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MARKET MAKER MANIPULATION KINGS AND QUEENS HERE...
lets hope it's not a reverse split.
me thinks nextwave has a BIG PLAN to get over one dollar . JMHO
Now that this most likely has its extension, on forward to $1.00 again eom
AmericanBulls posted a buy for WAVE!
http://www.americanbulls.com/StockPage.asp?CompanyTicker=WAVE&MarketTicker=NASD&TYP=S
Not sure what happened at the last minute of the day, but we're still green for the day.
Looks like someone sold 200 shares @ .3705 right at market close... hmmm....
I am hoping the news will reverse the trend.
mo
Looks like the bleeding should finally reverse, cool.
PacketVideo Partners With TELUS To Bring Canada’s First Over-the-Air, DRM-Free Music Service To Mobile Subscribers
PacketVideo (PV) announced today at Mobile World Congress that it is partnering with TELUS to power Canada’s first over-the-air, DRM-free music service for mobile subscribers.
Canadians now have the freedom to play back music purchased from the TELUS Music shop on any of their digital music capable devices. DRM-free music expands the TELUS music experience by enabling clients to transfer the music they buy from TELUS to their own electronic devices including cell phones, smartphones or PCs.
As part of this service upgrade, PV will continue to host and support the TELUS Music shop based on PV’s MediaFusion™ platform. MediaFusion is a white-label server-client solution for rich media applications, supporting next generation purchase- and subscription-based business models.
PV and TELUS partnered initially in 2006 to enable users to sideload DRM-protected music tracks from a PC to mass market Java phones. The PC software and Java music client on the phone were both developed by PV based on its patented SDC DRM technology.
Current TELUS Music shop users can also enjoy the benefits of DRM-free music by easily upgrading eligible DRM music files they already have in their collections. The upgrade can be done through the TELUS media player or via any DRM-free capable handset for $0.30 per track.
“Our work with TELUS demonstrates the vast breadth of capabilities and business models PV is able to support through its MediaFusion rich media platform,” said Jim Brailean, Ph.D., CEO of PacketVideo. “Working with PV, TELUS was able to quickly and seamlessly make the move to a DRM-free model. Our objective with MediaFusion is to enable operators to consistently evolve and adapt their services in order to meet the needs of the industry at large and their customers. We’re excited to support the new DRM-free music offering alongside our partner.”
TELUS Music shop offers more than 2.5 million chart topping and catalog favorite tracks and albums including today’s most popular English and French artists. Music tracks are available for $0.69, $0.99, or $1.29. Full albums are also available for purchase.
http://www.thestreet.com/story/10681187/1/packetvideo-partners-with-telus-to-bring-canada8217s-first-over-the-air-drm-free-music-service-to-mobile-subscribers.html?cm_ven=GOOGLEFI
These guys have a PR out at 3 a.m. on Presidents Day? That's cool.
About the recent news!
PacketVideo Partners With TELUS To Bring Canada's First Over-the-Air, DRM-Free Music Service to Mobile Subscribers
TELUS seems like a pretty big deal...
TELUS stock quote/etc:
http://www.google.com/finance?client=ob&q=NYSE:TU
PacketVideo and millmo Announce eBook Application Based on SDC DRM for Android Handsets in Japan
millmo Book Player Slated to Arrive in Spring 2010
BARCELONA, Spain & TOKYO & SAN DIEGO, Feb 15, 2010 (BUSINESS WIRE) -- PacketVideo (PV) announced today that it is working with millmo to launch a new eBook application for Android handsets based on PV's SDC DRM technology. The millmo Book Player is slated to arrive to the Japanese market in spring 2010.
The millmo Book Player application will use SDC DRM to enable users to purchase, manage and browse eBooks using their Android handsets. Users will be able to purchase eBooks from the "millmo.jp Comic Store" and "millmo.jp Photo Store," and download the content directly to SD memory card. Once downloaded, users can easily browse the content using the millmo Book Player's library feature, which also enables sorting of eBooks by author and title. PV and millmo collaborated to develop the secure eBook solution, which runs on PV's MediaFusion content delivery platform.
