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Wi-Fi TV Retires Bristol Convertible Debt Prior to Wi-FiChina.com Launch

$100,000 Payment Made on October 29, 2007 as Wi-Fi TV Also Prepares for U.S. Launch of New Web Site

Following up on its previously announced plans to reduce the convertible debt financing that pertains to Bristol related funds, Wi-Fi TV Inc. (PINKSHEETS: WTVN) paid $100,000 toward the retirement of this debt on October 29, 2007 and will fully retire the Bristol related debt within thirty days. Bristol related convertible debt has made up an increasingly smaller amount of Wi-Fi TV's total debt over the past year. In addition, Wi-Fi TV announced that it is on track to achieve the following prior to the end of 2007:

1) The U.S. launch of its completely redesigned Wi-Fi TV web site.

2) The launch of Wi-FiChina.com, which follows recent visits to China by Wi-Fi TV including participation in the BIRTV 2007 Show and iHollywoodChina 2007 forum.

3) The launch of a completely new Wi-FiTVPhone(TM) virtual dialer, powered by AdCalls®, which will now become a revenue source based on minimum $10 prepaid local, long distance and global calling plans.

About Wi-Fi TV

Wi-Fi TV(TM) is a pioneer of TV on the Internet. Wi-Fi TV Inc. has long touted the coming convergence of TV and the Internet, and provided the first online movie in December 1995. The Wi-Fi TV website (www.Wi-FiTV.com) is the only place on the Internet where you can watch hundreds of TV stations and chat with others watching the same program in a live chat box directly under the viewing screen, and get breaking news for each country and category listed, and download a dialer and make free phone calls and host live video parties all on one website.

Wi-Fi TV Inc. provides Social Internet TV(TM), a new generation TV delivery platform that has a geographic sphere out-distancing any traditional cable or over-the-air TV broadcaster. Wi-Fi TV memberships are free at www.Wi-FiTV.com and include such perks as free online phone calls and free chat and free online parties.

For press relations for Wi-Fi TV call 949-716-9397. Wi-Fi TV Inc., 3434 Via Lido #300, Newport Beach, CA 92663, info@wi-fitv.com

The Company was launched in 1995 and has been publicly traded since November 1997, and has been a pioneer in the delivery of video and books over the Internet.

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. Wi-Fi TV and Social Internet TV are trademarks of Wi-Fi TV Inc. and all rights pertaining to these names are reserved. This press release shall not be deemed a general solicitation.


Tags: ,Computers and Software:Internet, MediaandEntertainment:Television, Retail:ConsumerElectronics, Telecom:CableandSatelliteServices, ,INTHPINK,INTHPINK,CA,NEWPORT BEACH, CA

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