OJSY Completes Reverse Merger with NTN

NEW YORK, Nov. 14  /PRNewswire-FirstCall/ -- OJsys, Inc. (Pink Sheets: OJSY) announces that, effective as of November 8, 2006, in a reverse merger, the Company: (a) acquired 100% of NTN, Inc., a South Korean- based corporation, in exchange for the issuance of 30,000,000 post-1-for-20 reverse split restricted common shares; (b) changed its corporate name to OJsys, Inc., by consent of shareholders owning a majority of the Company's shares; (c) completed a 1-for-20 reverse split of its previously issued and outstanding shares; (d) retired 9,100,000 pre-reverse split shares owned by its previous principal; (e) elected new directors and officers, who are also NTN's officers and directors; and (f) changed its trading symbol to PINK SHEETS: OJSY.

OJSY now has issued and outstanding 33,250,000 shares, including the 30,000,000 shares issued to acquire NTN.  OJSY's new management team is Mr. Henri Joubaud, Director and CEO (Former Senior-VP of Canal+, France), Mr. Luisito L. Canteras, Director and Chief Management Officer.  Mr. Joubaud, the CEO of OJsys, is focusing on developing the Company's broadcasting operating businesses, such as digital satellite, cable TV and IPTV, which is based on his experience with Canal+, one of the largest satellite broadcasting companies in France.  The Company's website is http://www.ojsys.net/.

NTN, Inc., which is now OJSY's wholly-owned subsidiary, was formed in 2000 and specializes in Home Media Center technology. Based on the Ubiquitous Value Network, it provides Home Media Center technologies, (PC and non-PC), and consumer electronics devices (such as DVD, VTR and TV), which are seamlessly connected to each other and to the network, giving users access to any type of content or service, globally. To date, the Company's major clients have been European companies such as Canal+, Kathrein, Schwaiger, Amstrad and Dixon, and Middle East companies, including EuroSat, Technosat, Echostar and Mediacom. The Company now plans to broaden its market, especially to the US.  For this, NTN held an exhibition at the "Las Vegas CES show" and the "International Broadcasting Convention" in the Netherlands in September 2006.

NTN's 2005 revenues and net earnings 2005 were $5M and $0.15M, respectively (audited in accordance with South Korean GAAP).  For the fiscal year ending December 31, 2006, NTN projects revenues of $5.7M and net earnings of $0.95M. As of September 30, 2006, NTN's total assets were $6.3M and its net worth was $2.2M. 

DATASOURCE: OJsys, Inc.



CONTACT:  A. McGough, [phone]



Web site:  http://www.ojsys.net/ 

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