Venevision International Licenses WWEBNET Technology for Transmission of Broadcast Programming

Media Giant to utilize secure network for immediate transmission and international distribution of content as a replacement to pricey international shipping methods

April 29, 2008 – New York, New York:  WWEBNET (“World Wide Electronic Broadcast Network” www.wwebnet.com), Inc.  (Symbol: WWEB) announced today the licensing of its proprietary business-to-business Electronic Broadcast Network technology to global Hispanic Entertainment company, Venevision International.  Venevision International will utilize WWEBNET’s technology in the form of a branded broadcast channel to simply, securely and immediately transmit and deliver television programming, promotional materials and other important corporate information to its broadcast partners and preferred recipients, world-wide, via the World Wide Web. The move to electronic transmission of content, versus ground or air delivery, is projected to radically reduce costs related to Venevision’s annual mailing and over-night international shipping, as well as DVD and CD production costs, and other direct marketing expenses. 

 “This agreement with WWEBNET is part of Venevision International’s increasing presence in the new media, both in the business to business and business to consumer side” -said Luis Villanueva, President and CEO of the company- “in 2008 we will implement new initiatives on the internet and wireless environment and this step in particular, with a reliable supplier and state of the art technology, will bring many benefits in the area of operations and customer service”.

“WWEBNET is the modern day replacement to traditional courier methods such as Fed Ex, DHL, UPS, the British Post and even the US Postal Service.  When it comes to content delivery, these shipping methods are expensive, unnecessary and now outdated,” stated Robert Kelly, CEO of WWEBNET.  “With an uncertain economy and the ballooning costs of fuel, snail mail just does not make economic sense. 

WWEBNET provides a delivery option that is monumentally less expensive, and extraordinarily more effective; it reduces company costs while increasing the bottom line, is environmentally friendly, and simply provides a better way of doing business.”  

WWEBNET’s business-to-business platform is a broadcasting technology that allows the content owner an inexpensive, safe and secure method for automatically  delivering high-quality video, secure corporate materials, as well as audio, text and graphics directly to networked PC’s and portable devices, anywhere in the world. The entertainment operating system is installed via a simple download on the receiver’s computer, creating a two-way communication network, which automatically allows the transmission, receipt and retrieval of desired content instantly, in broadcast quality.  WWEBNET’s network technology provides Venevision with immediate and direct access to its international network of broadcast partners, world-wide, with complete control over content usability (e.g. one time viewing, duplication, streaming, downloading, etc). 

“WWEBNET will now play an integral role in improving the efficiency of our content transmission to our broadcast partners and affiliates world-wide, as we can now count on our TV programming being delivered immediately, in local language format, and without any unexpected delays,” stated Cesar Diaz, Vice President of Sales Venevision International, “Additionally, we expect to significantly reduce our overnight shipping and mailing expenses in 2008, as well as DVD and CD production costs. WWEBNET is up to 95% less expensive than traditional courier methods.”  Venevision intends to utilize WWEBNET’s operating system for transmission of its corporate information, licensed programming including children, drama, comedy and action series, music, telenovelas (soap operas), documentaries and other proprietary content.

WWEBNET ("World Wide Electronic Broadcast Network"), Inc. (Symbol: WWEB) provides powerful solutions to content owners and entertainment companies worldwide for direct-to-customer delivery of licensed music, video and proprietary content.  Headquartered in New York City, WWEBNET is a broadcasting technology and network which delivers high-quality video and audio directly to users PCs and portable devices, via the World Wide Web, regardless of line speed.  It is an intelligent, two-way communication network which interactively and automatically allows users to retrieve and receive desired content in up to DVD quality.  The WWEBNET Operating System provides companies with the ability to create and brand their own worldwide broadcast channels, providing complete turnkey ecommerce, content management and advertising systems, along with a comprehensive database management component, empowering content companies with a robust targeted marketing capability.

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