SOURCE: ESPRE Solutions, Inc.

February 20, 2008 10:12 ET

ESPRE Solutions Completes Alpha Release for Free Online Collaboration Solution -- Blideo

PLANO, TX--(Marketwire - February 20, 2008) - ESPRE Solutions, Inc. (PINKSHEETS: EPRT), a Dallas-based company with patented best-in-class video compression technology, today announced that it has released an internal Alpha version for its spun-off online collaboration company "Blideo."

Blideo, which is based in Plano, Texas, will premier next month to a limited Beta test audience. "This Alpha places us on a solid foundation towards the Beta release and helps us gauge the timing of the private Beta release currently targeted for April 2008," according to Rick Bansal, Blideo's Chief Technology Officer. Blideo's solution encourages people to work together towards common goals by offering a secure environment for sharing "live" messages, video, documents and blogs. Designed from the bottom up to be easy to use, features such as Internet video broadcast, desktop sharing and document sharing are only a few clicks away -- with all of the data completely secure. Blideo provides mobile business professionals at small to medium-sized businesses online collaboration "circles," packed with asynchronous and synchronous communications tools that are all free of charge.

Bansal continues by stating, "Blideo leverages ESPRE Solutions' ESPRE Live™ Video Engine SDK which supports the creation of incredibly full-featured interactive video applications. Blideo extends the interactive video capability with a powerful collaborative application suite, adding calendar, messaging, and centralized asset library management for documents and videos all wrapped in a simple user interface. Additionally, all "live" multimedia sessions are recorded and can be replayed by anyone with permission or access to a group's collaboration circle. This release marks a very significant milestone towards the deployment of Blideo."

As internal testing begins for Blideo, integration will also begin with Blideo's recently announced audio partner, FreeConferenceCall.com and the audio bridging technology is expected to be included in the upcoming Beta release. As stated in previous releases, Blideo has successfully raised $3 million in its initial rounds of funding, which is being used to fund development through ESPRE Solutions as well as funding marketing initiatives.

Pete Ianace, ESPRE Solutions' CEO, said: "I came across a quote in the recent edition of Wired Magazine where Paul Boutin states, 'Web video has been a dud.' A decade into the broadband era and the high-quality easy-to-watch streaming media we were promised is nowhere in sight. YouTube and other sites use 1995-era video-encoding algorithms -- they work on almost all computers, but they're bandwidth hogs." Pete states that unless a solution is designed from the ground up to address these issues the ability to consistently deliver TV-quality video solutions that can scale to allow millions of simultaneous users to watch or interact "live" will never occur. "I believe that Blideo will be the first offering to provide a solution that was built from the ground up to overcome the inefficiencies of the public Internet -- a non-managed network. We are very proud to have hit our targets with this release for our partner, Blideo."

More details will be released soon providing information for registration for the Blideo's Beta release.

About ESPRE Solutions, Inc.:

Plano, Texas-based ESPRE Solutions is a public company (PINKSHEETS: EPRT) that is reinventing how enterprises and individuals work and exchange information and ideas by providing a truly viable solution for live, high-quality multi-media video collaboration. ESPRE Solutions harnesses the power of collaboration to extract the benefits of visually connecting global work groups and individuals to create, share, and deliver live video content over the Internet. ESPRE Solutions' ESPRE Live 3.0™ media engine provides an integrated toolkit solution for solutions integrators and developers to create applications for business and personal communications. ESPRE's business strategy focuses on building strong partnerships, investing in companies that define the leading edge of video collaboration, and developing businesses to bring its growing suite of SDKs and APIs to the market. To learn more about ESPRE Solutions, or to experience the company's pioneering video compression technology, visit www.ESPREsolutions.com

About Blideo

Incubated and spun off by ESPRE Solutions, Inc., Blideo is being developed as the first fully equipped, completely FREE online collaboration environment for small and medium-sized businesses.

SAFE HARBOR

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by ESPRE Solutions, Inc. are not a guarantee of future performance.

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