NS8 Corporation
OTC Bulletin Board : NSEO

NS8 Corporation

December 04, 2006 08:30 ET

NS8 Corporation: iWave and ReelTime Partner to Provide Mobile Games to Australia and Other Parts of Asia Pacific

LOS ANGELES, CALIFORNIA--(CCNMatthews - Dec. 4, 2006) - iWave Interactive Systems ("iWave") the entertainment network division of NS8 Corporation ("NS8") (OTCBB:NSEO) has signed a distribution agreement with ReelTime Infotainment Ltd. ("ReelTime"), a subsidiary of Australian Stock Exchange listed ReelTime Media Ltd (ASX:RMA) to provide mobile games to Australia using ReelTime's network of over 110 ISP's. ReelTime ISP customers will be able to offer their consumers a vast library of premium mobile games and accessories which were developed by some of the world's leading mobile game technology companies.

iWave and ReelTime will launch their mobile game service to the public with over 300 titles. Some examples of what will be offered include titles like Midtown Madness, Judge Dredd, Rambo on Fire, Star Wars, Battlestar Galactica, Harlem Globetrotters, Mike Tyson Boxing, World Soccer, Actual Soccer and Miami Vice, developed by such renowned companies as X Player, Corbis and Infospace.

Carl Segal, Executive Vice President of NS8, said, "This is the beginning of great commercial partnerships for all of us. We're able to provide the system and games, ReelTime provides the marketing and premium content, it's an exciting partnership that we will be able to expand quickly in other countries within a short period of time. The relationship we have with ReelTime will prove to be a large commercial success for both companies, and we are excited to be part of all of this."

John Karantzis, Managing Director of ReelTime, said, "We have identified a further complimentary market, we are able to distribute premium movies, games and other services. Australia's internet population exceeds 3.3 million, and mobile phone penetration is now over 90% of the population. These are exciting times for new media and we know that we are at the leading edge of the industry. We are eager to expand these and other services with iWave to other countries very quickly in the New Year."

The launch is scheduled for mid December 2006 which will be just in time for the holiday season and increased leisure time and spending. In early 2007, iWave and ReelTime plan for an expansion into other countries such as New Zealand and Singapore, which has a population of nearly 3.0 million. iWave and ReelTime will participate in a revenue share of gaming titles that range from $5 - $6 AUS per transaction.

Juniper Research says that the Asia-Pacific region will contribute USD $7.2 billion or the largest share of total gross revenues to the global mobile games market; predicted to be worth USD $18.5 billion by 2009, up from today's global value of USD $1.6 billion. PriceWaterhouse Coopers concurs, claiming that spending on wireless games in the Asia-Pacific region will chalk up a 72% CAGR to reach USD $6.6 billion in revenue in 2008 (PricewaterhouseCoopers - "Global Entertainment and Media Outlook: 2004-2008").

Global mobile games revenue will grow from $3 billion in 2006 to $10.5 billion in 2009, according to estimates from Juniper Research, and are set to produce a cumulative revenue stream of nearly $57 billion over the next six years (i). According to the Economist Intelligence Unit, Mobile Subscribers in Australia numbered over 19 million in 2005, and are expected to increase to almost 23 million by 2010 (ii). Rising data revenue underlies positive growth in the Australian mobile market and will account for 61% of top line growth by 2007, according to Wireless World Forum (iii). The AU$25-million-plus mobile games market in Australia is expected to grow by over 30% in 2007, according to games maker Digital Chocolate, as reported by "The Australian" in October 2006. By the end of 2011, the company predicted mobile games revenue would top $17 billion. Only music downloads rivaled games as a potential revenue generator for mobile operators.

ABOUT NS8 CORPORATION

NS8 Corporation (www.ns8corp.net) is a Digital Interactive Media Distribution Company that specializes in the development of server-based technologies in the areas of content licensing, digital media publishing and royalty distribution management, including interactive consumer viewing systems for Internet on-demand applications for PC, IPTV and other portable media devices. iWave Interactive Systems is a division of NS8 Corporation that specializes in providing turn-key Broadcast Management Services of digital content over internet enabled networks. iWave combines NS8's proprietary server based technologies for use by content owners, media distributors, and telecommunication companies to provide a powerful solution for processing, publishing, reporting and distributing content to consumers over PC, IPTV, mobile device or portable wireless environment.

ABOUT REELTIME MEDIA LTD. (www.reeltime.tv)

ReelTime Media Ltd. (ASX:RMA) is a wholesale and retail operator of content at the forefront of the IPTV industry, and is Australia's first national IPTV operator to offer major Hollywood content to PC and television via both Set Top Box and PC delivery, on an ISP independent basis. ReelTime.tv brings a variety of on-demand entertainment directly to consumers over existing broadband networks. ReelTime.tv has been developing its broadband entertainment system and negotiating with studios since 2000, and has agreements in place with major MPAA studios, including NBC Universal, Sony Pictures, 20th Century Fox and MGM. ReelTime.tv has already signed and secured access carriage, video server co-location, and bulk SMS distribution agreements with Telstra Corporation Ltd., and has network exchange agreements with PIPE Networks Ltd., WAIX and EQUINIX allowing over 110 ISP's to better access its services. Unwired, Adam Internet, Wild IT, Koala Telecom, Fish Telecom, Spectrum, Comcen, CXI and Seacrest are all ReelTime direct connect partners offering speed and download friendly customer plans.

SAFE HARBOR STATEMENT

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the Company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release.

TRADEMARKS

Consumer Program and Shopping Guide, CPG, Library Distribution Management System, LDMS, NS8, Secure Digital Content Distribution, Security Protocol Integration, SPI, and iWave Interactive Systems, iWaveMedia, AdWave are either registered trademarks or trademarks of NS8 Corporation or its subsidiaries. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

(i) Casual Gamers and Female Gamers to Drive Mobile Games Revenues Over the $10 Billion Mark by 2009, Juniper News Release, Oct 5, 2006

(ii) (Australia: Telecoms and technology Forecast, From the Economist Intelligence Unit, November 10th 2005)

(iii) Australia Mobile Market Statistics 2006, Wireless World Forum, April 2006

Contact Information

  • Rubenstein Investor Relations, Inc.
    Tim Clemensen, Senior Vice President
    NS8 Corporation Investor & Public Relations
    (212) 843-9337
    Email: tclemensen@rubensteinir.com
    or
    AKL Public Relations - Information on ReelTime Media Ltd.
    Anne Lawler
    011-9212 2185 or Mobile: 011-0419 018 834
    Email: anne@aklpr.com.au