Untitled Document

Onstream Media to Provide Monthly Webinar Services for the Marketing Executive Networking Group

Nov 21, 2006

POMPANO BEACH, Fla., Nov. 21 /PRNewswire-FirstCall/ -- Onstream Media Corporation ( OTC: ONSM), a leading online service provider of live and on-demand, digital media communications and applications, today announced the Marketing Executive Networking Group (MENG), a national network of over 1,500 top-level marketing professionals, has selected Onstream's webinar solution as the platform for one of MENG's new monthly webinar series, beginning in 2007.

Under the agreement, Onstream Media will provide a custom-branded solution which includes audio and video streaming, online registration, webinar reminders, event slides, interactive polls and dynamic Q&A features. Onstream will also provide speaker rehearsal and training as well as on-demand replay of each webinar. MENG's monthly webinar series -- open to members only -- will include a range of marketing topics from leadership, research, strategy and planning to the latest in marketing dashboards, campaigns, branding and measurement.

"After evaluating several webinar solutions, Onstream Media was the clear choice for us for this program due to their advanced technology, knowledge, experience, pricing and customer service," said Lisa Petrilli, project director, MENG. "MENG is all about information sharing, collaboration and networking; Onstream's webinar solution helps advance our mission. Needless to say, we're excited to launch the new monthly webinar program with Onstream's help as a value-added service to our members."

"MENG is a well respected, national network of top marketing professionals. Onstream's webinar platform will enable the organization to advance its mission and enhance the value of its membership for existing and new members," said Randy Selman, president and CEO, Onstream Media. "It's also a great way to extend Onstream's brand awareness and showcase our technology to an influential group of individuals who help decide which webinar solution is used for their own company's webinar efforts."

About Marketing Executive Networking Group: The Marketing Executive Networking Group (MENG) is a national network of over 1,500 top-level marketing professionals. The organization is devoted to enhancing its members' professional skills, relationships, and knowledge. MENG is a not-for-profit membership organization governed by a 15-person Board of Directors. The organization has numerous local Chapters, Special Interest Groups, and ad hoc working Committees through which we accomplish our goals. For more information on MENG, visit http://www.mengonline.com.

About Onstream Media: Founded in 1993, Onstream Media Corporation ( OTC: ONSM) is a leading online service provider of live and on-demand, digital media communications and applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides its customers with the necessary tools for webcasting, web conferencing and webinars as well as managing digital assets, publishing content on the Internet in various files and formats and establishing e-commerce storefronts to transact business online.

All of Onstream Media's services are focused on increasing productivity and revenues, and reducing capital expenditures and operational costs for any organization in an affordable and highly secure environment. As a result, 78% of the Fortune 100 CEOs and CFOs and almost half of the Fortune 1000 companies have used Onstream Media's services. Select Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Disney, MGM, Deutsche Bank, Thomson Financial/CCBN, PR Newswire and the U.S. Government. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.

Onstream Media Relations:
Chris Faust
FastLane Communications

Onstream Investor Relations:
Gary Geraci
Equity Performance Group

Forward Looking Statements: Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to, fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.