CHANTILLY, VA -- (MARKET WIRE) -- 10/04/06 -- TV Worldwide, the first web-based global TV network, announced today that it had been selected by Rhode Island's Committee to Elect Frank Caprio to launch the first Internet TV channel for use in a political campaign, Caprio TV (www.CaprioTV.com). The launch of the channel is attracting national attention for Caprio, who has already won past awards for his campaign web site and its content. Caprio was also the first candidate in the nation to use Video on Demand via Cox Communications ON DEMAND channel airing for free viewing "Caprio - The Biography." If elected, in addition to connecting with constituents via Internet TV, Caprio, a technology advocate who has distinguished himself as an independent leader in Rhode Island state government, has vowed to enable citizens to check how each taxpayer dollar is being spent by the state, on-line.

"We say that the Internet acts like a virtual handshake for political candidates: it's a good supplement to, but not a replacement for, real world contact," stated Julie A. Barko Germany, Deputy Director of The Institute for Politics, Democracy and the Internet at George Washington University's Graduate School of Political Management. "However, video, like Caprio's new online TV channel, makes a far more powerful impact. It appeals to our emotions. It shows us how the candidate walks and talks and interacts with people."

"Regardless of where one falls in the political spectrum, Frank is viewed as a respected pioneer in constituent communications," commented Dave Gardy, CEO of TV Worldwide. "More importantly, he has the vision to press the envelope with innovative new media approaches to interact with citizens, and that's why we enjoy working with him on this Internet TV channel effort."

"We called on TV Worldwide's extensive expertise to help us build an Internet TV channel to communicate with a range of audiences on Caprio TV," stated Frank Caprio. "Stimulating interactive communication is integral to this, because we get the feedback from voters we need to run a successful campaign and once elected, ideas we can use for solutions that work in state government."

"During the presidential election in 2000, just having a Web site was a big deal. In 2004, the focus was on blogs and online fundraising. The 2006 elections are all about MySpace and YouTube," remarked Barko Germany. "By 2008, Web video will be the standard, and we suspect many candidates will develop their own online TV channels. You might say that video is the next frontier for political candidates."

CaprioTV.com provides voters the opportunity to view short, easily assimilated video segments on relevant issues such as Frank Caprio's position on pension fund reform along with public access to state treasury information. The flexibility of online television will allow Mr. Caprio to respond to additional issues as they arise throughout the campaign.

About TV Worldwide

As the leading global Internet broadcasting and streaming media company, TV Worldwide (www.tvworldwide.com) pioneered the first network of video channels that is an affiliation of community-based Internet television stations, "aimcasting(SM)" to targeted demographic audiences worldwide. TVWorldwide.com works with strategic partners to develop the latest in live and archived state-of-the art video streaming content applications for these Internet TV channels. TVWorldwide.com has been named one of the streaming video industry's "Hottest Streaming Companies" by Streaming Magazine, and CEO Dave Gardy was honored by the magazine as one of the 50 Most Influential People in Streaming Media. Mr. Gardy currently serves as President of the International Webcasting Association (IWA) www.webcasters.org.

About Frank Caprio

Making government work for people is how Frank T. Caprio sees his role as an elected public servant. He has distinguished himself as an independent leader in state government over the past fifteen years. He credits his outspoken advocacy for the constitutional amendment commonly referred to as Separation of Powers as a very important event in his public service career. Against the wishes of Rhode Island legislative leaders, Frank T. Caprio, as a State Senator, called for passage of the stalled Separation of Powers amendment in 2002. As a result of his vocal support for the amendment, the then Senate leadership sought to punish Caprio by removing him from his post as Chair of the powerful Senate Finance Committee in August of 2002.

During the next year, both the House Speaker and Senate President, individuals who fought against the people of Rhode Island and Caprio on the Separation of Powers amendment, had their political careers end abruptly. The amendment passed the legislature and went on the state ballot in 2004. Rhode Islanders made it law with almost 80% approval. Separation of Powers changed how Rhode Island government functions, making it more like the federal and most other state governments.

Being removed from a leadership post in 2002 because of his public stand against state house insiders is an example of the political courage Caprio has exhibited during his public service career. As the next Rhode Island General Treasurer, Caprio wants to put Rhode Island's interests ahead of any special interest. He does not want wasteful government spending. He wants government to be open, accountable, and efficient.

Frank T. Caprio -- Brief Biography

--  Son of Joyce and Judge Frank Caprio
--  Attended Narragansett public schools & Bishop Hendricken High School
--  Providence Journal All-State football player 1983 and baseball player
    1984
--  Warwick Beacon Student Athlete of the Year 1984
--  USA Today honorable mention All-American football player 1983
--  Accepted early decision to Harvard University
--  Economics major at Harvard -- Class of 1988
--  Harvard Baseball -- Captain, All-Eastern League, outfield
--  Harvard Football -- '87 champions, All-Ivy League, defensive back
--  Elected as RI Delegate to 1988 Democratic National Convention
    (Atlanta)
--  Juris Doctor degree from Suffolk University Law School -- 1991
--  Member R.I. and Massachusetts state and federal bars
--  Attorney focusing on corporate, finance and tax matters
--  Elected RI House of Representative 1991-1994
--  Elected RI State Senate 1995 -- present, Chair Senate Finance
    Committee 2001-2002
--  Chair Senate Commerce, Housing and Municipal Committee 2004-present
--  Married to Gabriella Caprio
--  Children -- Ashley & Frank II
    

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