Onstream Media Corporation to Report Fiscal 2009 Third Quarter Financial Results on August 14

Onstream Media Corporation to Report Fiscal 2009 Third Quarter Financial Results on August 14

Management to Discuss Financial Results During 4:30 p.m. ET Conference Call on August 17

POMPANO BEACH, Fla., Aug. 11 /PRNewswire-FirstCall/ -- Onstream Media Corporation (NASDAQ:ONSM), a leading online service provider of live and on-demand digital media communications and applications, today announced that its management will conduct a conference call at 4:30 p.m. ET on Monday, August 17, 2009, to discuss its fiscal 2009 third quarter financial results for the period ended June 30, 2009. The Company anticipates releasing financial results and filing its Form 10-Q after the close of trading on Friday, August 14, 2009.

During this conference call, Mr. Randy Selman, President and Chief Executive Officer of Onstream Media Corporation and the Company's CFO, Mr. Robert Tomlinson, will discuss the Company's financial results as well as provide an outlook for the remainder of fiscal 2009. Management discussion will be followed by an open Q&A session.

Interested parties may listen to the presentation live online at http://www.visualwebcaster.com/event.asp?id=61408 or by calling 1-888-645-4404 or 201-604-0169. It is recommended to dial in approximately 10 to 15 minutes prior to the scheduled start time. An audio rebroadcast of the conference call will be archived for one year online at http://www.visualwebcaster.com/event.asp?id=61408.

About Onstream Media:

Onstream Media Corporation (NASDAQ:ONSM) is an 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 via 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, utilizing Onstream Media's Auction Video(TM) (patent pending) technology. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. In fact, almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.

Select Onstream Media customers include: AAA, AXA Equitable Life Insurance Company, Bonnier Corporation, BT Conferencing, Dell, Disney, Georgetown University, National Press Club, PR Newswire, Shareholder.com (NASDAQ), Sony Pictures 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.

CONTACTS:

Onstream Media:
Chris Faust
FastLane Communications
973-226-4379
cfaust@fast-lane.net

Investor Relations:
Brett Maas
Hayden IR
646-536-7331
brett@haydenir.com

Source: Onstream Media Corporation

CONTACT: Chris Faust, FastLane Communications, +1-973-226-4379,
cfaust@fast-lane.net; or Brett Maas, Hayden IR, +1-646-536-7331,
brett@haydenir.com

Web Site: http://www.onstreammedia.com/

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