SOURCE: Wi-Fi TV Inc.

January 22, 2008 15:30 ET

Wi-Fi TV Projects Revenue From Station Sales, Video Ads, Banner Ads, Premium Content and Product Sales

Demand for Wi-Fi TV Stations Set to Result in Company's Best Fiscal Year

NEWPORT BEACH, CA--(Marketwire - January 22, 2008) - Wi-Fi TV Inc. (PINKSHEETS: WTVN) today outlined sales revenue projections for 2008, and announced that it will breakout an analysis of sales by quarter versus sales from the same quarter of the previous year in future filings to be available at www.PinkSheets.com, WTVN, Filings. The webcast can be seen starting today at www.Wi-FiTVNewsblog.com.

"Wi-Fi TV (www.wi-fitv.com) is out to become a world leader in all categories, including viewership and Internet TV revenue. It won't happen overnight, but we have laid out a concrete plan, and we will let our shareholders know every quarter what our results are and how they compare to the past. We always have been successful at envisioning and delivering technology, but now we are focusing on growing revenues and sustaining and building our global audience. Whenever we make a station sale or enter into a deal that has a material impact on our bottom line we will share the specifics of that deal with the public. We are confident and have reason to believe 2008 will be the best year ever for Wi-Fi TV by far in terms of sales, audience and content," said Alex Kanakaris, Chairman, Wi-Fi TV Inc.

The Chairman of Wi-Fi TV speaks about prices and sales costs associated with revenue targets in the areas of station sales, video ads, banner ads, premium content, and product sales.

ABOUT WI-FI TV INC.

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.

For information on purchasing a Wi-Fi TV Station send an email to info@wi-fitv.com or call 949-576-5011.

For press relations, contact Colby Marceau, 949-716-9397, info@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 Security 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.

Contact Information

  • Contact:

    For press relations for Wi-Fi TV call:
    949-716-9397
    Wi-Fi TV Inc.
    3434 Via Lido #300
    Newport Beach, CA 92663
    info@wi-fitv.com