- Onstream Media Delivers More than One Quarter Billion Videos for Televisa

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    POMPANO BEACH, Fla., Aug. 6 /EMWNews/ -- Onstream Media

Corporation (Nasdaq: ONSM), a leading online service provider of live and

on-demand digital media communications and applications, reported today

that Televisa, the largest media company in the Spanish-speaking world, is

expanding its multi-year business relationship with Onstream Media.

Televisa is currently using Onstream Media's Digital Media Services

Platform (DMSP) to facilitate the automated uploading, transcoding, hosting

and streaming of user-generated video content within its Esmas social

network portal. The new services will enable Televisa's audience to

experience videos of increased quality as a result of applying higher bit

rates, larger frame sizes, aspect ratios and improved codecs. Televisa is

expected to use these high-quality video capabilities for new projects

currently in development related to their Television production division.



    Juan Bernardo Gonzalez Mendoza, Director of Technology of Televisa

Digital, stated, "Onstream Media is one of our more important vendors,

providing us with a solid and scalable platform for which we have grown our

user-generated video business. The Esmas social network depends on the

reliability and versatility of its integrated technologies to give our

audience the best user experience possible. Onstream Media continues to

meet our demanding requirements."



    "Our business relationship with Televisa continues to grow," said Randy

Selman, President and Chief Executive Officer of Onstream Media. "Our DMSP

now supports hundreds of thousands of video views per day and has processed

and delivered hundreds of millions of videos for Televisa and its various

divisions since we began the service. We continue to innovate and improve

our service offerings and as a result of both our ongoing development

activities and recent technology acquisitions, we are able to continue to

meet the expanding and changing needs of our major clients such as

Televisa."

    About Televisa



    Grupo Televisa, S.A.B., is the largest media company in the

Spanish-speaking world and a major participant in the international

entertainment business. It has interests in television production and

broadcasting, production of pay-television networks, international

distribution of television programming, direct-to-home satellite services,

cable television and telecommunication services, magazine publishing and

publishing distribution, radio production and broadcasting, professional

sports and live entertainment, feature-film production and distribution,

the operation of a horizontal internet portal, and gaming. Grupo Televisa

also owns an unconsolidated equity stake in La Sexta, a free-to-air

television venture in Spain.



    About Onstream Media:



    Onstream Media Corporation (Nasdaq: ONSM) is an online service provider

of live and on-demand internet video, corporate web communications and

content management applications. Onstream Media's pioneering Digital Media

Services Platform (DMSP) provides customers with cost effective tools for

encoding, managing, indexing, and publishing content via the Internet. The

DMSP provides our clients with intelligent delivery and syndication of

video advertising, and supports pay-per-view for online video and other

rich media assets. The DMSP also provides an efficient workflow for

transcoding and publishing user-generated content in combination with

social networks and online video classifieds, utilizing Onstream Media's

Auction Video(TM) (patent pending) technology. In addition, Onstream Media

provides live and on-demand webcasting, webinars, web and audio

conferencing services. In fact, almost half of the Fortune 1000 companies

and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's

services.



    Select Onstream Media customers include: AAA, AXA Equitable Life

Insurance Company, Bonnier Corporation, Dell, Disney, National Press Club,

NHL, MGM, PR Newswire, Televisa, BT Conferencing, Shareholder.com (NASDAQ),

and the U.S. Government. Onstream Media's strategic relationships include

Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information,

visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.



    Certain statements in this document and elsewhere by Onstream Media are

"forward-looking statements" within the meaning of the Private Securities

Litigation Reform Act of 1995. Such information includes, without

limitation, the business outlook, assessment of market conditions,

anticipated financial and operating results, strategies, future plans,

contingencies and contemplated transactions of the company. Such

forward-looking statements are not guarantees of future performance and are

subject to known and unknown risks, uncertainties and other factors which

may cause or contribute to actual results of company operations, or the

performance or achievements of the company or industry results, to differ

materially from those expressed, or implied by the forward-looking

statements. In addition to any such risks, uncertainties and other factors

discussed elsewhere herein, risks, uncertainties and other factors that

could cause or contribute to actual results differing materially from those

expressed or implied for the forward-looking statements include, but are

not limited to, fluctuations in demand; changes to economic growth in the

U.S. economy; government policies and regulations, including, but not

limited to those affecting the Internet. Onstream Media undertakes no

obligation to publicly update any forward-looking statements, whether as a

result of new information, future events or otherwise. Actual results,

performance or achievements could differ materially from those anticipated

in such forward-looking statements as a result of certain factors,

including those set forth in Onstream Media Corporation's filings with the

Securities and Exchange Commission.






     CONTACTS:

     Onstream Media:                 Investor Relations:

     Chris Faust                     Brett Maas

     FastLane Communications         Hayden Communications

     973-226-4379                    646-536-7331

     [email protected]            [email protected]