LOS ANGELES, April 14, 2008 (PRIME NEWSWIRE) -- NS8 Corporation ("NS8") (OTCBB:NSEO), international provider of iWaveTV(tm), the flexible internet video solution (http://www.iwavetv.com), today announced the launch of its iWaveTV Advertising Management System ("AMS") to monetize leading entertainment web sites for True Corporation PLC ("True"). AMS manages the sales of multiple online advertising formats across a variety of web sites.
iWaveTV AMS greatly simplifies advertising space management, tracking, rotation, and targeted campaigns. It is one of several integrated and modular components of the iWaveTV Internet video solution, which consists of: the Library Distribution Management System (LDMS), a central control system to publish videos, manage storefronts, subscribers, pricing, and reporting; the Consumer Program Guide (CPG), an integrated user interface; and the Download Manager (DLM), to manage progressive downloads, playback, and organization of videos for consumers.
Pichit Thanyodom, Enabling Technology Director of True's Multimedia Business, said, "With iWaveTV's AMS, we can effectively manage Internet advertising using a variety of industry standard ad formats across our multiple high traffic entertainment web sites."
The AMS component of iWaveTV was designed to address ever-increasing growth in the online advertising market, which according to industry analysts is expected to grow to $67 billion by 2010.
Jim Forbes, CEO of NS8 said, "We're pleased that True Corporation, one of the largest service providers in Southeast Asia, has successfully completed testing the iWave AMS and will be using it to generate advertising revenue from the approximately 4 million impressions per day their web sites' receive. Unlocking the inherent value in existing customers continues to be a critically important issue for service providers. iWaveTV addresses these new revenue opportunities in a way that provides maximum flexibility and control compared to other platforms in the market."
About NS8 Corporation
NS8 Corporation (www.iWaveTV.com) is focused on its flagship brand iWaveTV(tm), the flexible solution for processing, publishing, and distributing Internet video to consumers. iWaveTV is an Internet Video storefront and e-commerce management solution that enables content and service providers to control their entire deployment, brand, and all the terms with their customers. NS8 software has been deployed across the globe for such companies as Akimbo Systems, True Corporation PLC, and Reeltime Media Ltd.
SAFE HARBOR STATEMENT
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the Company's current views concerning future events, these statements involve risks, uncertainties, and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release.
TRADEMARKS
iWaveTV, Consumer Program Guide, CPG, Library Distribution Management System, LDMS, NS8, and AMS are either registered trademarks or trademarks of NS8 Corporation or its subsidiaries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.