Wi-Fi TV Inc. (Pink Sheets:WIFT), www.Wi-FiTV.com, is citing research showing that Internet TV is rapidly stealing viewers away from traditional TV. Wi-Fi TV is pointing to the research as it opens a free conference call to the public today at 4:30 PM Pacific time, 7:30 PM Eastern time at 218-486-1300, bridge #715719. to recruit an expanded independent sales team. Wi-Fi TV is selling Internet TV stations to businesses of all descriptions for $2,000 and believes that the future of TV is planted squarely on the Internet. According to the latest research from media research firm�Ipsos (as reported on May 30, 2008): The percentage of video viewed on a TV among video downloaders and streamers declined from 75% in February 2007 to 70% in February 2008 The�percentage of total screen time captured by movie theaters also declined significantly in the past year. The percentage of video viewed on�a computer�nearly doubled its share (19%) with digital video consumers since early in 2007 (11%). Among the 52% of Americans age 12+ who have ever streamed or downloaded a digital video file online, about one out of every five hours spent watching movies, TV shows and/or other types of videos is done so on a PC. The research shows that streaming video online has become an activity many Americans aren�t just experimenting with, but enjoy on a regular basis. Today, about half of all Internet users aged 12 and up have streamed a video file online in the past 30 days. The growing sophistication of home PCs, as well as the ubiquity of high-speed Internet connections in the home and outside, really facilitated the experimentation process with the digital video medium, and subsequently caused many to adopt the PC as a channel they rely on for video entertainment. Rise In PC�s Share Of Screen Time Across All Age, Gender Groups The overall phenomenon of watching more video content on a PC is not isolated or driven by a few select demographic groups, but rather is relatively consistent across all age groups and genders. In contrast, watching video content on other portable devices is a niche activity for most adult digital video users � many of whom have invested in outfitting their living rooms with HDTVs and subscribe to cable or satellite television. Teens aged 12 to 17 are the only age group that is watching a greater percentage of their video content on portable devices. Not surprisingly, teens also experienced the largest drop in the share of screen time they devote to the TV. However, what�s not known is whether their greater reliance on portable video devices is simply a life stage trend these younger digital video users will outgrow as they age. CALL IN TODAY (FRIDAY IN CHINA AND EUROPE) Join the conference call about sales opportunities and about Wi-Fi TV Stations today (Thursday, August 14) at 4:30 PM Pacific time, 7:30 PM Eastern time at 218-486-1300, bridge #715719. Anyone interested is encouraged to call in, and there will be a limit to the number of those allowed to join the call. Further calls will be announced for those who do not make it in to today's call. If you miss today's call but would like to be on a future call, send an email to info@wi-fitv.com. There are also a limited number of sales management opportunities; for info email info@wi-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. 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. The Wi-Fi TV web site (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 free dialer and make phone calls and host live video parties all on one web site. The Company was launched in 1995 and has been publicly traded since November 1997. Wi-Fi TV Inc. recently announced that it is adding additional technological features to its web site to position it to be a leader in Internet TV market share, and has introduced a simplified sign-up process. Wi-Fi TV has several exclusive TV stations including www.Wi-FiCars.com, www.Wi-FiGreen.com, www.WatchWi-FiTV.com. For information on purchasing a Wi-Fi TV Station or press relations, 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. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
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