MobiTV Launches Mobi4Biz with CNBC Content and VD

MobiTV, Inc.announced the next phase

of its product development strategy which entails a series of vertically-customized

products and services that combine live video, Video-On-Demand and up-to-the-minute data

together in a personalized, compelling and easy-to-use interface for mobile

professionals and on-the-go entertainment enthusiasts.

Mobi4BIZiwill make its market debut in the U.S. supporting

the BlackBerry Bold smartphone from Research In Motion (RIM)

(Nasdaq: RIMM). Mobi4BIZ is a video-centric application for mobile consumers

and business professionals that combines live TV and VOD content.

Mobi4BIZ

will have at its foundation CNBC, with video content and up-to-the minute

stock market data from official CNBC ticker. Other anticipated partners include

Bloomberg Television, FOX Business and TheStreet.com. Mobi4BIZ features user-driven

programming, where the consumer creates a watch list and all content discovery

within the application is related to that list.

"MobiTV continues to demonstrate unparalleled innovation and leadership

in the mobile video industry, and is proud to offer a preview of the industry's

first vertically-targeted, integrated media application for mobile professionals," said

Charlie Nooney, Chairman and CEO, MobiTV. "This is complimentary to

our current broad consumer offering and recognizes the adoption and consumption

of mobile media within specific segments. Natural extensions of this strategy

include kids, sports, education and enterprise."

Mobi4BIZ Features