PacketVideo Teams With Bell Mobility to Launch Canada's First Market Trial of Wireless Multimedia; Companies Trial Wireless Audio and Video Services With Bell Mobility Customers.Business Editors & High-Tech Writers SAN DIEGO & TORONTO--(BUSINESS WIRE)--Jan. 11, 2001 PacketVideo Corp., the global leader in wireless media, and Bell Mobility, Canada's leading provider of wireless voice and data services, today announced they are conducting Canada's first consumer field trial of wireless multimedia services. The trial will take place in the first quarter of 2001 and will involve Bell Mobility customers. In the Canadian wireless market Bell Mobility commands the largest market share, offering analog, cellular and digital PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. services, as well as one- and two-way paging, data and airline passenger communications services to nearly three million customers. Bell Mobility also offers innovative services such as e-mail, weather and traffic bulletins, as well as directory and other services over mobile handsets. "Our customers want to access the best of the Web wirelessly and soon that will require the provision of multimedia services that keep them not only informed but also entertained," said Pierre Blouin, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bell Mobility. "Teaming with PacketVideo to deliver a cutting edge wireless media solution enables us to further advance the development of wireless Internet services in Canada and meet the demands of a growing and increasingly sophisticated market for wireless data services and devices." PacketVideo's breakthrough encoding, serving and decoding software unlocks the profitable deployment of rich media to the mobile market through a new generation of powerful mobile devices such as Smart Phones, handheld computers, personal digital assistants and laptops. Trial participants will use Bell Mobility devices to receive high-quality audiovisual content delivered through PacketVideo's technology over Bell Mobility's leading wireless network. Participants will be able to access daily Canadian news updates, courtesy of CTV CTV Canadian Television (Network Limited) and Sympatico, as well as content from PacketVideo's existing partners, such as music videos and movie trailers. "Bell Mobility is a clear leader in adopting and introducing new wireless technologies to the Canadian market," said Jon Herttua, vice president of Worldwide Carrier Sales for PacketVideo. "Through this trial, we look forward to learning more about Canadian consumer preferences relating to wireless multimedia and working toward commercial deployment of wireless media services to Bell Mobility's customers." About PacketVideo PacketVideo is the global leader in wireless media. The company's commercially available MPEG-4 compliant encoding, distribution and decoding software enables content providers and mobile carriers to deliver rich media, not just data, to mobile users over any digital wireless network. PacketVideo has received numerous industry awards, including the Red Herring 100, Wireless Week's Top 20 Firms for 3G, and Governor Gray Davis' California 2000 Partnering Award. Founded in 1998, PacketVideo is a global company based in San Diego, in the heart of "Telecom Valley." PacketVideo's investors include Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. , Intel Capital (Nasdaq:INTC INTC Intel (NASDAQ symbol) INTC Intercept INTC Interrupt Controller ), Motorola Inc. (NYSE NYSE See: New York Stock Exchange :MOT), Nexus Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Philips (NYSE:PHG), QUALCOMM Incorporated (Nasdaq:QCOM QCOM Qualcomm, Inc. (stock symbol) ), Reuters Group PLC (Nasdaq:RTRSY), members of the Rockefeller family, Siemens Mustang Ventures, Sonera (HEX:SRA SrA abbr. senior airman , Nasdaq: SNRA SNRA Sawtooth National Recreation Area (Idaho) SNRA Swedish National Road Administration SNRA Système National de Recherche Agricole ), Sony Corp. of America (NYSE:SNE), Texas Instruments (NYSE:TXN), Time Warner (NYSE:TWX), and others. To learn more, visit www.pv.com. About Bell Mobility The Bell Mobility Inc. family of companies provides a complete range of wireless communications solutions -- cellular, paging, data, PCS and airline passenger communications services -- to nearly three million Canadian customers. Bell Mobility Radio provides two-way voice and wireless data services to public safety and emergency services agencies. Bell Mobility Inc. is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Bell Canada. For more information on Bell Mobility, visit the Website at www.bellmobility.ca. PacketVideo and PacketVideo product names are trademarks or registered trademarks of PacketVideo Corp. All other trade names and trademarks are the property of their holders. |
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