HDNet Signs Dan Rather to Three-year Deal

PASADENA, CA - July 11, 2006 - HDNet is excited to announce today that one of the most accomplished news journalists of our generation, Dan Rather, will produce and host "Dan Rather Reports," premiering exclusively on HDNet this October. A weekly news program, "Dan Rather Reports" will feature hard-edged field reports, interviews and investigative pieces. It will be one-hour in length and will be completely uncensored. It will reflect the signature qualities of its host with a focus on accuracy, fairness and guts. "We're thrilled that Dan is now part of HDNet " said Mark Cuban, Co-Founder of HDNet. "Now that he is finally released from the ratings driven and limited depth confines of broadcast television, I am excited about the impact Dan can have on the future of news." "Hard news needs backers who won't back down. Mark Cuban is such a leader," said Rather. "As a team player I intend to give Mark and HDNet all of the hard work, loyalty and fearless, high quality reporting possible." Cuban and Rather will expand upon the program and address questions at the Television Critics Association Tour at the Ritz-Carlton, Huntington Hotel and Spa in Pasadena, CA at 4:00 Pacific Time. About HDNet HDNet (www.hd.net) provides viewers with the best in original comedy, drama, news, sports and music programming. HDNet is your exclusive, high-definition home for popular, critically acclaimed original programming including television's only HD news feature programs "HDNet World Report," "NASA on HDNet" (presenting live shuttle launches through 2010), and, beginning in October, "Dan Rather Reports." HDNet presents championship sports coverage featuring the National Hockey League, Major League Soccer, NASCAR Grand National Division and Mixed Martial Arts including World Extreme Cagefighting and the Diesel Fighting Championships; groundbreaking music programming with the HDNet Concert Series featuring leading artists and bands including U2, Eminem, Gorillaz and more, plus original music programs "Sound Off with Matt Pinfield," "True Music" and "On Stage at World Cafe Live"; groundbreaking interview shows including "Face 2 Face with Roy Firestone" and "Higher Definition," in addition to fun and irreverent lifestyle programming including "Deadline!," "Art Mann Presents," and "Get Out!" HDNet is also the exclusive high-definition home to the critically acclaimed and award winning programs such as "Dead Like Me," "Smallville," "Joan of Arcadia," "Boomtown" and "Andy Richter Controls the Universe." HDNet Movies produces and broadcasts more original movies than any other network and is the exclusive home of day and date movie releases from HDNet Films including the Academy Award nominated "Enron: The Smartest Guys in the Room," Toronto Film Festival nominee "The War Within," and "Bubble," the first of six movies by acclaimed director Steven Soderbergh and produced exclusively for HDNet Films. Other HDNet Films releases include "One Last Thing" starring Cynthia Nixon, "Herbie Hancock: Possibilities," and coming soon, Matt Taubers' Tribeca Film Festival nominee "The Architect," starring Anthony LaPaglia and Isabella Rossellini, "Diggers," starring Paul Rudd, Ron Eldard, Maura Tierney and Lauren Ambrose, "Quid Pro Quo," starring Nick Stahl and Vera Farmiga, "Hunter," the story of the life and death of infamous gonzo journalist Hunter S. Thompson from director Alex Gibney, and producer Graydon Carter. Also coming soon are "Fay Grim," from maverick writer-director Hal Hartley, starring Superman's Parker Posey and Jeff Goldblum, and "Broken English," from Zoe Cassavetes, starring Gena Rowlands, Parker Posey, Drea de Matteo and Griffin Dunne. Many more are to come. HDNet Movies also features a wide selection of major studio theatrical releases - all uncut, unedited, and appearing in their original aspect ratio so that HDNet viewers get the best possible home theater experience. The HDNet networks are available on Adelphia, Bright House, Charter, DIRECTV, DISH Network, Insight, Mediacom, Time Warner Cable and more than 40 NCTC cable affiliate companies. For more information visit www.hd.net. Contact: Colette Carey, HDNet (303) 542-5576 (office) (303) 875-7275 (cell)