Single Touch Systems Cites Patent Ownership in “Letter of Notification” to Hulu

ENCINITAS, Calif.--(BUSINESS WIRE)--Single Touch Systems Inc. (OTCBB:SITO), an innovative mobile media solutions provider, today announced that on August 22, it issued a “Letter of Notification” to Hulu regarding Single Touch’s issued patents directed to streaming and routing media, including U.S. Patent Nos. 7,054,949, 7,191,244, and 7,689,706. The letter was sent on behalf of Single Touch by attorneys Polsinelli Shugart, P.C.

“After years of establishing ourselves as a pioneer in mobility, and cementing our IP position, it has become increasingly important for us to take the steps necessary to protect what we have already established”

Hulu currently operates an online video service and is jointly owned by NBC Universal parent Comcast Corp. (NASDAQ:CMCSA), News Corp. (NASDAQ:NWSA), The Walt Disney Company (NYSE:DIS), and Providence Equity Partners.

According to Yankee Group’s 2010 Mobile Video Services Market Assessment report, the number of mobile TV and video users is expected to rise from approximately 250 million in 2010 to 455 million in 2014, and deliver over U.S. $24 billion in revenue to operators in that year.

Single Touch Systems has filed and has been awarded more than 14 patents related to mobile search, commerce, advertising and streaming media. “After years of establishing ourselves as a pioneer in mobility, and cementing our IP position, it has become increasingly important for us to take the steps necessary to protect what we have already established,” says Anthony Macaluso, Single Touch’s Chairman and Chief Innovation Officer.

About Single Touch Systems Inc.

Single Touch Systems Inc. (SITO) is an innovative mobile solutions provider serving retailers, advertisers and brands. Through patented technologies and a modular, adaptable platform, SITO’s multi-channel messaging gateway enables marketers to reach consumers on all types of connected devices, with information that engages interest, drives transactions and strengthens relationships and loyalty.

For more information visit: www.singletouch.net

Caution Regarding Forward-Looking Statements

This news release contains forward-looking statements that involve risks and uncertainties and reflect Single Touch’s judgment as of the date of this release. These statements include those regarding strategy, growth and future operations. Actual events or results may differ from Single Touch’s expectations. The risks and uncertainties include reliance on brand owners and wireless carriers, the need for additional capital, operational and cultural changes associated with Board and senior management transitions, various risks and expenses associated with efforts to monetize patents, and the possibility that Hulu might not respond favorably to the Letter of Notification, as well as other risks identified in Single Touch’s most recent Form 10-K and Form 10-Q filings with the SEC. Single Touch disclaims any intent or obligation to update these forward-looking statements beyond the date of this press release, except as may be required by law.