JumpTV Comments on Share

RNS Number:7865O
JumpTV Inc.
26 February 2008


JumpTV Comments on Share Price


TORONTO--(Marketwire - February 26, 2008) - JumpTV Inc. (TSX: JTV) (AIM: JTV), a
world leading broadcaster of sports and international television over the
Internet, responded today to shareholder enquiries regarding its share price.


The Company advises that there have been no corporate developments that would
explain the recent decline in stock price.


JumpTV's stock price closed at $.78 per share on Monday, February 24, 2008
representing a market capitilization of approximately US$38.2 million.


JumpTV recently reported that as of December 31, 2007 the Company had
approximately US$51 million of cash (or US$1.04 per share).


JumpTV also noted that the latest disclosure of short positions dated February
15, 2008 reported that 1,374,038 JumpTV shares were sold short in the period
from February 1 to February 14 representing 57% of the total 2,407,300 shares
traded during that time frame.


About JumpTV


JumpTV (www.jumptv.com, www.collegesportsdirect.com) is a world leading
broadcaster of sports and international television over the Internet. JumpTV
streams over 10,000 live sports events per year in partnership with over 185
sports properties and also streams over 250 television channels from 70+
countries around the world. JumpTV delivers its users full-screen sports, news
and entertainment content on a real-time basis to all corners of the globe via
ordinary Internet connections on their home computers and laptops. 

G. Scott Paterson
Executive Chairman
JumpTV Inc.
416-368-6464
paterson@jumptv.com

Chris Bowman
Andrew Chubb
Canaccord Adams Limited
+44 207 050 6500

Lewis Goldberg
KCSA Worldwide
T: 1.212.896.1216




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
SPMZQLFLVLBEBBV

Jumptv (LSE:JTV)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024