EXHIBIT 99

CONTACT:          Joseph A. Mansi                    Paul Albritton
                  KCSA Worldwide                     C-Phone Corporation
                  (212) 896-1205                     (910) 395-6100
                  jmansi@kcsa.com

FOR IMMEDIATE RELEASE

          C-PHONE CORPORATION FILES WITH SEC TO TERMINATE REGISTRATION
                       AND SUSPEND REPORTING REQUIREMENTS
                                    - - - - -

Wilmington, NC - May 22, 2001 -- C-Phone Corporation (OTCBB: "CFON") today
announced that it has filed with the SEC a Certificate and Notice of Termination
of Registration on Form 15 to terminate registration of its Common Stock under
Section 12(g) of the Securities Exchange Act of 1934 and to suspend its
reporting requirements under Sections 13 and 15 (d) of the Act. As previously
announced, both in a press release issued in January of this year, as well as in
C-Phone's Quarterly Report on Form 10-QSB filed with the SEC at such time,
C-Phone was considering taking this action "in the near future." The C-Phone
Board of Directors authorized such action in an effort to reduce expenses and
conserve cash, given the absence of any viable third-party offers to acquire
C-Phone. As a result of such action, C-Phone's Common Stock will no longer meet
the trading requirements of the OTC Bulletin Board. It is anticipated that
quotations for the Common Stock will be listed in the "pink sheets."

         C-Phone earlier entered into an agreement to sell its video
conferencing business and assets to Motion Media Technology Inc., a subsidiary
of Motion Media PLC (London Stock Exchange), which transaction had been
previously announced. A proxy statement to seek shareholder approval for the
transaction is being prepared and a Special Meeting of C-Phone's shareholders
will be scheduled for later this year after the proxy statement is filed with
the SEC and the SEC advises that it has completed its comment process.

         Paul H. Albritton, President and CEO of C-Phone, also commented "as
C-Phone has been winding down its operations, the size of our Board of Directors
has been decreased to five. Mr. Seymour Gartenberg and Mr. E. Henry Mize, who
had been directors since our initial public offering in 1994, have resigned. We
thank them for their advice and diligence during their years of faithful
service."

Statements made in this press release, other than those concerning historical
information, should be considered forward-looking and subject to various risks
and uncertainties. Such forward-looking statements are made based on
management's belief as well as assumptions made by, and information currently
available to, management pursuant to the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, including among others those
identified in C-Phone's Annual Report on Form 10-KSB for the fiscal year ended
February 29, 2000, C-Phone's Quarterly Report on Form 10-QSB for the fiscal
quarter ended November 30, 2000 and C-Phone's Current Report on Form 8-K, dated
January 8, 2001, as well as factors such as the ability of C-Phone to continue
to fulfill the conditions to closing of its proposed sale to Motion Media and
the absence of any unforeseen contingent liabilities. C-Phone undertakes no
obligation to release publicly the result of any revisions to these
forward-looking statements that may be made to reflect events or circumstances
after the date of this press release or to reflect the occurrence of other
unanticipated events.

         This release and prior releases are available on the KCSA Public
Relations Worldwide website at www.kcsa.com. # # #

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