PEE Increases Broadband & Interactive Products

CHARLOTTE, N.C.--June 6, 2006--SPEED, in association with Global Media Services (GMS), today announced the introduction of SPEED on Demand online, its brand new broadband video on demand Web portal.

The portal, located at SPEEDtv.com, will provide access to more than 100 races at $1.99 per video. Viewers can log onto SPEEDtv.com, click 'SPEED on Demand,' and order archived original streaming videos or replays from the American Motorcycle Association (AMA) Supercross and Superbike championships, FIA World Superbike, the Isle of Man TT races, International Race Of Champions (IROC), Federation International de l'Automobile Grand Touring (FIA GT), Le Mans Endurance Series, SPEED GT, Touring Car and the recently added, Grand Prix Masters.

"We are continually looking for ways to better serve our diverse group of SPEED viewers," said Kevin Annison, VP of Business Development. "With broadband access hitting critical mass, SPEED now is able to offer a unique multi-platform access portal to create an 'online motor sports hub' offering races on demand, anytime at SPEEDtv.com. But this is just the beginning, as we continue to secure broader rights to all of our programs, we will rapidly expand the SPEED on Demand online offerings to feature hundreds of original race series videos and linear network race repeats."

SPEED on Demand online is part of the continued rollout of new SPEED broadband and interactive product offerings. Earlier this year, SPEEDtv.com introduced free streaming video recaps of the past week's SPEED News from the worlds of motorcycle racing, auto racing and the automotive industry.

Global Media Services, who also manages streaming and online broadcast media for The Champ Car World Series, is the service provider. Adam Cohen, Chief Executive Officer, GMS, talked about the new relationship.

"We are very excited to have been selected by SPEED to power the ground-breaking SPEED on Demand application," Cohen said. "As a result, fans of SPEEDtv.com will now be able to enjoy anytime, anywhere access to a who's who of popular motorsports series' - on demand."

SPEED, celebrating its 10th Anniversary in 2006, is the nation's first and foremost cable network dedicated to motor sports and the passion for everything automotive. From racing to restoration, motorcycles to movies, SPEED delivers quality programming from the track to the garage. Now available in more than 71 million homes in North America, SPEED is among the fastest growing sports cable networks in the country and an industry leader in interactive TV, video on demand, mobile initiatives and broadband services.

Global Media Services, Inc. provides managed media services that enable companies to profit from their online operations by effectively interacting and transacting with customers, partners and employees. Global Media Services has integrated its managed Media Services platform with the world's largest and most advanced IP networks to offer cost-effective, high-quality live and on-demand streaming media delivery services worldwide. Global Media Services eliminates the need for companies to invest and maintain separate content and digital rights management, e-commerce and streaming media delivery systems. Founded in 2002, Global Media Services, Inc. is a privately held company based in New York, New York. www.globalmediaservices.net