Onstream Media Corporation

ProActive Capital Forum Powered By Onstream Media's MarketPlace365T Goes Live

POMPANO BEACH, FL, November 23, 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 the launch of the ProActive Capital Forum (www.marketplace365.com/proactivecapitalforum) which is believed to be the first 24/7 virtual investor relations conference for emerging Life Science and Technology companies, powered by MarketPlace365T.

The ProActive Capital Forum is divided into seven online categories similar to what an investor would experience in a live conference. The sections are divided along the "ProActive Indexes" that include biotech and healthcare companies focused in the following areas:

. Stem Cell Research and Development
. Generic Drugs
. Immune Therapy/Vaccines
. Diabetes
. Health IT/Med -Tech
. Health Benefit Providers
. Emerging Cancer Treatment

ProActive Capital Forum creates a direct, online exchange between companies and the financial community. Leveraging MarketPlace365, the ProActive Capital Forum enables companies to present investors with comprehensive corporate information. Specifically, each client exhibition booth will include a detailed corporate profile, robust market intelligence, product and/or service information, research reports, SEC filings, breaking news, stock video and social media tools that investors can utilize to make sound investment decisions.

"ProActive Capital was looking for a solution that could provide its exhibiting clients transparency, visibility and market awareness in a full featured, online environment that is both user friendly and interactive," said Randy Selman, President & CEO, Onstream Media. "MarketPlace365 will enable ProActive Capital Forum's participants to facilitate the exchange of real time data and establish important new business relationships."

Exhibitors' booths will be displayed in sections according to the specific ProActive index they fall under. Not only will the exhibiting company receive interested investor contact information every time their booth is visited, but they will also receive ongoing visit/hit traffic data on the corporate homepage. All of this will be done in a vibrant digital environment that elevates the investors' due diligence experience to new levels. The conference is free for investors with a monthly fee for exhibitors.

Jeff Ramson, CEO of ProActive, stated, "Historically a 'forum' was the marketplace or public square of an ancient Roman city. It was the center of business affairs and a place of assembly for people. Today, with our partners at Onstream Media, we present the modern forum for capital markets at ProActive Capital Forum, which we believe will be a leader in presenting accurate, complete, and transparent information to the investment community in an interactive manner. As the markets evolve in the digital media era, investors will now demand companies to 'show their face.' The ProActive Capital Forum is the new face of investor relations."

About ProActive

ProActive Capital's mission is to provide clients with the tools for achieving fair valuation and liquidity in the capital markets. They strategically leverage digital communication tools, "inbound marketing" techniques and online networks to deliver a "path to liquidity" based on a philosophy of: Compelling Content + Targeted Distribution + Repeated Exposure = Results. For more information, visit us at http://www.ProActiveCapitalForum.com.

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 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, 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, Qwest and Trade Show News Network (TSNN). For more information, visit Onstream Media at www.onstreammedia.com or call 954-917-6655.

ONSM Media Relations:
Chris Faust