MEDIA VISION EMERGES FROM BANKRUPTCY 
AND SIGNS AGREEMENT FOR $15 MILLION LINE OF CREDIT



  FREMONT, Calif., Jan. 4, 1995 -- Media Vision announced that it had

emerged from bankruptcy effective December 30, 1994, and signed a loan

agreement for a $15 million secured line of credit with certain funds and

accounts managed by the TCW Group, Inc., and its affiliate, TCW Special

Credits (TCW), based in Los Angeles.  In accordance with the company's plan of

reorganization, all of its pre-bankruptcy debts have been converted into 20

million shares of newly issued common stock.

  "This is a great way to start the new year and the new Media Vision," said

G. Robert Brownell, Media Vision's president and CEO. "We are ready to focus

our efforts on bringing this company back to profitability.  Our core

technologies will allow us to create products that enhance our already strong

domestic retail presence, that build our international retail presence, and

that position us for a greater role in the OEM board and semiconductor chip

markets."

  Media Vision also announced the appointment of three members of its newly

formed board of directors:  Richard Masson, managing director of TCW Asset

Management Company; Thomas Smith, assistant vice president of TCW Asset

Management Company; and G. Robert Brownell.  The company has retained a search

firm to identify candidates for two additional outside director positions.  
Upon distribution of all shares in connection with the claims administration

at the end of January, TCW will own approximately 43 percent of the

reorganized company.    As previously reported, the U.S. Bankruptcy Court has

approved a stipulation between Media Vision and the Securities and Exchange

Commission (SEC) in which the staff of the SEC agreed that it will not

recommend any enforcement actions be taken against the company, provided the

company continues to cooperate with the SEC and the Department of Justice.  In

addition, the company confirmed that, as part of the plan of reorganization,

the pending shareholder lawsuits against the company have been discharged and

the securities plaintiffs will not receive any rights or claims to assets of

the reorganized company.

  Media Vision also announced that it has appointed First Interstate Bank as

the transfer agent for its new common stock.  The company has applied for

listing on the Nasdaq National Market System.  As part of the confirmed plan

of reorganization, the company's former common stock listed under the symbol

"MVIQC" and subordinated debentures listed under the symbol "MVGQC" were

canceled effective December 30, 1994.

  Media Vision's mission is to popularize multimedia by offering consumer

solutions at affordable prices.  Headquartered in Fremont, the company is a

leader in multimedia for personal computers and offers multimedia kits, sound

boards, and audio chips.  The company sells its products through computer

retail and mass merchandising channels and to original equipment

manufacturers.

  /CONTACT:  Elizabeth Fairchild of Media Vision, 510-252-4727; or

Investor/financial analyst hotline, 1-800-348-7116, ext. 2424./