XOS Technologies Closes on Sale of Broadband Network Business Unit to JumpTV



    ORLANDO, FLA., August 31 /CNW/ - XOS Technologies, Inc., today announced
that it has closed the sale of the assets of its Broadband Network business
unit to JumpTV Inc. (AIM:JTV) (TSX:JTV). The asset purchase agreement between
XOS Technologies and JumpTV originally was announced on July 17, 2007.

    "With the closing of this sale, XOS Technologies forges forward with a
strengthened commitment to, and tightened focus on, our original mission of
providing innovative solutions for teams, video personnel, management and
coaches in professional and collegiate sports," said Rich Ruben, CEO of XOS
Technologies.

    Post-closing, XOS Technologies retains its unique brand identity and
continues to operate Coaching Solutions and Facilities Design & Integration
groups out of offices in Billerica, Mass. and Sanford, Fla.

    About XOS Technologies, Inc.:

    In its mission to offer comprehensive, cutting-edge technology solutions
geared to help professional and collegiate sports teams, conferences, leagues
and athletic administrators win on and off the field, XOS Technologies
specializes in Coaching Solutions and Facilities Design & Integration. XOS
products can be found at practice facilities, arenas and on the road across
the country. XOS serves more than 500 clients representing more than 950 teams
in the NFL, AFL, CFL, NBA, WNBA, NHL, MLB, MLS, NAIA, NCAA and in NASCAR. For
additional information, visit http://www.xostech.com.

    About JumpTV Inc.:

    JumpTV (AIM, TSX: JTV) is the world's leading distributor of live
Internet television. With more than 290 TV channels from 75+ countries, JumpTV
delivers full-screen news, sports and entertainment content on a real-time
basis from all corners of the globe to computers, Internet-enabled TV sets, IP
set-top-boxes and cell phones with browser access. For more information, visit
www.jumptv.com.

    Safe Harbor Statement: Certain statements included in this press release,
which are not historical facts, are forward-looking statements. Such
forward-looking statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements represent our expectations or beliefs and involve certain risks and
uncertainties, including those described in our public filings with the United
States Securities and Exchange Commission; also including, but not limited to,
changes in interest rates, competitive pressures, changes in customer mix,
changes in third party reimbursement rates, financial stability of major
customers, changes in government regulations or the interpretation of these
regulations, changes in supplier relationships, growth opportunities, cost
savings, revenue enhancements, synergies and other benefits anticipated from
acquisition transactions, difficulties relative to integrating acquired
businesses, the accounting and tax treatment of acquisitions, and asserted and
unasserted claims, which could cause actual results to differ from those in
the forward-looking statements. The forward-looking statements by their nature
involve substantial risks and uncertainties, certain of which are beyond our
control, and actual results may differ materially depending on a variety of
important factors. You are cautioned not to place undue reliance on these
forward-looking statements that speak only as of the date herein.




For further information:

For further information: XOS Technologies, Inc., Orlando Anna Marie
Neri, 407-936-2593 Aneri@xostech.com

Organization Profile

XOS TECHNOLOGIES, INC.

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