SOURCE: ROO

March 07, 2006 08:00 ET

ROO Creates Wholly Owned ROO Europe to Extend Overseas Market Leadership

NEW YORK, NY -- (MARKET WIRE) -- March 7, 2006 -- ROO (OTC BB: RGRP), one of the world's largest online broadcast networks and a global leader in online video solutions, today announced the expansion of their European presence including the opening of a new London office, the purchase of the remaining 24 percent of outstanding shares in ROO Media Europe Limited and the appointment of Max Moore as Vice President of Business Development Europe. Moore will oversee all European activities and growth from the London office, and build the number of ROO partners in Europe. ROO already has a presence in Europe with the success of the Bulldog Lounge, a consumer video portal operated by Bulldog Communications Limited, a Cable & Wireless company in the UK, (http://www.bulldoglounge.com).

Moore previously served as Vice President of Business Development & Partnership Solutions for MIVA (formally Espotting Media), where he joined as a founding management team member, pioneering the cost-per-click web search advertising model in Europe. Most recently, Moore was Vice President Business Development & Distribution for Cellectivity, a leading mobile e-commerce solutions provider in the UK.

"Online video is global in nature as in most cases it can be viewed by a worldwide audience; therefore it is important that ROO takes on a global approach to its business model. ROO's continued growth in Europe is part of establishing this global infrastructure to service our clients which will be accelerated as a result of the expansion of the European operations," said ROO CEO Robert Petty. "Max Moore's proven track record will be an asset to ROO as this expansion takes place."

Robin Smyth, Executive Director and CFO of ROO, is overseeing the Sales and Marketing expansion of ROO's international business outside the USA. Smyth brings 20 years of experience in operating companies throughout Asia Pacific and Europe.

ROO has already established a global footprint through its partnerships with leading broadband media companies in key regions throughout the world. In addition to ROO's Bulldog relationship in Europe, ROO's global relationships include Verizon in the United States, and News Interactive (a News Corporation company) and Telstra's Sensis in the Pacific Rim.

European countries are rapidly adopting broadband. The strongest per-capita growth in broadband worldwide has been in Finland, the Netherlands, Norway, Iceland and the UK (Source: OECD, October 2005). In the past five years, broadband adoption in the UK rose from 1 percent of all Internet connections to 64 percent (Source: U.K. Office of National Statistics, February 2006).

About ROO

ROO Group Inc. (OTC BB: RGRP) ("ROO") is a global provider of online video broadcasting solutions that enable the activation, marketing and distribution of video content over the Internet and emerging broadcasting platforms such as set top boxes and wireless. ROO www.roo.com offers turn-key video solutions for businesses seeking to improve their web presence with video broadcasts or broadcast their own latest video clips. ROO helps business advertise their latest offering with interactive advertising solutions, 15-30 second video commercials with a linked call to action and played simultaneously with topical video content such as news and entertainment in a television style format over the Internet.

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