NEWS ANNOUNCEMENT
                           [LOGO OF JAFFONI & COLLINS]

                                JAFFONI & COLLINS
                                  Incorporated
                                  [Letterhead]
CONTACT:
Barry Knepper                                     Joseph N. Jaffoni
Chief Executive Officer                           Jaffoni & Collins Incorporated
212/265-3600                                      212/505-3015 or jcirr@aol.com

FOR IMMEDIATE RELEASE

                         UNITEL VIDEO MAKES ANNOUNCEMENT


           New  York,  New  York  (September  8,   1997)--Unitel   Video,   Inc.
(AMEX:UNV),  in a press  release  dated August 12, 1997,  announced  that it had
received an  unsolicited,  non-binding  expression  of interest in acquiring the
Company.  The Company is announcing  today that it  subsequently  received other
unsolicited, non-binding expressions of interest.

The Company has retained the investment  banking firm of Legg Mason Wood Walker,
Incorporated as its financial  advisor in connection  with these  expressions of
interest  and any  possible  transactions  that may result.  The Company is also
being advised by its principal outside counsel,  Parker Chapin Flattau & Klimpl,
LLP.

Mr. Barry Knepper,  Chief  Executive  Officer of the Company,  stated that while
Unitel Video has had discussions concerning these expressions of interest, there
can be no assurance that these discussions will result in a definitive agreement
or that a transaction with any party will ultimately be consummated.

Unitel  Video,  Inc.  is a leading  provider  of studio  and  mobile  production
facilities,  and post-production and special effects services to virtually every
major entertainment  company in the United States. The Company's studio division
comprises  eight  production  studios in New York City which are used by leading
network,  cable  and  syndicated  television  producers.  The  Company's  mobile
division,  with ten units, provides on-location services for the taping and live
telecasting of sports,  musical,  entertainment  and cultural events  throughout
North America. The Company also provides  post-production and new media services
to producers of theatrical films,  television programs and corporations  through
its New York and Los Angeles-based facilities.