----Q Television
Network (Pink Sheets: QBID), announced today that it will launch a
selection process for an internet advisory committee.

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Business Editors

NEW YORK----Fitch Ratings today
published a special report, 'MBIA: Q+A Discussion of Recent Events ,'
which is available now on the Fitch Ratings website,
www. International parties can
access the call at 303-262-2140.

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fitchratings. PT

Parties in the United States and Canada can dial 800-218-4007, access code
11028062, to participate in the teleconference.

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qtelevision.

About Q Television Network: This television network was organized
to create and develop a network devoted to providing television
programming for the gay and lesbian community.

How to Participate:

PlanetOut 1Q05 Results Teleconference
May 4, 2005
4:30 p.

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"In an effort to stay true to what the GLBT community wants, we
are looking to select three candidates from each state across the
country," said Frank Olsen, President and CEO of Q Television Network . While the company
expects much of its subscriber base to be comprised of members of the
gay and lesbian population, management also believes that quality
programming about the gay and lesbian experience , designed to
entertain, educate and inform, will attract many other segments of the
viewing public . The company serves its growing base of more than
3.

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The committee's
responsibility will be to inform Q Television about how its shows are
being received by the GLBT community. SAN FRANCISCO , PlanetOut Inc.

About PlanetOut Inc.
PlanetOut Inc. is a leading global online media company offering consumer
services, news and entertainment to the lesbian, gay, bisexual and transgender
(LGBT) community.com,
PlanetOut.

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PlanetOut Inc. to Report First-Quarter 2005 Results on May 4 2005

com, and Kleptomaniac.

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com).

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The company's programming will be available on a
subscription basis to those desiring its programming.

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To access the report, go to www.

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and its parent company , MBIA Inc.

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qtelevision. The
company's management will host a teleconference and live webcast for all
investors to discuss the results. PlanetOut, based in San Francisco,
offers FORTUNE 500 advertisers access to what it believes to be the most
extensive network of gay and lesbian people in the world .

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com
The special report addresses specific questions Fitch has received
from investors and other interested parties related to its ratings of
MBIA Insurance Corp.com then link to
'Financial Institutions ' then 'Insurance' then 'Special Reports.
"We want Q to be a true reflection of the GLBT community , and we feel
this is the best way to serve their needs. Such
matters involve risks and uncertainties that may cause actual results
to differ materially, including the following: changes in economic
conditions; general competitive factors; the television network's
ability to execute its business model and strategic plans; and the
risks described from time to time in the company's Securities and
Exchange Commission filings.
A brief slide presentation will be utilized during the call and webcast
from the "Investor Center" section of the company's corporate website
(http://www .

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m.4 million active members worldwide through a comprehensive group of branded
businesses featuring diverse chat, news, entertainment, travel, dating,
personal finance, career, shopping and community services at Gay.

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The network hopes to have the advisory board operating very
soon.

Information and resources for gay, lesbian, and bisexual Quakers.

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com.

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A telephonic replay is also
available for two weeks after the live call at 800-405-2236 (international
parties dial 303-590-3000), access code 11028062.

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"
Q Television will be placing an application form on its web site
(www.m.

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fitchratings .

Business Editors/TV/Cable Writers

PALM SPRINGS, Calif.com) where all active members of the GLBT community
can apply. The network will
broadcast 24 hours per day, 7 days per week.

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For further
information on programming and subscriptions, please visit
www.planetoutinc.

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Q Television Network to Select an Internet Advisory Committee from the -GLBT- Gay Lesbian Bisexual Transgender Community

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It is expected to convene over the internet every other week
initially, and then change to a monthly meeting. ET/1:30 p.

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The report is being released in light of recent media and market
attention directed at MBIA following regulatory investigations and the
company's recent accounting adjustment.
PlanetOut encourages you to review the site to ensure that your computer
is configured properly to access the webcast.

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Fitch Issues Special Report on MBIA Addresses Questions

Providing distribution
via satellite ensures availability of the network across the United
States, including Alaska, Hawaii and Puerto Rico.com

Safe Harbor Statement

As a cautionary note to investors , certain matters discussed in
this press release may be forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
(Nasdaq: LGBT) plans to announce its financial results for the first quarter
ended March 31, 2005 after the close of market on Wednesday, May 4 , 2005.