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SK Telecom and Thin Multimedia Successfully Launch World's First Multimedia Wireless Service to use Software-Only Decoder

URL(s): SK Telecom  Thin Multimedia


SAN JOSE, Calif.--(BUSINESS WIRE)--July 26, 2001--SK Telecom (NYSE:SKM) (www.sktelecom.com) one of the world's leading wireless telecommunications operators, and Thin Multimedia (www.thinmultimedia.com), a leading provider of wireless multimedia solutions, today launched n.TOP(TM) Multimedia, the world's first software-only decoder-based multimedia wireless service. n.TOP(TM) Multimedia offers subscribers more than 200 content channels, including animations, multimedia email, movies, music, and TV programs. n.TOP(TM) Multimedia is offered on both IS 95-A/B and CDMA 2000 1x networks.

"Thin Multimedia's technology is compelling because it enables regular mobile phones without additional DSP chips to play multimedia content and still plays video with high quality. " said Dr. Sung Cheol Hong, Vice President, Wireless Internet Division of SK Telecom. "Previous wireless multimedia services required mobile phones with chips dedicated to play multimedia, and these phones' prices are beyond the reach of average consumers. We expect that it would take some time until the multimedia chips become affordable. Much higher adoption is expected with inexpensive multimedia mobile phones using Thin Multimedia's technology."

Thin Multimedia is powering SK Telecom's wireless service with a comprehensive set of solutions. SK Telecom subscribers will use TCM-2 Decoder on mobile phones to play multimedia content, while TCM-2 Server/Encoder on the backend simultaneously stream multimedia content to thousands of mobile phones. Content providers can readily convert their existing multimedia line-up into the TCM-2 format using TCM-2 Creator. Thin Multimedia's technology not only enables mobile phones to play multimedia content without additional hardware but also enables mobile phones with cameras to capture live video and stream it to other mobile phones. In addition, a PC user can send live video from his PC with a web camera to mobile phones with TCM-2 Decoder.

The core technology behind Thin Multimedia's products is TCM-2, a proprietary encoding/decoding algorithm that requires significantly less processing on mobile phones than competing technologies that are usually variations of MPEG.

"Because MPEG is originally designed for PCs with much more processing power and no battery life concerns, variations of MPEG still require excessive processing and battery usage on mobile phones" said Chuck Yoo, Founder and CEO of Thin Multimedia. "Thin Multimedia started out with a whole new scheme designed for `thin' devices such as mobile phones, PDAs and set-top boxes and has made significant progress since 1997. With our commitment to R & D, we expect to make additional enhancements in efficient usage of processor, battery, video quality and error resilience."

TCM-2 Decoder is the first successfully developed software-only decoder in the world and has been under development for sometime by Thin Multimedia and SK Telecom. Both companies plan to jointly pursue opportunities in other countries.

About SK Telecom

SK Telecom is the largest CDMA cellular service provider in the world with more than 13.4 million subscribers as of June 2001, based on the accumulated expertise for over 16 years of its state-of-the-art technological know-how in the field of wireless communications. It has diversified its business scope to IMT-2000, multimedia online service, International Call, Handset manufacturing, and GMPCS. SK Telecom is listed on the London and New York Stock Exchange Markets (NYSE:SKM). For more information on SK Telecom, visit the World Wide Web at http://www.sktelecom.com.

About Thin Multimedia

Thin Multimedia offers a comprehensive set of software-based wireless multimedia solutions including decoding, encoding, authoring and streaming that offer excellent playback quality with minimal usage of processor and battery as well as high error resilience. Thin Multimedia works with wireless operators, cell phone manufacturers, and content providers to offer mobile consumers a variety of multimedia contents, including news and financial stories, sports highlights, music videos, weather and traffic reports, and home or work security cameras, from any location. For more information, please visit the company's website at http://www.thinmultimedia.com.

CONTACT: Company Contact: Thin Multimedia: Daniel Ko (408) 309-8818 danko@thinmultimedia.com or Agency Contact: TechWire International Leo Pot (831) 429-6288 information@ezwire.com

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