LOS ANGELES, April 18, 2008 (PRIME NEWSWIRE) -- NS8 Corporation ("NS8") (OTCBB:NSEOE), international provider of iWaveTV(tm) -- the flexible Internet video solution (http://www.iwavetv.com), today announced that it has engaged in the exploration and evaluation of strategic alternatives including investment opportunities, as well as a possible merger or sale of all or part of its business.
The NS8 business model has been premised as an independent company. With the recent market attention focusing on Video over the Internet, IPTV, it is appropriate and advantageous to explore strategic partnerships that would enable NS8 to maximize the full potential of its Internet Video on Demand -- or iWaveTV solution. NS8's patent-pending features of Service Oriented Architecture "SOA" employing Flash technology bring a substantive platform design to potential partners. NS8's decision to explore strategic alternatives reflects management's and the Board's commitment to maximizing shareholder value. The Company notes that there can be no assurance that the review of strategic alternatives will result in a transaction of any nature.
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.