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Tubearoo Launches Mobile Video Beta For Cell Phones

Posted on: Monday, 25 June 2007, 09:05 CDT

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 it is beginning the official beta test launch of its Mobile Video Service.

Tubearoo's Mobile Video Service will allow subscribers to receive Tubearoo.com video clips to cell phones and other cellular devices via text messaging service. While the service has been operating on an internal basis for some time, this official beta launch will score the first use of the service by members of the public.

"This is a great day for Tubearoo as we begin the official beta launch of our Mobile Video Service. The mobile video market is a tremendous market that is expected to grow rapidly over the next several years, with eMarketer predicting that mobile video revenues could reach $5 billion around the world in 2011," said Paul Medvedev, Tubearoo's President and CEO.

"Tubearoo endeavors to continually improve our product offering and bring unique and innovative services to our users. With our Mobile Video Service we will be pursuing a market of immense proportions," said Medvedev.

For the beta test, up to 20 participants will be selected to subscribe to Tubearoo's Mobile Video Service. For more details, and to sign up to be considered to participate in the Mobile Video beta test, please visit www.tubearoo.com/mobilebeta.

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 service has received approval for use with some major cellular carriers, and the company is currently waiting to see if it obtains approval of the service for two final cellular carriers. In the interim, the company is launching this beta test for use with the currently approved cellular carriers.

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.

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 how long we will run the beta test and when we will be clear for a finalized launch date to the general public. 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/mobilebeta."

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/mobilebeta.

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

Source: Business Wire

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