SOURCE: Stream Theory, Inc.

June 21, 2005 08:00 ET

Stream Theory Enables GeoTempo to Launch Platform for Games-on-Demand

Software Streaming Technology Allows ISPs, Telcos and Game Consortiums to Compete in Asian Online Gaming Market

TAIPEI, TAIWAN and IRVINE, CA -- (MARKET WIRE) -- June 21, 2005 -- Stream Theory, Inc., a division of Tadpole Technology plc (LSE: TAD), today announced that it has signed an agreement with GeoTempo International Ltd. to distribute StreamFlow, its leading On-demand software streaming technology, throughout Taiwan, Hong Kong and China.

As a certified Stream Theory distributor, GeoTempo will promote, market, distribute and license StreamFlow directly to its customers, initially targeting two market segments. First, GeoTempo will roll out StreamFlow to large Internet Service Providers (ISPs) and telecommunication companies in Asia. It will assist these companies in gaining a competitive advantage in the broadband market by building a game platform and service offering. Second, GeoTempo will launch SteamFlow to PC game consortiums and Internet café service providers, enabling them to offer a new source of online entertainment to their end users while gaining a source of revenue.

"Including Stream Theory's software streaming platform in our portfolio enables us to provide products and services that allow our customers to successfully compete in the games-on-demand market and combat software piracy," said Paul C. Huang, Ph.D., Chairman and CEO of GeoTempo. "StreamFlow provides true software-on-demand capability. This allows us to offer a robust and scalable solution that simplifies software management while providing our customers in the Greater China Region better value and return on their investment."

The games-on-demand market in Asia is growing rapidly as the number of broadband households increases. In China alone, the online game industry is expected to average 39 percent annual growth over the next few years, reaching $823 million in annual revenue by 2008, according to International Data Corp. In a country where many cannot afford gaming consoles, gamers have adopted quickly to the pay-as-you-go approach.

GeoTempo Launches Leading Streaming Platform for Games-on-Demand

"GeoTempo's market knowledge and proven expertise in deploying world-class technology in Asia makes them an ideal partner for Stream Theory," said Steig Westerberg, CEO of Stream Theory. "GeoTempo is as focused on and committed to bringing the best technology to support the games-on-demand market as we are. Our partnership provides a compelling value proposition for the Asian market -- enhanced market leadership, new revenue sources, and dependable technology."

About GeoTempo

GeoTempo International Ltd. is a high-tech incubator with headquarters located in the heart of Taiwan's Science Park. GeoTempo has successfully incubated several companies including AsiaInfra International Ltd, King-Mall Ltd, and LinkPeople Ltd. GeoTempo's thrust is to bring world-class technology to the Asian market.

About Stream Theory

Founded in 1996, Stream Theory, Inc. is a wholly owned subsidiary of Tadpole Technology plc (LSE: TAD). Stream Theory is revolutionizing the manner in which software is purchased, delivered and accessed by enabling true software-on-demand and virtualization models. Stream Theory has developed a patented framework that is a piracy deterrent for software publishers. The Company is a leading supplier of software streaming technology for delivering and managing software applications worldwide over IP and digital media. Leading software publishers, developers, portals, ASPs, and broadband ISPs have deployed the company's patented technology. Stream Theory is a Microsoft Gold Certified Partner and an IBM PartnerWorld member. For more information, visit www.streamtheory.com.

All trademarks mentioned in this document are the property of their respective owners.

Contact Information

  • Media Relations Contact:
    Ron Koren
    Stream Theory, Inc.
    +1 949 833 2800
    Email Contact

    Investor Relations Contact:
    Steig Westerberg
    Stream Theory, Inc.
    +1 949 833 2800
    Email Contact