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    BWBA   US1116121070


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Broadwebasia Inc Com Stk Usd0.001 : Brad Greenspan's BroadWebAsia Inc.'s Hupo TV Streams Live Video to More Than 5.2 Million Internet Viewers in China During Live Broadcast of Music Radio Award Show

04/15/2008 | 11:10am EDT

BEIJING, April 15 /PRNewswire/ -- BroadWebAsia (OTC Bulletin Board: BWBA) reports that China's premier national annual music award shows, The Music Radio Award Show was streamed live on the internet from Beijing's Capital Stadium on Saturday night, April 12th and was viewed by more than 5.2 million internet viewers throughout China according to BroadWebAsia's Hupo TV while reaching 1.7 million concurrent viewers.

The annual Music Radio Award show, which recognizes the top male and female stars of Chinese pop music featured performances by Jay Chou, Jolin Tsai, Flower, May Day, S.H.E., Zhao Wei and others from the Chinese mainland and Taiwan and Hong Kong. Videos and photos of the show are available to be viewed at http://www.hupo.tv/tv/385176.html .

BroadWebAsia's chairman and founder, Brad Greenspan, creator of MySpace, said, "The tremendous success of this event demonstrates the power as well as the potential of new media and online live video, and the ability of new media and traditional media to join together and maximize audience reach."

Hupo TV CEO Davis Li said, "We are honored to have the chance to partner with state-owned national radio broadcaster Music Radio and to stream live video of China's top Music Award show to internet users throughout China. This live internet broadcast of the Music Radio Award Show is only the first of several innovative initiatives we will have as part of our relationship with China's Music Radio. We also want to thank our partner MSN China (Nasdaq: MSFT) for working together with us on this exciting project."

About BroadWebAsia Inc.

Established in 2005, BroadWebAsia, Inc. (OTC: BWBA) is a fast growing and diversified Internet company focused on Chinese online communities and digital advertising. The company was started and is backed by Internet entrepreneur and MySpace founder Brad Greenspan. The BroadWebAsia network is comprised of Hupo TV (http://www.hupo.tv), Mofile (http://www.mofile.com), TYCYGames (http://www.tycygames.com), 9e3.com (http://www.9e3.com), BBMAO (http://www.bbmao.com), and ETE (http://www.ete.cn). BroadWebAsia's Hupo TV, also operates the Major League Baseball-focused Chinese language website, http://www.major.tv/china in partnership with Major League Baseball Advanced Media. By acquiring controlling interests in 6 fast growing and well managed Chinese websites, BroadWebAsia has built a powerful, synergistic network encompassing video entertainment, social networking, and community search websites supported by a top online ad sales and serving company in China. BroadWebAsia's highly scalable network strategy allows for efficient cross marketing, cross advertising and cross audience promotion opportunities. The BroadWebAsia Network reaches over 70 million monthly unique visitors, generating over 500 million monthly page views.

About Hupo TV

Hupo TV (http://www.hupo.tv) is a subsidiary of BroadWebAsia and is based in Shanghai, China. It operates the online video sharing site, http://www.hupo.tv, which is a leading provider of proprietary video content to Chinese Internet users. Hupo TV also operates the Major League Baseball- focused Chinese language website, http://www.major.tv/china in partnership with Major League Baseball Advanced Media. As of March 2008, Hupo TV had more than 100 million monthly video views.

About Music Radio

Music Radio is part of China National Radio (CNR). CNR is one of the most important and influential mass media companies in China. Founded on December 30, 1940, CNR operates 9 channels (News Radio, Business Radio, Music Radio, Metro Radio, Zhonghua News Radio, Shenzhou Easy Radio, Huaxia Radio, Ethnic Minority Radio and Story Radio) and broadcasts 197 hours daily through satellites covering all of China as well as new businesses such as 4 DMB channels and 3 Handset broadcasting channels. As a traditional radio broadcaster, CNR is endeavoring to improve its business through internet- broadcasting, net-radio, digital TV broadcasting, handset TV broadcasting and broadcasting publications. CNR now possesses CNR.CN which is the largest audio network in China, net-radio: RADIO.CN, cable pay-TV channel specialized on Family Health, CHINA BROADCASTS (journal), CHINA BROADCASTING POST, China Broadcasting Audio-visual Press and CNR Media Corporation.

Cautionary Note Regarding Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, and includes statements relating to the ability of BroadWebAsia, such as the ability improve efficiencies, improve customer service, drive cost savings and competitive advantage. These statements are based on current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements including, among others: the conditions of market, the continued ability to develop solutions, demand for and market acceptance of new and existing services, development of new functionalities which would allow companies to compete more effectively.

     BroadWebAsia Contacts
     Financial Relations Board:
     Melanie Nimrodi        Stacy Feit
     Media Inquiries        Investor Inquiries
     (312) 546-3508         (312) 640-6779
     mnimrodi@frbir.com     sfeit@frbir.com

SOURCE Brad Greenspan

© PRNewswire 2008
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