"PV and millmo have enjoyed a productive partnership since millmo Corporation was founded, enabling PV's technologies to be incorporated in secured multimedia contents and applications for Android Handsets in Japan," said Toshiya Yokochi, President, millmo Corporation. "The first case is the millmo Book Player and our strategic alliance with PV is enabling millmo to expand more contents and applications to strengthen our position in advanced multimedia services in Japan."
"PV's SDC mobile DRM technology and MediaFusion platform is flexible and supports a wide range of premium content business models, making it well suited for the eBook service offered by millmo," said Kazunori Takagi, President of PV Japan. "We are excited to provide a new way for Android users to enjoy their favorite books, comics and literature."
PV will provide additional details on the millmo Book Player at the upcoming Mobile World Congress trade show, which will be held in Barcelona beginning Feb. 15, 2010.
PV and millmo plan to continue working together to provide additional applications that offer rich user experiences and advanced delivery solutions for Android handsets.
About millmo:
millmo is a mobile entertainment company specialized in delivering music and video contents, as well as designing, producing and providing applications for next generation mobile phones, such as 3.5G mobile phones.
http://www.marketwatch.com/story/packetvideo-and-millmo-announce-ebook-application-based-on-sdc-drm-for-android-handsets-in-japan-2010-02-15?reflink=MW_news_stmp
NEC CORPORATION: NEC and PacketVideo to demonstrate new mobile media apps for NEC Femtocell at Mobile World Congress 2010
Feb 09, 2010 (M2 PRESSWIRE via COMTEX) --
Tokyo and London -- NEC Corporation (NEC) and PacketVideo (PV) announced today that the organizations will partner to demonstrate new rich mobile applications for NEC's femtocell solutions, including its Home Gateway service, at the Mobile World Congress (MWC) 2010. NEC has incorporated PV's MediaFusion content management and delivery platform and TwonkyMedia connected home application into its femtocell solutions, enabling mobile operators to offer consumers indoor, high-speed access to their favourite media services.
"Femtocell offers new revenue streams for mobile operators which strengthens the business case for mobile operators to offer the high-performance indoor coverage that femtocell brings," said Anil Kohli, General Manager, Indoor Solutions Division, NEC. "With PacketVideo we are demonstrating how femtocell's enhanced levels of connectivity can give users greater access and control over their media experience."
TwonkyMedia is a family of applications that link networked home and mobile devices and popular home entertainment services, such as the TV and PC, to enable seamless media sharing through standards such as the Digital Living Network Alliance (DLNA), an interoperable platform for electronic devices. MediaFusion is a navigation portal for mobile devices that enables easy access to multiple applications and services, such as music downloads, ringtones, games and videos using a single, holistic application.
"Our collaboration with NEC will provide NEC customers with high-speed access to the media services they love on myriad devices, using femtocell technology as the centerpiece for delivering an innovative new way to experience and enjoy media. In addition, PV solutions increase the value of mobile operators' services and help differentiate their brand," said Osama Alshaykh, Ph.D., CTO of Packet Video. "We look forward to partnering with NEC to demonstrate the value of our newest joint offering at Mobile World Congress."</bodyText>
NEC Corporation(TSE: 6701) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of its diverse and global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 140,000 people worldwide.
About PacketVideo
Founded in 1998, PacketVideo is the software pioneer powering the world's leading multimedia services on millions of home and mobile devices. PacketVideo is a subsidiary of NextWave Wireless Inc. (NASDAQ: WAVE).
CONTACT: Rebecca Atherley, NEC Europe Tel: +44 (0)20 8752 2796 Tel: +44 (0)7720 415 875 e-mail: rebecca.atherley@eu.nec.com Kosuke Yamauchi, NEC Corporation Tel: +81 3 3798 6511 e-mail: k-yamauchi@ce.jp.nec.com WWW: http://www.nec.com Jeff Seedman, Ruder Finn for PacketVideo Tel: +1 310 882 4009 e-mail: seedmanj@ruderfinn.com
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
For full details on (ZZFNV) ZZFNV. (ZZFNV) has Short Term PowerRatings at TradingMarkets. Details on (ZZFNV) Short Term PowerRatings is available at This Link.
