Businessman Offers $1 Million to Keep Terri Schiavo Alive

Statement from today's press conference with Robert Herring, Sr. and his
attorney, Gloria Allred:

Statement from Gloria Allred, Attorney-at-Law, Representing Robert Herring,
Sr.:

We are here today to announce that our client, Robert Herring, Sr., is
making an offer to Terri Schiavo's husband, Michael Schiavo, which could
save Terri's life.

Terri Schiavo is currently in a coma in Florida. Michael Schiavo has asked
the court for permission to disconnect her feeding tube, which would result
in her death. Terri's parents, Bob and Mary Schiavo, have opposed the
request. After a long court battle the court has set March 18, 2005 for the
removal of Terri's feeding tube.

It now appears that the court process is ending, and that the legislative
process has failed to stop the removal of the feeding tube.

This situation has deeply moved and distressed our client Mr. Herring who
has been observing the case in the media, as millions of others have for
about a year.

Mr. Herring is a successful, socially responsible entrepreneur who spent
more than 30 years in the electronics industry as the founder and owner of
HERCO Technology. In 2000, Mr. Herring sold HERCO Technology to a New York
Stock Exchange listed firm.

In 2003, Mr. Herring founded WEALTHTV, a lifestyle and entertainment
television channel. He is a supporter of and a believer in stem cell
research and the medical breakthrough that are occurring in this area. He is
married with 5 children and 19 grandchildren and lives in the San Diego
area.

He recognizes that unless something is done immediately, Terri Schiavo is
not likely to survive very long after March 18th. Knowing that time is of
the essence and realizing that he is fortunate enough to be able to help, he
has decided to take action.

He contacted me and retained my law firm to convey the following offer to
Terri's husband. If Mike Schiavo agrees to transfer the legal right to
decide all of Terri's current and future medical desicions to Terri's
parents, then Mr. Herring will pay Mr. Schiavo the amount of 1 million
dollars (subject to court approval of Terri's parents as her conservators or
guardians).

The million dollars was deposited into my law firm's client trust account
yesterday and this morning we communicated this million dollar offer in
writing to Mr. Schiavo's attorney.

This offer will remain open until Monday, March 14, 2005 at 5:00 p.m.

Mr. Herring thinks there might be hope for Terri Schiavo and wonders why
there is a rush to death, especially in view of the advances being made in
medical research. He feels that he couldn't live with himself if he didn't
make this offer and he sincerely hopes that it will be accepted.

We commend Mr. Herring on his creative and decisive attempt to peacefully
resolve this legal dispute over Terri.

We look forward to Mr. Schiavo's response.