News Release

February 28, 2003 - WorldGate Communications Retains Boston Corporate Finance

WESTWOOD, MA - WorldGate Communications, Inc. (NASDAQ: WGAT), the leading provider of interactive entertainment solutions for the cable television industry, announced today that it has retained Boston Corporate Finance, Inc. as a financial advisor to assist the company in evaluating various strategic and financing alternatives available to the company.

Hal Krisbergh, Chairman and CEO, stated, "We believe that working with an investment banking firm to help the company's management and Board of Directors explore various alternatives is in the best interest of our shareholders and will help us maximize shareholder value." Krisbergh further stated "We have taken this action to help us ensure that we can continue to develop and offer to our customers around the world the best available solutions, products and services."

About Boston Corporate Finance, Inc.

Headquartered in Westwood, MA, Boston Corporate Finance, Inc. is a private investment banking firm focused on providing traditional investment banking advisory services to high growth companies primarily in the technology sector. BCF's senior professionals have both global, as well as, regional investment banking experience with firms including KPMG Corporate Finance and Advest, Inc. Additional company information can be obtained on the World Wide Web at www.bostoncf.com or by calling (781) 320-3200.

About WorldGate Communications, Inc.

WorldGate Communications, Inc. is the leading provider of interactive entertainment solutions for the cable television industry, offering a complete product continuum of interactive TV solutions designed for one-way and two-way cable systems, including those using thin-client infrastructure. The company supplies technology, applications, and content for interactive television. WorldGate is traded on NASDAQ under the symbol WGAT. More information on WorldGate can be accessed at www.wgate.com. WorldGate, and Channel HyperLinking are service marks of WorldGate Service, Inc.

Boston Corporate Finance, Inc.
200 Lowder Brook Drive, Suite 2600
Westwood, MA 02090

Tel: (781) 320-3200
Fax: (781) 320-3220
E-mail: info@bostoncf.com

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