For full details on (NIPNY) NIPNY. (NIPNY) has Short Term PowerRatings at TradingMarkets. Details on (NIPNY) Short Term PowerRatings is available at This Link.
http://www.tradingmarkets.com/news/press-release/nipny_zzfnv_nec-corporation-nec-and-packetvideo-to-demonstrate-new-mobile-media-apps-for-nec-femtocell-at-mobil-764557.html
I am looking for a bounce off .30 cents
Thats what I am hoping for. I sold half of my shares because of that reason, but if there is any positive news, this stock will fly.
Is usage-based pricing inevitable? Page 2 Scroll down for packetvideo reference.
According to Kretchmer, such upgrades involve installing new software and transferring data models and subscriber information into a new system. Then, carriers must integrate the new system into existing back office systems such as customer management and financial management. Finally, the new system must be linked to the core network, so it is aware of how subscribers are using mobile data.
Installing such a system may take roughly four to six months, depending on how many subscribers a carrier has on its network.
Dynamic subscriber engagement
Aside from installing new billing systems, the real issue is what carriers will do with them. "Integrating business analytics with the billing environment is important in order to be able to segment the subscriber base and then offer the right packages to the right subscribers at the right time," Kretchmer said.
And there are a variety of options available to carriers.
Convergys' Hanlon said tiered pricing--small, medium, large and extra large--based on different data usage thresholds could be one solution. And Kretchmer said carriers could go a step further by dynamically engaging with subscribers via usage notifications. Carriers could then analyze the usage patterns of mobile data subscribers and offer tailored and personalized pricing plans that fit their needs--and charge accordingly.
"I think the issue here with mobile data is that subscribers have less intuition and less gut feeling into their consumption levels when it comes to data," Kretchmer said, adding that, "this is where real-time charging capabilities are so crucial in the sense of the customer experience. Customers are in risk of bill shock."
Declan Lonergan, an analyst at the Yankee Group, said this "dynamic" approach would need to factor in elements including a user's physical location, the level of network congestion and the type of application running. He acknowledged that doing so would likely instigate fierce opposition from net neutrality proponents who do not think carriers should modify the network experience for different use cases.
But he likened it to the airline industry, where travelers pay based on real-time demand and the type of accommodations they want.
Looking at the situation from the carriers' perspective provides some clarity, said Akil Chomoko, product marketing manager for Volubill, which offers charging, control and policy services to telecom and Internet providers. "If I change the way my network manages my subscriber usage, I can increase revenue, keep valued customers and reduce capex spend."
A business decision
When and if carriers decide to implement usage-based pricing is still up for debate. However, most agree it is a necessary evil.
Frank Dickson Instat"To go to a usage-based model is conceptually very good. And I can see the need to do it," said Frank Dickson, an analyst at In-Stat. "But you can't do it in a vacuum."
Dickson believes that Verizon may have the wherewithal to launch usage-based pricing when it rolls out LTE--but the carrier will have to remain flexible.
"If there's some resistance from customers on usage-based plans for LTE, Verizon is going to change," he said. "Verizon has got to monetize that spectrum. They've got to."
Joel Espelien, chief business officer at PacketVideo, said it will be very difficult for carriers to explain to subscribers why they should switch from all-you-can-eat plans to usage-based pricing. People have gotten used to flat-rate plans, he said, and don't want to give it up. Indeed, Espelien is deep into the issue: PacketVideo offers technology to more efficiently stream video over wireless networks.
Others are convinced it's simply a matter of properly advertising the new pricing structure to users--though that is no small task. "I won't deny it's a very difficult communication and marketing challenge for the carriers," Hanlon said.
Lonergan agreed that tiered pricing would be a tough sell with users, but described it as "a one-off challenge the industry has to take on." He said the only way it will work is if carriers' marketing departments are tightly aligned with users' usage patterns and preferences. "You've got to have that end-to-end solution," he said. "But it's not rocket science to do that."
Carriers have the tools to make usage-based pricing a reality, and it appears there is enthusiasm for the idea. Ultimately, though, operators will have to decide if usage-based pricing makes sense for them from a business perspective.
"This is more a matter of realizing this is a business challenge here," Kretchmer said. "And something needs to happen."
Read more: http://www.fiercewireless.com/story/usage-based-pricing-inevitable-page-2/2010-02-03#ixzz0ed35owsl
with the dip looks like delisting is on the table??? Chart looking for a new direction at the moment, but any positive news adjusts everything.
