Business Services Industry

SmartVideo Partners with IFILM to Deliver Entertainment Programming to Smartphones Worldwide; IFILM Provides Clips, Trailers, Videos and Short Movies to Handsets

Business Wire, Feb 15, 2005

ATLANTA and LOS ANGELES -- SmartVideo Technologies, Inc. (OTCBB: SMVD) continues to enhance its dynamic lineup of live and on-demand television programming for cellular smartphones, adding film, music videos and action sports content, through a partnership deal with IFILM, one of the leading video-entertainment destinations on the Web.

IFILM offers a variety of channels spotlighting movies, short films, TV clips, video-game trailers, music videos, action sports and its celebrated Viral Videos collections. IFILM highlights are now available on smartphones and PDAs running the SmartVideo service. IFILM.com is cited as one of the top 10 streaming media sites.

SmartVideo is the only company with the technology to deliver full-motion, fully synched video and audio to the 50 million owners of current-generation smartphones. Content packages include programming from ABC News, NBC News, The Weather Channel and premium content from DIC Entertainment, with more programming being added regularly. To view content samples on a mobile device and subscribe to this groundbreaking new service, log on to the SmartVideo Web site at www.smartvideo.com or enter www.windowsmedia.com/mobile on a smartphone or smart PDA. Subscriptions for IFILM, and other programming, start at just $12.95 per month.

"Distributing IFILM's content on mobile phones is extremely important to us, and we're delighted about our deal with SmartVideo," said Blair Harrison, CEO of IFILM. "Through SmartVideo, consumers can access our huge library of the best video on the web, no matter where they are. This is a big step towards our goal of making IFILM available everywhere."

"Adding IFILM to our arsenal of entertainment content is truly an exciting development," said Richard E. Bennett, Jr., president and CEO of SmartVideo. "IFILM is a significant building block for our entertainment bundle. We will be adding even more entertainment, lifestyle, and sports programming soon."

Media Consulting Associates (MCA), a leading entertainment consultancy consisting of well-known television executives specializing in content placement, distribution and production, negotiated the agreement between IFILM and SmartVideo. MCA is based in Los Angeles, CA. MCA members include Herman Rush (former CEO, Columbia Pictures Television Group), Joe Indelli (former Vice President, Orion Television Distribution), Jerry Katzman (former President, William Morris Talent Agency), and Ave Butensky (former President, Television Bureau of Advertising).

About IFILM

The IFILM Network is a leading video entertainment destination on the Web, offering channels of movies, short films, TV clips, video game trailers, music videos, and its celebrated "Viral Videos" collection. Through its distribution partners including Real Networks, WindowsMedia, Fandango and IGN/Rotten Tomatoes, the IFILM Network reaches over twenty million buzz-building visitors per month. The Network offers unique brand-building programs for blue-chip advertising partners spanning the automotive, beverage, consumer packaged goods, movie studio, television and cable network, technology, and video game categories. IFILM is a privately held company based in Hollywood, California with investors that include Axiom Ventures, Inc., Eastman Kodak Company, Liberty Digital, Rainbow Media, Sony Pictures Entertainment, and Vulcan Ventures, Inc.

About SmartVideo

Based in Norcross, Georgia, SmartVideo Technologies, Inc., a Microsoft Windows Media(R) 9 Series Certified Hosting Provider, is a leading provider of turnkey digital media solutions that allows for the management and distribution of high quality live or on-demand video to mobile devices. SmartVideo now offers the first cross platform/cross carrier service for aggregating live content for consumers around the globe. SmartVideo's robust library of content includes national networks and local affiliates, news, weather, sports, children's programming, movies and many other content genres. SmartVideo's mobile video solutions provide exceptional image quality on all existing 2.5g and Edge cellular networks, as well as future 3g networks. SmartVideo clearly provides great value to both consumers and carriers. The Company's stock is traded on the OTC Bulletin Board under the symbol SMVD.OB. For additional information and to subscribe to SmartVideo's Live TV content packages visit our Web site at www.smartvideo.com or using your Smartphone visit www.windowsmedia.com/mobile.> Forward Looking Statements

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "intend," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, the inability of SmartVideo to obtain the additional financing needed to fund operations, the failure of SmartVideo to convert its present and future customer contracts into profitable arrangements for SmartVideo, unexpected costs, delays and other difficulties related to the timing and success of product development and marketing plans, adverse changes in the market for the delivery of full-motion, streaming video content, the failure of SmartVideo's hosting infrastructure, the complexity of SmartVideo's services and delivery network, pricing and other activities by competitors, difficulties involved in retaining and motivating key personnel and other risks detailed in SmartVideo's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, SmartVideo undertakes no obligation to update these statements for revisions or changes after the date of this release. Microsoft, Windows Media, Powerpoint and Windows are registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.