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ubroadcast, inc.: ubroadcast Announces Official Launch of New "ubroadcast TV" Video Platform

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^{Published in Science and Technology on Wednesday, July 15th 2009 at 6:16 GMT, Last Modified on 2009-07-15 06:16:26 by Market Wire}  

SAN DIEGO, CA--(Marketwire - July 15, 2009) - ubroadcast, inc. (OTCBB: [ UBCI ]), a leader in Internet Broadcasting, today announced the much anticipated launch of its "ubroadcast TV" service and newly designed web site, [ www.ubroadcast.com ].

The Company now offers users a complete web based broadcasting platform -- TV and radio -- that enables anyone to quickly and easily broadcast a LIVE or On Demand channel to a global, interactive audience via the Internet.

Over the past several months, ubroadcast has worked to develop an easy-to-use video broadcasting platform and improve on the success of its original radio broadcast application. UBCI plans to announce many more features for live and recorded broadcasting and enhanced monetization and distribution options.

"Our pre-launch user reaction was incredibly positive and we are very proud to bring the power of LIVE video and radio broadcasting to everyone," said John Castiglione, President of ubroadcast. "With a variety of niche programming from our multitude of broadcasters, we are providing quality entertainment and opportunities for others to monetize our service which is important in the current economic climate."

He concluded, "We are excited about the direction we are headed in. The fact is that, much like Twitter®, MySpace® and Facebook® users have expanded those web sites' uses in ways never envisioned by their developers, our users will soon be deploying the ubroadcast system in exciting and creative ways we haven't yet had time to consider."

UBCI encourages users to visit [ www.ubroadcast.com ] to get a free account and try the exciting new broadcasting platform.

About ubroadcast, inc.

UBCI's ubroadcast.com allows users to produce and broadcast LIVE and On Demand television and radio in up to high quality. By blending this user-generated content and UBCI's own original programming in a single application, UBCI bridges the gap between Internet video and traditional network radio and television.

Rolling Stone magazine, About.com, TechCrunch.com, and ABC News have all given ubroadcast media attention, and The San Diego Business Journal headline stated that the market for ubroadcast programs could be "Larger than MySpace® and YouTube®."

Please visit [ www.ubroadcast.com ] for more information and, and follow us on Twitter: [ www.twitter.com/ubroadcast ].

Safe Harbor Statement

This press release contains statements that may constitute forward-looking statements, including the company's ability to complete a business acquisition. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about UBCI's future business and financial results, refer to UBCI's Annual Report on Form 10-K for the year ended December 31, 2008. UBCI undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.