ROO to Power Online Video for New Comedy Time Broadband Service
Market Wire, June, 2006
ROO (OTCBB: RGRP), a leading online video syndication network, today announced a partnership with Comedy Time, a top provider of comedy content for mobile devices, to provide them with a broadband video solution. Under this offering, Comedy Time will provide its library of 2-5 minute entertainment on-demand videos clips to ROO's syndicated global network. Content will consist of established comedians and new rising stars performing on stage at well known comedy clubs like LA's Ice House and various Improv and Funny Bones locations, along with the country's top comedy festivals.
Comedy Time content will be available across the ROO network of affiliate websites, including Verizon Broadband Beat, iWon, Excite, Bulldog Broadband (a Cable and Wireless company) and News Interactive in Australia.
"Comedy Time is a great addition to the ROO lineup of content. The partnership with Comedy Time will enhance ROO's ever expanding offering of entertainment content," said ROO CEO Robert Petty.
"As a market leader in comedy for mobile devices, we are looking to duplicate our success on broadband. ROO is one of the most effective video delivery systems that we have seen and will be instrumental in our growth strategy," Comedy Time CEO David Goldman.
Comedy Time join's ROO's high-profile group of entertainment content providers and affiliates, which includes major record labels, film studios, cable networks and news organizations as well as a wide range of niche oriented lifestyle properties.
About ROO
ROO Group Inc. (OTCBB: RGRP) ("ROO") is a global provider of online video broadcasting solutions that enables the activation, marketing and distribution of video content over the Internet and emerging broadcasting platforms such as set top boxes and wireless. ROO www.roo.com offers turn-key video solutions for businesses seeking to improve their web presence with video broadcasts or broadcast their own latest video clips. ROO helps business advertise their latest offering with interactive advertising solutions, 15-30 second video commercials with a linked call to action and played simultaneously with topical video content such as news and entertainment in a television style format over the Internet.
About Comedy Time
The Comedy Time Network is one of the first made-for-mobile networks and is the global market leader in original comedy content created for wireless handsets. In the United States alone it is distributed to over 1,000,000 subscribers. Internationally Comedy Time is distributed in the United Kingdom, Denmark, Sweden, Latvia, Canada, Mexico, South America, South Africa, the Philippines and Singapore and is rapidly growing its international presence.
Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of ROO Group Inc. ("the Company"), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov .
Contacts: Cynthia Cooper ROO 212-661-4111 x276 Cynthia.cooper@rooemail.com Nick Mendoza Rogers & Cowan 310-854-8128 nmendoza@rogersandcowan.com
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