Ustream.TV Named Finalist for 11th Annual SXSW Web Awards

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Los Altos, Calif. – February 25, 2008 –

Ustream.TV (www.ustream.tv), a web-based live video broadcasting platform, today announced it has been named as a finalist for the prestigious SXSW (South by Southwest) Annual Web awards, in the Film/TV category. The Film/TV category honors sites related to actors, television, films and the film industry, as well as online destinations that offer streaming video content.

“Ustream.TV was among the elite group of finalists that stood out to the SXSW Interactive judging panel,” said Shawn O’Keefe, the Web Awards Coordinator for SXSW. “Given the record number of submissions our judging panel received, the nomination separates Ustream.TV as the cream of the web crop, especially for sites launched in the past year.”

The Annual SXSW Web Awards, presented this year by Adobe, uncover the best new websites and celebrate those who are building and implementing tomorrow’s online trends. Hundreds of innovative web designers and developers from across the globe submitted websites in this year’s competition. All sites entered into the competition have been launched or completely redesigned in 2007.

In addition to the Film/TV category nomination, Ustream.TV and finalists across all categories are qualified for the SWSW “People’s Choice Awards,” which are determined by public vote online up until March 3rd, at http://sxsw.com/peoples_choice/.

“Competition is tough for the sought-after SXSW awards, and that makes our nomination a valuable achievement,” said Brad Hunstable, co-founder of UStream.TV. “We’re thrilled to be recognized this year and believe this is a testament to the value we’re bringing to millions of people across the Web.”

Winners in each of the Web Awards categories (ranging from “Amusement” to “Blog” to “Music” to “Technical Achievement”) will be revealed at the SXSW Web Awards Ceremony, scheduled Sunday evening, March 9 at the Hilton Austin Downtown. For a complete list of SXSW 2008 awards finalists, visit: http://2008.sxsw.com/interactive/web_awards/finalists/.

About Ustream.TV

Ustream.TV is a platform for live online interactive video broadcasts that lets people everywhere connect, interact and engage with one another more deeply. Ustream.TV allows anyone with a camera, computer, and Internet connection to broadcast live video to a global audience. Each day, people ustream talk shows, concerts, sporting events, even weddings and graduations. The company was founded by two U.S. military veterans and a technologies who strived to create a way for people of all ages around the globe to connect with each other through the power of live online broadcasts. Ustream.TV is headquartered in Los Altos, California, and is privately held. For more information, please visit: www.ustream.tv.

About SXSW Interactive Festival

Scheduled March 7-11 in Austin, Texas, the 2008 SXSW Interactive Festival provides practical how-to information as well as unparalleled career inspiration, bringing together some of emerging technology’s most creative thinkers. The event features five days of keynote speeches, more than 120 panels, the SXSW Web Awards, the iF! Trade Show & Exhibition, the ScreenBurn Arcade, and dozens of exciting evening events. For more information on SXSW Interactive, see www.sxsw.com/interactive.