FOR IMMEDIATE RELEASE

CONTACT:
Doug Mohney
Director of Marketing
Voice: 301-398-0500
Fax: 301-598-0837
e-mail: moo@skycache.com

SkyCache(TM) Renovates Internet Through Satellite Data Delivery Technology
SkyCache Marries Satellite Broadcast With Large Cache Community

ISPCON, Baltimore Convention Center, March 17, 1998 - SkyCache, Inc. introduced today at ISPCON its first service, SkyCache, a cache-enhancing service that will radically change the way data traverses the Internet.

Bigger pipes aren't the solution for the most popular Web traffic and streaming media," remarks Doug Humphrey, President and Chief Executive Officer of SkyCache. "The Internet needs a fundamental change in how repetitive high-volume data is moved. SkyCache will be the catalyst for that change."

The SkyCache service uses satellite broadcast to constantly load the most often requested Internet Web and news traffic directly into customer-side, ICP-compliant caches. In addition, SkyCache uses reporting statistics from customer-side caches to build a large cache community. The combination of satellite broadcast technology with the creation of a large cache community offers a superior solution to the traditional stand-alone cache. ISPs and Fortune 1000 WAN/LANs have the potential to reduce 30-50% in current bandwidth utilization.

SkyCache utilizes WavePhore, Inc.'s (Nasdaq: WAVO) advanced satellite receivers and uplink equipment to create this new Internet data delivery network. WavePhore is installing one-meter satellite dishes and four megabit per second IDR V1000 variable bit rate satellite receivers with Ethernet output at every SkyCache customer site. WavePhore has also installed its network management system at SkyCache's Laurel, Maryland uplink facility, which is expected to serve more than 200 locations within the next twelve months.

ADVANTAGES OF SKYCACHE
By receiving periodic updates of the most popular Internet Web and news traffic via satellite and bypassing congested Network Access Points (NAPs), ISPs and WAN/LAN operators experience a dramatic reduction in bandwidth usage, greater Internet response times, and a substantial reduction in communication costs. End users also reap faster response times since the most commonly requested Web site pages are stored at local servers.

SPRING ISPCON '98
Doug Mohney, director of marketing, Humphrey and sales executives will be available to answer questions about these new products at ISPCON booth #661.

Humphrey will be presenting at ISPCON during the following sessions: Keynote speaker on Tuesday, 9:00 AM, Room: 1; "SkyCache - Moving the Web to the Edge of the Network" on Tuesday, March 17, 1:30 PM - Room: 310; and the moderator of the "Caching Panel," Thursday at 4:30 PM - Room: 310.

SkyCache is hosting an evening reception for the press and customers on Wednesday, March 18, from 7-10 PM, at the B&O Railroad Museum in Baltimore.

SKYCACHE, INC.
SkyCache is devoted to the implementation of high-speed one way digital distribution systems, application in the movement of digital audio and video data streams, World Wide Web content, and the synchronization of distributed data systems. The corporation is headquartered in Laurel, Maryland and founded by Internet pioneer Doug Humphrey. Humphrey is the founder of DIGEX, Inc., a 1991 basement startup ISP that was sold for $150 million to Intermedia Communications, Inc. in 1997. Humphrey retired from DIGEX in 1997 to start SkyCache. Additional information on SkyCache services is available at www.skycache.com. "SkyCache" and its logo are trademarked throughout the world.