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Status: U From: "SecureMedia Announcements" <[EMAIL PROTECTED]> Subject: Announcement: Picosoft Licenses SecureMedia's Encryptonite System for VOD To: [EMAIL PROTECTED] List-Help: <http://www.mailermailer.com/x?oid=03871k>, <mailto:[EMAIL PROTECTED]> List-Subscribe: <http://www.mailermailer.com/x?oid=03871k> List-Post: NO Date: Thu, 21 Mar 2002 10:02:26 -0500 (EST) FOR IMMEDIATE RELEASE Contact: Whit Jackson SecureMedia (www.securemedia.com) (415) 563-1800 [EMAIL PROTECTED] Picosoft Licenses SecureMedia’s Encryptonite System™ to Secure Broadband Video-On-Demand System - Encryptonite™ to Protect DVD-Quality Video Delivered through ADSL Set-Top Box BOSTON, MA – March 21, 2002 – SecureMedia, Inc., a leading provider of encryption and Digital Rights Management (DRM) technology, announced today that Picosoft Co., Ltd., a leading application software developer based in Korea, has licensed SecureMedia’s Encryptonite System for use in Picosoft’s new broadband Video-On-Demand system and ADSL set-top box. The Encryptonite System will provide high security content encryption, key management, and rights enforcement for digital content delivered through the Picosoft system. The Encryptonite System secures virtually any media type (ex. MPEG-2, MPEG-4, On2’s VP4, RealMedia, MP3, etc.) for streaming and download distribution over IP and other digital data networks. As an open platform solution, the Encryptonite System also integrates readily with multiple hardware platforms and third party applications (e.g. e-commerce, billing, subscriber management, media asset management, etc.). Picosoft’s VOD system and set-top box will be capable of delivering DVD-quality video at connection speeds under 1 Megabit per second. The system employs the revolutionary VP4 video compression codec from On2 Technologies (AMEX: ONT) along with On2’s playback and TrueCast server software. The set-top box is built on Equator Technologies’ Dolphin reference design platform, which is based on the MAP-CA Broadband Signal Processor chip. The Picosoft set-top box is designed for the Korean ADSL market and will also be sold in other Asian markets. “Korea has more than 4.5 million ADSL subscribers, and we are extremely pleased to have been chosen by Picosoft to provide the essential content security infrastructure for their VOD system. The end users of the Picosoft system will experience the best that broadband can offer in terms of the instantaneous delivery of the highest quality video with the ability to pause, rewind and fast-forward playback at will,” said Jack Oswald, CEO of SecureMedia, Inc. “Picosoft chose SecureMedia’s Encryptonite System™ because it supplies comprehensive, high security encryption and rights management while also providing the flexibility to integrate easily with our other best of class component suppliers. We had evaluated other DRM suppliers, but SecureMedia was the only supplier who could deliver a cost effective solution for the set-top box we intend to deploy. With the Encryptonite System, Picosoft has completed a VOD solution that will allow service providers and content owners to satisfy the growing demands of broadband customers for enhanced, on-demand entertainment services,” said Joohan Yoo, CEO of Picosoft Co., Ltd. Douglas A. McIntyre, President and CEO of On2 Technologies added, “We are proud to have been selected by Picosoft for their ADSL VOD service based on the superior performance of our VP4 codec over competing technologies. Working with SecureMedia is an added benefit as we will integrate their Encryptonite System with our leading compression technology to provide the highest quality and highest security video distribution platform.” About SecureMedia, Inc. SecureMedia (http://www.SecureMedia.com) is a leading provider of encryption and rights management solutions for the delivery of IP Broadband Media, focusing on Video-on-Demand solutions in streaming and download modes. The Company provides a range of content security solutions from the comprehensive Encryptonite System to software toolkits, hardware cores and plugins for third party media delivery systems. SecureMedia’s customers represent industry leaders such as RealNetworks (NASDAQNM:RNWK), Oak Technology (NASDAQNM:OAKT), NTT (NYSE:NTT), DivXNetworks, King Biscuit Entertainment Group, Tranz-Send Broadcast Network, InvisiMail Ltd., MediBridge and Communicado/Satlink. SecureMedia’s investors include CB Capital Funds LLP, SONY Corp. (NYSE:SNE), Macrovision Corp. (NasdaqNM:MVSN) and Trans Cosmos Inc. About Picosoft Co., Ltd., Picosoft (KOSDAQ:PICOSOFT) (KOSDAQ:39580.KQ) is a leading information technology company providing application software, online wagering solution, interactive gaming services, and digital set-top box for VOD services. Since its foundation in 1993, Picosoft has concentrated on developing user-oriented software and providing professional services specifically for small and medium companies. From 2001, Picosoft extended business area to Digital Media Services like VOD related services, DVD publishing system. The Company provides an interactive gaming solution that enables large scale transaction processing and network integration to domestic game service provider. (http://www.picosoft.co.kr) About On2 Technologies, The Duck Corporation On2 Technologies (AMEX: ONT) is a leading technology firm at the forefront of video compression. The Company revolutionized video encoding with the creation of its advanced full-motion, full-screen, video compression and streaming technology (TrueMotion® VP3/VP4/VP5). On2 licenses its high quality video codecs for use in set-top boxes, consumer electronics devices and wireless applications. In addition, On2 offers a suite of products and services, including high-level video encoding, customized technical support, and consulting services. Headquartered in New York City, the Company has an office in Albany, NY, and operations in London, UK, and Seoul, Korea. On2 may be reached at 145 Hudson Street, New York, NY 10013, telephone 917-237-0500 or [EMAIL PROTECTED] Investor inquiries should be sent to [EMAIL PROTECTED] -- To unsubscribe/change profile: http://www.mailermailer.com/x?u=3448821,$1$QgDRY$N3l9OzY8HnUZsUBxJkW9p%2e To subscribe: http://www.mailermailer.com/x?oid=03871k Email list management powered by http://MailerMailer.com --- end forwarded text -- ----------------- R. A. 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