Neidiger, Tucker, Bruner, Inc. Initiates Coverage Of New Frontier Media, Inc. With a BUY rating

Apr 26, 2001, 01:00 ET from Neidiger, Tucker, Bruner, Inc.

    DENVER, April 26 /PRNewswire/ -- The following is being issued by
 Neidiger, Tucker, Bruner, Inc., a member of NASD Regulation, CRD # 7425.
 
     Effective April 16, 2001, Neidiger, Tucker, Bruner, Inc. has added New
 Frontier Media, Inc. (Nasdaq:   NOOF) to its recommended list with a BUY rating
 and a 12- month target price of $9.00 per share.  The Company licenses adult
 genre content and contracts to have it screened and edited to create
 programming for the cable and Direct Satellite Broadcast industries.
     Through their subsidiary IGallery, the Company controls the content and
 presentation of their programming via the Internet.
     Net revenues for the Subscription/Pay-Per-View Television Group for the
 nine-month period ended December 31, 2000 increased to $17.9 million or
 49% over the comparable prior year period.  Among the cable/Direct Broadcast
 Satellite providers that offer New Frontier Media Inc.'s products are AOL-Time
 Warner, Inc., Comcast Corp., EchoStar and DirectTV.
     The Internet Group is projected to end the fiscal year with a strong
 24% gain in net revenues over the preceding year.
     We view the increasing number of visits to their websites and the strong
 purchasing rates for both the broadband and satellite programming as the
 rapidly increasing acceptance of adult genre entertainment.  We have projected
 that the Company's net income will rise from $1.1 million that was reported
 for the year ended March 31, 2000 to $17.1 million for the fiscal year 2005.
 
     For further information contact Charles Bruner at 303.825.1825
 
     The information contained herein has been obtained from sources, which we
 believe to be reliable, but its accuracy is not guaranteed.  Opinions,
 projections, and estimates expressed are based on our study and interpretation
 of available data, which may be incomplete, and upon certain economic
 conditions and industry developments which are subject to change.  Neidiger,
 Tucker, Bruner, Inc. has received remuneration for this research effort.
 Officers, directors and employees of Neidiger, Tucker, Bruner, Inc. and the
 corporation itself may at times have a position in any security described
 herein.  Neidiger, Tucker, Bruner, Inc. may from time to time act as a
 consultant to a company being reported upon.
 
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SOURCE Neidiger, Tucker, Bruner, Inc.
    DENVER, April 26 /PRNewswire/ -- The following is being issued by
 Neidiger, Tucker, Bruner, Inc., a member of NASD Regulation, CRD # 7425.
 
     Effective April 16, 2001, Neidiger, Tucker, Bruner, Inc. has added New
 Frontier Media, Inc. (Nasdaq:   NOOF) to its recommended list with a BUY rating
 and a 12- month target price of $9.00 per share.  The Company licenses adult
 genre content and contracts to have it screened and edited to create
 programming for the cable and Direct Satellite Broadcast industries.
     Through their subsidiary IGallery, the Company controls the content and
 presentation of their programming via the Internet.
     Net revenues for the Subscription/Pay-Per-View Television Group for the
 nine-month period ended December 31, 2000 increased to $17.9 million or
 49% over the comparable prior year period.  Among the cable/Direct Broadcast
 Satellite providers that offer New Frontier Media Inc.'s products are AOL-Time
 Warner, Inc., Comcast Corp., EchoStar and DirectTV.
     The Internet Group is projected to end the fiscal year with a strong
 24% gain in net revenues over the preceding year.
     We view the increasing number of visits to their websites and the strong
 purchasing rates for both the broadband and satellite programming as the
 rapidly increasing acceptance of adult genre entertainment.  We have projected
 that the Company's net income will rise from $1.1 million that was reported
 for the year ended March 31, 2000 to $17.1 million for the fiscal year 2005.
 
     For further information contact Charles Bruner at 303.825.1825
 
     The information contained herein has been obtained from sources, which we
 believe to be reliable, but its accuracy is not guaranteed.  Opinions,
 projections, and estimates expressed are based on our study and interpretation
 of available data, which may be incomplete, and upon certain economic
 conditions and industry developments which are subject to change.  Neidiger,
 Tucker, Bruner, Inc. has received remuneration for this research effort.
 Officers, directors and employees of Neidiger, Tucker, Bruner, Inc. and the
 corporation itself may at times have a position in any security described
 herein.  Neidiger, Tucker, Bruner, Inc. may from time to time act as a
 consultant to a company being reported upon.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X59896075
 
 SOURCE  Neidiger, Tucker, Bruner, Inc.