Onstream Media CEO, Randy Selman, to Present at Upcoming Trade Show News Network (TSNN) Webinar, Highlighting Results of Groundbreaking Virtual Tradeshow Survey

POMPANO BEACH, Fla., July 29 /PRNewswire-FirstCall/ -- Onstream Media Corporation (Nasdaq: ONSM), a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology, will co-host an upcoming webinar, taking place Wednesday, August 4 at 2:00 p.m. EDT, with the Trade Show News Network (TSNN) to reveal the findings of a seminal, joint online survey on what's driving the rapid adoption and expansion of virtual tradeshows, events and online marketplaces.

Presenters of the webinar include Randy Selman, President and CEO of Onstream Media, RD Whitney, CEO of Tarsus Online Media, Tarsus Group plc and Stephen Nold, President of TSNN.com, MTOsummit and MeetingTechOnline.com.

The presenters will reveal and expand upon the survey responses from over 800 professionals in the tradeshow industry, highlighting such key findings as:

• Virtual events have come of age proliferating, growing and gaining momentum;
• A major paradigm shift is occurring in the events industry and where it is headed;
• Virtual events are projected to become an $18B+ industry in 5 years;
• Green focus is drawing companies toward virtual as a way of reducing their carbon footprint;
• 75% of responders see virtual tradeshows as an add-on or an extension to an existing show or physical event; and
• Content is still king, followed by ease of use and cost savings.

"There are several major forces at play, creating the perfect environment for virtual tradeshows and online marketplaces to flourish moving forward, including the explosive growth of social networking and collaborative technologies, combined with the overall reduction of corporate travel budgets and need for creating new revenue streams and customer loyalty," said RD Whitney, CEO of Tarsus Online Media. "And, the early adopters of virtual events are already beginning to reap the benefits."

"As evidenced by the survey results, there's a sea change taking place within the tradeshow industry and Onstream Media is seeing a lot of interest and demand for our MarketPlace365 technology as a result," said Randy Selman, President & CEO, Onstream Media. "We're well positioned to be one of the leading providers of virtual tradeshow and online marketplace technology due to our self-provisioned, no upfront cost model and integrated search engine optimization, social networking and other lead generation features."

"The trade show industry is being transformed and reshaped before our very eyes as more and more tradeshow organizers realize how virtual tradeshow technology is being utilized to 'embrace and extend' their existing events, creating a better environment for exhibitors to be part of a dynamic, online community of like-minded individuals who openly share ideas, best practices and conduct business," said Stephen Nold, President of TSNN.com, MTOsummit and MeetingTechOnline.com.

Onstream Media's MarketPlace365™ platform enables publishers, associations, trade show promoters and entrepreneurs to rapidly and cost effectively self-deploy their own profitable, online virtual communities consisting of social networking, lead generation, multi-media content libraries, tradeshows, virtual conferences and educational facilities.

To register for the upcoming webinar, visit www.visualwebcaster.com/TSNN/70280/reg.html.

About Tarsus Group & TSNN.com:

Tarsus Group plc (London Stock Exchange: TRS.L) is an international media company with a portfolio of exhibitions, conferences, publications and online media that span across the Americas, Europe, Asia and the Middle East. With its head office in London, Tarsus also has offices in Paris (France), Milwaukee and Boca Raton (USA), Düsseldorf (Germany), Shanghai (China) and Dubai (UAE). Tarsus Group owns the Trade Show News Network (TSNN), which is the world's leading online resource for the trade show, exhibition and event industry since 1996.

The Trade Show News Network (TSNN) is the world's leading online resource for the trade show, exhibition and event industry since 1996. TSNN.com owns and operates the most widely consulted event database on the Internet, containing data about more than 18,000 trade shows, exhibitions, public events and conferences. TSNN features an expanding Industry News and Thought Leader blog with contributions from industry leaders and analysts. We help facilitate the exchange between buyers and sellers with over 137,000 registered website users, over 120,000 newsletter subscribers and over 3,000 LinkedIn group members and thousands of followers on Twitter. To learn more about TSNN visit www.TSNN.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 DMSP provides intelligent delivery and syndication of video advertising, streaming video, mobile streaming 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 patent-pending Auction Video™ technology.

The company's MarketPlace365™ solution enables publishers, associations, trade show promoters and entrepreneurs to rapidly and cost effectively self-deploy their own profitable, 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, Bonnier Corporation, 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, eBay and Qwest. 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.

SOURCE Onstream Media Corporation