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Press Releases Thursday, July 26, 2001   
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VIEWPOINT SIGNS LICENSING AND DISTRIBUTION AGREEMENT WITH AMERICA ONLINE

FOR IMMEDIATE RELEASE - 5:02 PM EST

New York, NY - July 25, 2001 - Viewpoint Corporation (Nasdaq: VWPT), a leader in rich media marketing technologies, today announced that it has entered into a broadcast licensing and distribution agreement with America Online, Inc. (NYSE: AOL) under which AOL will pay to Viewpoint undisclosed annual license fees.

The Viewpoint Media Player will assist AOL in providing rich media content to its customers. The Viewpoint Media Player provides integrated playback of interactive 3D, Flash(tm), 2D "Zoomview," panoramas, character animation, video and audio, all within an XML envelope and rendered windowlessly on any Web page.

About Viewpoint Corporation
Viewpoint is a leading provider of digital marketing technologies and services. Viewpoint licenses its proprietary technologies for e-commerce initiatives and provides a full range of professional services for implementing enhanced digital rich media marketing solutions that integrate online advertising, promotions and e-mail strategies. The Company is headquartered in New York City with offices in Los Angeles, San Francisco, Salt Lake City, London and Tokyo. Visit the Viewpoint Web site at .

This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995 and similar expressions that reflect Viewpoint`s current expectations about its future performance, and are subject to risks, uncertainties and other factors that could cause Viewpoint`s actual performance to differ materially from those expressed in, or implied by, these forward-looking statements. For information about these and other risks, uncertainties and factors, please review the disclosure contained in the Company`s filings and reports on file with the Securities and Exchange Commission.

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Viewpoint and Viewpoint Experience Technology are either registered trademarks or trademarks of Viewpoint Corporation. Other product and company names herein may be trademarks of their respective owners. Copyright 2001 Viewpoint Corporation. All rights reserved. Flash is a trademark of Macromedia, Inc. in the United States and/or other countries.

Press Contacts:
Yvonne LeCroy / Stephan West
Viewpoint Public Relations
212-201-0806 / 0844
ylecroy@viewpoint.com
swest@viewpoint.com

Pamela Johnston / Frank DiLiberto
PJ Inc.
973-259-0480
pamela@pjinc.net
frank@pjinc.net

Investor Relations Contact:
Yvonne Zappulla
Wall Street Investor Relations
973-655-9288
yvonne@wallstreetir.com

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