the market for these devices is projected to grow 700 percent in 2004, and a CAGR (compound annual growth rate) of 179 percent through 2008 is also expected," commented Jeffrey Harrell, CEO and President of Video Without Boundaries. "This latest research shows that consumers are interested in having more than just audio on the go. Our MediaREADY Flyboy™ takes your video, music, pictures, and data and gives them wings!"

MediaREADY Flyboy(TM) Highlights:

• MPEG4 Video Player/Recorder --
  Record up to 80 hours of video on your Flyboy and watch it on a 3.5 inch LCD screen or connect it to a TV for convenient playback. Supports RealOne player.
  
  
• MP3 Player -- Hold up to 740 hours (12,000 songs) of MP3 music. You can transfer your entire MP3 collection in no time at all via USB 2.0 connection.
  
  
• Digital Picture Storage -- Store over 200,000 digital pictures (1600x1200 pixels). View your pictures on the LCD screen or throw them up on Grandma's TV via RCA output. Includes 3x zoom functionality.
  
  
• Digital Voice Recorder -- Record meeting notes, to do list or a jam session with the Flyboy's built-in microphone.
  
  
• Data Storage Center -- When connected to other MediaREADY™ devices or a PC, the Flyboy is an external hard drive for transporting and storing data files. Built-In Speaker and
  
  
• Earphone output -- Whether you want to entertain your neighbors or keep it private, the Flyboy lets you plug in your earphones or crank it up over your built-in speakers