SOURCE: Wi-Fi TV Inc.

May 03, 2007 11:37 ET

Wi-Fi TV Successful Webinar Links Shareholders in Live Interactive Event

LONDON -- (MARKET WIRE) -- May 3, 2007 -- Wi-Fi TV Inc. (PINKSHEETS: WTVI) held a successful live webinar with shareholders this morning using Wi-FiParty ™ (www.wi-fiparty.com) technology. Chairman and founder Alex Kanakaris directly answered questions from shareholders and said the company will be listing a subsidiary on either the London AIM or London PLUS stock exchange, and that FacefinderTV.com will launch this month as an exclusive Internet TV station on Wi-Fi TV. He also spoke in detail about sales opportunities available with the Wi-Fi TV sales team (for more info email info@wi-fitv.com). Mr. Kanakaris also said that a five million opt-in email promotional campaign will begin within 48 hours. Mr. Kanakaris stated that any stock offering pertaining to the London listing would result in license fees for Wi-Fi TV and the Company would use these fees to both promote its web site and reduce its outstanding convertible debt.

Wi-Fi TV Is a Pioneer In Online TV

Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995. The Wi-Fi TV web site is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a dialer and make free phone calls and host live video parties all on one web site.

About Wi-Fi TV Inc.

Wi-Fi TV Inc. provides Social Internet TV™, a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.

Ownership of Premium Wi-Fi TV Stations is available at $25,000 (full details are on the web site www.Wi-FiTV.com). For further details email info@wi-fitv.com.

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