Internet TV Company Instant Media Makes PC World's "Most Popular Downloads" List

Company Posts ~650% Subscriber Growth Since Launch

PALO ALTO, CA -- (MARKET WIRE) -- 05/31/06 -- Instant Media (I'M), a privately held technology company pioneering Internet TV, today announced it has made PC World's "Most Popular Downloads" list for the week of May 22, 2006. For more, visit http://feeds.pcworld.com/pcworld/downloads/weekly.

I'M launched its free internet TV software on May 9, 2006. The company's patent-pending caching technology essentially turns laptops and PCs into DVRs, and delivers Internet HD (iHD) shows over broadband. Since launch, I'M's user base has grown from 15,000 to nearly 100,000. Additionally, more than 70,000 people have subscribed to "BuyTV," the first iHD show distributed on I'M, further reinforcing the company's confidence that the time for high definition TV over the Internet is here.

"With the increasing rise in broadband use, consumers want to use their PCs and laptops for viewing high-quality TV shows," said Andy Leak, CEO of I'M. "Our subscriber growth over the past two weeks validates our discussions with industry analysts and the media. Consumers want this, and I'M is uniquely positioned to deliver on the promise of HDTV over the Internet."

Forrester estimates by 2010, 37% of all U.S. households will use a DVR to gain control over television. During this same time, Broadband Internet access will double with more than 71 million U.S. households accessing Internet content via Broadband Internet connections. The market opportunity for Broadband Internet TV is significant considering that today, less than 2% of all Broadband subscribers currently use their Broadband connections to record or download TV programs.

How To Start Watching Internet TV

Viewing Internet TV is easy. Consumers can download the I'M player for free at www.im.com. Once the player is installed, consumers can browse an integrated directory of channels, including videocasts and audiocasts. Viewers can subscribe to their favorite channels. Viewers can perform work on their PC while shows download in the background. New shows appear automatically, and are ready to watch instantly. Instant Media also provides an automated disk management capability.

About Instant Media

Instant Media (I'M) is a technology company whose patent-pending software delivers HD quality, full screen video over Broadband Internet connections. The company's caching technology manages delivery of high definition media files and provides an automated disk management capability. I'M currently boasts an installed base of nearly 100,000 users, with more than 350 channels of content from top media companies such as CBS, NBC, ABC, MTV, PBS, BBC, and VH1, and top-tier advertisers including Chrysler, FedEx, and GE. I'M strives to create the best video platform for consumers, advertisers and content providers. For more information, visit www.im.com.