This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially as a result of a number of risks and uncertainties affecting the Company's business. Such risks include, but are not limited to, the following: no assurance that e-commerce will grow, grow at rates in excess of the professional graphics business or grow at rates suggested by industry analysts; no assurance that MetaCreations' ramping up in its spending on MetaStream.com will accelerate its deployment of e-commerce solutions; no assurance that MetaStream 3.0 will ship on time or include the functionality as described in this news release; no assurance that MetaCreations' new licensing model for MetaStream will be successful or that e-tailers or e-merchants will pay license fees to broadcast MetaStream models from their Web sites; no assurance that the Company will be able to leverage its graphics software technology to deploy authoring capabilities for MetaStream; no assurances that the Company will be able to sell its non-strategic assets or generate cash from the sale of those assets. For a more detailed discussion of factors that affect MetaCreations' operating results, interested parties should review MetaCreations' SEC reports, including MetaCreations' Annual Report on Form 10-K for the year ended Dec. 31, 1998, and Quarterly Reports on Form 10-Q.

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