SOURCE: Wi-Fi TV Inc.

May 29, 2007 09:15 ET

Wi-Fi TV in the Spotlight in Hollywood and Launching Live Daily Webinars for Substantial Six-Figure Sales Job Seekers

Wi-Fi TV Makes Waves in Panel Discussion on the Future of the Internet and Will Pay up to $500,000 in Sales Bonuses by the End of June

NEWPORT BEACH, CA--(Marketwire - May 29, 2007) - Wi-Fi TV Inc. (PINKSHEETS: WTVI) Founder and Chairman Alex Kanakaris brought a "Wave of energy and excitement to the panel on convergence at the iHollywod Forum Mobile Entertainment Summit, predicting the end of DRM for both music and movies, and a new business model that will result in the biggest viewership ever while paying the artists and actors more than they have ever been paid, and shifting the balance of power in content control," said Tim Roland, a Wi-Fi TV National Sales Manager. Following the event, in which Mr. Kanakaris was interrupted by applause from the audience as he spoke out for artists rights, criticized movie executives and shared his vision for Wi-Fi TV with the President of Napster and other panelists, Wi-Fi TV announced that it will begin holding live online sales opportunity webinars this week. The moderator of the event stated that he will try to reconvene the same all-star panel in the future.

Wi-Fi TV announced the following events for this week that are open to public participation:

First, on Wednesday at 7 PM Pacific,10 PM Eastern (dial 641-985-0900 pin code 2565891#) there will be a public Wi-Fi TV conference call providing an overview of Wi-Fi TV and Wi-Fi TV's substantial six-figure home-based sales opportunity.

Then, beginning Thursday, and every night from Monday to Thursday next week, there will be live online Wi-Fi TV webinars at 5 PM PST. To find out more about the webinars go to www.wi-fiopportunity.com

Working in conjunction with IMG LLC, Wi-Fi TV announced that it will pay up to a maximum of $500,000 in cash bonuses to its independent sales representatives as follows:

1) Every sales rep that closes four Wi-Fi TV Station sales (signed contracts for $25,000, or higher priced Wi-Fi TV Stations with a minimum 50% down payment received on each sale) between May 13, 2007 and June 30, 2007, will receive a $10,000 bonus (in addition to their normal compensation).

2) The sales rep that makes the most sales (with a minimum of four contracted station sales) during the month of May 2007 will receive a $10,000 bonus.

3) The sales rep that makes the most sales (with a minimum of four contracted station sales) during the month of June will receive a $10,000 bonus.

4) A maximum of $500,000 in total bonuses will be paid, and if the total is reached prior to the end of June, a subsequent announcement will be made by Wi-Fi TV Inc. ending this limited, one-time promotion. However, even without the bonus program, independent reps can make thousands of dollars per sale of each Wi-Fi TV Station.

"There is no cost to become a Wi-Fi TV Independent Sales Representative and there is no multi-level or network marketing aspect to the sales plan. Rather, Wi-Fi TV is a viable sales opportunity for professionals who seek to be a part of the next phase of development of the Internet, and wish to be rewarded for hard work with high earnings. We are looking for serious individuals who want to join a winning team that has already closed sales to clients in such fields as car sales, real estate investment sales, restaurants, social networking, religion, spirituality; and, where the new clients can also include virtually any business or charity," said Joe Soto, Director of National Sales Development.

Wi-Fi TV Is a Pioneer In Online TV

Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995. The Wi-Fi TV website 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 dialer and make free phone calls and host live video parties all on one website.

About Wi-Fi TV Inc.

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. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.

Ownership of Premium Wi-Fi TV Stations is available at $25,000 (full details are on the website www.Wi-FiTV.com). For further details email info@wi-fitv.com.

The Wi-Fi TV Channel Sales Blog is at http://www.wi-fitvchannelsales.blogspot.com

The Company was launched in 1995 and has been publicly traded since November 1997, and has been a pioneer in the delivery of video and books over the Internet.

Press Relations

Wi-Fi TV Inc. has opened a content and technology demo room for the press in Newport Beach, California. For further information 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.

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