Ottawa, ON - January 15, 2007

Multicast Networks appoints Randy Zadra to the Advisory Board.

MCNSports, a wholly owned subsidiary of Multicast Networks Holdings Incorporated, today announced that Randy Zadra has joined Multicast Networks in the capacity of Advisory Board member.

Currently a visiting fellow at the MIT Media Lab, Zadra is a senior lecturer and also assists companies with their technology commercialization. Zadra has extensive experience in the communications sector and has previously held senior executive positions with Teleglobe International, including Vice President of the Americas, where he managed a $300M P&L.

Zadra has also held management positions with several other IT and telecom companies and was the managing director of ICA, a $20M fund to support information and communications technology innovation in developing countries and emerging markets. He advises several early stage companies, and is a judge in the annual 100K MIT business plan competition.

"MCNSports is delivering a unique value proposition to a rapidly changing broadcasting industry, and it is well positioned to provide internet TV viewers with unparalleled choice and quality" said Zadra.

Marc Brunet, CEO of Multicast Networks says, “Mr. Zadra is a well-respected member within the IT and Communications sectors. His in-depth knowledge of the internet and communications technologies will be extremely valuable for MCN as we move forward. We are very pleased to have Mr. Zadra involved and associated with our company.”