CHATSWORTH, Calif., Dec. 1, 2008 (GLOBE NEWSWIRE) -- Broadcaster, Inc. (OTCBB:BCAS) today announced that Eyecandy Media, a wholly owned subsidiary of Broadcaster, today launched its conference call application exclusively developed for China Mobile in Guang Dong province. The application was developed, designed and managed by Zun Hong, a majority owned subsidiary of Shanghai Eyecandy Communication Technology Ltd China Mobile Guangdong has selected the conference call application to be one of the main telecommunication products that it will market and promote. The application allows subscribers to initiate the conference call at any time or place via cell phone, mobile short message, fixed line telephone and internet to designated mobile phone and fixed line telephone users. "Eyecandy and Zun Hong are very pleased to offer an easy to use and fully automated conference calling capability to the seventy million subscribers of Guangdong Mobile," said Yun-Tian Stone, President of Eyecandy. Broadcaster has made substantial investments in China with the recent acquisition of Eyecandy. "In the future, we expect to expand the conference call service to other provinces and introduce new services and content for the mobile phone in China," said Martin Wade, CEO of Broadcaster.
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 that reflect Broadcaster, Inc.'s current expectations about its future results, performance, prospects and opportunities, including statements regarding expansion of the services that we provide. Where possible, Broadcaster, Inc. has tried to identify these forward-looking statements by using words such as "anticipates," "believes," "intends," or similar expressions. These statements are subject to a number of risks, uncertainties and other factors that could cause actual events or results in future periods to differ materially from what is expressed in, or implied by, these statements including the risk that the conference call application may not receive favorable feedback or market acceptance. and risks set forth in Broadcaster, Inc.'s Form 10-KSB for the fiscal year ended June 30, 2008 and other filings with the United States Securities and Exchange Commission. All forward-looking statements made in this press release are made as of the date hereof, and Broadcaster, Inc. assumes no obligation to update the forward-looking statements included in this news release whether as a result of new information, future events, or otherwise, other than as required by law.