SOURCE: Wi-Fi TV Inc.

January 29, 2008 13:31 ET

Consolidated Streaming Joins Effort to Deliver 190-Point Wi-Fi TV™ Development Plan

BOCA RATON, FL--(Marketwire - January 29, 2008) - Wi-Fi TV Inc. (PINKSHEETS: WTVN) announced today that it has signed a Memorandum of Understanding with Consolidated Streaming Inc. to immediately contribute to the completion of Wi-Fi TV Inc.'s 190-point development plan for its web site, www.Wi-FiTV.com. The goal is to make Wi-Fi TV a global leader with Social Internet TV™, a powerful home and office multimedia center for consumers around the world.

"We are honored to be selected by Wi-Fi TV to help implement its vision of TV on the Internet, and we are devoting resources of a 60 member development team to work on developing and implementing portions of a 190-point plan presented to us by Wi-Fi TV 's founder and Chairman Alex Kanakaris. Based on previous experience in delivering movies, live webcasts and technology for Wi-Fi TV, we know that Consolidated Streaming Inc. can be a key player in delivering on this powerful and innovative vision for TV on the Internet," said Keith Friedman, President, Consolidated Streaming Inc.

"Our focus for the month of February will be in developing new features and applications for the Wi-Fi TV party Room, Wi-Fi TV Board Room and Wi-Fi TV Shopping Cart. We anticipate having our development rolled into the Wi-Fi TV platform on an on-going basis," Mr. Friedman added.

ABOUT CONSOLIDATED STREAMING

Consolidated Streaming Inc. is a diversified digital and web technology provider. Consolidated Streaming focuses on delivering digital media via web streaming, satellite, downloadable, cable, radio, and mobile devices.

For information on the Consolidated Streaming Inc. proprietary multi-media platform, or other 'Consolidated' products and services please email: services@consolidated.ws.

For Press related inquiries for Consolidated Streaming Inc., please call 386-742-1666, or write: Consolidated Streaming Inc. 1509 Casey Lane, Port Orange, Florida 32129 or email: media@consolidated.ws.

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