It has been a full week and still no news or spike....still time to get in!
This is going back to .60++ once news comes out!
tryin to strike that fear A-HOLES...... and that is what they are a-holes......yeah i just bought more here friggin nutso manipulator market makers THANKS FOR YOUR HELP!!!!!!!!
hahahahahahahahahahahahahahaha
Nice bounce coming!
NextWave Wireless receives delisting notice
San Diego-based NextWave Wireless Inc. (Nasdaq: WAVE) has been informed that it may be delisted from Nasdaq because it does not meet the $1 minimum bid price requirement.
NextWave said in a statement that it intends to request a hearing and submit a plan for regaining compliance. The company anticipates this may include a reverse stock split.
NextWave stock will remain listed pending a final decision by the Nasdaq panel.
In morning trading, NextWave fell almost 9.5 percent, or 4.7 cents, to 45 cents.
http://www.sddt.com/News/article.cfm?SourceCode=20100125tqd
charts are breaking down. I put a stop at .52
if it sells im out, if it dont hit it im in...
can u prove this? because this delisting thing does scare me. Im about ready to sell...
But if the extension is real, I'll hold, because I do like the charts
March 10th is the extension deadline.......
Hello Eco - Didn't realize you were assisting the board. :)
I'm looking at a few new possibility's and WAVE came up as one of them. I dropped a question on the board about the date on the delisting notice- any info would be appreciated later - if you have some time.
I'm curious if WAVE already had a proxy regarding that?
Hope all is well!
Jen
Questions:
Where are you guys on this and has there been any recent info regarding a shift to Nasdaq Capital market instead of Global. Has an RS already been voted in giving the company the discretion to apply it at any given time?
http://www.sec.gov/Archives/edgar/data/1374993/000090951809000767/mm11-0409_10q.htm
page 42
Our common stock could be delisted from the NASDAQ Global Market if our stock price continues to trade below $1.00 per share.
On October 7, 2008, we received a Staff Deficiency Letter from The NASDAQ Stock Market LLC, or NASDAQ, notifying us that we were not in compliance with NASDAQ’s Marketplace Rule 4450(a)(5), (“the Rule”), because the closing bid price for our Common Stock had, for the preceding 30 consecutive business days, closed below the minimum $1.00 per share requirement for continued listing. In accordance with NASDAQ Marketplace Rule 4450(e)(2), we were provided a period of 180 calendar days to regain compliance. On October 16, 2008, NASDAQ announced that they had suspended the enforcement of the Rule until January 19, 2009, and as a result, the period during which we had to regain compliance had been extended to July 10, 2009. On July 15, 2009, NASDAQ announced that they had determined to continue the temporary suspension of the Rule until July 31, 2009, and as a result, the period during which we have to regain compliance has been extended to January 21, 2010. If at any time before January 21, 2010, the bid price of our Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, NASDAQ will provide written notification that we have achieved compliance with the Rule. If compliance with the Rule cannot be demonstrated by January 21, 2010, our Common Stock will be subject to delisting from The NASDAQ Global Market.
In the event that we receive notice that our common stock is being delisted from The NASDAQ Global Market, NASDAQ rules permit us to appeal any delisting determination by the NASDAQ staff to a NASDAQ Listing Qualifications Panel. Alternatively, NASDAQ may permit us to transfer the listing of our common stock to The NASDAQ Capital Market if we satisfy the requirements for initial inclusion set forth in Marketplace Rule 4310(c), except for the bid price requirement. If our application for transfer is approved, we would have an additional 180 calendar days to comply with the Minimum Bid Price Rule in order to remain on The NASDAQ Capital Market. While we may consider measures such as a reverse stock split in order to maintain compliance with the Minimum Bid Price Rule, at this time, we cannot determine whether we can meet the other quantitative listing requirements of the NASDAQ Global Market or the NASDAQ Capital Market.
Delisting from The NASDAQ Global Market could have an adverse effect on our business and on the trading of our common stock. If a delisting of our common stock from the NASDAQ Stock Market were to occur, our common stock would trade on the OTC Bulletin Board or on the pink sheets” maintained by the National Quotation Bureau, Inc. Our stock price, as well as the liquidity of our common stock, may be adversely impacted as a result.
Looking at the chart, I believe we continue the uptrend tomorrow.
