BusinessWire
October 31, 2005 01:00 AM US Pacific Timezone

Nextreaming Powers Pantech's First Satellite DMB Phone; Pantech's PT-S130 Incorporates Nextreaming's Satellite DMB Player

SEOUL, South Korea--(BUSINESS WIRE)--Oct. 31, 2005--Nextreaming, a leading provider of mobile multimedia solutions for operators and handset manufacturers, today announced that its satellite DMB application, NexTV(TM) S-DMB, has been included in Pantech's first S-DMB phone, the PT-S130.

The PT-S130 is one of the most advanced Pantech handsets as it is not only supports DMB, but provides a number of other innovative multimedia features to accelerate the usage of "mobile broadcast TV" in Korea. Nextreaming's NexTV(TM) enables PT-S130 to be equipped with satellite DMB functions including EPG (Electronic Program Guide), PVR (Personal Video Recorder), and snapshot. Moreover, Nextreaming's solution powers all multimedia functions on the PT-S130, including VOD player, MP3 player, and media editor. The multimedia functionality enables the PT-S130 to provide one of the world's most advanced phones with multimedia creation, delivery, playback and editing of video/audio contents.

"PT-S130 is a significant breakthrough in our handset line-up to enable next generation communications," said Dr. Moon S. Song, President & CEO of Pantech&Curitel Communications, Inc. "With the Nextreaming world class multimedia functionality, quality, and reliability we are confident our first DMB phone is a market success. Consequently, we are rolling out more DMB models to deliver consumers various multimedia contents whenever and wherever they want."

"I am honored to be selected by Pantech to support its first DMB phone," said Dr. IL-TAEK LIM, President & CEO Nextreaming. "As Korean DMB services have recently begun, it is clear that handsets which have the best multimedia technologies and solutions will be market leaders. Nextreaming enables our partners to develop and provide handsets with these advanced multimedia solutions on time and with the highest quality. We have been dedicated ourselves to this mission and through over 20 successful commercial deployments all over the world."

Features powered by NEXTREAMING

-- VOD Player

-- 2M Pixel camera, camcorder

-- MP3 Player

-- Media Editor

-- Satellite DMB Player

About Nextreaming Corporation

Nextreaming is a leading provider of embedded multimedia solutions for mobile phones and other wireless devices. Nextreaming's products enable mobile phones to be equipped with camera, camcorder, VOD player, music player, TV, media editor, and video telephony. With Nextreaming's cutting edge products, mobile users can enjoy any type of audio and video contents on their mobile phones and communicate in advanced ways anytime, anywhere. Nextreaming's products and technology have been approved by actively participating in IMTC, MPEG, 3GPP, and 3GPP2. Nextreaming's powerful and reliable products have been successfully deployed into more than 20 commercial mobile phones. For more information, visit http://www.nextreaming.com/.

About Pantech

Pantech, through its affiliates -- Pantech Co., Ltd., Pantech&Curitel Communications, Inc. and Pantech C&I Inc -- is ranked second in the South Korean domestic market and marked as the seventh largest mobile handset manufacturer in the world. Pantech is also recognized as one of the world's fastest growing providers of mobile communications solutions. Pantech has been responsible for a number of breakthrough innovations in the mobile technology sector, including the introduction in 2004 of the world's first fingerprint recognition camera phone, as well as award winning camcorder and MP3 phones. In May 2005, Pantech affiliate Pantech&Curitel Communications, Inc. announced the acquisition of SK Teletech Co., Ltd., the fourth largest handset manufacturer in the Korean market. SK Teletech was originally the handset-manufacturing arm of SK Telecom, number one mobile network operator in Korea. Under the terms of the acquisition agreement, Pantech and SK Telecom plan to collaborate in joint research and development initiatives and will work together in the global expansion of their respective businesses into overseas markets, The SKY brand, marketed by SK Teletech, is the most popular premium handset brand in Korea. In August 2005, to facilitate the goal of Pantech becoming one of the world's top five mobile handset brands, Pantech Co. and SK Teletech were merged under the Pantech organization. Pantech collectively has about 5,000 employees and a total of 20 regional sales offices worldwide. For more information on Pantech, please visit: www.pantech.com or www.curitel.com.

About Satellite DMB (S-DMB)

Satellite DMB (Digital Multimedia Broadcasting) is the new service providing the digital contents transferred from satellites to personal portable devices, such as mobile phones, PDA, or other handheld devices. S-DMB for mobile phones has launched in May, 2005 in Korea and mobile users can easily enjoy "Take-out TV" on their own mobile devices whenever and wherever they are. S-DMB has opened an innovative personal broadcasting era.