Betawave Begins Trading Under New Ticker Symbol

Betawave Corporation (OTCBB:BWAV) (www.Betawave.com, formerly known as GoFish Corporation) announces that effective Friday, February 27, 2009, the ticker symbol for the company’s common stock will change from “GOFH” to “BWAV.” The company has also received a new CUSIP number (08660F 100) for its common stock. This follows the company’s name change from GoFish Corporation to Betawave Corporation previously announced in January 2009 and the completion of a $22.5 million financing in December 2008.

Stockholders may exchange their current stock certificates for stock certificates reflecting the new company name and new CUSIP number, but are not required to do so. Stockholders interested in exchanging their stock certificates should contact the company’s transfer agent at: Continental Stock Transfer & Trust Company, 17 Battery Place, New York, NY 10004. Telephone: [phone]; Fax: [phone], e-mail: [e-mail].

Betawave Corporation (www.betawave.com) (OTCBB:BWAV), headquartered in San Francisco and New York with sales offices in Los Angeles and Chicago, is a leading entertainment and media company focused on brand immersion experiences that reach consumers in a deeply engaged state of mind. Betawave specializes in aggregating and distributing premium content on a large network of quality sites for which Betawave is the exclusive brand advertising monetization partner. The Betawave portfolio of publishers reaches over 25 million unduplicated online users domestically and 69 million worldwide.* It ranks as the third largest online U.S. youth opportunity and a top five ‘mom’ opportunity for blue-chip advertisers. *Source: Comscore Media Metrix Media Trend (with duplication), December 2008.