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PRESS RELEASE FEDERAL HILL COMMUNICATIONS SELECTED TO OVERSEE STUDIO June 22, 2005 -Los Angeles, CA Federal Hill Communications, a global leader in on-demand content strategy and solutions has been exclusively selected to represent Live Networks, a leading provider of broadband entertainment for the Pan-Nordic territories (Sweden, Norway, Denmark, Finland and Iceland). Federal Hill Communications will assist Live Networks in negotiating and securing licensing agreements with the Hollywood Studios for current released titles, library films and television series. Federal Hill puts Live Networks in the heart of Hollywood with personal relations to all major studios. Federal Hill has a long experience in negotiations and business development in the content and VOD area. The short term goal is to sign contracts with all major studios and to be the leader in Scandinavia in VOD and entertainment via digital media, said Björn Schröder, CEO at Live Networks. With the extensive business network from Federal Hill, this partnership gives Live Networks a good position to expand the business outside the Nordic regions and business development within the area of new media and entertainment such as new types of TV-channels. Representing Live Networks offers us a unique opportunity to work with a company that is both a residential content aggregator (in association with Telco partners) as well as offering its own independent online movie destination (Livenetworks.com). Live Networks broadband entertainment solutions will enable consumers in the Nordic region to experience VOD via the PC or Set top Box, said Bethany Gorfine, President and CEO of Federal Hill Communications. This is another first, for Federal Hill and the industry. We are pleased that Live had the confidence in our abilities to make their vision a reality. About Live Networks About Federal Hill Communications
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