RedChip Announces Onstream Media CEO Television Interview Available Online

Highlights Company's Tools for Live and On-Demand Internet Video, Corporate Web Communications and Content Management Applications


ORLANDO, Fla., Nov. 13, 2007 (PRIME NEWSWIRE) -- RedChip Companies Inc. today announced that Randy Selman, CEO of Onstream Media Corporation (Nasdaq:ONSM), a leading online application service provider of live and on-demand, rich media communications via the Onstream Digital Media Services Platform (DMSP), was interviewed on RedChip TV, a business-oriented television interview program. The interview highlighted the company's development of its cost-effective tools for encoding, managing, indexing and publishing content on the Internet. The full interview is available at:

http://tinyurl.com/2pzfl8

If you have trouble connecting via the link, cut and paste the entire address into your browser address window.

The interview was conducted Nov. 3, 2007, in conjunction with the company's presentation at RedChip's Small-Cap Investor Conference in Orlando, Fla. Onstream Media's entire presentation to the analysts and brokers and individual investors at the conference -- including PowerPoint slides -- can be viewed by clicking on the following link:

http://tinyurl.com/38mw6z

If you have trouble connecting via the link, cut and paste the entire address into your browser address window.

About Onstream Media:

Onstream Media Corporation (Nasdaq:ONSM) is a leading online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content on the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, 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. Onstream Media also provides live and on-demand webcasting, webinars, web and audio conferencing services. Almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.

Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, Dell, Deutsche Bank, Disney, National Press Club, NHL, MGM, PR Newswire, Rodale, Inc., Televisa, WireOne, Shareholder.com (Nasdaq), and the U.S. Government. Onstream Media's strategic relationships include Akamai, Adobe, eBay, FiveAcross/Cisco and Qwest. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.

About RedChip Companies, Inc.

RedChip Companies is an international small-cap research and financial public relations firm with offices in Beijing and Orlando and affiliates in New York and San Diego. RedChip delivers measurable results for its clients through its extensive international market expertise as well as its comprehensive platform of products: RedChip Research, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences held throughout the United States, and RedChip Radio. To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/services.asp.

The RedChip Companies Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761

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DISCLOSURE

In the purview of Section 17(b) of the Securities Act of 1933 and in the interest of full disclosure, we call the reader's attention to the fact that RedChip Companies, Inc. is an investor relations firm hired by the Company. Onstream Media Corporation is a client of the RedChip Companies, Inc. and has contracted the RedChip Companies to increase investor awareness of ONSM to the small-cap equity community. These services may include investor conferences and digital and print distribution of ONSM investor related materials. Onstream Media Corporation is a client of the RedChip Companies, Inc. and of RedChip Visibility, a division of RedChip Companies. ONSM paid RedChip Visibility $36,000 for the RedChip Visibility Research Program.



            

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