Jun 21, 2007 OREM, UT – HammerTap, a leading online market research firm, today announces the company has become an Affiliate Partner of Onstream Media’s ( OTC: ONSM) Auction Video Program. Onstream Auction Video is a professional video transcoding and hosting service recently added to the list of eBay-approved video hosting providers. Under the agreement, Onstream Media will extend its high-quality Auction Video transcoding and hosting solutions to participating HammerTap clients. This innovative program allows eBay Sellers to include video clips in their auction listings and About Me pages to increase trust and enhance the selling process. “HammerTap is well respected and widely used in the eBay selling community. The addition of professional Onstream Auction Video capabilities from an eBay approved hosting and services provider only strengthens HammerTap’s offerings,” said Randy Selman, president and chief executive officer of Onstream Media. “Needless to say, we are pleased to be working alongside a research-based and solutions driven partner with a proven track record of innovative auction support services in the eBay community.” “We are excited to be partnering with Onstream Auction Video, a leader in rich digital media and auction video services,” says Jen Cano, HammerTap spokesperson. “HammerTap has a rich history of providing eBay sellers with the power to make educated selling decisions. We encourage our clients to combine this power with the strength of Onstream Auction Video’s tools, which are specifically focused on online auction video.” HammerTap and Onstream Auction Video showcased their innovative solutions at eBay Live in Boston June 14 - 16, 2007. About Onstream Media: Onstream Media Corporation ( OTC: ONSM) is a leading online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content on the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user- generated content in combination with social networks and online video classifieds. Onstream Media also provides live and on-demand webcasting, webinars, web and audio conferencing services. Almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services. Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Dell, Disney, MGM, Deutsche Bank, Rodale, Inc., Televisa, Thomson Financial/CCBN, PR Newswire, Bonnier Corporation and the U.S. Government. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655. About HammerTap, LLC HammerTap was the first online research solution available on eBay, reaching out to sellers with answers about how to get the most out of their listings. HammerTap continues to offer sellers and buyers the most in-depth market research tools, dedicated support, and well-rounded education. Our solutions help sellers power-up their listings to increase sales and maximize profits, as well as help buyers make educated shopping decisions. For more information, visit http://www.hammertap.com and http://www.auctiontrustnetwork.com. HammerTap, ATN, Auction Trust Network, and Reconnect are trademarks of HammerTap, LLC. HammerTap Media Relations: 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. |