SOURCE: ITonis

April 17, 2007 17:51 ET

ITonis and iOcean Launch a Joint Venture Project to Develop IP Television in China

HONG KONG -- (MARKET WIRE) -- April 17, 2007 -- ITonis (OTCBB: ITNS) and iOcean are extremely pleased to announce the launch of a Joint Venture project in China. The goal of the Joint Venture is to develop and operate an IP Television and Video on Demand service in the province of Shandong (People's Republic of China). With its 80 Million inhabitants, the Shandong province is a unique opportunity to validate the technical solution and the commercial model for the service in China. Upon validation, the Joint Venture will replicate the model in other provinces with the aim to cover the whole China in the next two years.

ITonis is a Prague-based developer of cutting-edge Video on Demand and Television over IP (IPTV) solutions. ITonis has developed a true Video over IP solution for video content owners and video content distributors that would enable the viewer to see his favorite national or local TV programs from anywhere in the world at his own leisure, either through a set-top box connected to his TV or through a computer. ITonis will bring its software and technical know-how into the project. One of its responsibilities is the design and operation of the technical solution.

iOcean is a sino/foreign company created by industry leaders with a history of innovation in the deployment of Internet-based services. iOcean has spent the past 2 years developing solutions and forming partnerships for the delivery of IPTV services in the People's Republic of China based on international patents and technology.

Nicolas Lavaud, ITonis' President, comments: "At ITonis, we are all very excited about the Joint Venture. iOcean brings unique local knowledge and expertise on the Chinese market. With ITonis technology, we have all the components of a winning team that can revolutionize the whole Television market in China. Video services will come first but there is more to come. ITonis platform is the foundation for offering any entertainment services such as national lottery. The potential is just enormous!"

For more information on ITonis, please visit www.itonis.tv or contact Nicolas Lavaud, President.

For more information on iOcean, please visit www.ioceanmedia.com.

Safe Harbor Statement under the United States Private Securities Litigation Reform Act of 1995: Except for the statements of historical fact contained herein, the information presented constitutes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements, may cause the actual results, performance or achievement of ITonis Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are risks related to the company's ability to execute on its marketing plan, risks related to international operations, the company's inability to raise sufficient financing to execute on its business plan, as well as those factors discussed in the section entitled "Risk Factors" in the Form SB-2 as on file with the Securities and Exchange Commission in Washington, D.C. Although ITonis Inc. has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

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