Stmnt re Share Price Movement

RNS Number:8398Y
JumpTV Inc.
22 June 2007


JumpTV Update


The Company Comments on Recent Performance and Addresses Shareholder Inquiries


TORONTO -- (MARKET WIRE) -- June 22, 2007 -- JumpTV Inc. (AIM: JTV) (TSX: JTV),
the world's leading broadcaster of ethnic television over the Internet, has
received inquiries from shareholders and interested investors about the
Company's performance in light of the recent volatility of its stock price.


In response to these inquiries JumpTV chairman and chief executive officer, G.
Scott Paterson notes, "We are delighted with the progress we are making in
connection with our two-prong revenue strategy of free-to-consumer, ad-supported
channels in the United States and the continuation of subscription-supported
channels everywhere else in the world."


"We successfully launched our free-to-consumer, ad-supported content offering in
the U.S. in conjunction with partnerships with AOL Video and Terra Networks
earlier this month. As of today, we have approximately 60 channels available on
AOL Video, 30 on Terra US and 100 on www.JumpTV.com offered on a
free-to-consumer basis in the United States."


The Company reports that as a result of these partnerships and the launch of
free channels on www.JumpTV.com, minutes viewed and stream views have increased
significantly since prior to the launch in May 2007. Successful examples include
TNH (Haiti), Aaj TV (Pakistan) and Abu Dhabi TV (Pan Arab) that have had growth
of 742%, 640% and 547%, respectively, in minutes watched on an average daily
basis in the first 3 weeks of June compared to April 2007. The Company believes
that this high level of viewer engagement will result in material ad impressions
and clearly indicates that users are responding to the new free content and
social network offerings.


As previously announced, the Company launched instant chat in May 2007 and is
pleased to report that already there are in excess of 20,000 messages hosted per
day alongside its live TV streams.


"We continue to add fresh content," commented JumpTV president and chief
operating officer, Kaleil Isaza Tuzman, "while pursuing premium sports content
and movie libraries."


He continued, "As previously communicated to shareholders, we have been reducing
operating costs, and the free-to-consumer, distribution-oriented model in the
U.S. has allowed us to cut costs in areas like online marketing."


The Company knows of no material information that would lead investors to make
negative conclusions. The Company reiterates that it continues to pursue an
acquisition-augmented growth strategy and is currently evaluating several
potential acquisition opportunities in this context.


About JumpTV


Live Television From Around the World -- online, anytime, anywhere.


JumpTV (AIM: JTV) (TSX: JTV) is the world's leading distributor of live Internet
television. With over 290 TV channels from 75+ countries, JumpTV delivers
full-screen news, sports 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 Statements


This news release contains forward-looking statements that involve significant
risk, uncertainties and assumptions. Many factors could cause actual results,
performance or achievements to differ materially from the results discussed or
implied in the forward-looking statements. These factors should be considered
carefully and readers should not place undue reliance on the forward looking
statements. These forward-looking statements are made as of the date of this
news release, and the Company assumes no obligation to update or revise them to
reflect new events or circumstances. Many factors could cause the actual
results, performance or achievements of the Company to be materially different
from any future results, performance and achievements that may be expressed or
implied by such forward-looking statements, including: general economic and
market segment conditions, competitor activity, product capability and
acceptance, international risk and currency exchange rates and technology
changes. More detailed assessment of the risks that could cause actual results
to materially differ from current expectations is contained in the "Risk
Assessment" section included in the Company's MD&A in respect of the year ended
December 31, 2006 posted on www.sedar.com.





JUMPTV PR / IR Contact:
Lewis Goldberg
KCSA Worldwide
[phone]
[e-mail]

NOMAD:
Canaccord Adams
Chris Bowman
T: [phone]
[e-mail]


SOURCE:  JumpTV Inc.



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

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