HammerTap and Onstream Media Team Up to Provide High Quality Auction Video Hosting Services to Power Sellers

OREM, UT ¡V June 21, 2007 ¡V HammerTap„·, a leading online market research firm, today announces the company has become an Affiliate Partner of Onstream Media¡¦s (Nasdaq: ONSM) Auction Video„· Program. Onstream Auction Video is a professional video transcoding and hosting service recently added to the list of eBay-approved video hosting providers.

Under the agreement, Onstream Media will extend its high-quality Auction Video transcoding and hosting solutions to participating HammerTap clients. This innovative program allows eBay Sellers to include video clips in their auction listings and About Me pages to increase trust and enhance the selling process.

¡§HammerTap is well respected and widely used in the eBay selling community. The addition of professional Onstream Auction Video capabilities from an eBay approved hosting and services provider only strengthens HammerTap¡¦s offerings,¡¨ said Randy Selman, president and chief executive officer of Onstream Media. ¡§Needless to say, we are pleased to be working alongside a research-based and solutions driven partner with a proven track record of innovative auction support services in the eBay community.¡¨

¡§We are excited to be partnering with Onstream Auction Video, a leader in rich digital media and auction video services,¡¨ says Jen Cano, HammerTap spokesperson. ¡§HammerTap has a rich history of providing eBay sellers with the power to make educated selling decisions. We encourage our clients to combine this power with the strength of Onstream Auction Video¡¦s tools, which are specifically focused on online auction video.¡¨

HammerTap and Onstream Auction Video showcased their innovative solutions at eBay Live in Boston June 14 - 16, 2007.

About Onstream Media:
Onstream Media Corporation (Nasdaq: ONSM) is a leading online service provider of live and on-demand internet video, corporate web communications and content management applications. Onstream Media's pioneering Digital Media Services Platform (DMSP) provides customers with cost effective tools for encoding, managing, indexing, and publishing content on the Internet. The DMSP provides our clients with intelligent delivery and syndication of video advertising, and supports pay-per-view for online video and other rich media assets. The DMSP also provides an efficient workflow for transcoding and publishing user- generated content in combination with social networks and online video classifieds. Onstream Media also provides live and on-demand webcasting, webinars, web and audio conferencing services. Almost half of the Fortune 1000 companies and 78% of the Fortune 100 CEOs and CFOs have used Onstream Media's services.

Onstream Media customers include: AOL, AAA, AXA Equitable Life Insurance Company, Dell, Disney, MGM, Deutsche Bank, Rodale, Inc., Televisa, Thomson Financial/CCBN, PR Newswire, Bonnier Corporation and the U.S. Government. For more information, visit Onstream Media at http://www.onstreammedia.com or call 954-917-6655.

About HammerTap, LLC
HammerTap was the first online research solution available on eBay, reaching out to sellers with answers about how to get the most out of their listings. HammerTap continues to offer sellers and buyers the most in-depth market research tools, dedicated support, and well-rounded education. Our solutions help sellers power-up their listings to increase sales and maximize profits, as well as help buyers make educated shopping decisions. For more information, visit www.hammertap.com and www.auctiontrustnetwork.com.

HammerTap, ATN, Auction Trust Network, and Reconnect are trademarks of HammerTap, LLC.

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HammerTap Media Relations:
Steve Nye
405-822-2376
steve@hammertap.com

Onstream Media Relations:
Beth Amorosi
FastLane Communications
917-208-7489
bamorosi@fast-lane.net