NS8 Corp. Launches iWAVE Interactive in U.S. Via Exclusive Partnership With Akimbo


LOS ANGELES, Jan. 15, 2008 (PRIME NEWSWIRE) -- NS8 Corporation ("NS8"), an international provider of broadband video solutions, announced today it has partnered with Akimbo Systems (www.akimbo.com), a leader and pioneer in internet-delivered and downloadable Video on Demand (VOD) content, to launch its iWAVE Interactive ("iWAVE") services in the U.S. for the first time. Akimbo will be the exclusive North American partner for iWAVE and will use the service to power its Internet video storefront and integrated back-end management system.

"As we began to launch our new strategy to focus on superior video delivery systems powering multiple platforms, we looked for a centralized, scaleable and robust video management system to help differentiate us in the market and deliver unparalleled revenue-generating opportunities for our clients. We have found that Akimbo's own innovative technologies, coupled with NS8's iWAVE, have the potential to be a game-changing combination. We look forward to working with NS8 to innovate the web video marketplace," said Thomas Frank, CEO, Akimbo.

Akimbo has developed a turnkey solution for content providers and distributors that allows them to set their own terms and financial models on their own websites and platforms, thus giving them more control and greater opportunity to realize the full revenue-generating potential of their product. In addition, Akimbo offers VOD content on its own website with an array of "channels" organized into genres that include Anime, Health & Wealth, Exploration & Adventure, Family & Fun, and Sports, as well as special interest TV series, animation, movies, documentaries, and music. Akimbo also syndicates one of the largest VOD libraries to MSOs, Telcos, and other secure platforms.

As a technology leader in secure digital publishing, the iWAVE platform enables Telcos, ISPs, and content distributors to increase customer satisfaction and create new revenue business models. Jim Forbes, CEO of NS8, said, "We're proud to expand upon our Asia presence into the U.S. with our newest partner Akimbo and to provide them with a customized and cost-effective means to publish and share video across the Internet."

iWAVE manages the entire logistics process that governs the publication of broadband video from the content owner to the consumer. iWAVE integrates with technology providers that span the entire online video ecosystem, giving media companies the maximum flexibility to design solutions unique to their needs. Customers of iWAVE benefit from a choice of pre-integrated partner technologies, including consumer program guide (CPG), publishing, subscriber management, digital rights management (DRM), advertising, and reporting.

About Akimbo

Akimbo provides a range of services to companies looking to implement TV-quality videos for download on demand over the Internet. The Akimbo Service, delivered to consumers' TVs or PCs, offers a wide variety of specialty content via original content channels and featuring well-known programming brands, as well as rare, difficult to find content.

Akimbo was named to the OnHollywood 100 by AlwaysOn in 2007, as well as in 2006. Akimbo is located in San Mateo, Calif. and is funded by AT&T, Blueprint Ventures, Cisco Systems, Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers, Sprout Group, and Zone Ventures. For more information, visit www.akimbo.com.

About NS8 Corporation

NS8 Corporation (www.ns8.com) develops proprietary Service Oriented Architecture (SOA) based applications, specializing in the areas of digital media publishing and user experience. The company's flagship product, iWAVE Interactive, is an integrated storefront and back-end management system enabling a rich set of online video services, designed to be intuitive for operators and enjoyable for consumers. Telcos and ISPs use iWAVE as a complement to any IPTV deployment, and as a central component of their broadband value-added services strategy. Content Aggregators use iWAVE to create a compelling online video service designed for processing, publishing, reporting, and distributing digital content to PCs and compatible portable devices. Consumers enjoy a dynamic experience for browsing, purchasing, and viewing movies, television, specialty programs, advertising, and other rich media.

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

Consumer Program and Shopping Guide, CPG, Library Distribution Management System, LDMS, NS8, Secure Digital Content Distribution, Security Protocol Integration, SPI, iWAVE Interactive Systems, iWaveMedia, and AdWave 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.



            

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