iPoint-media signs marketing agreement with leading telecom infrastructure vendor

Video application platform to be offered to vendor's worldwide installed base
 

Newbury, UK – November 12, 2007 – iPoint-media (LSE:IPNT), a provider of live IP video calling application and user generated content platforms for mobile broadband, announces the signing of a marketing cooperation agreement with a leading telecom infrastructure vendor. As part of the agreement, the vendor will market iPoint-media's video calling application platforms to its worldwide installed base of mobile broadband telecom operators as a means of increasing video traffic. The directors believe that this agreement is likely to generate significant revenues for the Company over the next 30 months.

As 3G mobile phone handset adoption rates rise, with several countries now approaching 20 percent penetration, operators are in need of services that increase video traffic and encourage more customers to upgrade to 3G. iPoint-media's Vitrage video calling application platform provides operators with the means to easily create and deploy a wide range of live interactive video services including video chats, video blogging and video call centers, as well as the broadcasting of live and recorded user generated content (UGC) to the web, mobile and other forms of media. iPoint-media platforms also offer operators the ability to operate applications and host services for multiple content providers on a single platform.

Muki Geller, iPoint-media's CEO commented:

"iPoint-media's selection by a leading telecom infrastructure vendor demonstrates the power of our Vitrage platform and its growing acceptance as the leading interactive broadband video calling solution. We expect to generate significant revenues on a number of projects as a result of this agreement."

iPoint-media's customers and partners include a variety of top tier companies including IBM, Siemens, Orange, One Italia, CSINFO, BBC and MediaCorp.