Wi-Fi TV Speaks Of TV Going From Static To Interactive And Projects Ad Revenue Growth From Social Networking

Wi-Fi TV Discusses Advertising And Fundamentals Of Its Internet TV Business In Forum At NAB Show
NAB2008

Wi-Fi TV (Pink Sheets:WTVN) outlined its vision for online video ads in the evolution of Internet TV at the NAB Show, and introduced new ad opportunities on its Social Internet TV™ platform www.Wi-FiTV.com. The Company also strongly stated its belief in the future of advertising tied to social networking.

Speaking in a public forum with industry leaders, Wi-Fi TV’s founder stated:

“Think of TV just 25 years ago and how little interactivity there was with the viewer and advertiser. Now think of IPTV and the kind of Internet TV being delivered today by Wi-Fi TV, and the tremendous level of connection with the user. From live chat sessions, to viewing that can be pinpointed by topic and program, to one click ordering and ad info gathering, and on to the next step in user involvement that is just around the corner this year, and you see this represents a complete change for advertising,” stated Alex Kanakaris, Chairman, Wi-Fi TV.

“Millions of young people, along with technically savvy professionals, all among prime ad demographics, are shifting their viewing of TV away from static TV to interactive Internet TV. The business model of Wi-Fi TV, which includes allowing a search for TV stations by topic, will now be enhanced to include a powerful online video ad engine,” Mr. Kanakaris added.

AD REVENUE FROM SOCIAL NETWORKING

“There are always going to be ups and downs in advertising and spending, but the concept of online ads tied to a social environment is the most powerful marketing concept ever. Ultimately, the type of ads pioneered by Google will now be evolved to a much greater video interactive level for Internet TV, and the revenue from these ads will supplant traditional TV ads as the leading source of revenue for video entertainment,” Mr. Kanakaris added.

WHAT IT WILL TAKE TO GAIN MARKET SHARE AND VALUE

“Our challenge at Wi-Fi TV, as a small company well positioned to deliver the next generation of TV online to a global audience, is to grow our user numbers and grow our number of exclusive stations. This will enable us to garner our share of the social network ad audience and could dramatically increase our company’s value as a potential acquisition target by the power corporate players from the Internet, cable, telecommunications and entertainment fields,” he added.

Wi-Fi TV did extensive promotion at the NAB Show, and introduced a new Feature Page design that allows Wi-Fi TV Station owners to directly control ad content that both appears on and surrounds their Wi-Fi TV Stations.

REMARKS TO BE CARRIED ON IHOLLYWOODFORUMTV.COM

Next week, the Wi-Fi TV Station www.iHollywoodForumTV.com will feature NAB highlights, including the panel discussion featuring Wi-Fi TV’s founder Mr. Kanakaris.

About Wi-Fi TV:

Wi-Fi TV™ is a pioneer of TV on the Internet. Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995.

Wi-Fi TV Inc. provides Social Internet TV™, a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster.

The Wi-Fi TV website (www.Wi-FiTV.com) is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a free dialer and make phone calls and host live video parties all on one website.

The Company was launched in 1995 and has been publicly traded since November 1997. Wi-Fi TV Inc. recently announced that it is adding additional technological features to its web site to position it to be a leader in Internet TV market share, and has introduced a simplified sign-up process. Wi-Fi TV has several exclusive TV stations including www.Wi-FiCars.com, www.Wi-FiGreen.com, www.WritersRights.com, www.WatchWi-FiTV.com, and www.AllGolfTV.com.

For information on purchasing a Wi-Fi TV Station, send an email to info {at} wi-fitv(.)com or call 949-675-5011.

For press relations, contact Colby Marceau, 949-716-9397, info {at} wi-fitv(.)com.

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Securities Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.
Contacts

Wi-Fi TV Inc.
Colby Marceau, 949-716-9397
info {at} wi-fitv(.)com