"Our educational clients, such as Colonial Williamsburg Foundation and The History Channel, require that their live broadcasts also be delivered in QuickTime for the classroom setting," remarked Randy Selman, CEO of Onstream Media. "But we are now also starting to see a marked increase in the number of corporate customers looking to better reach this audience segment. Just this past week, Onstream Media webcast two events from the Consumer Electronics Show (CES) utilizing QuickTime encoding. In addition, as part of our mobile video initiative, we expect that our QuickTime streaming as well as our other supported streaming video formats should soon find their way onto the new mobile devices such as the Apple iPhone, Motorola Q and Cingular Blackjack."

The availability of Live QuickTime streaming as an integral feature of the company's VisualWebcaster(TM) platform represents yet another facet of Onstream Media's overall efforts to provide a broad array of tools and services that facilitate both the management and distribution of audio and video content via the Internet and mobile devices.

About Onstream Media:

Founded in 1993, Onstream Media Corporation is a leading online service provider of live and on-demand, digital media communications and applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides its customers with the necessary tools for webcasting, web conferencing and webinars as well as managing digital assets, publishing content on the Internet in various files and formats and establishing e- commerce storefronts to transact business online.

All of Onstream Media's services are focused on increasing productivity and revenues, and reducing capital expenditures and operational costs for any organization in an affordable and highly secure environment. As a result, 78% of the Fortune 100 CEOs and CFOs and almost half of the Fortune 1000 companies have used Onstream Media's services. Select Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Discovery Education, Disney, MGM, Deutsche Bank, Rodale, Inc., Thomson Financial/CCBN, PR Newswire and the U.S. Government. For more information, visit Onstream Media at www.onstreammedia.com or call 954-917-6655.

Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to, fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.

At the Company: Media Relations: Barry A. Rothman Chris Faust Onstream Media Corporation FastLane Communications 954-917-6655 973.582.3498 brothman@onstreammedia.com

CONTACT: Barry A. Rothman of Onstream Media Corporation, +1-954-917-6655 brothman@onstreammedia.comor ; or Media Relations, Chris Faust of FastLaneCommunications, +1-973-582-3498 or

Web site: http://www.onstreammedia.com/