WIFT Wi Fi TV Inc New (CE)

Wi-Fi TV Inc. (Pink Sheets:WIFT), which has been steadily increasing revenue and registered users for its website www.Wi-FiTV.com , is now emerging with a new plan to move up the ranks of global web sites in terms of viewers, market share for Internet TV, revenue and total corporate value. Wi-Fi TV today announced its goals for the next generation Wi-Fi TV website and has been consulting with longtime shareholders, users and fans about how to most quickly and effectively implement its vision. Wi-Fi TV believes that implementation of the goals will put the company in position to become a well known and popular global web site with an exit strategy of being potentially sold to a larger company and/or gaining corporate value. The specific goals for the next generation Wi-Fi TV website are divided into four categories: Personal TV Stations Launch, Business TV Stations Upgrades, Site Upgrades, China and Global Expansion Wi-Fi TV Personal TV Stations 1- Introduction of the first ever Personal Internet TV Stations for all individuals, (and with special categories for music bands ,charitable organizations and churches) with several attributes, including: a) Unique URL so creators of Personal TV Stations can provide an easy link to friends that will go to their unique TV station page b) New encoding/uploading interface for user uploads, activation, deactivation and order of 24/7 continuous streaming programming, and on-demand videos, making it automated and simple to control all user content on the TV station pages c) User upload of pictures and logo to their unique TV station page d) User upload of station description to their unique TV station page e) User creation of links, including to their other websites, on their unique TV station page f) User upload of RSS news feeds to their unique TV station page g) User ability to "go live" including, for the first time on the Internet, featuring live video and audio of friends who are invited to join live TV sessions through their webcams and computers h) Live chat box i) Enhanced search feature and statistics features j) Traffic rankings of stations and special highlighted stations based on content Wi-Fi TV Business Stations Upgrades 2- Enhanced Internet TV stations for sale to business which include all of the features of a personal Internet TV station plus: 3- Ability to sell sponsorships a) Ability to upload ads and retain all ad revenue b) Ability to link to shopping cart c) Listing in Premium Stations box throughout web site d) Listing on Wi-Fi TV ClickerTape(TM) e) Inclusion in press releases f) Inclusion in emails to Wi-Fi TV database g) Inclusion of select programming on Wi-Fi TV Channel One h) Station owners will be interviewed for Wi-Fi TV special programming i) Inclusion in Business Station of the Week program Wi-Fi TV Site Upgrades 4- Easier and clearer user interface for both viewers and providers of content 5- Elimination of extraneous items to focus on Internet TV and Internet Movies 6- Graphically simpler sign-up, log-in and less introductory pages 7- Improved tutorial for online automation of all station creation and maintenance features 8- Search feature and better dropdown boxes to access stations 9- Better splash page and home page design utilizing Flash 10- Integration of personal control room features and member video upload features into personal Internet TV station pages 11- Improved ad engine for banner and video ads 12- Enhanced statistic programs and rankings of Wi-Fi TV stations 13- Mobile page with stations and movies optimized for portable devices including iPod(R) and iPhone(R) China and Global Expansion 14- Aggressively enter the China market (the world's largest Internet market in terms of numbers of users and growth) and expand global marketing with: a) Relocation of U.S. based servers to One Wilshire Building, Los Angeles b) Plan for introduction of servers in China c) Plan for Chinese language version of web site d) Distribution in China by a leading Chinese content distribution provider e) Enhanced relationships with telephony and Internet companies in the U.K. While working toward the implementation of its next generation web site, Wi-Fi TV is now adding new exclusive station content on a regular basis at www.Wi-FiTV.com. Wi-Fi TV Shareholder Loyalty Program Wi-Fi TV Inc. is trading under a new ticker symbol, WIFT.PK A form whereby shareholders can participate in the Wi-Fi TV Shareholder Loyalty program will be emailed out this week to those who have expressed interest in the program. For information on the Wi-Fi TV Shareholder Loyalty Program for all shareholders of record on June 24, 2008, please email info@wi-fitv.com. Full rules and regulations of participation in the program will appear on the form. About Wi-Fi TV: Wi-Fi TV(TM) is a pioneer of TV on the Internet. Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995. Wi-Fi TV Inc. provides Social Internet TV(TM), a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. The Wi-Fi TV web site (www.Wi-FiTV.com) is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a free dialer and make phone calls and host live video parties all on one web site. The Company was launched in 1995 and has been publicly traded since November 1997. Wi-Fi TV Inc. recently announced that it is adding additional technological features to its web site to position it to be a leader in Internet TV market share, and has introduced a simplified sign-up process. Wi-Fi TV has several exclusive TV stations including www.Wi-FiCars.com, www.Wi-FiGreen.com, www.WatchWi-FiTV.com. For information on purchasing a Wi-Fi TV Station, send an email to info@wi-fitv.com or call 949-675-5011. For press relations, contact Colby Marceau, 949-716-9397, info@wi-fitv.com. Forward-Looking Statements Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.