Next New Networks Partners with Joost™

Business Wire, June 4, 2007

Next New Networks expands distribution with online networks Pulp Secret, ThreadBanger and Channel Frederator on Joost

NEW YORK -- Joost[TM] (www.joost.com), the world's first broadcast-quality Internet television service, today announced that Next New Networks will bring three program offerings, Pulp Secret, ThreadBanger and Channel Frederator, to Joost.

"We are excited to enter into a new relationship with Joost and launch some of our networks today. In going forward, Next New Networks anticipates rolling out more networks on Joost," said Herb Scannell, cofounder and CEO, Next New Networks.

Today, three Next New Networks channels are available on the Joost platform:

* Pulp Secret is the world's first network dedicated to comic book news and culture that includes interviews, reviews and more. The programming is updated weekly.

* ThreadBanger is the first network for people who make their own fashion and includes DIY tips and how-to's so that you too can create your own style. Viewers can enjoy a new episode of ThreadHeads on a weekly basis.

* Channel Frederator features ReFrederator, an eclectic mix of vintage and classic cartoons.

Yvette Alberdingk Thijm, executive vice president of content strategy and acquisition for Joost, said, "The Joost platform is a destination where people come together over great programming in a wide range of categories, and the Next New Networks channels fit perfectly with our model."

Founded by Janus Friis and Niklas Zennstrom, Joost combines the best of TV and the best of the Internet by offering viewers the experience of sight, sound and motion enhanced with the choice, control and flexibility of Web 2.0. Joost is the first online, global TV distribution platform, bringing together advertisers, content owners and viewers in an interactive, community-driven environment.

About Next New Networks

Next New Networks is a media company that is creating micro television networks over the internet for targeted communities, bringing together elements of traditional TV networks with Internet functionality that invites viewers to contribute, share and distribute content. The company is headquartered in New York City and is privately held. For more information, please visit www.NextNewNetworks.com

About Joost[TM]

Joost[TM] provides a new way of watching TV that combines the best of full-screen television entertainment with the interactive and community benefits of the Internet to bring broadcast-quality video to viewers anytime, anywhere. Based on a state-of-the-art, secure, peer-to-peer streaming technology, Joost can be accessed with a broadband Internet connection and offers video content to viewers for free. Joost features more than 150 channels with programming across all genres, including: cartoons and animation; entertainment and film; sports; comedy; lifestyle and documentaries; and sci-fi. Channels and programs available on Joost vary by geographic region, based on copyright ownership.

To learn more about Joost, visit www.joost.com.