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ZapMyTV

ZapMyTV in VOD License Agreement with Paramount Digital Entertainment

--Company Offers Social Broadband Video Service, Currently in Early Beta

ZapMyTV--a company that is developing a "family-friendly" social broadband video portal that it says will broadcast live cable programming via the Internet across multiple social networking platforms and will also provide access to a range of theatrical motion picture content on an a la carte or subscription VOD basis (note: the company's "Interactive Content Environment"--or "ICE"--platform, which is currently in early beta, is slated to launch commercially later this year)--announced Wednesday that it has signed a license agreement with Paramount Digital Entertainment. The company claims that this is the first of several key strategic alliances with entertainment companies that it is set to announce in the near future.



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