GEO is the leading provider of streaming video solutions through its

worldwide-patented technology Emblaze. The robustness of Emblaze and

its ability to perform across all platforms has been the key factor in

GEO’s success. The Emblaze technology is increasingly acknowledged

across the globe as a world leader.

As a result of this approval, the company will conduct business under

the new name of Emblaze Systems Ltd. All wireless products and

technologies will go under the umbrella brand Emblaze to convey the

nature of this unique end-to-end solution (Emblaze Wireless Media

Platform, Emblaze A2/3, Emblaze Player). Zapex Research, GEO’s fully

owned subsidiary, which contributes a major part of the Emblaze Wireless

Technology, will also be part of this umbrella brand and be known as

Emblaze Research.

Eli Reifman, Chief Executive Officer of GEO stated: We are very

pleased that shareholders have shown this support for our strategy to

merge the Emblaze technology name and our corporate identity. This

enables us to better leverage awareness of the Emblaze brand and further

broaden our reach. We remain confident in the strength of the business

and look forward to further successes in 2001 and beyond as Emblaze

Systems Ltd.