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Probex Successfully Closes on $12.5 Million Financing

Probex Corp. (AMEX: PRB) Financing to assist in continuing
engineering and development work leading up to construction of
Wellsville, OH, reprocessing facility.  Groundbreaking set for
first quarter 2001.  Probex - New, patented, unparalleled, highly
economic and environmentally beneficial motor oil reprocessing
technology.

For more information, click:
http://205.210.134.51/a1.asp?ID=3D1261aa

AOL USERS: copy & paste the link above into your browser.
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Yahoo! Unveils Yahoo! Webcast Studio; New Webcast Production Platform
Streamlines Delivery of Rich, Interactive Events

SANTA CLARA, Calif., Dec 13, 2000 (BUSINESS WIRE) -- Yahoo! Inc (Nasdaq:YHO=
O)
today unveiled the Yahoo!(R) Webcast Studio, a new platform that will enhan=
ce
the flexibility and delivery of Internet broadcast events through greater
automation and production efficiencies. Yahoo! Webcast Studio combines the
entire suite of Internet broadcasting services and tools that Yahoo! provid=
es
for thousands of companies each year through Yahoo! Broadcast's streaming
services.

Yahoo! Webcast Studio enhances Yahoo!'s turnkey Internet broadcasting servi=
ces
by streamlining the process to produce and deliver branded Webcasts over th=
e
Internet or corporate intranets. The robust production engine can rapidly
deliver a custom Webcast that includes the following:


--  An embedded video window;

--  Synchronized data window;

--  Embedded browser; and

--  All of the interactive tools that are currently offered
through Yahoo! Broadcast.

New features that Yahoo! Webcast Studio builds into the broadcast include:


--  Automatic detection of the end-user's media player;

--  Automatic detection of the end-user's optimal bandwidth; and

--  Automatic slide synchronization feature allowing the archive
of the live event to be available as soon as the live event
has ended.

"Mass customization of Webcast production and delivery is now upon us," sai=
d
Stan Woodward, vice president of Business Services for Yahoo!. "With this n=
ew
production engine, we are bringing all of our experience and capabilities t=
o=20
one
platform. We believe this is the future for Webcasting and expect potential
applications such as corporate broadcasting centers and self-serve Webcasti=
ng
for experienced, high-end customers will grow from this powerful new=20
platform."

Digital Planet recently used the Yahoo! Webcast Studio platform for rapid
production and delivery of the live Webcast for the post-premiere party of
Universal's "How The Grinch Stole Christmas." Viewers of the live Webcast w=
ere
able to enjoy actor interviews, movie clips, e-mail questions, and purchasi=
ng=20
of
movie products and Dr. Seuss books through Yahoo!'s commerce-enabling
capabilities.

"The production and streaming of The Grinch post-premiere party Webcast=20
couldn't
have been better. In less than 48 hours we were broadcasting over the Inter=
net
the exact look, feel, and features we wanted for this exclusive event," sai=
d
Steven Chester, President of Digital Planet.

A Comprehensive Suite of Internet Broadcasting Services and Tools for Busin=
ess
Customers

Yahoo! Broadcast is an industry leader in delivering end-to-end services an=
d
tools for a wide range of corporate Webcasting applications including: comp=
any
earnings calls; annual corporate meetings; press conferences; Web-seminars;
internal and external product launches; distance learning; and corporate
television programming.

The Yahoo! Webcast Studio incorporates the existing suite of tools that=20
business
customers can select to enhance interactivity of their Webcasts, collect
valuable audience feedback, and track results. These tools include the
following:


--  Self-Serve Reporting -- Through registration, this allows
customers to measure audience attendance and collect a private
target email list of highly qualified leads.

--  Presentation Manager -- This allows customers to push
synchronized slides to large, scalable audiences and even edit
slides in real time.

--  Question Manager -- Users can submit questions before and
during the Webcast; the back end administrative tool makes it
easy for the Webcast moderator to select, categorize and
answer questions.

--  Polling Manager -- The Polling Manager enables customers to
poll users during a broadcast to gauge interest in certain
topics and tailor the presentation accordingly in real-time.

View an Example Broadcast Created by the Yahoo! Webcast Studio

The archived Webcast of The Grinch post-premiere party, which was produced =
and
delivered using Yahoo! Webcast Studio, can be viewed at:
http://webevents.broadcast.com/bn/grinch/. Companies interested in the Yaho=
o!
Webcast Studio can send their inquiries to dobusiness@broadcast.com or call
214/782-4444 for more information.


About Yahoo! Broadcast

Yahoo! Broadcast is an industry leader in providing live audio and video
streaming media services for a wide range of customers, including sports
leagues, media and entertainment companies, television and radio stations,
corporations, advertisers and merchants. During the month of September 2000
alone, Yahoo! Broadcast streamed over 15 million hours of corporate and=20
consumer
programming.


About Yahoo! Inc.

Yahoo! Inc. is a global Internet communications, commerce and media company=
=20
that
offers a comprehensive branded network of services to more than 166 million
individuals each month worldwide. As the first online navigational guide to=
=20
the
Web, www.yahoo.com is the leading guide in terms of traffic, advertising,
household and business user reach, and is one of the most recognized brands
associated with the Internet. The company also provides online business=20
services
designed to enhance the Web presence of Yahoo!'s clients, including audio a=
nd
video streaming, store hosting and management, and Web site tools and=20
services.
The company's global Web network includes 24 World properties. Yahoo! has
offices in Europe, the Asia Pacific, Latin America, Canada and the United
States, and is headquartered in Santa Clara, Calif.

Note to Editors: Yahoo! and the Yahoo! logo are registered trademarks of=20
Yahoo!
Inc. All other names are trademarks and/or registered trademarks of their
respective owners.


CONTACT:          Yahoo! Inc
Chris Homan, 214/782-4356
choman@yahoo-inc.com
or
Fleishman-Hillard
Ana Cano, 214/665-1324
canoa@fleishman.com

URL:              http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

Copyright (C) 2000 Business Wire.  All rights reserved.

-0-


KEYWORD:          CALIFORNIA
INDUSTRY KEYWORD: ELECTRONIC
GAMES/MULTIMEDIA
ENTERTAINMENT
INTERNET



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