Move Networks

Move Networks Acquires Inuk Networks

Acquisition will accelerate “TV everywhere” by enabling a true television experience on any broadband enabled device

NAB, LAS VEGAS, NV and AMERICAN FORK, UT – April 22, 2009 – Move Networks, a leading provider of Internet television services, today announced that it has acquired Inuk Networks, a leading triple-play service provider based in the UK. Inuk has developed a next generation television platform, which builds on the traditional television experience, but opens new opportunities for monetizing customers with targeted advertising, converged applications and a unique PC/Mac multi-room solution. Through the acquisition of Inuk, Move Networks is accelerating the realization of TV everywhere by enabling television experiences on PCs and broadband enabled devices.

Today, Move Networks enables leading broadcasters including ABC, FOX, The CW, ESPN360, ProSieben, and Televisa to deliver live and on-demand high-quality video to PCs and other web-enabled devices with a fast start, high-fidelity images, and no buffering—giving viewers the highest-quality viewing experience on the Web.

Inuk’s wholesale IPTV platform can be white-labeled by any service provider or retail brand aspiring to deliver a TV service to its customers and the “igloo” virtual Set-Top Box application provides a multi-room solution for PCs and Macs.

By adding Inuk’s IPTV platform and virtual Set-Top Box solution for PCs and Macs to its video publishing system and adaptive streaming technologies, Move Networks is able to deliver service providers, broadcasters and consumers a true TV experience over the open Internet and closed networks, using a mix of both multicast and rate adaptive video delivery. This HD and SD video processing platform will be the most complete IPTV solution combining high-fidelity viewing, functionality, and enhanced features. Broadcasters and operators will be able to offer viewers an Internet television experience with high-definition video and no buffering or skipping, in a TV-like interface with features you would expect on a digital TV service such as immediate channel change, Electronic Program Guide (EPG), on-screen overlays, reminders, PVR and access to a VOD menu.

“Inuk’s IPTV platform is well positioned to deliver these new consumer expectations and Move Networks proprietary adaptive streaming and video publishing platform delivers an HD viewing experience via the current Internet infrastructure today,” said John Edwards, executive chairman of the board for Move Networks. “This means Move Networks and Inuk have the critical components in place to support commercial deployments.

“The Move-Inuk combination is a perfect marriage of technologies and business models,” said Marcus Liassides, CEO and President of Inuk Networks. “We will offer a solution that augments traditional linear-based programming allowing more consumers to experience television on their own schedules for a personalized viewing experience. We are excited to serve those consumers with a true two-way interactive television service.”

Inuk also provides IPTV services through its branded platform Freewire to the on-campus, halls of residence market at universities in the United Kingdom, Ireland and Canada. Move Networks is committed to developing and growing the Freewire platform, which will launches in the USA and Nordic region later in 2009.

About Inuk Networks

Inuk Networks Limited is a triple-play service provider which has capitalized on the rapid growth of broadband technologies by developing a platform for the distribution of broadcast quality TV and carrier-class telephony over closed IP-based networks. Please visit www.inuknetworks.com for more information.

About Move Networks

Move Networks, Inc. is a leading provider of Internet television services that drive the growth and support of online audiences for leading broadcasters and publishers including ABC, FOX, the CW, ProSieben, and Televisa. The video technologies and services developed and managed by Move Networks enable leading brands to deliver live and on-demand programming to millions of people without the buffering, stalling, and low-quality viewing experiences common with competing technologies. Please visit www.movenetworks.com for more information.

Contact:

Mary Kay Crocker
Move Networks
mkcrocker@movenetworks.com
(801) 592-5575

Nick Ruczaj
Inuk Networks
nick.ruczaj@inuknetworks.com
+44 (0)7900 898 852

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