Stream Communications Acquires Additional 1,400 Cable Subscribers

Stream Communications Acquires Additional 1,400 Cable Subscribers

VANCOUVER, British Columbia, April 18 /PRNewswire-FirstCall/ -- Stream Communications Network and Media Inc. (BULLETIN BOARD: SCNWF) is pleased to announce it has entered into an agreement to purchase an additional 1,400 cable subscribers strategically located next to the Company's existing network in Southern Poland.

Stream will issue 260,000 common shares of the Company in exchange for the completion of this transaction bringing its current number of revenue generating units (RGU's) to 58,500 throughout its network.

With the addition of Stream's two most recent acquisitions, the Company is now the 8th largest Cable Communications network in Poland out of over 500 independent operators, and has increased its annualized revenues by US$ 500,000.

About Stream

Stream is a broadband cable company and offers Cable TV, high-speed Internet and VoIP services in Poland. With 58,500 subscribers currently, Stream is one of the principal consolidators of the Cable Communications sector and is a leading Cable TV operator and Internet provider in the densely populated markets of Southern Poland. Established in 2000, Stream has offices in Krakow and Vancouver.

Safe harbor for Forward-Looking Statements:

Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Stream Communications Network and Media Inc. has little or no control.

This release was issued through Major Newswire (http://www.majornewswire.com/)

Source: Stream Communications Network and Media Inc.

CONTACT: Mike Young, Investor Relations of Stream Communications Network and Media Inc., +1-604-669-2826, or toll free, +1-800-704-9649, mike.young@streamcn.com

Web site: http://www.majornewswire.com/

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