Green with higher highs and a small red the past few trading days.
nice healthy profit taking day for WAVE.
Lets continue to push this thing higher!!
I agree, hell the android has just scratched the surface. Look how many phone manufacturers and carriers made android phones or carried them even a year ago. Now look there are 4 major wireless carriers and a large number of hardware makers supporting android. Lots of growth in a year.
Packetvideo has just scratch the surface.
mo
Packetvideo is blowing up and WAVE's stock should catch on soon enough.
CES: Beamed from the phone to the TV screen
January 9, 2010 | 7:59 am
"Pico" projectors, tiny but gloriously high-resolution projectors based on a Texas Instruments DLP chipset, are shifting from novelty status in 2009 to wider availability this year. According to the RegHardware blog, TI showed off 12 mobile phones, cameras and other devices with pico projectors at this week's Consumer Electronics Show.
That's a great solution if there's no TV at the ready. But if there is, wouldn't it be better to beam your photos or videos to the screen? PacketVideo unveiled a way to do that at the show, offering a free app that lets Wi-Fi-enabled Android phones stream audio, video or images to a TV screen.
The app is a mobile version of PV's TwonkyMedia server software, which lets people move content around a home network to devices that comply with DLNA or UPnP standards. That includes virtually all new connected TVs, game consoles, media adapters, computers and networked storage devices. Once you've logged your Android phone onto a home network (or any other LAN), the TwonkyMedia app makes the media on the phone available to other DLNA or UPnP devices on that network.
Let's say you're at a friend's house and want to show the pictures taken with your cellphone camera at a recent concert. After connecting to the house Wi-Fi network, you turn on the PlayStation 3 in the living room and call up the console's menu on the TV. You find the listing for your phone, scroll through the thumbnail images and start displaying the ones from the show -- simple as that.
Granted, a pico projector will work anywhere, and the PV software is limited to home networks with compliant hardware. The latter is growing rapidly, though, as consumer electronics manufacturers embrace DLNA and the notion of connected homes. One sign of that growth: PV announced Friday that 2 million copies of its TwonkyMedia server software have been shipped with an assortment of digital devices from the likes of Cisco, Philips, Hewlett-Packard and Western Digital.
-- Jon Healey
http://latimesblogs.latimes.com/technology/2010/01/ces-beamed-from-the-phone-to-the-tv-screen.html
PacketVideo’s TwonkyMedia Server Software Ships in Milestone Two Million Devices
PacketVideo (PV) announced today at CES that its award-winning TwonkyMedia™ server software has now shipped in more than two million devices, confirming its position as the market leader in providing consumer electronics manufacturers with digital media sharing capabilities on compatible home and mobile consumer electronics products
TwonkyMedia server makes it simple for consumers to stream digital photos, video and music to connected devices throughout their home network. PV’s software supports more media file types and operating systems, and is compatible with a wider range of devices – including PCs, gaming consoles, and DLNA- and UPnP-compliant hardware – than any other media server software on the market. From HP MediaSmart devices to Denon receivers to Phillips TVs – TwonkyMedia has become the solution of choice for leading CE manufacturers based on its ease of use, low power consumption, robust search and navigation features, slick UI and support for popular web-based services including YouTube, Flickr and SHOUTcast. In fact, TwonkyMedia has captured more than 80 percent market share in the network attached storage (NAS) device sector.
The following manufacturers have implemented or bundled TwonkyMedia server to enable digital file sharing on more than two million devices worldwide:
* Buffalo
* Cisco-Linksys
* Denon
* EMC (including Iomega)
* H-P
* Freecom
* Fujitsu-Siemens
* Lacie
* Orange
* Panasonic
* Philips
* Pure
* Ripfactory
* Sagem
* Teac
* Terratec
* Qnap
* Verbatim
* Western Digital
* Yamaha
“With the explosion of digital content that is being created and consumed every day, consumers are looking for easy-to-use solutions that can provide anytime, anywhere access to their media,” said Hajime Nakai, director, Member of the Board, Broadband Solutions Business Division, Buffalo Inc. “PV’s TwonkyMedia server is helping Buffalo meet this demand. It is our connected home solution of choice for Buffalo LinkStation, TeraStation and AirStation products. We have also recently turned to TwonkyMedia server to help enable DCTP-IP support for Japanese TVs.”
