SOURCE: Wi-Fi TV Inc.

August 27, 2007 09:15 ET

Wi-Fi TV Webcast From Beijing Is Part of iHollywood China, the First Foreign Conference to Partner With the Chinese Government to Co-Produce Digital Media

Wi-Fi TV Founder Speaks to Beijing Audience as One-of-a-Kind Forum Opens China's Media Market to Digital Media Companies

BEIJING--(Marketwire - August 27, 2007) - Wi-Fi TV Inc. (PINKSHEETS: WTVI) launched Social Internet TV™ in Beijing with Founder and Chairman Alex Kanakaris making several appearances before Chinese media and the public, including a webcast now online at the home page of www.Wi-FiTV.com. Wi-Fi TV was a part of the iHollywoodChina Forum and also had a display at BIRTV. iHollywood China made history as the first foreign company to co-produce a daylong digital media conference with the Chinese government and China's largest television broadcaster, CCTV.

Mr. Kanakaris was a key speaker at iHollywoodForum and introduced an interactive TV web site to the Chinese audience. Mr. Kanakaris reached out for Chinese-based partnerships and linked the concept of Wi-Fi TV to the One World, One Dream theme of the 2008 Beijing Olympics. Representatives of Wi-Fi TV visited the Great Wall of China and met privately with Chinese business leaders.

Mr. Kanakaris thanked the iHollywoodChina Forum for "an unprecedented chance to bring the vision of Wi-Fi TV to the heart of China so we can be part of the historic and positive growth of global communication and interaction with the people of China. There is no bigger market in the world than China for technologically advanced next generation use of the Internet for positive purposes."

"This is a rare opportunity where the Chinese government will allow key Hollywood players to come face-to-face with Chinese officials and investors to develop exclusive digital media deals in China," said Michael Stroud, whose company, iHollywood Forum, has produced key digital media conferences since 2000. "With nearly 500 million mobile users and 97 million broadband users, China is potentially the world's biggest digital media market. We are the only digital media company who can provide this unprecedented access within the Chinese market," Mr. Stroud added.

On August 22, 2007, iHollywood China's one-day forum was kicked-off with opening remarks by iHollywood China and iHollywood Forum co-founder/CEO Michael Stroud, and was immediately followed by six digital media panel discussions, including China's IPTV Rollout, China & the Olympics and other pertinent topics. The daylong program closed with a VIP gala dinner for attendees.

iHollywood China connected top Hollywood and international technology executives with Chinese government officials, regulators and operators who are shaping the future of new media technologies in China.

In addition, as part of its affiliation with iHollywoodChina, Wi-Fi TV exhibited at BIRTV (Beijing International Radio, TV and Film Exhibition), the largest television and digital media trade show in China.

Chinese companies in attendance represented the entire range of emerging media in China, including IPTV, satellite television, pay television, broadband content and hardware, and mobile content. With just a year until the 2008 Beijing Olympics, foreign companies will have an unprecedented opportunity to showcase their cutting-edge content to the key Chinese officials overseeing the 2008 games.

About Wi-Fi TV

Wi-Fi TV™ is a pioneer of TV on the Internet. 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 website (www.Wi-FiTV.com) 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 website.

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.

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. Send an email to info@wi-fitv.com or call 949-675-5011.

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. iPhone is a registered trademark of Apple and there is no relationship between Apple and Wi-Fi TV Inc. There is no relationship between China Mobile and Wi-Fi TV Inc. 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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