Cloud Systems Teams With iVAST to Provide MPEG-4 Digital Content Production Services.

Business Editors/High-Tech Writers

NAB 2002

LAS VEGAS--(BUSINESS WIRE)--April 9, 2002

Leading Multimedia Production Services Firm To

Offer MPEG-4 Encoding and Authoring Services

iVAST, Inc., the leading provider of end-to-end MPEG-4 solutions, announced today that Cloud Systems, a premiere digital media production company, will utilize the iVAST MPEG-4 Platform(TM) to power its full-service media encoding and digital media development services.

The iVAST MPEG-4 Platform(TM) is a comprehensive and integrated suite of digital media management products and systems that are standards-based and business-driven. Cloud Systems will provide development services based on iVAST's end-to-end solution that covers the creation, distribution and presentation of high-quality digital audio and video, along with compelling interactive media.

"Cloud Systems has a reputation for providing cutting-edge production capabilities," said Ben Silva, iVAST's Vice President, Worldwide Sales and Business Development. "With our powerful suite of MPEG-4 production tools in the hands of the talented team of artists and technicians at Cloud Systems, content owners can begin to explore exciting new forms of interactive digital media communications."

With the recent opening of the iVAST Studio Los Angeles, a state-of-the-art MPEG-4 development and training facility, and the partnership with San Francisco-based Cloud Systems, iVAST is creating a worldwide developers community for MPEG-4 applications.

"We have partnered with iVAST because we were impressed by their complete package of MPEG-4 tools," said Gordon Saint Clair, president and CTO, Cloud Systems. "Our core philosophy is that we make our clients look great by providing superior services and the highest quality media; iVAST's technology will allow us serve the emerging MPEG-4 production market and deliver extraordinary results."

The iVAST suite of products includes:

-- iVAST Studio Encode(TM): A professional tool for compressing and encoding
audio and video media into MPEG-4 standard files.

-- iVAST Studio Author(TM) : A visual environment for the creation of
interactive MPEG-4 content with fine-grain control over audio, video, 2D
graphics, animation and interactivity.

-- iVAST Media Server(TM): A high performance, ISMA-compliant media delivery
solution for MPEG-4 audio, video and interactive rich media applications.

-- iVAST Systemware(TM) : A suite of system utilities for remote management of
multiple servers and integration with mission-critical, back-office systems.

-- iVAST Experience Player(TM) : A versatile, rich media player that brings the
full power of object-oriented media to PCs and other MPEG-4 enabled electronic
devices.

Cloud Systems specializes in high quality media encoding, CD and DVD authoring and Internet or Intranet development. Select Cloud Systems clients include: Absinthe Films, Akamai, Bank of America, Levi Strauss & Co., Nikken Sekkei , Sega of America, Wells Fargo and Sun Microsystems.

About Cloud Systems

Cloud Systems is a full service media encoding company, with over 10 years of media encoding experience and a staff and management that are highly trained veterans from the media encoding, broadcast television, and video production industries. Cloud Systems uses superior technology and know-how to yield the highest quality media at any data rate using the latest technologies. Cloud Systems is located in the heart of San Francisco's Multimedia Gulch. They have alliances and partnerships with many of the companies that make up the cutting edge in Internet technology and Multimedia development. For more information, please visit www.cloudsystems.net.

About iVAST, Inc.

Headquartered in Santa Clara, Calif., iVAST is the world leader in end-to-end MPEG-4 solutions. The iVAST MPEG-4 Platform(TM) extends the success of MPEG-1 and MPEG-2 open standards by revolutionizing the distribution of interactive audio/video content across broadband and broadcast networks. The iVAST Platform, built on the ISO/IEC MPEG-4 international standard, is a suite of software products that enable the creation, management, delivery and playback of interactive and enhanced rich media experiences for entertainment, enterprise, and related markets. iVAST also offers creative services through its new, state-of-the-art studio in Los Angeles. For more information, please visit www.ivast.com.