ImaginAsian TV Secures Houston Carriage Agreement

Jul 24th 2006
Nation's First 24/7 Asian American Television Network

to Premiere on System's Basic Package





NEW YORK, July 24, 2006 — ImaginAsian Entertainment, Inc., today announced that ImaginAsian TV (iaTV), America's first 24/7 Asian American television network, has reached a new carriage agreement with Optical Entertainment Network™ (OEN), the leading provider of IPTV and broadband services built for fiber-to-the-home (FTTH), for the Houston market. iaTV will be part of Optical Entertainment Network's basic package and will be available to all 1.6 million households subscribing to the Houston system.



ImaginAsian TV looks forward to bringing pan-Asian programming to the Asian and non-Asian communities in Houston,” said Anil Srivatsa, EVP of affiliate sales and new business development for ImaginAsian TV. He added, “We are pleased to be partnering with Optical Entertainment Network — the company is highly regarded as an innovator in bringing quality content to the Houston market across a variety of traditional and emerging platforms.”



"We are very pleased to add ImaginAsian Entertainment to our 400 channel line-up,” said Jo-Lynn Foo, VP Programming of Optical Entertainment network. “With its original Asian and English language content, iaTV does a great job of bringing these two cultures together for a greater understanding of each other. Because we are optimized for FTTH with its virtually unlimited bandwidth, we have room in our system for programming that reaches niche markets, including the 14 other foreign language channels that we currently offer.”



Since its on-air launch in August 2004, iaTV has brought the finest programs from Asia to the U.S., including anime, hit drama series, blockbuster films, documentaries, music, sports, variety programs and more from Korea, Japan, India, Hong Kong, China, the Philippines, Taiwan and Vietnam. Additionally, iaTV has developed and produced award-winning original programs such as comedy series “Uncle Morty's Dub Shack” and reality-based show “Finding My America.” All programming is either in English or English-subtitled.



OEN has created FISION, the first and only integrated service for IPTV, Internet, Voice, Video-On-Demand (VOD) and other broadband applications, designed specifically to take advantage of the benefits of FTTH technology and the only service to make all of its content available for license to other communities in the US and abroad. OEN has acquired programming agreements for IPTV distribution from top television networks and will deliver 400 television channels, including over 50 channels of High Definition Television (HDTV) to subscribers, the most channels deployed anywhere to date.



About Optical Entertainment Network

Optical Entertainment Network is a Houston, Texas based company providing the first major market deployment of Video, Internet and Voice to residential and commercial customers over a system specifically designed to optimize fiber-to-the-home (FTTH) technology. OEN has signed the largest number of IPTV carriage agreements to date, acquired directly with programming networks and has developed a business model that will enable it to license content to other FTTH communities around the US and overseas. The company is a platinum member of the FTTH Council. More information can be found at the company's website at www.4fiber.tv.



About ImaginAsian TV and ImaginAsian Entertainment

ImaginAsian TV (iaTV) is America's first national 24-hour Asian American network, catering to American audiences with a passion “for all things Asian,” including more than 14 million Asian / Pacific Americans. iaTV (www.iaTV.tv) offers top-notch movies, music, dramas, anime, documentaries, sports, news, and original programming from Asia and the U.S. All foreign-language programs are subtitled in English to meet the needs of the general public, and English-speaking hosts introduce shows during prime time. Fully advertiser-supported, ImaginAsian TV is currently carried on cable systems in New York, Los Angeles, San Francisco, Houston, Hawaii and parts of New Jersey, as well as via broadcast in other parts of the United States, including Las Vegas, NV, Seattle, WA, and Edison, NJ.

ImaginAsian Entertainment, Inc. (www.iaei.tv) is a multimedia company that promotes Asian Pacific American culture to mainstream America. Headquartered in New York City, ImaginAsian Entertainment uses a fully integrated marketing strategy through multiple platforms: ImaginAsian TV (America's First 24/7 Asian American Network), The ImaginAsian Theater (New York's Premier Asian American Theater), ImaginAsian Pictures (distribution of cutting-edge and critically acclaimed Asian films), ImaginAsian Home Video (video/DVD unit dedicated to quality Asian home entertainment), ImaginAsian Radio (the sound of Asian America), and iaLink (ImaginAsian's community-based e-zine).

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