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JumpTV to Acquire Sports International Group in Stock Transaction

JumpTV Inc., a broadcaster of ethnic television over the Internet, announced that through its wholly-owned subsidiary JumpTV International it has entered into a definitive agreement to acquire all outstanding capital stock of privately-held Sports International Group LLC ("SIG"), the owner and operator of www.SportsYa.com, a sports content website targeting the Hispanic market residing in the United States and Latin America which generated nearly 200,000 unique visitors and 5 million page views in November.

The acquisition will be funded through the issuance of JumpTV common shares at closing (expected to be January 3, 2007), and JumpTV will enter into a long-term professional services agreement with SIG president and chief executive officer Daniel Canel.

JumpTV will maintain the www.SportsYa.com website and use the well-known SportsYa brand as a marketing vehicle to drive traffic and subscribers to JumpTV’s Latin American television properties, while the Hispanic-oriented sections of www.JumpTV.com will drive traffic to Internet-broadcast Latin American sports matches to be offered through SportsYa on a pay-per-view, video on demand and subscription video on demand (SVOD) basis. JumpTV anticipates keeping in place the newly-formed marketing alliance between SportsYa and leading Hispanic portal www.Batanga.com.

 [December 15, 2006]


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