Wednesday, April 25, 2007

Medialink Forms Strategic Alliance With Getty Images

Agreement to Jointly Offer Video and Photography Services as Best-of-Breed Solutions for Marketing and Public Relations Professionals.

Furthering its mission to offer enhanced counsel on client projects with multiple visual components, Medialink Worldwide Incorporated (Nasdaq: MDLK - News), a significant global provider of diversified media services for professional communicators and marketers, has entered into a strategic alliance in the United States with Getty Images, the world's leading creator and distributor of visual content.

Medialink, a major producer and distributor of award-winning, short-form video and audio to broadcast and broadband media, and Getty Images, the world's leading imagery company, have mutually agreed to a preferred provider arrangement that will enable their respective public relations, marketing and creative services clients to leverage best-of-breed video production and distribution and photography services for news announcements, advertisements, or promotional initiatives.

"The Medialink and Getty Images brands are synonymous with excellence in our respective fields of visual communications expertise, and together we can extend a unique opportunity for our clients to ensure the best results on their video and still photography projects," stated Larry Thomas, chief operating officer of Medialink. "Public relations, public affairs and marketing executives with new product launches, executive announcements, trade shows, or internal conferences may now more effortlessly engage the services of two of the most creative and experienced visual producers in the professional media services industry."

"At Getty Images, we are always looking for ways to improve our customers' experience by providing the very best products and services," said Peter Orlowsky, vice president of sales at Getty Images. "This new relationship with Medialink offers communicators easy access to the best custom solutions for capturing images or video, enabling them to work smarter and faster while delivering top-notch results."

About Medialink:

Medialink (http://www.medialink.com) is a global leader in providing unique news and marketing media strategies and solutions that enable corporations and organizations to inform and educate their intended audiences with maximum impact on television, radio, print, and the Internet. The Company offers creative services and multimedia distribution programs including video and audio news and short-form programming. Through its majority-owned subsidiaries, Medialink also provides Teletrax(TM), a global television tracking and media asset management service to help clients determine return on investment from their programming and advertising efforts. Teletrax is 76%-owned by Medialink and 24%-owned by Royal Philips Electronics. Based in New York, Medialink has offices in major cities throughout the United States and an international hub in London.

With the exception of the historical information contained in the release, the matters described herein contain certain "forward-looking statements" that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this release are not promises or guarantees and are subject to risks and uncertainties that could cause our actual results to differ materially from those anticipated. These statements are based on management's current expectations and are naturally subject to uncertainty and changes in circumstances. We caution you not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Actual results may vary materially from those expressed or implied by the statements herein. Such statements may relate, among other things, to our ability to respond to economic changes and improve operational efficiency, the benefits of our products to be realized by our customers, or our plans, objectives, and expected financial and operating results. Forward-looking statements may also include, without limitation, any statement relating to future events, conditions or circumstances or using words such as: will, believe, anticipate, expect, could, may, estimate, project, plan, predict, intend or similar expressions that involve risk or uncertainty. These risks and uncertainties include, among other things, our recent history of losses, our ability to achieve or maintain profitability; potential regulatory action; worldwide economic weakness; geopolitical conditions and continued threats of terrorism; effectiveness of our cost reduction programs; the receptiveness of the media to our services; changes in our marketplace that could limit or reduce the perceived value of our services to our clients; our ability to develop new services and market acceptance of such services, such as Teletrax; the volume and importance of breaking news, which can have the effect of crowding out the content we produce and deliver to broadcast outlets on behalf of our clients; our ability to develop new products and services that keep pace with technology; our ability to develop and maintain successful relationships with critical vendors; the potential negative effects of our international operations on the Company; future acquisitions or divestitures, which may adversely affect our operations and financial results; the absence of long term contracts with customers and vendors; and increased competition, which may have an adverse effect on pricing, revenues, gross margins and our customer base. More detailed information about these risk factors is set forth in filings by Medialink Worldwide Incorporated with the Securities and Exchange Commission, including the Company's registration statement, most recent quarterly report on Form 10- Q, most recent annual report on Form 10-K and other publicly available information regarding the Company. Medialink Worldwide Incorporated is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

For more information:
Mary C. Buhay
Senior Vice President, Corporate Communications
Medialink Worldwide Incorporated
Tel: (212) 682 8300
mbuhay@medialink.com


Source: Medialink Worldwide

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