Exhibit 99



News Release
Urban Television Network Corporation
2707 South Cooper,  Suite 119
Arlington, Texas   76015


                              FOR IMMEDIATE RELEASE
                                  (817) 303-7449



      Carl Olivieri Resigns as Executive Vice President and Director of
      Urban Television Network Corporation Board
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Fort  Worth,  Texas,  November 3, 2006:  Urban  Television  Network  Corporation
announced  that on October 27, 2006 Carl  Olivieri  resigned as  Executive  Vice
President and as a director of Urban Television Network Corporation.

In submitting  his  resignation,  Mr.  Olivieri said "It has been an honor and a
privilege  to work with each and every one of you and I wish all the best in the
future.

Commenting on Mr.  Olivieri's  resignation,  Jacob Miles CEO of Urban said: "Mr.
Olivieri has been a valued and highly effective officer and director,  providing
strong  counsel and  leadership.  We regret his decision to resign as an officer
and director,  but we thank him for his  outstanding  service to our company and
wish him well in his future endeavors."

About Urban Television Network Corporation:
Fort Worth,  Texas based Urban  Television  Network  Corporation is the nation's
first and only  minority  certified  television  network  composed of  broadcast
television  station affiliates across the country.  Programming  provided by the
network via satellite  transmission is specifically  targeted to America's urban
market  comprised of African  Americans,  English-speaking  Hispanics  and other
Urban American  consumers.  For additional  information  about Urban  Television
Network Corporation visit us on the Internet at http://www.uatvn.com.

Urban Television  Network  Corporation shares are traded on the over the counter
bulletin board exchange under the symbol URBT.