EXHIBIT 99


NEWS RELEASE

TelVue Corporation
Mt Laurel, NJ
For Immediate release

March 12, 2001

Sale Closes. Source Communications Group Becomes a Division of TelVue
Corporation

TelVue Corporation (TEVE:OB) announced today that it has completed the
acquisition of the assets of privately held Source Communications Group of
Mullica Hill, New Jersey for a purchase price of $1.3 Million.

TelVue Corporation is a public company that provides transactional Pay Per
View processing services for over 735 cable TV and satellite companies
nationwide. Source Communications Group is a privately held regional
communications solution provider and network integrator that serves clients
mainly in the Mid-Atlantic states. TelVue Corporation had sales of
approximately $5 Million in the year 2000 and Source Communications Group
has averaged sales of approximately $2 Million per year over the last
several years. Both companies have operated profitably in recent years.

According to Frank Carcione, President of TelVue Corporation, the
acquisition is part of a long-term business strategy pursuant to which
TelVue Corporation plans to expand and diversify its operations. TelVue
Corporation currently operates a wide area data network that connects the
billing and data centers of its 735 individual cable affiliates to the
public switched telephone network and the Internet. This allows consumers
to order Pay Per View programs offered by their cable TV company using
their telephone or personal computer connected to the Internet. Mr.
Carcione said. "We are going to leverage our experience in engineering,
developing, building, maintaining and operating highly sophisticated voice
and data transport and processing systems by performing similar services
for outside companies through Source Communications Group. As a solution
provider and a network integrator our Source Communications Group Division
will be a one stop shop for small and medium size companies that need
someone to tie together and maintain all the pieces of their data and voice
communications and processing systems. Because technology is expanding so
fast, we have ascertained that small and medium sized businesses are an
under-served market. This is where TelVue Corporation's Source
Communication Group will fit in. We will be bringing our more sophisticated
level of expertise, experience and knowledge of communications and data
transport to a market that is looking to capitalize on today's technology
but, up until now have found it difficult to find the right provider."

Jeff Kraengel is the President of Source Communications and Mr. Carcione
had this to say about him, "Prior to our acquisition of Jeff's company,
TelVue Corporation was a customer of Source Communications and Jeff was our
"go-to guy" when we had a unique problem that needed to be solved. They
(Source) have an outstanding reputation and ability to deliver. Keeping
Jeff and his people together and integrating them into the TelVue
Corporation structure may be the greatest asset we are acquiring." Mr.
Kraengel said, "We are looking forward to becoming part of TelVue. Our
philosophy has always been to offer our customers the highest levels of
quality and service. We know from experience that TelVue Corporation shares
this strategy with us. For us, this transaction means not only the ability
to grow the business but to maintain the standards that we have set over
these many years."

TelVue Corporation trades on the over the counter bulletin board service
as TEVE (TEVE.OB). Its website is at http://www.telvue.com

This announcement contains certain forward-looking statements that are
subject to risks and uncertainties. Such statements reflect management's
current views and are based on certain assumptions. Actual results could
differ materially from those currently anticipated as a result of a number
of factors, including, but not limited to, the risks and uncertainties
discussed in the TelVue Corporation's reports filed with the Securities and
Exchange Commission.

TelVue Corporation
Don DeCinque
856-273-8888
decinque@telvue.com

Source Communications Group
Jeff Kraengel
856-223-1500