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Tuesday, 02/19/2002 1:07:59 PM

Tuesday, February 19, 2002 1:07:59 PM

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Siemens and PacketVideo Connect their Platforms for Multimedia Video Streaming
Integration of PacketVideo's Mobilemedia System with Siemens' HotStreams Platform for Interactive Videos
CANNES, France--(BUSINESS WIRE)--Feb. 19, 2002-- Siemens Information and Communication Mobile (IC Mobile), a leading provider of mobile networks, solutions and devices for mobile businesses, and PacketVideo Corp. today announced the integration of Siemens' HotStreams platform with PacketVideo's mobilemedia technology.

This joint end-to-end solution for wireless streaming services will offer mobile operators, application service providers and enterprises a range of innovative new business opportunities: multimedia information services, mobile shopping linked with video-supported product descriptions, multimedia messaging, entertainment services, subscription services for financial and sports news and various commercial applications such as e-learning, product training and support for maintenance technicians.

HotStreams is a platform for interactive on-demand videos that currently runs on PDAs (Personal Digital Assistants), PCs and TVs with a set-top box -- and that will run on future mobile phones. HotStreams combines internet-specific features, such as hyperlinks, hotspots and frames, with video sequences. This allows videos to be linked to additional information by means of sensitive buttons offered within the video. Users activating one of these buttons will branch from the film straight to a Web or WAP site. A person watching a video sequence about the stock market, for instance, can immediately call up individual share charts without switching to another application.

HotStreams can be used over mobile radio and fixed networks based on GPRS, UMTS or xDSL. To use HotStreams' services, consumers must have a mobile phone with a standard Internet browser, a scripting-enabled player, and a standard conformant MPEG-4 player like PacketVideo's pvPlayer(TM) for viewing rich media. The services can also be used with a PDA or notebook in conjunction with a GPRS-enabled mobile phone.

PacketVideo's Mobilemedia System, a platform for wireless mobilemedia services, is compliant with mobilemedia standards such as 3GPP and is built around PacketVideo's QualityTrack(TM) technology, which consists of patented or patent-pending technologies that ensure an unsurpassed rich media experience for consumers.

PacketVideo is the world's leading provider of carrier class infrastructure software that enables mobilemedia today. PacketVideo's standards-based software products enable the distribution of one- and two-way video, high-quality audio, animation and rich graphics over wireless networks to mobile devices such as cellular telephones and personal digital assistants. PacketVideo's mobilemedia products enhance communication, productivity, security, information and entertainment, enabling the delivery of an enriching and productive mobile experience.

PacketVideo's investors include AOL Time Warner (NYSE:AOL - news), Comverse Technology (Nasdaq:CMVT - news), Credit Suisse First Boston, GE Equity (NYSE:GE - news), Intel Capital (Nasdaq:INTC - news), Kyocera (NYSE:KYO - news), Motorola (NYSE:MOT - news), Philips (NYSE:PHG - news), QUALCOMM (Nasdaq:QCOM - news), Siemens' Mustang Ventures, Sony Corp. of America (NYSE:SNE - news), Sun Microsystems (Nasdaq:SUNW - news), Texas Instruments (NYSE:TXN - news), and others. To learn more, visit www.pv.com.

The Siemens Information and Communication Mobile Group (IC Mobile) offers the complete range of mobile solutions including mobile devices, infrastructure and applications. Devices include mobile phones, wireless modules, mobile organizers and cordless phones as well as products for wireless home networks. The infrastructure portfolio includes GSM, GPRS and 3G mobile network technologies from base stations and switching systems to intelligent networks, e.g. for prepaid services. Mobile Applications cover end-to-end solutions for Messaging, Location Based Services or Mobile Payment. For the fiscal year 2001 (September 30), IC Mobile recorded sales of EUR 11.3 billion and employed 30,730 people worldwide.

You can access further information about Siemens IC Mobile on the Internet at http://www.siemens-mobile.com

You can access press releases, photographs and further information on the Internet at: http://www.siemens-mobile.com/press

Information for Readers: info.solution@icn.siemens.de



--------------------------------------------------------------------------------
Contact:

PacketVideo
Text 100 for PacketVideo in Europe
Vanessa Mato, + 44 (0) 20 89964193
vanessam@text100.co.uk
or
Imagio/JWT for PacketVideo in the U.S.
Kathy Gorohoff or Kari Swartz, 206/625-0252
kathyg@imagio.com or karis@imagio.com
or
Siemens
Information and Communication Mobile Solutions
Marion Bludszuweit
D-81379 Munich, +49-89 722 50483, Fax -55880
Marion.Bludszuweit@icn.siemens.de


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