Interactive Television Networks, Inc., (ITVN) Announces Major International Distribution Agreement

Interactive Television Networks, Inc., (ITVN) Announces Major International Distribution Agreement

Agreement Includes Significant Capital Contribution to ITVN's European Launch Scheduled for December 2005

LAGUNA NIGUEL, Calif., Nov. 21 /PRNewswire-FirstCall/ -- Interactive Television Networks, Inc. (ITVN) (BULLETIN BOARD: ITTV) , a leader in Internet Protocol Television (IPTV), has entered into a long-term distribution deal with a group of unnamed European investors for the wholesale distribution of XTV Networks to 3rd party IPTV providers outside of the US and Canada.

Details of this broad agreement include retail distribution of ITVN's set-top-boxes in Eastern Europe. In addition, a significant capital contribution is being made to fund ITVN's European launch, which is scheduled for December 2005.

"While our core business is the sale of programming over our proprietary set-top-box, ITVN also believes that significant opportunities exist in the distribution of its networks, including XTV Networks, to 3rd party IPTV providers," said Charles Prast, CEO of ITVN. "Among ITVN's assets are our IPTV programming capability and Internet Protocol rights to a variety of popular content, which we intend to leverage to non-affiliated providers both in the US and internationally."

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 including virtually limitless programming and on-demand content. All content-including HDTV-can be distributed on a subscription or pay-per-view basis with content presentation tailored to each user's preference. Best of all, IPTV offers true interactivity for the customer. IPTV allows for two-way communication with services comparable to the Web and creates a better environment for users, programmers and advertisers.

About ITVN

ITVN manufactures a low-cost, compact set-top-box that links the home television to IPTV networks and services without the need for a personal computer. In addition, ITVN is a provider of proprietary 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 its low-cost compact set-top-box.

ITVN is making IPTV relevant to the everyday consumer by offering a growing number of niche-market networks while keeping the service affordable. Current and future networks include movie channels, music channels, news channels, and many other options where the overall viewing environment is enhanced by ITVN's true interactivity.

In October of 2005, ITVN was named the "Innovator of the Year" at DigitalLife, a three-day consumer event produced by Ziff Davis Media. For more information please 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 ITVN'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 ITVN on the date the statements are first published. ITVN 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, +1-310-821-6100,
ext. 107, amy@terpin.com, for Interactive Television Networks, Inc.

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

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