RNS Number:1449D
JumpTV Inc.
03 September 2007

JumpTV Closes XOS Broadband Network Acquisition

TORONTO--(Marketwire - August 31, 2007) - JumpTV Inc. (AIM: JTV) (TSX: JTV) is
pleased to announce that the acquisition of the Broadband Network business unit
of XOS Technologies Inc. ("XOS Network"), disclosed on July 17, 2007, is closing
today. The consideration for the sale was US$60.25 million in cash and up to 3
million retention warrants for employees of XOS Network.

As part of the consideration employees of XOS Network have been initially
granted 1.75 million common share purchase warrants permitting the holders to
buy one common share at an exercise price equal to the average closing prices of
JumpTV stock on the Toronto Stock Exchange on the last trading day of each of
June, July, August and September 2007, exercisable for a period of 5 years. Each
warrant will vest 1/48th per month for the employees. The grant of 1.25 million
of the total 1.75 million warrants is subject to shareholder approval.

About JumpTV

JumpTV (AIM: JTV) (TSX: JTV) is a leading distributor of live international
television and sports over the Internet. With over 300 TV channels from 75+
countries, JumpTV delivers full-screen sports, news and entertainment content on
a real-time basis from all corners of the globe to computers, Internet-enabled
TV sets, IP set-top-boxes and cell phones with browser access.

Forward-looking statement

Certain statements herein may constitute forward-looking statements, including
those identified by the expressions "may," "will," "should," "could,"
"anticipate," "believe," "plan," "estimate," "potential," "expect," "intent" and
similar expressions to the extent they relate to JumpTV or its managements.
These statements reflect JumpTV's current expectations and are based on
information currently available to management. These forward-looking statements
are subject to a number of risks, uncertainties, assumptions and other factors
that could cause actual results or events to differ materially from current
expectations, including the matters discussed under "Risk Factors" contained in
JumpTV's prospectus (admission document) dated August 1, 2006 and the matters
discussed under "Risk Factors" contained in JumpTV's final short form prospectus
dated February 19, 2007. These forward-looking statements are made as of the
date hereof, and JumpTV assumes no obligation to update or revise them to
reflect new events or circumstances.


JumpTV Contacts:

KSCA Worldwide
Lewis Goldberg
T: 212.896.1216
lgoldberg@kcsa.com

NOMAD:
Canaccord Adams
Chris Bowman
Chris.Bowman@CanaccordAdams.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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