Interactive Television Networks, Inc. Announces the Launch of Indie Film Theater, the First IPTV Network Devoted to Independent and Student Filmmakers

Interactive Television Networks, Inc. Announces the Launch of Indie Film Theater, the First IPTV Network Devoted to Independent and Student Filmmakers

Initial Content Will Include Award-Winning Library From World Cinema Online

LAGUNA NIGUEL, Calif., Nov. 1 /PRNewswire-FirstCall/ -- Interactive Television Networks, Inc. (BULLETIN BOARD: ITTV) (ITVN), a leader in Internet Protocol Television (IPTV), today announced the creation of an independent film network by early December 2005. The Indie Film Theater will offer its entire catalog of titles to subscribers on a pay-per-view basis. Unlike the current generation of download services, ITVN's Indie Film Theater, as is the case with all of ITVN's networks, delivers instant real-time streaming of content to the home television without the need for a PC.

"ITVN's Indie Film Theater delivers award-winning independent and student films to our customers," said Charles Prast, CEO of ITVN. "We are committed to offering the best in entertainment and are proud to now offer hundreds of excellent films that fall outside of the studio system and cannot be found on other networks."

Initial content will include the award winning library from World Cinema Online, Ltd., which offers a selection of the finest independent, foreign language, cult and classic films from around the world.

ITVN's Indie Film Theater is a Pay-Per-View service that will allow users to view difficult to find, award-winning films at attractive prices. Most films will cost $2.95 for 72 hours of unlimited viewing.

"At World Cinema Online we're passionate about bringing independent and international films to larger audiences," said Marcus Cherry, co-CEO of World Cinema Online. "ITVN is at the forefront of the on-demand entertainment revolution and we are delighted to combine our films with their technology. This partnership is an integral part of our strategy to use broadband technologies to bring award-winning independent films to the worldwide audiences they deserve."

What is IPTV?

IPTV stands for Internet Protocol TV, which is broadcast-quality television delivered over standard home broadband Internet. While offering the same quality as satellite or cable, IPTV has many advantages, such as virtually limitless programming and on-demand content because only channels selected by consumers are delivered over home broadband networks. All content-including HDTV-can be distributed on a subscription or pay-per-view basis with content promotion integrated into the user experience. Best of all, IPTV offers true interactivity for the customer, allowing two-way communication with services comparable to the Web, creating a better environment for users, programmers and advertisers.

About World Cinema Online

World Cinema Online (WCO) is Europe's first end-to-end broadband distribution and exhibition service dedicated exclusively to independent and classic film. WCO's revolutionary distribution network enables filmmakers, distributors and sales agents with quality independent and classic movies to generate entirely new revenue streams from previously inaccessible consumer markets. Using solely the Internet Rights, WCO provides both an end-to-end Video Download service delivering copy-protected feature length movies directly to customers PC's via www.worldcinemaonline.com, and sublicenses its exclusive content library to a growing number of leading IPTV and VOD partner networks around the world. For more information, visit www.worldcinemaonline.com

About ITVN

Interactive Television Networks Inc. is a vertically integrated provider of interactive content networks delivered to the television over home broadband. ITVN owns or controls all aspects of its business from content licenses, management, billing, and streaming software to the set-top-box installed in the consumer's home. Determined to remain the leader in IPTV, ITVN has invested heavily into making this a global product for people around the world. With its versatility and portability, ITVN will remain the customers' choice for IPTV entertainment. For more information visit www.itvn.com.

This press release contains forward-looking statements that involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, including risks or uncertainties related to the release of ITVN's network and products, the market acceptance of its products and services, competition from companies that provide, or have announced an intention to provide IPTV, the need for subsequent substantial additional financing, and the company's ability to successfully market ITVN's products and services. Additional uncertainties and risks are described in Radium's most recently filed SEC documents, such as its most recent current reports on Form 8-K. All forward-looking statements are based upon information available to Radium on the date the statements are first published. Radium undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Source: Interactive Television Networks, Inc.

CONTACT: Amy Orebaugh of Terpin Communications Group,
+1-310-821-6100, ext. 107, amy@terpin.com, for Interactive Television
Networks, Inc.

Web site: http://www.worldcinemaonline.com/

Web site: http://www.itvn.com/

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