Under the agreement, iBEAM will transmit on-demand, streaming entertainment content provided by Entertainment Boulevard to a mass Internet audience through its satellite-based network. Content to be broadcast includes streaming music videos, movie trailers, NetFomercials, and sports programming.

The partnership represents the latest in a series of targeted strategic alliances for iBEAM designed to introduce new technology and content to the Internet that will help refashion the global computer network as a viable and endlessly accessible medium for broadcast programming of all types.

"We're happy to be working with Entertainment Boulevard and have the chance to not only reduce the cost but increase the quality of their distribution," said Peter Desnoes, president and CEO of iBEAM Broadcasting Corporation. "Entertainment Boulevard is an exciting company that is doing great things with streaming entertainment content for the Internet. iBEAM's task will be taking their channels and making sure a wider audience can experience it without problems."

iBEAM Broadcasting uses satellite broadcast to deliver popular Internet traffic to iBEAM's network of MaxCaster servers located in Internet Service Providers, Cable Operators, or DSL Providers (collectively "ISPs") Points of Presence at the edge of the Internet. The large scale, highly distributed nature of the iBEAM Network allows Internet Content Providers and Content Aggregators (collectively "ICPs") and ISPs to deliver streaming media to end users with a lower cost and better quality of service than can be achieved using existing, traditional Web infrastructure. iBEAM provides delivery of high bit rate streams such as live Internet events, breaking news, and live concerts. This new content delivery model provides subscribers to iBEAM-powered ISPs with guaranteed access to high-demand streaming content, without related network congestion or overload.

"Our agreement with iBEAM will add efficiency to our network of channels," said Stephen Brown, CEO of Entertainment Boulevard. "By strengthening our networks through iBEAM's satellite transmissions, our visitors can enjoy the content as a better overall experience without worrying about congestion and/or performance issues."

ABOUT ENTERTAINMENT BOULEVARD (www.entertainmentblvd.com)
Entertainment Boulevard, Inc. (NASD OTCBB: EBLD), entertainmentblvd.com, is one of the leading providers of streaming entertainment-related media on the Internet. Among the firm's award-winning web sites is one of the most comprehensive interactive music video channels on the web. Entertainment Boulevard's music site has rapidly become a premier music destination site on the Internet. The firm's mandate of Internet global expansion includes launching current and future Web sites under the umbrellas of EntertainmentBlvd.com. Based in Los Angeles, Entertainment Boulevard continues to aggressively develop and implement strategic alliances with key commerce and entertainment companies, broadening its presence worldwide.

ABOUT IBEAM BROADCASTING CORPORATION (www.ibeam.com)
iBEAM Broadcasting, headquartered in Sunnyvale, Calif., has created a distributed network infrastructure to deliver CD-quality audio and broadcast quality video on the Internet. The iBEAM architecture has the scalability required to support mass audiences, as well as the economic advantages of point-to-multipoint broadcasting. Founded by data communications, television and telecommunications professionals in 1998, iBEAM Broadcasting Corporation's mission is to provide a key infrastructure component in a new era in rich multimedia Internet applications for the mass market. iBEAM Broadcasting Corporation offers a significant advantage in both price and performance compared to existing Internet delivery solutions. The company continues to deploy hundreds of MaxCaster servers in the networks end users connect to the iBEAM MaxCasters through the "last mile" provided by the ISP. This last mile may be delivered over an Internet enabled cable TV line, a digital phone service (DSL), a dial-up line or a dedicated Internet connection. For more information about iBEAM Broadcasting Corporation's Webcast Distribution services, visit ibeam.com), or contact the company at 645 Almanor Avenue, Suite 100, Sunnyvale, CA 94086, telephone (408) 523-1600.

Forward-looking statements in this press release are made pursuant to the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risks and uncertainties, including, without limitation, the continued popularity of the Company's web sites and product orders stemming therefrom, increased levels of competition, technological change, dependence upon third party suppliers, and other risks.

Entertainment Blvd. Contact info.
Alan Wallace
InterActive Agency, Inc.
(310) 664-6710 x123
eb@iagency.com

Entertainment Blvd. Investor Relations
David Bronte at Venture Catalyst.com
(310) 399-4059 x103
ir@entertainmentblvd.com

iBEAM Contact info.
Angela Jones
iBEAM Broadcasting Corporation
(408) 523-1622
angela@ibeam.com

Eric DeRitis
Miller/Shandwick Technologies
(650) 596-5809
ederitis@miller.shandwick.com

InterActive Agency, Inc.
http://www.iagency.com
2701 Ocean Park Boulevard, Suite 201
Santa Monica, CA 90405
(310) 664-6710 (310) 664-6711 Fax