NEWPORT BEACH, CA -- 07/13/07 --
Wi-Fi TV Inc. (PINKSHEETS: WTVI), a small
and little known public company that has consistently broken technological
barriers ushering in the delivery of video over the Internet since 1995,
announced today that it will be offering the public the first ever delivery
of a streaming movie to the iPhone from a website (
www.iPhoneWi-FiTV.com).
Wi-Fi TV Breaks iPhone® Movie Memory Barrier:
The importance of showing streaming movies on the iPhone is that the iPhone
has a limited and non-expandable memory that can only hold a certain number
of songs, videos and other information. Movies are the most memory
intensive form of entertainment and depending on the other content a user
chooses to save on their iPhone, there may only be room for a single movie,
or no movie at all, to download in an individual iPhone. Unlike other plans
announced to deliver movies to the iPhone, Wi-Fi TV does not require a
movie to be downloaded and stored in the iPhone memory, but rather Wi-Fi TV
streams the movie, which takes up no memory space in the iPhone.
Public Can Watch Movie On iPhone Today:
Today at www.iPhoneWi-FiTV.com Wi-Fi TV is offering a free streaming movie
which can be viewed in the iPhone as an example of its technology and as a
preview to a large number of movies it will be offering as both streaming
and downloadable content to iPhones and other Internet enabled devices. To
the best of the knowledge of Wi-Fi TV Inc., no other company prior to today
has offered the public a movie that streams to the iPhone.
Potential For New Ad Revenue Model With Free Movies:
Since Wi-Fi TV will be adding brief video advertisements at the beginning
of each of its movies, the ability of Wi-Fi TV to deliver streaming movies
to the iPhone, and many other devices, has great potential value in revenue
generation for the company.
"The entire Wi-Fi TV Sales Team will benefit from our Company's unique and
industry leading ability to deliver streaming movies to the iPhone," said
Joe Soto, Wi-Fi TV Global Vice President.
Breakthrough Is Part of Wi-Fi TV Strategic Plan:
"Following a directive of our Founder and Chairman, the Wi-Fi TV technical
team has spent many hours of research on the iPhone and has moved to
quickly establish itself as a source of video entertainment content to
iPhone®, iPod® and AppleTV®. Today's industry leading beta test for
the public is indicative of where Wi-Fi TV is going in multimedia content
delivery," said Thomas Hagstrom, a technical consultant to Wi-Fi TV Inc.
"It is just the beginning of the content we will offer," Mr. Hagstrom
added.
How To Watch Free Movie Today:
To watch a movie on your iPhone, streaming and for free, go to
www.iPhoneWi-FiTV.com.
About Wi-Fi TV:
Wi-Fi TV(TM) 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 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(TM), 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. 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. iPhone®, iPod® and AppleTV® are registered trademarks
of Apple. There is no relationship between Apple and Wi-Fi TV, and none is
implied. This press release shall not be deemed a general solicitation.
Contact:
Colby Marceau
(949) 716-9397
Email Contact
