Netnetnet.tv Announces the Acquisition and Formation of Netnetnet.tv (Asia)

Netnetnet.tv Announces the Acquisition and Formation of Netnetnet.tv (Asia)

GENEVA, Switzerland, September 19/PRNewswire-FirstCall/ -- Netnetnet.tv is pleased to announce that it has acquired a
business in Singapore for its move into Asia. That business will be renamed
as Netnetnet.tv (Asia) Pte Ltd.

We welcome the Managing Director of Netnetnet.tv (Asia), Mr
Lawrence Liaw, as the latest addition to our global team. The new
Netnetnet.tv (Asia) will be the Asian regional headquarters, addressing the
Asia Pacific portfolio.

Mr. Liaw, is an entrepreneur in the IT industry with 14 years
of experience and has graduated with a Masters Degree of Commerce from a
University in the United Kingdom. Lawrence recently set up Sandz Solutions
group, a regional Enterprise IT business solutions provider with operations
spanning across Singapore, Philippines, Malaysia, Indonesia and China. Sandz
was similarly acquired by a company listed on the Singapore Stock Exchange in
mid 2007. Lawrence was also instrumental in bringing Quantum to South Asia by
establishing Quantum South Asia for Quantum Corp, an entity listed on the New
York Stock Exchange. Quantum is the world's largest independent supplier of
backup, recovery and archive solutions and devices.

Lawrence possesses excellent business acumen and management
expertise. He has also accumulated strong business connections in the Asia
Pacific region.

Netnetnet.tv (Asia) will be the research & development and
outsource manufacturing arm for the Netnetnet.tv group. The Asian Sales
operation will also add footprints for Netnetnet.tv's international network
of screens solutions.

Netnetnet.tv (Asia) believes that there should be a potential
installation of between 5,000 to 10,000 screens within the next 12 to 24
months. These potential installations would contribute substantial revenue
and EBIT from advertising for Netnetnet.tv Inc.

This initial impetus from Asia will add to our plans in
Europe as well as Central and Latin America. The team synergy in each country
works to the benefit of offering a greater exchange of information and
technology for future products and solutions development.

Again, Netnetnet.tv continues to work solidly to build up a
network in Europe, Asia and Latin America and will continue to announce
further contracts and letters of intent and joint venture agreements.

The above moves are seen as extremely positive for
Netnetnet.tv in terms of becoming a global player in the out-of-home media
advertising market.

This press release contains "forward looking" statements
within the meaning of Section 21A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934 as amended, and is
subject to the safe harbors created thereby. Such statements involve certain
risks and uncertainties associated with an emerging company. Actual results
could differ materially from those projected in the forward-looking
statements as a result of risk factors discussed in Netnetnet.tv reports
that will be on file with the US Securities and Exchange Commission

Contact:

Richard Walker
Chief Executive Officer
Netnetnet.tv Inc
Internet: http://www.netnetnet.tv

E-Mail: enquiries@netnetnet.tv
Tel.: +41-22-700-76-41

Source: Netnetnet.tv Inc

Contact: Richard Walker, Chief Executive Officer, Netnetnet.tv Inc, E-Mail: enquiries@netnetnet.tv, Tel.: +41-22-700-76-41

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