Mar 1, 2007 POMPANO BEACH, FL – Onstream Media Corporation ( OTC: ONSM), a leading online service provider of live and on-demand, digital media communications and applications, reported today that Dell, Inc. (Nasdaq:DELL), has selected the online video solutions, offered by Onstream Media’s Web 2.0 Digital Media Services Platform (DMSP), for StudioDellâ, an online service designed to further enhance Dell’s efforts to communicate with its customers through new and exciting digital communication channels. The recently announced StudioDell service at http://www.studiodell.com offers Dell customers a rich online video experience, encompassing both online streaming and video/audio podcasts, with videos organized by channel in order to enable users to quickly and effectively locate content of interest. Prospective customers and existing users alike have access to streaming media on a variety of subject matters, including product features, user support information and how-to information. Onstream Media’s DMSP provides StudioDell with a streamlined interface to submit video content and associated metadata for hosting by Onstream. Onstream is providing video indexing and metadata ingest services and makes the resulting video searchable online. In addition, Onstream Media is also providing an online interface to support user-generated content enabling StudioDell’s end users to submit content in a range of supported video formats, which are automatically transcoded into streaming Flash Video. The DMSP also provides online administration tools that enable Dell content managers to preview and append metadata, as well as an XML API, to obtain digital asset information by channel for integration with the StudioDell site. About Onstream Media: Founded in 1993, Onstream Media Corporation ( OTC: ONSM) 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 http://www.onstreammedia.com or call 954-917-6655. At the Company: 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. |