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Jumptv Signs Exclusive Partnerships With Four U.S.- Based Iranian Television Channels
IPN, MelliTV, MTC2 Fashion and Tamasha TV Join JumpTV's Internet-Television Line-Up.
Leading Internet Broadcaster Now Targeting 4-Million Farsi Speaking Strong International Community
TORONTO, September 14, 2006 – JumpTV Inc. (AIM, TSX: JTV) (www.jumptv.com), the world's leading broadcaster of ethnic television over the Internet, announced it has signed exclusive Internet-broadcast agreements with 4 Iranian television channels covering general entertainment, music, news, current affairs, talk shows, fashion, cultural news and wholesome family entertainment.
The 4 new stations partnerships represent an extension of JumpTV's strategy of signing exclusive internet-broadcast agreements with international television stations that televise leading ethnic content targeted at niche communities around the world.
Kaleil Isaza, president and chief executive officer of JumpTV International stated, "The Persian diaspora is a key target market for JumpTV, with over 4 million Farsi-speaking expats estimated to be living outside of their homeland, primarily in North America and Europe. These Internet-broadcasting agreements exemplify the value that JumpTV brings its customers: focused, niche content that represents the "long-tail" of the IPTV marketplace."
Mehran Abdeshah, chairman and chief executive officer of IPN, one of the most popular Iranian channels outside Iran, said, "We are excited about the opportunity to make IPN available worldwide through JumpTV's online platform. By broadcasting our channel over the Internet, we have the ability to reach Iranian viewers who may not otherwise have access to our unique entertainment programming. Now, Iranians virtually anywhere can watch our broadcasts, thereby potentially increasing our viewership exponentially. We've been very impressed with JumpTV's technology, team and future plans, and we welcome the opportunity to partner with them in this new and promising space."
Amir Hegazi, director of JumpTV's Middle East and North Africa group commented, "JumpTV has created a means for Persians abroad to easily and affordably connect with their community. There is nothing more personal than watching and connecting with your favorite television show. For Persians living in the Diaspora, there have been few television options available broadcast in Farsi. Now this massive international-based community can choose from a complete menu of quality programming including IPN, MelliTV, MTC2 Fashion and Tamasha TV. By partnering with these Iranian channels and other Iranian channels in the future, JumpTV will allow Persians to keep current with their culture over the Internet wherever they are worldwide."
Each channel will be individually priced at US$9.95 per month when launched commercially and at a later date will likely make up components of a dedicated Iranian package.
IPN (www.ipntv.tv) is one of the most popular Iranian channels outside Iran on a global basis. According to a recent survey, IPN TV is the most watched ethnic programming network on Telestar 5. IPN offers a unique blend of family entertainment, lifestyle, talk shows, kids and sports programming. Top programs include: the "Jennifer Show," "From Kabul to Los Angeles," "Hamshahri, Hekayatha," "I5 Music Show," "L.A. Lifestyle" and "Mahi Kochoolo Kids Show."
MelliTV (www.mellitv.com) is one of the first Persian channels to broadcast outside of Iran, having launched some 20 years ago. MelliTV is widely recognized for its current affairs, educational and cultural programming. MTC2 Fashion (www.mtcfashion.tv), which is owned and operated by MelliTV, provides programming that covers Iranian, Middle Eastern and some European fashion. MTC2 Fashion's program line-up includes fashion shows, events, news, designer interviews, shopping and art.
Tamasha TV (www.tamashatv.com) presents a variety of Farsi-language programs, including documentaries, talk shows, news and family programming. "Iran-The Unfinished Dream," "Women's World," "Check Point," "Shirin & Farhad" and "Tamasha Tamasha" are some of the channel's top programs.
IPN, MelliTV, MTC2 Fashion and Tamasha TV are contracts that have been signed subsequent to the Company's June 30, 2006 quarter end disclosure. JumpTV now has 216 channels under license.
About JumpTV
JumpTV (AIM, TSX: JTV) is the world's leading subscription-based broadcaster of ethnic television over the Internet. With over 200 channels from 65+ countries, JumpTV delivers its subscribers full-screen news, sports and entertainment content on a real-time basis from all corners of the globe. JumpTV has subscribers from over 80 countries who view channels on the JumpTV online network via high-speed Internet connections on their home computers, laptops, Internet-enabled televisions and mobile phones.
Forward looking statement
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. 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.
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