Alliance Includes Worldwide Redistribution, Archiving Rights
 Between Broadcasting Giant and Fastest Growing Business Intelligence Service

    LONDON, Dec. 9 /PRNewswire/ -- Political and economic news gathered by the
BBC from local television and radio broadcasts and news agency reports
originating in 140 countries is now available to subscribers of business
intelligence services provider WavePhore Newscast, a division of WavePhore
Inc. (Nasdaq: WAVO).  WavePhore Newscast announced its worldwide
redistribution and archiving alliance with BBC Worldwide Monitoring at the
Online Information '97 conference here.
    The political and economic news focuses on local reporting from Africa,
Asia, Europe, the Middle East, South America, and the former Soviet Union
which is gathered as part of the broadcasting giant's BBC Monitoring service.
Local broadcast and agency dispatches from 140 countries, covering 70
languages, are monitored, recorded and translated in the U.K. by the BBC, and
then are immediately fed into the Newscast Today service.  Six months of
reporting is also available for archival search and retrieval.
    The addition of BBC Monitoring's International Reports expands Newscast
Today's already formidable portfolio of international business news and
information sources.  Other European-based content providers to Newscast Today
include the Economist Intelligence Unit, Financial Times including AFX News,
and M2 Communications.  Additional European-based sources are expected be
announced next month.
    "Adding the BBC to our growing roster of international information
partners underscores our mission to provide our subscribers with access to the
world's preeminent sources of business news and information," said Peter
White, president of WavePhore Newscast.  "Recent Asian financial turmoil only
highlights the world's economic interdependency creating a new urgency for
corporations to receive current, locally produced reporting and analysis.  Our
job is to deliver that resource to our customers, when and how they need it."
    Newscast Today is the world's fastest growing real-time, custom-filtered
business intelligence service for corporate-wide use, now serving more than
160,000 business professionals worldwide.  Among its 3,000 sources are many of
the world's leading newswire services, publishers, broadcasters, financial
data and analysis providers, and government authorities.
    Corporations subscribe to Newscast Today to give their executives,
managers and knowledge workers access to up-to-the-minute competitive
intelligence, market analysis, and business and financial news.  Newscast
Today is accessible through the Internet, delivered via extranets and often
integrated into corporate intranets.  The service features real-time profiling
and filtering tools that enable each company and each user to customize a
personal stream of relevant information.

    ABOUT BBC Worldwide Limited
    BBC Worldwide Limited is a wholly owned subsidiary of the British
Broadcasting Corporation (BBC) and is responsible for developing the BBC's
commercial activities.  The BBC International Reports are produced by BBC
Monitoring, part of the BBC's international news gathering operation and
marketed by BBC Worldwide Limited.
    BBC Monitoring has been tracking and translating news stories since the
1930s when it was set up to monitor propaganda broadcasts from the Axis
powers.  Rapidly, BBC Monitoring gained a unique reputation for covering
crucial events as they unfolded.  During all major world crises, Monitoring
has been working behind the scenes providing an indispensable source of
authoritative, impartial news on political developments.
    Today, BBC Monitoring provides comprehensive coverage of relevant
television, radio, news agency transmissions as well as press and Internet
sources from over 150 countries in 100 languages to provide vital information
leading to decision makers and the world's media.  As well as political news,
Monitoring is covering more and more economic data, providing deeper insight
into the structure and events that form a country's politics.  More
information on BBC Monitoring new services can be found at
http://www.monitor.co.uk.

    ABOUT WAVEPHORE, INC.
    WavePhore Inc., the industry leader in data broadcasting, is comprised of
three divisions: WavePhore Networks, WavePhore Newscast, and WaveTop.
WavePhore Networks provides flexible high-speed data broadcast services and
equipment for leading information providers to more than 80,000 end user sites
worldwide.  WavePhore Newscast delivers real-time, customized business
intelligence from over 3,000 sources to more than 160,000 corporate knowledge
workers across the U.S., Canada, and Europe, providing a strategic information
advantage enterprise-wide.  WaveTop will deliver multimedia information and
entertainment to data broadcast-ready home PCs.  WaveTop has partnered with
PBS National Datacast to broadcast data through its 264 PBS member stations,
covering more than 99% of US television households.  Additional information on
WavePhore is available via the Internet at http://www.wavephore.com, http://www.wavo.com,
http://www.wavetop.net, and http://www.newscast.com. Based in Phoenix, Arizona, WavePhore,
Inc. is a publicly traded company (Nasdaq: WAVO).
    Certain of the above statements regarding WavePhore may constitute
forward-looking statements which may involve risks and uncertainties.  Actual
results could differ materially from such forward-looking statements as a
result of a variety of factors, including, but not limited to, technology
changes, competitive developments, industry and market acceptance of new
products and services, and risk factors listed from time to time in
WavePhore's SEC filings.

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