KTF adopts SolidStreaming software for wireless multimedia services

date: December 18, 2001

To support a major effort by Korea Telecom FreeTel (KTF) to create and launch wireless internet and multimedia services, SolidStreaming today announced that it has entered two Memorandum of Understandings (MOUs) with KTF, a subsidiary of Korean Telecom, as the wireless operator's solution provider for its wireless multimedia or video-on-demand (VOD) services to KTF's more than eight million subscribers.

The two MOUs intend to cover multiple platforms KTF deploys today and in the near future, such as 3G-based services. Under the MOUs, SolidStreaming, a provider of wireless streaming audio, video and data compression software, will deploy its SolidStream system of server and player software on KTF's network and handsets, respectively, as well as, offer an encoding solution for content providers seeking to develop applications and content for KTF's VOD service.

SolidStreaming will also strategically partner with local systems integrators and professional services companies to provide end-to-end solutions to handset manufacturers and the content community to support the launch of KTF's services. KTF expects to launch its first commercial service in early 2002.

"SolidStreaming has a comprehensive end-to-end solution that will enable KTF to create and offer VOD services to our subscribers over our current network and provides an easy path of migration for the introduction of new 3G-based services," said Dr. Tae- Hyo Ahn, KTF's managing director, Korea Telecom FreeTel. "We look forward to a long-term partnership with SolidStreaming to create customer-driven applications for wireless multimedia data services"

"We believe that KTF's selection of our technology demonstrates its viability as the standard for operators globally to bring relevant, new data services to their subscribers on today's, as well as, tomorrow's network environment," said Edward Bronson, President and CEO, SolidStreaming. "KTF has been a world pioneer in adopting wireless internet applications and we are committed to partnering with them to drive acceptance of wireless multimedia and revenue growth in the Korean market."

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