JumpTV and NeuLion to Merge and Create Internet Protocol Television (IPTV) and Web Streaming Powerhouse

Market Wire, June, 2008

In connection with the merger, JumpTV has decided to retain certain assets of its content delivery network (CDN) and international channels, which it will leverage within the combined company structure and multi-platform IPTV offering. JumpTV previously disclosed that it intended to divest its CDN and international channels.

Sports Programming

The merger brings together the largest online offering through the following partnerships and properties:

--  National Hockey League
--  NCAA Division I schools and conferences
--  2010 South American, African and Asian World Cup Qualifiers
--  World Championship Sports Network
--  International Fight League
--  World class pro-cycling events such as the Giro d'Italia, Tirreno-
    Adriatico, Milan-San Remo, and the Vuelta a Espana
    

In March, 2008, comScore ranked JumpTV as the #1 most engaging website among those in the sports video category with a recorded 40.4 minutes per viewer per month in the U.S. Additionally, JumpTV viewers watched approximately 20 million minutes of online sports video in the U.S. in March ranking it as #4 in the Sports Video Sites category overall.

During the 2007-2008 National Hockey League season, NeuLion-delivered NHL broadband service streamed over 1,700 NHL hockey games. In the two weeks preceding the NHL Stanley Cup playoffs, the service reached over 10 million unique visitors.

In the past 12 months, JumpTV streamed more than 15,000 live sports events online making it one of the largest broadcasters of professionally licensed live sports programming over the Internet in the world.

International Programming

The merged company will provide IPTV services including live and on-demand video streaming for more than 200 international partners including:

--  KyLinTV (China)
--  ABS-CBN (Philippines)
--  Globecast (France)
--  Channel i (Bangladesh)
--  Canal 7 (Mexico)
--  America TV (Peru)
--  TV Chile (Chile)
--  MBC Broadcasting (Middle East)
    

KyLinTV, a 17% minority-owned subsidiary of NeuLion offers more than 40 of the most popular Chinese broadcast TV channels and the largest selection of Video-On-Demand (VOD), including more than 30,000 hours of programming.

Religious Programming

The merged company will include NeuLion's partnership with Sky Angel, a Christian family-friendly TV and radio network. Sky Angel's offering includes approximately 50 television channels and over 20 faith-based radio stations.

About the Merged Company

Charles Wang, the founder and former CEO of Computer Associates International, Inc. (now CA, Inc.), owner of the New York Islanders and husband of Nancy Li -- will become Chairman of the merged company. Mr. Paterson, will be Executive Vice-Chairman and Ms. Li will become CEO and a Director. Jordan Banks will continue to serve as CEO of JumpTV on an interim basis. Nada Usina, current President of JumpTV, will continue as President of the merged company.

Upon the execution of the Definitive Agreement, AvantaLion LLC, an entity controlled by Mr. Wang, has irrevocably committed to subscribe for 10 million units from JumpTV's treasury at a price of $1.00 per unit. Each unit (a "Unit") will consist of one (1) common share and one-half of one common share purchase warrant exercisable at $1.25 and one-half of one common share purchase warrant exercisable at $1.50. The warrants partially comprising the Units will be exercisable for a period of two years from the date of issuance.