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ubroadcast.com Announces 10,000th Broadcast Channel

^{Published on 2010-01-04 14:50:07 - Market Wire}
 

SAN DIEGO, CA--(Marketwire - January 4, 2010) - ubroadcast, inc. (OTCBB: [ UBCI ]), a leader in Internet Broadcasting, today announced the launch of the 10,000th original broadcast channel on its ubroadcast.com web site. In its announcement, the company stated that the original programming available on ubroadcast.com provides an unparalleled variety in "free" broadcast entertainment choices, with broadcast channels originating from over 100 countries, including Mexico, Russia, Australia, Spain, Thailand, Singapore and Borneo. Increasingly, ubroadcast.com broadcasters are subscribing to broadcaster packages that permit a channel to be viewed by larger audiences. With the continued steady growth in web site traffic and member sign-ups, the company expects that ubroadcast.com will, more and more, become an influential online entertainment destination.

The company also noted that ubroadcast.com's 10,000 channels, being free to users, stands in stark contrast to cable and satellite networks, where users are required to pay significant monthly fees for programming. In a January 1, 2010 article, "Next Up on Cable TV, Higher Bill for Consumers," by Brian Stelter, provided by The New York Times to Yahoo.com, it is stated: "These battles [for higher fees to content providers] are playing out just as the television industry is coping with the wrenching changes brought on by new competition from the Internet... In Washington, where proposals for 'à la carte' cable pricing were popular in recent years, some lawmakers and regulators now look to the Web as a more attractive, market-driven solution. Viewers will increasingly be able to bypass pay TV service and watch whatever they like online. Distributors are trying to put a system into effect that will offer some TV shows online to existing subscribers only."

"ubroadcast.com is prepared to become a significant player as entertainment delivery methods begin to accelerate their migration to the Internet," said John Castiglione, ubroadcast's President.

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: 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.