SOURCE: Wi-Fi TV Inc.

May 21, 2007 09:15 ET

Bill Gates Offers Thoughts on Future of TV and Phones and Wi-Fi TV to Present 90 Day Plan in Open Phone Call for New Sales Reps and Public This Wednesday

NEWPORT BEACH, CA -- (MARKET WIRE) -- May 21, 2007 -- Wi-Fi TV Inc. (PINKSHEETS: WTVI) is a little known company that has been making some noise about interactive Internet TV and free calls over the Internet for some time. According to the Seattle Post-Intelligencer, May 20, 2007, "Bill Gates has recently been prognosticating all over the place, offering his thoughts on the future of newspapers, television, advertising, communications, telephones and many other areas of business and technology."

Wi-Fi TV certainly finds interest in certain comments Gates is quoted as having recently made. According to an article by Todd Bishop in the Seattle Post-Intelligencer:

"In his recent public appearances, Bill Gates has offered several attention-getting predictions about the future of business and technology. Among them:

"On Internet Protocol Television: 'The end-user experience and the creativity, the new content that will emerge using the capabilities of this environment will be so much dramatically better that broadcast TV will not be competitive. And in this environment, the ads will be targeted, not just targeted to the neighborhood level, but targeted to the viewer.'

"On communications: 'We don't see the desk phone existing as a separate device in the future. Between what's going on with mobile phones and PC peripherals, and the richness of telephony being on the Internet and connecting up not just voice but also screen sharing, video, software-driven richness in those communications interactions, the phone is going to be the PC; the PC is going to be the phone.'"

Wi-Fi TV (www.Wi-FiTV.com) offers its members 450 live TV stations over the Internet and the ability to chat with others watching the same programs in a live chat box that appears beneath the viewing screen. Wi-Fi TV also allows its members to make unlimited calls over the Internet to phones, cellular phones and other PCs with the Wi-FiTVPhone (www.Wi-FiTVPhone.com). And Wi-Fi TV allows its members to see, hear, talk and text chat with up to 25 other members in hosted Wi-FiParties (www.Wi-FiParty.com). Wi-Fi TV memberships are free, all calls and parties are free, and the dialer is a free two minute download. Wi-Fi TV has also announced plans to offer video ads that are individually targeted to its viewers, so that one ad may play for one viewer and a different ad for another watching the same program.

"Wi-Fi TV has no affiliation with any large company at this time. But when major Internet visionaries discuss the future of TV and telephony and the Internet, we feel that we are on the right track and just need to get the word about our website out," said Alex Kanakaris, Chairman and Founder, Wi-Fi TV Inc.

On this Wednesday, Mr. Kanakaris and other member of the Wi-Fi TV team will lay out the vision of Wi-Fi TV, upcoming site developments, and independent sales opportunities in a conference call that is open to the public.

To listen to the Wi-Fi TV conference call dial 641-985-0900 pin code 2565891# (May 23) at 7 PM Pacific time and 10 PM Eastern time.

"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 Inc. announced that it is continuing to expand its sales force, and has extensive live and online sales training available for qualified professionals.

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.

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. There is no affiliation between Wi-Fi TV and the Microsoft Corporation. This press release shall not be deemed a general solicitation.

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