Bigado Networks Signs Letter of Intent with InterVision Network Corporation

Bigado Networks Signs Letter of Intent with InterVision Network Corporation Including BigadoTV Within the Channel Offering of the iStream Set-Top Console

6/28/2008 5:00 PM
BigaNews
Dallas Texas

Dallas, TX (BigaNews) June 28, 2008 – Bigado Networks, Inc. and InterVision Network Corporation entered into a Letter of Intent announcing the addition of BigadoTV within the Channel Offering of the iStream Set-Top Console.

IVNet is the world leader in Intemet Protocol (IP) broadcasting development and related technologies, is the first and only truly Global Online Broadcasting Network. Offering delivery of IP broadcasting to users worldwide, IVNET will revolutionize entertainment and business communication. Central to IrVNET is the unique ability to broadcast streaming media in real time to computers, cell phones, and televisions in the highest possible quality and definition.

BigadoTV utilizes an innovative and secure technology to aggregate and search index distributed third party media that helps prevent piracy of content and makes sure all video content is properly categorized, of TV-grade quality and always available.

The system also integrates tightly with RSS, providing content producers with easy publishing to multiple video systems. Video is obtained from RSS feeds and seeded it onto the service network.

BigadoTV will be distributed by all means necessary to reach its users and will also be accessible on the Internet via www.bigado.tv. Users will also be able to access BigadoTV eventually via cell phones, bluetooth (for example on university campuses) satellite, and we hope, even commercial television.

IVNET, through its wholly-owned subsidiary InterVision Streaming Corporation (iStream), intends on launching a new product in the next 90 to 120 days: the iStream Console, an Internet Protocol-enabling set-top box that brings streaming multimedia content to televisions.

Both Bigado and IVNET see benefit in including BigadoTV within the channel offering of the iStream Console; The parties express their intent to proceed forward in a manner that will result in the inclusion of BigadoTV as part of the offering on the forthcoming iStream Console.

Bigado Networks, Inc owns and operates Bigado.com, Biganet.com, Bigado.TV, BigaMall.com, AnyScent.com, WatchesAndJewels and over 290 web domains wholly owned and operated by Bigado Networks. Along with approximately 3500 affiliate websites, visitors can take a peek at the latest in watches and jewelry at WatchesAndJewels.com, book a relaxing vacation at a fraction of normal rates with Travel-Source.net, grab a deal on software and hardware at Computers-Source or even buy sell or trade top names tools and hardware at 2BuyTools.com.

For more information or to become a part of the network, log onto, http://www.bigadonet.com or call 972-735-0054.

Certain statements made in this press release may be considered to be "forward-looking statements". Such forward-looking statements represent the expectations or beliefs of the management of Bigado Networks, Inc. concerning future events and include, without limitation, statements containing the words "believes", "plans"," anticipates", "expects", "may" and words of similar meaning or import. Such forward-looking statements relate to potential future events and the potential future financial performance of Bigado Networks, Inc. and the industry in which it is involved and the economic and political condition of the countries in which Bigado Networks, Inc. does or plans to do business and involve known and unknown risks, uncertainties and other important factors which could cause actual results, performance or achievements to differ materially from the results predicted in any forward looking statement. These forward-looking statements should not be relied upon as representing Bigado Networks' expectations or beliefs as of any date subsequent to the date of this press release.