EX-99.1



Orbit E-Commerce Announces the Termination
of NexTube Acquisition


TORONTO, November 19, 2008 - Orbit E-Commerce Inc.
(OTCBB:OECI), today announced the termination of the
previously reported acquisition of NexTube Broadcasting Inc.
("NexTube").

As previously announced in a News Release on September 18,
2008, OECI had agreed in principle to acquire all
outstanding stock of NexTube, a private Toronto company.
NexTube is a company recently organized by Douglas Lloyd,
President and CEO of OECI, incorporated solely for the
purpose of funding an Internet Protocol Television ("IPTV")
business.   To clarify the September 18, 2008 press release,
NexTube had engaged D&D Securities Company to raise up to
$5.0 million (Cdn) on a best efforts basis.  D&D has
recently advised NexTube that it will not proceed with the
financing transaction.

 "In view of the current market situation and specifically
OECI's lack of funding and any prospects for funding, it
appears that we will cease all further activities of Orbit E-
Commerce Inc." stated Mr. Douglas Lloyd, President & CEO of
OECI.

"Overwhelming resources have been expended over the past
several years for auditing, filing and legal expenses in the
desire to maintain an OTC Bulletin Board listing," stated
Mr. Douglas Lloyd. During the past several years, Management
has been unsuccessful in its endeavors, both locally and
internationally, to raise funds for the OTCBB public company
to build an IPTV business. The costs and administrative
burdens associated with trading on the OTCBB have
significantly increased particularly in light of the
Sarbanes-Oxley requirements.

SAFE HARBOR

This document contains forward-looking statements as defined
by the federal securities laws which are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may discuss our future
expectations, contain projections of our future results of
operations or of our financial position, or state other
forward-looking information. However, there may be events
in the future that we are not able to accurately predict or control.

Forward-looking statements are only predictions that relate
to future events or our future performance and are subject to
substantial known and unknown risks, uncertainties,
assumptions, and other factors that may cause actual
results, outcomes, levels of activity, performance,
developments, or achievements to be materially different
from any future results, outcomes, levels of activity,
performance, developments, or achievements expressed,
anticipated, or implied by these forward-looking statements.
As a result, we cannot guarantee future results, outcomes,
levels of activity, performance, developments, or
achievements, and there can be no assurance that our
expectations, intentions, anticipations, beliefs, or
projections will result or be achieved or accomplished. In
summary, you should not place undue reliance on any forward-
looking statements.

Contact Information

Contact information regarding this press release is by e-
mail only: jn.nextube@gmail.com.