JumpTV Inc.

JumpTV Inc.

August 18, 2006 08:30 ET

JumpTV Signs Channel Partnership Agreement With CVM Television Ltd., a Leading Jamaican Television Station

TORONTO--(CCNMatthews - August 18, 2006) - JumpTV (AIM: JTV) (TSX: JTV) (www.jumptv.com), the world's leading broadcaster of ethnic television over the Internet, announced that it has signed an exclusive Internet-broadcast distribution agreement with CVM Television Ltd. (CVM), one of the top two stations in Jamaica, providing news, sports and entertainment to the country.

JumpTV's global Internet-television network streams live, high-quality international television signals via its website from stations in more than 65 countries. Subscribers can access their favorite channels from any Internet-enabled device including home computers, laptops, Internet-enabled televisions, mobile phones and video game consoles.

Kaleil Isaza Tuzman, president and chief executive officer of JumpTV International stated, "This partnership combines the strengths of CVM Television's leading programming with JumpTV's proven Internet distribution platform. Together, we now have the ability to reach a large and virtually untapped market of the more than 2.5 million Jamaicans living abroad. The vast majority of these diapora Jamaicans reside in the United States, Canada and Europe, all of which have high broadband penetration, making them ideal potential subscribers for this new content."

Mr. Isaza Tuzman continued, "Striking exclusive channel partnerships with companies like CVM is a crucial component to our three-prong business strategy; focusing on content acquisition, creating a world-class subscriber experience, and the aggressive marketing of content to current and potential subscribers. To that end, we've had tremendous success in acquiring over 10 new channels since June 30th."

"The choice to partner with JumpTV was simple, as they have created the best possible solution for CVM to expand its viewership around the world. JumpTV gives us a reliable platform to disseminate our content to Jamaicans, Caribbean people, and lovers of Jamaican culture everywhere, so that they can enjoy programming from home," said Dr. David McBean, chief executive officer of CVM Television Ltd.

Priced at US$9.95 a month, upon commercial launch, JumpTV subscribers will be able to watch many of Jamaica's most popular programs, including: the daily morning show "CVM @ Sunrise," nightly news and sports programs "NewsWatch" and "SportsWatch," and the local entertainment show "On Stage."

CVM was not included in the list of recent channel partner agreements as found in JumpTV's prospectus for its initial public offering and listing on the Toronto Stock Exchange and London's Alternative Investment Market.

About JumpTV

JumpTV (AIM: JTV) (TSX: JTV) is the world's leading subscription-based broadcaster of ethnic television over the Internet. With over 200 channels from 65+ countries, JumpTV delivers its subscribers full-screen news, sports and entertainment content on a real-time basis from all corners of the globe. JumpTV has subscribers from over 80 countries who view channels on the JumpTV online network via high-speed Internet connections on their home computers, laptops, Internet-enabled televisions and mobile phones.

Forward looking statement

Certain statements herein may constitute forward-looking statements, including those identified by the expressions "may", "will", "should", "could", "anticipate", "believe", "plan", "estimate", "potential", "expect", "intent" and similar expressions to the extent they relate to the Company or its managements. These statements reflect the Company's current expectations and are based on information currently available to management. These forward-looking statements are subject to a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risk Factors" contained in the Company's prospectus (admission document) dated August 1, 2006. These forward-looking statements are made as of the date hereof, and the Company assumes no obligation to update or revise them to reflect new events or circumstances.

Contact Information