Untitled Document

Onstream Media Launches National TV Ad Campaign, Reinforcing Its Leadership in Virtual Event Industry

Commercial will appear on major networks such as CNBC, Bloomberg, Fox Business News and Golf Channel

POMPANO BEACH, FL – August 16, 2012 - 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 it will be launching a national TV advertising campaign in August, focusing on Onstream's leadership in the rapidly growing virtual event industry.

A thirty-second, professionally produced commercial, targeted primarily at business executives, will appear on major networks such as CNBC, Bloomberg, Fox Business News and Golf Channel during August and September and is expected to reach an accumulated total of more than 100 million subscribers. The purpose of the ad campaign is to build brand awareness of Onstream Media as "The Virtual Event Company", raise awareness in the financial and business community and to open new markets for its salespeople. The commercial will also be referenced in Onstream's sales materials and other marketing communications, and will be available on its website. To see the commercial click the following link: http://origin-qps.onstreammedia.com/origin/onsm/OnstreamMediaCommercial/ONSM_finalHD.html.

"Webcasts, web conferences and webinars are all part of the virtual events industry, which is now a multi-billion dollar business thanks in part to the explosion in mobile and social media," said Randy Selman, President & CEO of Onstream Media. "This television campaign reinforces our commitment to growing market share by helping companies use virtual events to bring people together, generate leads, grow revenue and extend brand awareness."

Companies are using virtual events to tap new revenue streams while minimizing expenses - for product launches, press conferences, meetings, virtual marketplaces and more. Onstream Media offers the ability to easily create and deliver an event, with rich media such as streaming video, audio, graphics, HTML and presentation documents, for audiences of any size globally.

Event organizers and their audiences can access Onstream tools directly from their browsers, from any device, including PCs, Macs, tablets and smartphones - saving on travel expenses and reducing their environmental impacts.

Akamai, the leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, is also participating with Onstream Media in the commercial.

About Onstream Media:

Onstream Media Corporation (OTC: ONSM), is a leading online service provider of live and on-demand corporate audio and web communications, virtual event technology, and social media marketing. 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, tradeshow promoters and entrepreneurs to rapidly and cost effectively self deploy their own 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, BT Conferencing, and Trade Show News Network (TSNN). For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.

Cautionary Note Regarding 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.

Media Relations
Chris Faust
Fastlane Communications

Investor Relations
Donald C. Weinberger; Adam Lowensteiner
Wolfe Axelrod Weinberger Associates, LLC
212-370-4500; 212-370-4505