Onstream Media Signs Two New MarketPlace365™ Promoter Agreements

POMPANO BEACH, Fla., Sept. 13 /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 the company has signed two new MarketPlace365™ promoter agreements. The first is with Clover Hill Trade Shows Inc. for the Acclaim Bead and Gem Expo and the second is with Stylists411, LLC for the Hair and Beauty Show.  These unique marketplaces continue to demonstrate the diversity of venues that are possible utilizing this innovative technology platform.

According to Clover Hill Trade Shows, Inc. President Art Raskin, "the Acclaim Bead and Gem Expo" intends to create the world's largest on-line virtual rock, bead, and gem expo.

This show will feature a variety of beads, gems, rocks and other related materials including pearls, coral, crystal glass, fossil, resin, ethnic silver, stringing material, tools, magazines, and more. Beads, gems and related products are sought after by apparel and department stores as well as all fashion related businesses.

Clover Hill Trade Show, Inc. President and MarketPlace365 promoters Art and Donna Raskin are successful retailers in the bead and gem business since 1990. Art was also a member of the NYSE for 40 years before retiring in 2007.

The goal of the Stylists411 marketplace is to be a 'beauty super highway' offering ongoing industry education, health tips and showcasing talent. The Stylists411 MarketPlace365 will require all participants in the tradeshow to freshen their content by altering their booths monthly in order to keep the information current and appealing to diverse visitors. Stylists411 intends to also present monthly webinars.

Stylists411 is among the first organizations to launch a social network within the Beauty industry. Focusing primarily on consumers, manufacturers and stylists, Stylists411 intends to shift the playing field of the beauty supply business by using their dedicated team to reach out virtually to hundreds of manufacturers within the industry. In connection with some of the top Major Stylists in the world, some of whom currently boast their own television shows, Stylists411 will be a sought after resource in the beauty industry.

Salon industry pro Richard Bissonette is producing the Stylists411 MarketPlace365. He has been featured in magazines, newspapers and show stages across the world. His business was crafted with the strong intent to link salon pros directly to customers.

"We're pleased to add two additional, vertical promoters to the growing list of virtual trade show communities that MarketPlace365 is powering," said Randy Selman, President and CEO of Onstream Media.  "MarketPlace365 will enable each of these promoters to share their subject matter expertise, generate new revenue streams and create a lasting online community that will benefit participating virtual exhibitors and sponsors. With the addition of these two new marketplaces we now have 16 MarketPlace365's in development and expect several of these shows to launch in the next quarter (ending December 31, 2010)."

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, 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, 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.

SOURCE Onstream Media Corporation