JTV Jumptv

RNS Number:0372P
JumpTV Inc.
05 January 2007


JumpTV Signs 12 New Channels, Closes SportsYa.com Acquisition and Makes
Executive Appointments

TORONTO -- (MARKET WIRE) -- January 05, 2007 -- JumpTV Inc. (AIM: JTV)(TSX: JTV)
(www.jumptv.com), the world's leading broadcaster of ethnic television over
the Internet, announced today that the Company ended 2006 with 254 channel
partnerships, is consummating the previously announced acquisition of Sports
International Group and made several management appointments for 2007.

Channel Partnerships

JumpTV announced the signing of exclusive agreements with 12 new television
channels before year-end bringing the total number of channels under license at
December 31, 2006 to 254.

Channels signed include: DITV and Galaxy Television (Nigeria), Banglavision
(Bangladesh), El Gourmet (Latin America), Net 25 Channel (Philippines), TVRI
(Indonesia), Channel 3 (Trinidad & Tobago) and Kook TV, APNA TV, KTN, Kashish
and KTN News (Pakistan).

Max Goldenberg, vice president, Internet Business of Pramer, the owner of El
Gourmet channel said "We are thrilled to announce our partnership with JumpTV
and are confident that they will provide El Gourmet channel with the audience
reach and quality preservation we were looking for in identifying an Internet
television partner. JumpTV has clearly established itself as a leader in both
the ethnic media and online television industries and we are proud to join a
channel roster which includes so many of our respected peers."

The 12 new channels will be individually priced at US$9.95 per month when
launched commercially, and some will become part of country/region-specific
channel bundles at later dates. Banglavision will soon be included in JumpTV's
newly-launched Bangla Package of channels, which currently includes top
Bangladeshi channels; Channel i, NTV Bangla and RTV Bangla. The addition of the
5 Pakistani and 2 Nigerian channels brings JumpTV's Pakistani and Nigerian
channel lineup to 9 channels and 3 channels respectively, and bundles will be
launched for each of these countries soon.

Kaleil Isaza Tuzman, president and chief executive officer of JumpTV
International stated, "JumpTV is laser-focused on successfully executing against
our three-phased strategy which began with (a) channel acquisition, followed by
(b) building the best user experience for live video on the web and will be
completed by (c) our subscriber acquisition efforts.

Isaza Tuzman continued, "This past year we far surpassed what industry watchers
believed was possible by signing nearly 200 new channel partnerships. At the
same time, we released JumpTV version 3.0, our new user interface, and
established strategic relationships with distribution partners including
Comcast, Telefonica's Terra Networks, Maktoob and QuePasa.com -- which we
believe will lead to significant growth in subscribers over the next 12 months."

Sports International Group LLC ("SIG") Acquisition

JumpTV has previously announced the acquisition of Sports International Group
LLC ("SIG"), the owner of www.SportsYa.com. The Company anticipates closing the
transaction no later than Monday, January 8, 2007.

Daniel Canel, former CEO and majority shareholder of SIG, has become Chairman of
JumpTV's Latin American business unit, and will contribute materially to the
Company's overall sports and corporate development initiatives.

Canel noted, "I am delighted to join the hard-working, dynamic and visionary
management team at JumpTV. The SportsYa.com asset will be highly complementary
to JumpTV, and we have the building blocks in place to experience rapid growth
in subscribers and advertising in our Hispanic and sports businesses."

Pursuant to the acquisition, the Company has issued 521,345 of its Common
Shares. Application has been made to the London Stock Exchange for these shares
to be admitted to AIM, such shares are expected to be admitted to AIM on January
9th, 2007. Following the admission of the new Common Shares, the Company's
issued share capital will consist of 35,342,466 Common Shares of no par value.

Management Appointments

JumpTV announced today that its board of directors has appointed Kaleil Isaza
Tuzman as president and chief operating officer of JumpTV Inc. Isaza Tuzman will
continue to serve as president and chief executive officer of JumpTV
International, the Company's wholly owned subsidiary. In addition to his current
role heading the Company's global business development and international
operations, Isaza Tuzman will assume the day-to-day management of the Company's
overall business operations, including marketing, network operations and product
development. The appointment is effective immediately.

Alex Blum, who had previously held the position of president and chief operating
officer of JumpTV Inc., will continue with the Company through the end of
January to help facilitate the transition after which time he will serve on
JumpTV's Advisory Board and assume his new role as chief executive officer of a
social networking and user generated content application service provider based
in New York City, a technology provider to JumpTV.

In addition, the following appointments have been made:

Sila Celik, based in London, UK, chief operating officer of JumpTV
International, has been named head of global operations.

Lucy Kupnicki, based in Toronto, Canada, has been named head of program
management.

Brian Adams, based in Toronto and New York, vice president of engineering and
media services, has been named head of the product development group.

Mark David, based in London, UK, managing director of JumpTV International, has
been named head of JumpTV's global sports initiatives.

Mike "JB" John-Baptiste, based in San Francisco, formerly vice president,
Internet at First Data Corporation, has been named head of global enterprise
distribution partnerships.

Noel Biderman, based in Toronto and formerly a consultant at IPTV Limited, has
been named head of product marketing and documentation.

Brenda Gibson, based in Toronto and formerly director of finance at Yahoo!,
Inc., has been named controller.

Kevin Foong, based in Singapore, general manager of JumpTV's Asia Pacific group,
will be joining the Company's strategy committee.

Commenting on these appointments, G. Scott Paterson, chairman and chief
executive officer of JumpTV stated, "We have built an incredibly strong team of
executives with global reach and experience. When I became CEO in May 2005, we
had only seven exclusive channel partnerships and no third-party marketing/
distribution relationships. Under Kaleil Isaza Tuzman's leadership and tireless
efforts, we have become the single largest carrier of ethnic television in the
world with more than 250 exclusive channel agreements today, top-notch sports
content and world-leading marketing/distribution partners. The board of
directors and I are confident that in Kaleil's expanded role he will provide the
day-to-day leadership for our Company to achieve our objectives for 2007 and
beyond."

Isaza Tuzman stated, "We have built an exciting business model and a strong
technical foundation at JumpTV. I look forward to leading the execution of the
next phase of our development -- subscriber acquisition and the introduction of
advertising -- while at the same time continuing to broaden our content offering
and enhancing our world-class video experience on the Internet. The online
broadcasting industry is evolving at lightning speed and we plan to remain at
the forefront of this evolution."

About JumpTV

JumpTV (AIM: JTV) (TSX: JTV) is the world's leading subscription-based
broadcaster of ethnic television over the Internet. With over 250 channels from
70+ 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.

This document is available on the KCSA Worldwide Website at www.kcsa.com

PR / IR Contacts
North America:
Lewis Goldberg / Jeff Goldberger
KCSA Worldwide
+1-212-896-1216 / +1-212-896-1249
lgoldberg@kcsa.com / jgoldberger@kcsa.com

UK:
Alex Mackey
Catullus Consulting
+44 20 7736 2938
alex.mackey@catullusconsulting.com

NOMAD:
Canaccord Adams
Chris Bowman
+44 (0) 20 7050 6500
Chris.Bowman@CanaccordAdams.com




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
ACQEANFSEENXEEE

Jumptv (LSE:JTV)
Historical Stock Chart
From Jun 2024 to Jul 2024

Jumptv (LSE:JTV)
Historical Stock Chart
From Jul 2023 to Jul 2024