Instant Media Releases Free Software for High-Definition Internet TV

Market Wire, May, 2006

Instant Media (I'M), a privately held technology company pioneering Internet TV , today introduced a breakthrough, free software that delivers high definition shows over the Internet. The company also announced the availability of two new high-definition shows -- Rocketboom and BuyTV -- available to any viewer for free using its software.

Unlike traditional streaming video, I'M's patent-pending caching technology enables the highest quality, full-screen viewing experience on the market today. I'M is giving consumers the first glimpse of high definition with the new shows that are rolling out today.

BuyTV is a 30-minute weekly show produced by Buy.com which focuses on technology reviews and product features. Rocketboom is a leading daily videocast with commentary on news and Internet culture.

In addition to these new high-definition shows, I'M also carries a broad selection of standard-quality videocasts and audiocasts , with over 350 channels including content from top media companies such as CBS, NBC, ABC, MTV, PBS, BBC, and VH1.

"With the increasing rise in broadband use, consumers want to use their PCs and laptops for viewing high-quality TV shows," said Andy Leak, CEO of I'M. "We have developed patent-pending software which provides consumers with a rich Internet TV viewing experience. Today we have launched our first programs in HD and our mission is to be the leader in HD content on the Internet."

In addition to its focus on HD viewing, I'M provides a new interactive model for advertisers, and a fast, easy-to-use publishing platform for content providers.

I'M's management team is led by CEO Andy Leak , a technology industry veteran with 15 years of experience, with leadership positions at Oracle, Verity and Viant; and CTO Geoff Schreiber, whose technical background includes Microsoft, Napster and Universal.

How To Start Watching Internet TV

Viewing Internet TV is easy. Consumers can download the I'M player for free at www.im.com . Once the player is installed, consumers can browse an integrated directory of channels, including videocasts and audiocasts. Viewers can subscribe to their favorite channels. Viewers can perform work on their PC while shows download in the background. New shows appear automatically, and are ready to watch instantly. Instant Media also provides an automated disk management capability.

About Instant Media

Established in 2004, Instant Media (I'M) is a technology company whose patent-pending software delivers HD quality , full screen video over Broadband Internet connections . The company's caching technology manages delivery of high definition media files and provides an automated disk management capability . I'M strives to create the best video platform for consumers, advertisers and content providers. For more information, visit www.im.com .

Notes to Editor:

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For further information, please contact: Agnes Hu Brodeur Email Contact 415-593-2265