HELIUS ACQUIRES STREAMRIDER, INC., FORMERLY 2NETFX

LINDON, Utah– January 7, 2002–Helius, Inc., the premier technology developer for satellite data solutions, today announced it has acquired StreamRider, formerly known as 2netFX. The acquisition of StreamRider extends the Helius reach from the router to the desktop.

"The acquisition of StreamRider, and its technologies are key components in our business strategy to expand Helius' role in multimedia services," says Myron Mosbarger, President and CEO of Helius. "It adds new content streaming products and broadens our offering, allowing us to deliver even more complete solutions for our customers."

In a vote of confidence by their investor Helius received additional funding to continue the development of their industry leading satellite solutions. Mr. Mosbarger continues, "This acquisition is a key asset to Helius' strength and position in the broadband multimedia and business TV markets. It will allow us to provide both front and back-end solutions for broadband service providers and their customers."

"StreamRider’s strengths include a strong client viewer with outstanding graphical user interfaces and file management software to match. Our products, packaged with those of Helius, a pioneer in the satellite data distribution industry, create great value because of the ease of deployment and cost savings." Says Wally Marsden, former StreamRider, Inc. VP of Engineering,

The StreamRider client software is an application that allows users to tune live to a multicast or unicast video stream and view it on a player application at their desktop. Stored files can be viewed at any time. The product offers industry-leading features such as an Intuitive Program Guide, Recording Capability, and Program Archiving. Helius will both package and sell separately the client viewer, StreamRider, with their Satellite Router and their multicast file distribution product, MediaWrite.

Helius will use the existing client viewer and further develop it to run as a plug-in to the most popular client media applications like Microsoft MediaPlayer and Real Networks RealPlayer. Helius will also continue the development of StreamRider’s video server by porting it to more operating systems.

About Helius

Helius Inc. provides technologies for the broadband satellite applications of IP multicasting, content distribution, streaming media and interactive Internet. Helius sells a full spectrum of satellite products including the Helius Satellite Router–a fully integrated digital video broadcast, multicast and unicast router. MediaWrite–a high speed data distribution for both satellite and LAN’s. StreamRider–a full-motion, full-screen, MPEG1 or MPEG2 video player at the desktop, as well as Professional Engineering Services–network design & specification, integration and consulting. Founded in 1995, Helius is based in Lindon, Utah, and is a holding under the Canopy Group Investment Company. For more information visit http://www.helius.com or call 801-764-9020.

– end –

Helius is a trademark of Helius Inc.