SOURCE: Wi-Fi TV Inc.

December 21, 2006 09:52 ET

Social Networking Transforms TV Delivery as Wi-Fi TV Announces Financing Options for the Sale of $25,000 Channels That Can Be Viewed Globally

Social Internet TV™ Channels Have Live Chat Feature, On-Demand Programming and Shopping Cart Options, and Outreach Even National Network Shows in Availability to Consumer

ORANGE COUNTY, CA -- (MARKET WIRE) -- December 21, 2006 -- Wi-Fi TV™ Inc.'s (PINKSHEETS: WTVI) push to put Social Internet TV™ and its web site www.Wi-FiTV.com on the world's popular culture map took another leap forward today with the announcement that Wi-Fi TV will provide financing options to those who purchase their own Internet TV station for $25,000.

"This pushes the door wide open for all businesses and organizations to take advantage of Internet TV ownership through Wi-Fi TV. We are excited to offer this financing option going into the New Year," states Joe Soto, National Sales Manager, Wi-Fi TV Inc. "We recognize that not everyone can readily afford $25,000 for a channel, yet we don't want to limit the opportunity for them to have one. Offering financing gives even that small business looking for a national or worldwide reach a fair chance to partake in the Wi-Fi TV revolution," continued Soto.

Wi-Fi TV is offering Social Internet TV™ channels to individuals, companies, schools, organizations, local government, government agencies, charities, churches and other places of worship, real estate agents, car dealers and automobile organizations, ethnic group organizations and others.

There is a one-time cost of $25,000, a nominal cost to encode programs in the WindowsMedia format, and a recurring annual cost (which isn't charged until the second year of operation) of $5,000.

Wi-Fi TV will offer purchasers various finance options based on their credit, business background and size of down payment. Third party financing will be provided through an alliance with The GlobaLink Group LLC serving as the liaison to the financing and through direct financing by Wi-Fi TV Inc.

Details of the finance options will be announced in the first week of 2007 as part of the continuing rollout of the 2007 Wi-Fi TV business plan. A series of short webcasts on various aspects of Wi-Fi TV can now be seen online, including the benefits of owning a Wi-Fi TV Channel (go to www.Wi-FiTV.com and click on the 2007 Business Plan box on the left side of the home page, then select from various new Wi-Fi TV webcast topics).

About Wi-Fi TV Inc.

Wi-Fi TV Inc. provides a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Ownership of Wi-Fi TV Channels is for sale at $25,000 (full details are on the web site www.Wi-FiTV.com).

The Wi-Fi TV Channel Sales Blog is at http://www.wi-fitvchannelsales.blogspot.com

Wi-Fi TV memberships are free at www.Wi-FiTV.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 new 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. This press release shall not be deemed a general solicitation.

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