Nextreaming Successfully Provided DVB-H Media Player for World's First DVB-H Phone

SEOUL, South Korea--(BUSINESS WIRE)--June 5, 2006--Nextreaming (www.nextreaming.com) has successfully provided NexPlayer(TM) -- the media player -- for one of the first commercialized DVB-H (Digital Video Broadcasting -- Handheld) handsets. This handset model is for both Telecom Italia (TI) and 3 Italia & Hutchison (H3G) with capability of providing world's first commercial DVB-H service, which is a type of mobile TV. The successful launch of the above mentioned model to the market marks another milestone for Nextreaming to firmly position Nextreaming as the leading provider of mobile TV technologies and as the only solution provider with commercial reference for all three types of mobile TV services including Satellite DMB, Terrestrial DMB and DVB-H.

Dr. Il-Taek Lim, President & CEO of Nextreaming, said, "We are providing our customers with various mobile TV solutions, which are ranging from streaming media player to Terrestrial DMB and DVB-H solutions. Through collaboration with leading handset and chipset makers, we will try our best to develop customer oriented solutions to meet wide range of customer demands."

About Nextreaming.

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 TV, camera, camcorder, media player, music player, media editor, and video telephony. For more information, visit http://www.nextreaming.com/.