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Onstream Media Signs MarketPlace365® Services Agreement with The Council of Real Estate Brokerage Managers (CRB)

POMPANO BEACH, FL – SEPTEMBER 14, 2011 - Onstream Media Corporation ( OTC: ONSM), a leading online service provider of live and on-demand corporate audio and web communications, virtual event technology, and social media marketing, today announced that The Council of Real Estate Brokerage Managers (CRB), a premier industry association with over 6,000 brokers, owners, and managers in the real estate business, has signed a MarketPlace365® services agreement to develop a virtual tradeshow and interactive social community for the real estate industry. The marketplace will emphasize brokerage specific education content and networking that extends CRB's current designation track, and is planned to debut prior to CRB's annual meetings which are taking place on November 9-11, 2011 in Anaheim, California.

CRB's MarketPlace365 will feature an extensive media library including educational materials on such topics as Business Strategy, Performance Leadership, Marketing Management, and Technology Management. Members will be able to view webinars and webcasts, interact in exclusive chat rooms, participate in industry leader blogs, and access community forums. The marketplace will enable the Council's comprehensive catalog of past and current educational seminars to be seen by thousands of members on their own time, at their own pace, as well as communicate and share best practices with fellow professionals.

The Council of Real Estate Brokerage Managers (CRB), also known as the CRB Council, counts over 6,000 real estate brokers and managers. CRB has been in business since 1968 and is a not-for-profit affiliate of the National Association of REALTORS®. It is widely viewed as the premier industry association for team leaders, brokers, owners, and managers in the real estate business. The CRB Council has determined that only the top 3% of real estate brokers qualify for membership. The CRB Council also publishes Real Estate Business Magazine, an online bi-monthly publication.

"Our primary objective is to provide REALTORS® with the knowledge, information, tools and resources to maximize the success and profitability of their business. We view this as a natural progression in our endeavors to stay cutting edge and remain highly accessible," says Jonathan Nicholas, CIO of The CRB Council. "Working with MarketPlace365's unique suite of services is a perfect match that will benefit both us and our members by extending our communications, education, and professional networking."

"We are pleased to offer the CRB Council the ability to continuously provide value-added services to their existing membership, and we anticipate new members being attracted to such a great organization in a whole new way," says Randy Selman, President and CEO of Onstream Media Corporation. "This is clearly a good fit for both of our companies, both from a marketing standpoint and from the perspective of introducing our advanced technologies to such an important audience. MarketPlace365 will enable the CRB Council to explore and develop new products and services, enhance access, timeliness and cost-effectiveness of communications, and provide continuing education to its members."

MarketPlace365 is a comprehensive, online lead-generation and communications virtual conference and trade show platform that enables publishers, associations and tradeshow organizers to quickly, easily and affordably self-deploy and manage their own online multimedia "marketplace," while creating a compelling social-media experience for the attendee. MarketPlace365 brings communities with common interests together online for commerce and information exchange. MarketPlace365 features include: social networking, search engine optimization, advanced analytics, videos, webinars, presentations and a full suite of marketing and communications tools. For more information, visit www.MarketPlace365.com

About The Council of Real Estate Brokerage Managers (CRB):

The Council of Real Estate Brokerage Managers is a not-for-profit affiliate of the National Association of REALTORS®, and the premier industry organization for brokers, owners, team leaders, and managers. For more than 40 years, the Council has helped real estate professionals adapt to the complex challenges of delivering quality service, streamlining operations, integrating new technology and innovating business strategies. The CRB Designation is one of the oldest and most respected in the industry. For more information, visit them at www.crb.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 MarketPlace365® 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 http://www.onstreammedia.com or call 954-917-6655.

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