PacketVideo Unveils First Solution for Microsoft PlayReady, Microsoft's New Content Access Technology

Business Wire,  Feb 12, 2007  

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PacketVideo Continues Emphasis on Quality User Experience

BARCELONA, Spain -- PacketVideo demonstrated today for the first time its upcoming implementation of Microsoft PlayReady, Microsoft Corp.'s new content access technology that enables a broad range of innovative business models for digital entertainment.

PacketVideo, which partners with leading mobile operators to deliver high quality end-user multimedia experiences, has worked closely with Microsoft in the months leading up to the Microsoft PlayReady announcement to develop the demonstration that appears in both companies' booths here this week. PacketVideo is integrating Microsoft PlayReady technology into its industry-leading multimedia client framework, with the ability to support a number of multimedia services, including protected music downloads, video streaming, live TV, and ringtone and wallpaper downloads.

PacketVideo's embedded client supports virtually all mobile operating systems, meaning its implementation of Microsoft PlayReady is easily portable to a variety of platforms.

Content types supported include music, video, games, ringtones, and images, and format support includes AAC, AAC+, HE-AAC, h.264, WMA, and WMV. Microsoft PlayReady technology supports business models such as purchase, rental, pay-per-view, preview, subscription and super-distribution for many content types.

"This cooperative effort between PacketVideo and Microsoft will help our operator customers achieve more sophisticated digital entertainment offerings that will improve their subscribers' mobile media experience," said PacketVideo CEO James C. Brailean, Ph.D. "Microsoft PlayReady will have an immediate and positive impact on the mobile entertainment market."

"PacketVideo's emphasis on a high-quality user experience and its long history of successful implementation of Windows Media DRM made it the right choice to showcase Microsoft PlayReady here at 3GSM," said Chadd Knowlton, general manager, Consumer Media Technology Group at Microsoft. "Microsoft PlayReady is all about making sure that users have the flexibility to enjoy, share and manage the content that makes their mobile phone a centerpiece to their lifestyle."

PacketVideo's implementation of Microsoft PlayReady technology can be seen in the PacketVideo booth (Hall 1, Booth 1C09) or in the Microsoft booth (Hall 1, Booth 1D19).

About PacketVideo: For nearly a decade, PacketVideo, a subsidiary of NextWave Wireless Inc. (NASDAQ:WAVE), has been the software innovator helping mobile carriers and mobile device manufacturers bringing dazzling - and profitable - new multimedia features and services to their end-users. With more than 150 design wins and 100+ million PacketVideo-powered units deployed around the world, PacketVideo has the deepest, broadest and most respected multimedia software expertise in the industry. Founded in 1998, PacketVideo is headquartered in San Diego, California with regional offices in the U.S., Japan, Europe and India.

Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" for purposes of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual events or results could differ materially from the events or results predicted or from any other forward-looking statements made by, or on behalf of, PacketVideo, and should not be considered as an indication of future events or results. Important factors that could cause actual events or results to differ materially include: our ability to develop and commercialize new products and services; our ability to enter into and maintain customer relationships; changes in capital requirements; and other risks described in filings of our parent company, NextWave Wireless Inc. (NASDAQ:WAVE) with the Securities and Exchange Commission. These risks and uncertainties, as well as others, are discussed in greater detail in the filings of NextWave Wireless Inc. with the Securities and Exchange Commission. All such documents are available through the SEC's website at www.sec.gov. PacketVideo and NextWave Wireless Inc. make no commitment to revise or update any forward-looking statements in order to reflect changes in events or circumstances after the date any such statement is made, except as may be required pursuant to applicable law.

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