YouthStream Launches the Ultimate Online Basketball Pool Shoot, Score, Win a Million! Sweepstakes via sixdegrees.com

sixdegreesusers can enter to win autographed memorabilia from basketball legends like Larry Bird, Michael Jordan, Magic Johnson; Not to mention ... one lucky person could win one million dollars!

NEW YORK--(BUSINESS WIRE via COLLEGIATE PRESSWIRE)--March 7, 2000--Attention hoops fans, contest enthusiasts, or anybody looking to win a million dollars! YouthStream Media Networks, Inc. (NASDAQ NM:NETS), the only omnimedia company to serve the young adult market and publishers of sixdegrees(R) and mybytes.com(TM), today tipped off of its Shoot, Score, Win a Million! Sweepstakes based on the outcomeof the National Collegiate Athletic Association (NCAA) Men`s
Basketball Championship 2000. The lucky entrant who selects the winning teams via sixdegrees (http://www.sixdegrees.com) for all sixty-three games played over the three-week time period will be eligible to win the Grand Prize of a cool one million dollars! In addition, sixdegrees users can win thousands of dollars in cash prizes and autographed sports paraphernalia by entering a progressive bracket contest that is played and scored on a weekly basis.

Open to sixdegrees registrants new and old, the promotion begins 9:00 a.m. EST, March 13, 2000 and ends at 6:00 p.m. EST on April 1, 2000. Members can click on the Shoot, Score, Win a Million! icon to enter the Million Dollar Game. Before the tournament begins, users must have selected their picks for all sixty-three games played. Points are earned for each winning team selected and the entrant who selects the winning teams for all the games wins the whopping one million dollar grand prize. The entrant with the highest point accumulation will be awarded a second-place prize of a multi-station home gym valued at approximately $5,000 - not too shabby!

''The NCAA Men`s Basketball Championship captures the attention of a massive audience that doesn`t simply watch the event but rather interacts with it by participating in pools and contests. The sweepstake on sixdegrees appeals to anyone who has ever filled out their picks in a newspaper, anyone who has competed in a pool with their co-workers friends and family, and anyone that is affiliated with a school in any way that has made it in to the tournament,'' says Harlan Peltz, CEO of YouthStream. ''We are truly bringing the excitement of the NCAA tournament to our users.''

In addition to the million-dollar game, sixdegrees users may also enter the sweepstake on a weekly basis. Entrants who win the highest point total in each week are eligible to win the prize of the week.

-- Week One - Consists of Rounds One and Two of the tournament. Entries must be submitted beginning 9:00 a.m. EST March 13, 2000 through 12:00 p.m. EST on March 16, 2000. The entrant with the highest point accumulation for Week One will win a Boston Celtic road jersey autographed by Larry Bird and a Magic Johnson autographed basketball which are together valued at approximately $925.

-- Week Two - Consists of Rounds Three and Four of the tournament. Entries must be submitted beginning 9:00 a.m. EST March 20, 2000 through 12:00 p.m. EST on March 23, 2000. The entrant with the highest point accumulation for Week Two will win an Upper Deck Authenticated Chicago Bulls retirement jersey autographed by Michael Jordan valued at approximately $1,750.

-- Week Three - Consists of Rounds Five and the Final Round of the tournament. Entries must be submitted beginning 9:00 a.m. EST March 27, 2000 through 6:00 p.m. EST on April 1, 2000. The entrant with the highest point accumulation for Week Three will win a basketball autographed by the 1987 All-Star Team valued at approximately $1,250.

The person who has the highest point accumulation in all three weeks of the weekly games is eligible to receive a $10,000 cash prize. Random play prizes will also be awarded through out the weekly game.

sixdegrees is a leading global online community where more than 3 million members in over 165 countries come to meet new people through their friends. Inspired by the theory that every person in the world is connected to every other person through at least one path of six relationships, sixdegrees is able to connect nearly every one of its members to each other through the people they know in real life. Members use unique, proprietary sixdegrees tools, including personalized bulletin boards, special interest groups, live chat rooms, people search tools and a services marketplace, to meet, interact and transact with each other.


About YouthStream Media Networks

YouthStream Media Networks, Inc is the only omnimedia company serving the young adult market through its online and offline family of holdings. Founded in 1994, YouthStream`s multimedia brands span a spectrum of fully integrated but distinct properties, including an online networking community with more than 3 million subscribers called sixdegrees(R); a collegiate focused Web site, mybytes.com(TM); the only digital electronic network of cinemas featuring advance screenings of major motion pictures reaching more than 1 million students at universities across the US; an event promotions company with access into 600 of the nation`s largest campuses; the country`s leading college newspaper advertising placement service; the highest circulation magazine in the collegiate marketplace reaching more than 650 college campuses; the largest free postcard advertising brand and circulation in the nation; the top seller of posters to the collegiate market; the biggest and oldest network of on campus wallboards; and the nation`s only college online research service.

In all, over 7,000 high schools and 2,000 colleges across the U.S. rely on the YouthStream omnimedia family to provide educational, informational and promotional material.

Except for the historical information herein, the matters discussed in this news release are forward looking statements that involve risks and uncertainties, including the timely development and acceptance of new products, the impact of competitive products and pricing, and other risks detailed from time to time in the company`s SEC reports, including the annual report on Form 10-KSB for the fiscal year ended June 30, 1999 and its most recent quarterly report filed on Form 10-QSB for the second fiscal quarter ended December 31, 1999.

mybytes.com and sixdegrees are registered trademarks of YouthStream. All other company names, brand names and product names are the proprietary property of their respective owners.