CIO, CTO & Developer Resources
TwonkyMedia server is highly efficient – including lower code size, memory consumption and CPU usage compared to competitive offerings – making it the ideal choice for routers, network-attached storage (NAS) devices and other home networking products. In addition, TwonkyMedia server software successfully completed the highest standards of compatibility, reliability and performance testing to obtain Windows 7 logo certification from Microsoft – ultimately making integration within the Windows ecosystem seamless and efficient
"The remarkable growth and traction we’ve experienced in the past year stems from consumers’ increasing demand for the highest quality media streaming experience possible across multiple devices in the home,” said Angela Scheller, Ph.D., vice president, TwonkyMedia Product Group, PacketVideo. “We have worked hand-in-hand with our manufacturer partners to ensure TwonkyMedia server meets the most stringent connectivity demands in the industry. We’ve developed a solution that is not only extremely powerful and efficient, but is also simple for consumers to use and enjoy.”
By integrating TwonkyMedia server software into their products, CE manufacturers benefit from customizable interface, skin and navigation structure options, enabling a unique, out-of-the-box branded experience. User-friendly menu options and advanced content search and discovery capabilities ensure the product meets stringent consumer demands, while support for multiple languages, most major operating platforms and the widest range of music, video and photo file formats in the industry rounds out the most complete media server software product on the market. A downloadable consumer version of PV’s software, TwonkyMedia™ manager, is also available at www.twonkymedia.com.
http://soa.sys-con.com/node/1240808
No problem, WAVE is one stock that I TRULY dont think most know that they own packetvideo or have any clue how important packetvideo is to Android.
had to repost An Early Google Android Winner: Video Software Company PacketVideo
Dan Frommer | Sep. 29, 2008, 7:00 AM | 599 | comment
Print
Tags: Google, Mobile, Video
google-g1.jpgWe won't know for a while if Google's Android 'GPhone' operating system will be a commercial success. The first phone using the OS, the T-Mobile G1, goes on sale next month. But if Android does take off, one company that could benefit is mobile multimedia software company PacketVideo.
That's because PacketVideo kicked in a slimmed-down, open-source version of its "CORE" multimedia platform to be part of Android's guts. That is, PacketVideo's "OpenCORE" is powering the video and audio features of the entire Android operating system, not just a specific video or music playing app. So any app that uses Android's built-in audio or video capabilities -- playing MP3s, H.264 videos, etc. -- is touching PacketVideo code.
What does that mean? Because parts of its software platform are already baked into Android, PacketVideo should be in a good spot to potentially up-sell other, complementary parts of its platform to companies making more sophisticated Android apps.
One potential example: If Android takes off, a big media company, like Universal, Hulu, whomever, might want to use premium PacketVideo software to offer a music/video streaming/download service for Android phones that includes DRM -- which Google's phones don't support out of the box.
http://www.businessinsider.com/2008/9/an-early-google-android-winner-video-software-company-packetvideo?utm-source=feedburner&utm-medium=feed&utm-campaign=feed%3A+typepad%2Falleyinsider%2Fsilicon-alley-insider+%28silicon+alley+insider%29
Looks like android is already starting to gain major traction. WAVE is a buy here they own the majority of packetvideo. Its so under the radar its not even funny.
wave Holds STRONG in after hours trading. rally will continue on monday!!
After hours last trade: .59 --3000 shares
after hours high: .7063 --6000 shares!
An Early Google Android Winner: Video Software Company PacketVideo
Dan Frommer | Sep. 29, 2008, 7:00 AM | 599 | comment
Print
Tags: Google, Mobile, Video
google-g1.jpgWe won't know for a while if Google's Android 'GPhone' operating system will be a commercial success. The first phone using the OS, the T-Mobile G1, goes on sale next month. But if Android does take off, one company that could benefit is mobile multimedia software company PacketVideo.
That's because PacketVideo kicked in a slimmed-down, open-source version of its "CORE" multimedia platform to be part of Android's guts. That is, PacketVideo's "OpenCORE" is powering the video and audio features of the entire Android operating system, not just a specific video or music playing app. So any app that uses Android's built-in audio or video capabilities -- playing MP3s, H.264 videos, etc. -- is touching PacketVideo code.
