Watchit Media, Inc. Receives Investment; Investment Partnerships and Company CEO Invest In Watchit Media, Inc.

Watchit Media, Inc. (OTCBB:WMDA), the leading provider
of out-of-home place based private television networks for the gaming,
lodging and hospitality markets, today announced the Company has
received invested capital to help Watchit continue to fuel its rapidly
growing business. The terms and conditions of the investments were not
disclosed. The aggregate amount of the investment was $900,000.
   The investment partnership of Stiassni Capital Partners, L.P., the
investment partnership of brothers Colt and Cliff Melby and Watchit
Chairman and CEO James Lavelle were responsible for Watchit's latest
round of financing.
   Commenting on the investment James Lavelle said, "As we have
continued to effectively execute our strategy and grow our business
since forming Watchit Media, Inc. we have begun to attract the
attention of the investor community. We're obviously delighted to have
gained the confidence of Stiassni Capital and Colt and Cliff Melby. We
will work hard to increase the value of their shares along with those
of all of our stockholders in the months and years ahead."

   About Watchit Media, Inc.

   Watchit Media, Inc. is the leader in producing out-of-home place
based television programming and advertising on private television
networks that matches the unique interests and lifestyles of captive
audiences. Using digital photography, computer editing and Internet
Protocol technology, Watchit produces, schedules and presents its
video content via broadband to gaming, lodging and hospitality venues
across the United States. Watchit's brand marketing and proprietary
television programming reaches over 27,000,000 viewers per year. Visit
the Company's website at www.watchitmedia.com.