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Go Green Expo Plans to Go Virtual, Utilizing Onstream Media's MarketPlace365™ Platform

Go Green Signs Letter of Intent to Acquire Green Light Expo


News provided by

Onstream Media Corporation

Apr 13, 2011, 09:00 ET

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POMPANO BEACH, Fla., April 13, 2011 /PRNewswire/ -- Onstream Media Corporation (NASDAQ: ONSM), a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology, today announced Go Green Expo, the nation's premiere eco-friendly event organizer, has indicated that it plans to go virtual utilizing Onstream Media's comprehensive MarketPlace365™ Platform this June. Go Green Expo will be holding its Go Green Expo annual tradeshow (www.gogreenexpo.com) in Los Angeles on April 15 through April 17, where it will introduce and explain the concept of its new virtual marketplace.

In addition, Go Green Expo has announced that it has signed a Letter of Intent to acquire Green Light Expo, a virtual green exhibition currently utilizing Onstream Media's MarketPlace365™ virtual tradeshow platform.  Combining Green Light Expo's existing base of exhibitors and sponsors with Go Green Expo, creates one of the largest green-focused virtual conferences in the industry with well over 1,000 potential exhibitors, sponsors and other participants.  

"We felt the time was right to practice what we preach, reduce our own carbon footprint and move in a more environmentally friendly direction," said Bradford Rand, CEO of Go Green Expo. "By acquiring Green Light Expo, we're able to 'hit the ground running' and build upon an already successful virtual event model that's also developed around Onstream Media's MarketPlace365 Platform."

This year's Go Green Expo will feature some of the industry's leading thought leaders, authors and activists, such as Ed Begley Jr., Mariel Hemingway, Paul Watson, Eric Cory Freed and Jen Boulden.  Some of these same speakers and other notable presenters are expected to soon become part of Go Green Expo's virtual Auditorium and Learning Center.  Go Green Expo also features big name sponsors, such as Home Depot, Mitsubishi, Coco Eco Magazine, Los Angeles Times, The Ultimate Green Store and others.

"The new virtual Go Green Expo will take advantage of MarketPlace365's full suite of services, enabling it to showcase some of the most innovative thinking, green products and services available today," said Randy Selman, President and CEO of Onstream Media.  "It's also gratifying to see how MarketPlace365 is tailor-made for associations, publishers and other event organizers to form alliances in their respective vertical markets. We expect to see more partnerships, mergers and acquisitions like this as more and more ventures fully understand and begin to tap into the future potential of these vertical-oriented, online communities."

MarketPlace365 provides an environmentally conscious technology solution that brings consumers, retailers, wholesalers, and green industry experts together in one, centralized online community.

MarketPlace365™ is a comprehensive, online lead-generation and communications virtual conference and trade show platform that enables publishers, associations and tradeshow organizers to quickly, easily and affordably self-deploy and manage their own online multimedia "marketplace," while creating a compelling social-media experience for the attendee. MarketPlace365 brings communities with common interests together online for commerce and information exchange. MarketPlace365 features include: social networking, search engine optimization, advanced analytics, videos, webinars, presentations and a full suite of marketing and communications tools. For more information, visit http://www.MarketPlace365.com.

About Go Green Expo:

Launched by Bradford Rand and his team at Expo International, the idea was conceived after he viewed the film "An Inconvenient Truth." As a producer of over 800 shows and job fairs since 1993, he knew that a showcase of all of the latest and greatest eco-friendly products would make for a solid new trade show.

Each event features hundreds of companies that have products or services that are going green or are already eco-friendly. From eco-fashion, baby & pet items and health & organic food to hybrid cars and home & building products, there is something for everyone who is interested in reducing their carbon footprint. Speakers, leaders and authors such as Ed Begley Jr., Mariel Hemingway, Josh Dorfman, David Bach, Kevin Wall, Eric Corey Freed and Robin Wilson have all spoken at Go Green Expo to help educate both business owners and everyday consumers about the benefits of living a greener lifestyle. Even the event itself is environmentally friendly, utilizing a ZERO Carbon footprint approach to event production. Biodegradable trash bags, eco-friendly printing, table coverings, recycled signs, compostable sponsor banners and paperless ticketing and more.

The inaugural Go Green Expo took place in New York City in April of 2008 with 250+ exhibits, 50+ speakers, and an eco-film festival, with nearly 10,000 participating. Shows are now held nationally in Los Angeles, New York, Philadelphia and Atlanta. The organization also produces Eco-Luxe, a press and media event for sustainable luxury brands and Eco Forum, a networking reception for sustainability executives.

About Green Light Expo:

Green Light Expo is a year round online show designed to bring together innovative green businesses and consumers all under one virtual roof! Green Light Expo is a virtual platform that complements any traditional physical trade show and independently provides a forum for exhibitors and consumers to meet anytime 24/7.  Green Light Expo (GLE) is a rich, engaging multi-media experience where you will attend lectures in a virtual auditorium, watch demonstrations in the media library, and learn about products and services direct from exhibitors at digital booths without tired feet or increasing the carbon footprint!  Green Light Expo's goal is to create a valuable educational resource for the green community and to bring consumers and businesses together in an efficient manner without creating additional waste or using precious natural resources.  Not only is GLE targeted to benefit the green community but it is green itself!  GLE Exhibitors include eco-conscious businesses that offer products and services focused on Green Home, Green Cleaning, Eco Fashion, Eco Baby, Natural Skincare, Fair Trade, Organic Coffee & Tea, Eco Travel, Natural Pet Care, Green Technology, Green Landscape & Design, Green Building, Indoor Air Quality, Sustainable Furniture, Sustainable Lighting, Renewable Energy, Environmental Consultants, Green Transportation, Sustainable Printing, Green Jobs, Green Magazines and Green Services committed to protecting our planet and natural, environment friendly lifestyles.

For more information, visit www.greenlightexpo.com.

About Onstream Media:

Onstream Media Corporation (Nasdaq: ONSM) is a leading, online, service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology. Onstream Media's innovative Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content via the Internet. The company's MarketPlace365™ solution enables publishers, associations, tradeshow promoters and entrepreneurs to rapidly and cost effectively self-deploy their own online virtual marketplaces. In addition, Onstream Media provides live and on-demand webcasting, webinars, web and audio conferencing services. To date, 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, 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, BT Conferencing, Qwest and Trade Show News Network (TSNN). For more information, visit Onstream Media at www.onstreammedia.com or call 954-917-6655.

Cautionary Note Regarding Forward Looking Statements

Certain statements in this document and elsewhere by Onstream Media are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such information includes, without limitation, the business outlook, assessment of market conditions, anticipated financial and operating results, strategies, future plans, contingencies and contemplated transactions of the company. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors which may cause or contribute to actual results of company operations, or the performance or achievements of the company or industry results, to differ materially from those expressed, or implied by the forward-looking statements. In addition to any such risks, uncertainties and other factors discussed elsewhere herein, risks, uncertainties and other factors that could cause or contribute to actual results differing materially from those expressed or implied for the forward- looking statements include, but are not limited to fluctuations in demand; changes to economic growth in the U.S. economy; government policies and regulations, including, but not limited to those affecting the Internet. Onstream Media undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in Onstream Media Corporation's filings with the Securities and Exchange Commission.

ONSM Media Relations:
Chris Faust
Fastlane
973-226-4379 
[email protected]

ONSM Investor Relations:
Alon Kutai
ProActive Newsroom
212-828-7373
[email protected]

SOURCE Onstream Media Corporation

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