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Onstream Media to Present at the ValueRich Small-Cap Financial Expo

POMPANO BEACH, Fla. Sep 7, 2005

Onstream Media Corporation ONSM, a leading online service provider of live and on- demand, rich media communications, today announced that it is scheduled to present at the ValueRich Small-Cap Financial Expo, to be held September 14-15, 2005 in New York, New York at the Jacob K. Javits Convention Center. Randy Selman, CEO of Onstream Media, will present on behalf of the Company.

Mr. Selman will present on Wednesday, September 14, 2005 at 3:00 pm Eastern Time and will be available for meetings both days in Booth #167. A live audio broadcast of the presentation will be available at http://www.visualwebcaster.com/ValueRichExpoNYC2005 . An online replay of the presentation will be available shortly following completion of the broadcast at the above link.

Hosted by ValueRich Inc., publishers of ValueRich Magazine, the Expo features 100 small-cap companies with two full days of presentations and business development opportunities by providing interactive panel discussions, seminars and speakers. The Expo's wide variety of topics are targeted at bringing together executives of small-cap companies with investment professionals, including research analysts, fund managers, money managers, institutional investors, investment bankers and brokers, as well as venture capitalists and the financial media. For registration details, visit http://www.valuerichonline.com/ny05/index.php .

Onstream Media will also be providing live and on-demand video webcast services for the event, including live webcasts of all formal company presentations and for certain featured speakers at the Expo. Onstream Media's digital asset management capabilities will allow for each of these presentations to be individually archived and available after the event for 90 days after the event, providing investors and potential investors with an additional opportunity to hear and view the presentation. The live and archived presentations can be found online at http://www.visualwebcaster.com/ValueRichExpoNYC2005/.

About Onstream Media Corporation

Founded in 1993, Onstream Media Corp. ONSM is a leading online service provider of live and on-demand, rich media communications via the Onstream Digital Media Services Platform. Specializing in audio and video corporate communications, Onstream Media's pioneering ASP digital media services technology provides the necessary tools for webcasting, web conferencing, digital asset management and content publishing services focused on increasing productivity and revenues for any organization in an affordable and highly secure environment. 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's webcasting services for investor relations announcements.

Onstream Media customers include: AOL, NFL, AAA, Disney, MGM, Deutsche Bank, Thomson Financial/CCBN and PR Newswire.

For more information, visit the Onstream website at http://www.onstreammedia.com or call 954-917-6655.

For more information, contact:
Barry A. Rothman
Onstream Media Corporation
954-917-6655
brothman@onstreammedia.com

Gary Geraci
Equity Performance Group
617-723-2373
gary@equityperfgp.com