Tubearoo Announces Mobile Video Approval for Some Major Cellular Carriers

Tubearoo, Inc. (Pink Sheets: TUBR), with its mission to become one of the world’s largest Internet video networks for users to view, upload, and share Internet video, today announced that its Mobile Video service has received approval for use with some major cellular carriers.

Tubearoo is working to make its Mobile Video service available to customers of several major cellular carriers, which will allow subscribers to receive Tubearoo.com video clips to cell phones and other cellular devices via text messaging service.

The company has been testing the Mobile Video service on an internal basis as it awaited these further cellular company approvals, and is now working towards a beta launch for customers of the currently approved cellular companies.

“We are happy to have been informed of a tick of approval for use with some of the major cellular companies, and we are working to launch a limited beta test version as we wait to see if we obtain approval for two final cellular carriers,” said Paul Medvedev, Tubearoo’s President and CEO.

“Mobile video is a growing market with tremendous potential over the next several years. eMarketer recently projected that worldwide mobile video revenues will reach $5 billion in 2011, and with this service we will be pursuing a market of immense proportions,” said Medvedev.

For more information, or to join an interest list to be notified at the time of official launch, please visit www.Tubearoo.com/mobile.

Currently planned to have a subscription fee of $9.99 per month, Tubearoo will send subscribers a daily popular video from Tubearoo.com. No upfront payment processing is required, as the monthly fee will be billed through the subscriber’s cellular carrier.

The company is launching this service through a third-party provider, enabling Tubearoo to provide this service without any direct relationship with the underlying cellular carriers. This arrangement allows Tubearoo to leverage the third-party provider’s preexisting relationships, technology, and experience, in order to deliver a robust service with more efficiency.

The company noted that time of availability, subscription benefits, compatibility with cellular carriers, and pricing and payment structure are subject to change. Commenting on an estimated launch date of the service, Medvedev stated, “Because we are working through third-parties and awaiting further approvals from very large cellular companies, we are uncertain as to when we will be clear for a finalized launch date. We anticipate that the service will be available to the public sometime over the next several weeks, so please join our interest list and find other updates available at www.Tubearoo.com/mobile.”

The company noted that there is no assurance that it will be able to obtain approval for use of its Mobile Video Service by the final two cellular companies for which it is awaiting approval. The company also noted that approval for use for cellular carriers does not necessarily indicate an “endorsement” or “sponsorship” of the service by such cellular company.

Due to strict trademark use and reference guidelines that vary from company to company, Tubearoo has elected not to disclose the names of the approved cellular carriers at this time.

For more information please visit www.Tubearoo.com or www.Tubearoo.com/mobile.

About Tubearoo, Inc.

Tubearoo, Inc. (Pink Sheets: TUBR), with its mission to become one of the world’s largest Internet video networks, empowers its users to view, upload, and share streaming Internet video and other entertainment media online.

Tubearoo is building a network of Internet video, social networking, and people-powered web sites, which currently consists of Tubearoo.com, Shoutwire.com, and Tubearoo.cn.

The technology, media, and finance worlds are realizing the growth and power of Internet video, and Tubearoo, Inc. is driving to become a leader in the marketplace.

Other Corporate and Financial Information is available in the company’s Information Disclosure Statement available at http://www.tubearoo.com/investors.

Statements in this news release may include forward-looking statements that are subject to risks and uncertainties and such statements are not assurances. Words such as “possibly,”"expects,”"intends,”"plans,”"may,”"could,”"anticipates,”"likely,”"believes,” and words of similar use may identify forward-looking statements. Actual results may differ materially from those anticipated by the company and discussed in this news release. This company, its operational performance, its financial performance, and its financial condition are subject to a number of risks, uncertainties, and other factors that may affect business and financial results.

Website: http://www.tubearoo.com