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ubroadcast.com Signs Ad Revenue Sharing Agreement With Baja California Real Estate Development Firm

^{Published on 2009-12-08 08:36:43 - Market Wire}
 

SAN DIEGO, CA--(Marketwire - December 8, 2009) - ubroadcast, inc., (OTCBB: [ UBCI ]), a leader in Internet Broadcasting, today advised that Baja California real estate development firm Grupo Valcas had signed on as an advertiser on its ubroadcast TV service on ubroadcast.com.

Under the agreement, ubroadcast will be paid a referral fee on property sales made by Grupo Valcas at its Rancho Tecate Resort and generated from its ubroadcast.com "click-through" video ads.

John Castiglione, ubroadcast's President, commented, "As traffic to our ubroadcast.com web site continues its impressive growth, we believe more and more companies like Grupo Valcas will recognize the direct sales potential that our ubroadcast TV platform offers. We look forward to participating in the success of the Rancho Tecate Resort development."

UBCI encourages interested businesses and others to visit[ www.ubroadcast.com ] to get a free account and try its 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 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 follow us on Twitter: [ www.twitter.com/ubroadcast; ] MySpace: [ www.myspace.com/ubroadcast; ] and on Facebook.

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.