LOS ANGELES -- NS8 Corporation (OTCBB:NSEO) announced today that its digital media division, iWave Interactive, has signed a multi-year video on demand (VOD) content distribution agreement with True Corporation Plc, Thailand's only fully integrated communications carrier and the leader in convergence solutions. The distribution agreement will provide True with iWave IPTV content consisting of HD (High Definition) programming such as IMAX films and documentaries, popular American music videos and concerts, international sports and special event programming, travel and other speciality content for distribution over True IPTV networks.
iWave, a leading broadcast management service of digital content over Internet enabled networks, will be one of the first end-to-end digital content distribution companies to provide high definition content over IP networks in Asia Pacific. "Thailand is one of the most important and modern technology markets in Asia Pacific. We are excited to be working with a large market leader like True and provide them with high definition and other premium digital programming for their IPTV service," says Carl Segal, Executive Vice President of NS8.
According to recent statistics from research firm Dittberner Associates, the number of IPTV subscribers is expected to grow from about 2 million globally at the end of 2005, to 53 million in 2013. According to research published by Informa Telecoms & Media, the Asia Pacific region will account for the fastest growth in global VOD revenues, which are predicted to grow from $262 million in 2005 to approximately $1.2 billion in 2010. The Asia Pacific market currently has approximately 18 million VOD or NVOD households, and is expected to grow to 125 million by 2010, surpassing North American households.
About True Corporation Plc
True Corporation Public Company Limited is Thailand's only fully-integrated communication solutions provider, convergence solutions leader and premier lifestyle enabler. We provide consumers, small and medium enterprises, and corporations with a full range of voice, data and multimedia solutions customized to meet their needs. We are the largest wireline service provider in Bangkok, the largest broadband provider in the country and a major player in the wireless, cellular and Internet markets. Principal subsidiary companies in the True Group include UBC, Thailand's dominant pay television operator, and True Move, a major mobile phone service provider. True is more than just technology; we are about passion, innovation and service. We bring people together and provide fulfillment through communications. We give people the freedom to live different lifestyles, by providing them with the power to communicate as well as access knowledge, information and entertainment, whenever, wherever, and how they like. Everyday we work in partnership with our customers to develop solutions that can lead to opportunities, and add value to their lives at home, in the office and on the move. For more information please visit: http://www.truecorp.co.th.
About NS8 Corporation
NS8 Corporation (www.ns8corp.net) is a digital interactive media distribution company that specializes in the development of server-based technologies in the areas of content licensing, digital media publishing and royalty distribution management, including interactive consumer viewing systems for Internet on-demand applications for PC, IPTV and other portable media devices.
iWave Interactive Systems (www.iwave.tv) is a division of NS8 Corporation that specializes in providing turn-key broadcast management services of digital content over Internet enabled networks. iWave combines NS8's proprietary server based technologies for use by content owners, media distributors, and telecommunication companies to provide a powerful solution for processing, publishing, reporting and distributing content to consumers over a PC, IPTV or portable wireless environment.
Safe Harbor Statement
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company's beliefs and the assumptions it made using information currently available to it. Because
these statements reflect the Company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release.
Trademarks
Consumer Program and Shopping Guide, CPG, Library Distribution Management System, LDMS, NS8, Secure Digital Content Distribution, Security Protocol Integration, SPI, and iWave Interactive Systems, iWaveMedia, AdWave are either registered trademarks or trademarks of NS8 Corporation or its subsidiaries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
NS8 Corporation (OTC Bulletin Board:NSEO)
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