What does that mean? Because parts of its software platform are already baked into Android, PacketVideo should be in a good spot to potentially up-sell other, complementary parts of its platform to companies making more sophisticated Android apps.
One potential example: If Android takes off, a big media company, like Universal, Hulu, whomever, might want to use premium PacketVideo software to offer a music/video streaming/download service for Android phones that includes DRM -- which Google's phones don't support out of the box.
http://www.businessinsider.com/2008/9/an-early-google-android-winner-video-software-company-packetvideo?utm-source=feedburner&utm-medium=feed&utm-campaign=feed%3A+typepad%2Falleyinsider%2Fsilicon-alley-insider+%28silicon+alley+insider%29
Looks like android is already starting to gain major traction. WAVE is a buy here they own the majority of packetvideo. Its so under the radar its not even funny.
Awesome article on packet video. Its old but still does not change the fact that packet video is going to see major growth with android.
If It's Android Entertainment, It's PacketVideo
Wed Sep 24, 2008 12:40pm EDT
Multimedia Software for the Android Platform More than a Decade in
the Making
SAN DIEGO--(Business Wire)--
Second paragraph, second sentence of release should read: CORE is
the industry leading multimedia application framework that powers more
than 260 million devices worldwide for tier-one mobile operators (sted
CORE is the industry leading multimedia application framework that
powers more than 260 million devices worldwide for mobile operators
such as Verizon, Orange and NTT DoCoMo).
The corrected release reads:
IF IT'S ANDROID ENTERTAINMENT, IT'S PACKETVIDEO
Multimedia Software for the Android Platform More than a Decade in
the Making
Today's debut of the much-anticipated first Android-powered phone
represents significant strides in mobile multimedia innovation. The
platform incorporates a high-performance, comprehensive multimedia
subsystem from PacketVideo (PV) that the company has refined over the
last decade.
PV delivered a portion of its CORE(TM) software to the Android
mobile platform. CORE is the industry leading multimedia application
framework that powers more than 260 million devices worldwide for
tier-one mobile operators. Working with the Open Handset Alliance, PV
created an open-sourced version called OpenCORE(TM) which provides the
power to run sophisticated audio, video and imaging applications,
including several applications chosen as top award-winners in the
recent Android Developer Challenge.
Android Accelerates Development of 'Mind-blowing Devices'
"Whenever the T-Mobile G1 plays music or video, it's using PV's
OpenCORE software," said Jim Brailean, PV's CEO and co-founder. "This
is software that PV has spent a decade building and refining to
produce high performance and create the best multimedia experience in
the industry."
PV joined the Open Handset Alliance, the industry consortium
behind Android, to accelerate the development of myriad innovative
devices, which Brailean sees as critical to the continued growth of
mobile industry.
"Rich multimedia applications on these new Android-powered devices
run fast and smooth and with the rapid growth in 3G networks, you'll
see advanced new mobile music and video applications that include the
best of web services such as YouTube or Flickr," Brailean said.
"Everyone in the industry benefits from this kind of innovation."
About PV: PV is the software innovator powering the world's
leading mobile multimedia services. With more than 320 different
devices supported and more than 260 million PV multimedia clients
deployed around the world, PV has the deepest, broadest and most
respected multimedia software expertise in the industry. Founded in
1998, PV 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, PV, 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 are described in filings of our parent company, NextWave
Wireless Inc. (NASDAQ: WAVE) with the Securities and Exchange
Commission. All such documents are available through the SEC's website
at www.sec.gov. PV makes 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.
PacketVideo
Neil Sharma, +1-770-751-5799
sharma@pv.com
or
Ruder Finn
Jeff Seedman, +1-310-882-4009
seedmanj@ruderfinn.com
Copyright Business Wire 2008
http://www.reuters.com/article/idUS173183+24-Sep-2008+BW20080924
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NextWave Wireless Inc. is a holding company whose subsidiaries develop and market mobile multimedia and wireless broadband products.
Through Nextwave PacketVideo subsidiary, Nextwave provide many of the largest network operators and mobile device manufacturers in the world with products and technologies that enable next-generation mobile-media services.
Nextwave also own an extensive portfolio of licensed spectrum in the U.S., Canada, Europe, and South America.
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