SOURCE: JumpTV Inc.

June 07, 2007 02:00 ET

Terra Networks and JumpTV Expand Alliance Through Online TV Offering Now Available in the United States

Free, Unlimited Access to More than 70 International Television Channels on Leading Hispanic Portal Terra.Com

TORONTO--(Marketwire - June 7, 2007) - JumpTV (AIM: JTV) (TSX: JTV), the world's leading broadcaster of ethnic television over the Internet, has deepened its already existing partnership with Terra Networks, the leading Internet portal for the U.S. Hispanic audience, to significantly expand its Internet television offerings available through Terra TV.

As part of the expanded partnership between the companies, online television viewers of Terra TV in the U.S. will now have unlimited access to more than 70 live channels from around the world on a free, ad-supported basis. This extension of the Terra and JumpTV alliance, which already makes 70+ channels available in 17 countries through Terra Latin America, represents tens of thousands of hours of live programs per month, previously unavailable to the millions of Terra Networks visitors in the U.S.

Terra ad-sales staff will sell advertising to be embedded into the video and revenues from this advertising will be shared by Terra and JumpTV.

As of today, approximately 20 channels have been made available at: http://terramundo.us.terra.com and the companies intend to launch more than 50 additional channels in the next several weeks.

"The additional channels available through JumpTV add great breadth and options to Terra TV's selection and allows our users to connect to their homelands through the viewing of familiar and favorite programs," stated Fernando Rodriguez, chief executive officer for Terra Networks. "This is a welcomed benefit to our audience as they will have free access to programs and channels from across the globe without the expense of satellite or digital cable."

Terra.com users will receive live, streaming video feeds from more than 30 countries. Some of the channels with which Spanish-speakers may be familiar include: Televida (Colombia), Vea Canal (Guatemala), Canal 100% Noticias (Nicaragua), Bolivisión (Bolivia), ETB Sat (Spain) and many more. There are also a slew of program offerings from Asia, Europe, Africa and the Middle East. Channels are subdivided by content allowing viewers to select from among popular categories such as news, sports, education, music and entertainment.

"Our partnership with the U.S. arm of Terra Networks is an expansion of our important multi-year agreement with Terra Latin America. We selected Terra Networks as one of our key global partners because of their strong Internet market share throughout Latin America and depth of understanding of the U.S. Hispanic market," stated Kaleil Isaza Tuzman, president and chief operating officer of JumpTV.

"This partnership with Terra is another example of our belief that aligning ourselves with the world's biggest and best online media networks will maximize the potential for JumpTV's channel partners to connect with users and advertisers on the Internet," added Mike "JB" John-Baptiste, head of global distribution for JumpTV.

About JumpTV

Live Television From Around the World -- online, anytime, anywhere.

JumpTV (AIM: JTV) (TSX: JTV) is the world's leading distributor of live Internet television. With over 290 TV channels from 75+ countries, JumpTV delivers full-screen news, sports and entertainment content on a real-time basis from all corners of the globe to computers, Internet-enabled TV sets, IP set-top-boxes and cell phones with browser access.

www.jumptv.com

About Terra Networks Operations, Inc.

Terra Networks is a global Internet group with a presence in the U.S. and Latin America. The group operates some of the most popular Web sites in the United States, Spain and Latin America, and is the largest access provider in Spain and Latin America.

Terra.com (www.terra.com) is the U.S. Hispanic arm of the Terra Networks group providing portal and value-added services to Spanish speaking users in the U.S. Terra is a leader in the U.S. Hispanic online market according to comScore Media Metrix and Nielsen/NetRatings.

Forward-looking statements

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 and the matters discussed under "Risk Factors" contained in the Company's final short form prospectus dated February 19, 2007. 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.

This document is available on the JumpTV website at www.JumpTV.com.

Contact Information

  • JUMPTV PR / IR Contacts
    North America:
    Lewis Goldberg
    KCSA Worldwide
    +1-212-896-1216
    Email Contact

    Terra Press Contact:
    Deborah Vallejo
    Email Contact
    210-244-2129