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REAL ESTATE CHANNEL™ Video On Demand IP-TV Network Announced
Posted: 2/23/2006

Posted By: MultiChannel Ventures Contact: Communications Dept.
Phone: 407-224-6847 Email: Info@MultiChannelVentures.com

Orlando, Fl – February 24, 2006 – MultiChannel Ventures announced today the launch of their newest interactive broadband asset, the REAL ESTATE CHANNEL (www.RealEstateChannel.com) in the Fall of 2006.

The REAL ESTATE CHANNEL (www.RealEstateChannel.com) is a newly emerging IP-based broadcasting network for the delivery of customized video-on-demand (VOD) real estate programming and content to any person on any Internet enabled device anywhere in the world, anytime.

The REAL ESTATE CHANNEL will enable global online audiences the ability to search and view video content on demand by various subject categories or by geographic relevance. REAL ESTATE CHANNEL video content will include two major video category types; scripted television shows as well as industry created video content from various real estate developers, brokerage firms, master planned communities, resorts, timeshare, apartment communities or related service providers or retailers.

Michael Gerrity, Chairman of MultiChannel Ventures, commented, “With the explosive growth of broadband uptake and usage by consumers over the last 3 years, the ability to stream high quality full screen video content to consumers with Internet Protocol Television or IP-TV is now a reality. Because of such, we are now building and deploying the REAL ESTATE CHANNEL in Q3, 2006 to embrace this new enabling technology and trend. Think of us as launching a full blown interactive cable channel over the web for the entire U.S. real estate marketplace.”

According to PricewaterhouseCoopers’ recent IP Transformation Report, IP-based video broadcasting could prove over the next 5 years to be a much more disruptive enabling technology and business model for today’s current video distribution industry than VoIP has now become for telecom s’ wireline voice business. PWC further predicts that IP-TV subscriber growth will grow from 1.3M in 2006 to over 38M subscribers by 2010. Because of such, REAL ESTATE CHANNEL is perfectly positioned to ride this growing tidal wave of IP-based video distribution.

About MultiChannel Ventures.

MultiChannel Ventures is a developer, owner and operator of a broad range of video programming, broadband distribution, interactive, subscription, advertising and transaction-based Internet businesses.

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