OneFi Announces New MOU With IPTV Technology

OneFi Technology, Inc. (Pinksheets:ONFI - News) announced today that it has signed a MOU to provide IPTV for its networks. The IPTV will be in both standard digital and High Definition. The offering which OneFi will be able to deliver is in excess of eight hundred (800) channels.

Chet Noblett, President of OneFi Technology, says, "We are pleased to move forward with our IPTV offering which adds tremendous value to our networks. I was particularly impressed with the system's ability to allow IPTV broadcasting so that rural areas can use the technology for telemedicine and distance learning."

About OneFi Technology, Inc.

OneFi Technology, Inc. is a WiMax company developing broadband networks that are capable of 4G (4th generation) compatibility. OneFi Technology's focus is on rural communities and developing countries. WiMax is a wireless technology for the delivery of broadband internet.

For Additional Information, Go to the Website: www.onefitechnology.com

This press release contains certain "forward-looking statements" within the meaning of federal securities laws including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions. Although the Company believes that the statements were reasonable when made, these forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, without limitation: competitive and general economic conditions, adverse effects of litigation, the timely development and acceptance of our products and services, significant changes in the competitive environment, the failure to generate or the loss of significant numbers of customers, the loss of senior management or increased government regulation.