Onstream Media Corporation

Onstream Media Corporation to Present at Noble Financial Ontrack 2010 Equity Conference

POMPANO BEACH, FL, May 27, 2010 - Onstream Media Corporation ( OTC: ONSM), a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology, today announced that the Company will be presenting at the Noble Financial Capital Markets ONTRACK 2010 Equity Conference, being held on June 7th -8th 2010 at the Hard Rock Hotel in Hollywood, FL.

Randy Selman, CEO of Onstream Media, will present on behalf of the Company on Tuesday June 8th at 1:00 PM EDT and will be available for investor meetings. To schedule a meeting, please contact Joanne at 954-917-6655.

Hosted by Noble Financial Group, the conference will feature 140 presenting companies that were selected after thorough analysis of close to 1,000 public companies, and will offer investors diversity in terms of market capitalization and industry representation coming from a mix of growth and value names. More information about the conference can be found at http://www.nobleresearch.com/ontrack/10.htm.

About Onstream Media:

Onstream Media Corporation ( OTC: ONSM) is a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology. Onstream Media's innovative Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The DMSP provides intelligent delivery and syndication of video advertising, streaming video, mobile streaming and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user- generated content in combination with social networks and online video classifieds, utilizing Onstream Media's patent-pending Auction VideoT technology. The company's MarketPlace365T solution enables publishers, associations, trade show promoters and entrepreneurs to rapidly and cost effectively self-deploy their own profitable, online virtual marketplaces. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. To date, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services. Select Onstream Media customers include: AAA, Bonnier Corporation, Dell, Disney, Georgetown University, National Press Club, PR Newswire, Shareholder.com (NASDAQ), Sony Pictures and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, BT Conferencing, eBay and Qwest.

For more information, visit Onstream Media at www.onstreammedia.com or call 954-917-6655. .

About Noble Financial Group:

The Noble Financial Group (www.noblefinancialgroup.com) is a research driven, full-service investment banking boutique focused on small-cap emerging growth companies. A mission intent on uncovering the value embedded in the orphaned, undiscovered or misunderstood emerging growth company. Innovation with integrity has been the guiding principal of Noble Financial for more than 25 years.


Chris Faust
FastLane Communications

Investor Relations:
Brett Maas
Hayden IR