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PacketVideo mobilemedia technology powers new series 60 camcorder phone Video communication is made user-friendly on the latest Symbian phone San Diego June 16, 2003 - PacketVideo Corporation today announced that it provides the camcorder multimedia functionality embedded in the exciting new Siemens SX1 phone. Siemens licensed PacketVideo's pvCamcorderT product, which PacketVideo optimized for the new handset. The SX1 is Siemens' first Symbian Series 60 phone and with the features of PacketVideo's pvCamcorder technology it will play an important role in new MMS services. pvCamcorderT performs simultaneous video and audio capture and viewing for transmission via MMS or email. The MMSc provides store and forward file management of video images so user can sort images on a PC via a web browser, freeing the phone to capture, send and receive more video and audio. "We are very excited to contribute our technology products and engineering expertise to this powerful new handset," said Kathleen Peters, PacketVideo vice president for worldwide embedded solutions. "We believe that user-generated video content will be the key driver for advanced mobilemedia services, including MMS and email. Our pvCamcorder technology, embedded in Siemens' new mobile phone, is ideal for operators to catch the mobilemedia wave." The SX1 hosts a powerful suite of entertainment and business features packed into a slender 110 gram case, including: built-in video camcorder, and video player, music player and FM radio plus gaming supported by Series 60 or Java (J2ME). The phone also features a full set of business applications comparable to a PDA, including local and wireless synch. The large, 64K color high-resolution screen functions in the portrait and landscape modes, depending on the application. For example, pvCamcorder plays back video in portrait or landscape mode. Siemens Information and Communication Mobile Group (ICM), a leading provider of mobile networks, solutions and devices for mobile business, offers wireless multimedia services on their Siemens SX1 based on PacketVideo's mobilemedia technology to mobile operators worldwide. PacketVideo and Siemens have a successful partnership, in which Siemens also holds seat on PacketVideo's Board of Directors. This partnership provides mobile operators with the opportunity to provide to their subscribers the value of advanced rich media services over their new General Packet Radio Service (GPRS) and Universal Mobile Telecommunications System (UMTS) networks. Siemens has also integrated PacketVideo's pv3 Mobilemedia System, multimedia streaming platform, enabling the successful commercial launch of multimedia services with three carriers including one of the largest in the European community. In addition, more than 30 operators have already tested wireless video streaming from Siemens and PacketVideo in mobile networks. About PacketVideo PacketVideo was the first company to deploy 3GPP-compliant MPEG-4 video streaming to mobile devices and is now the leader in wireless streaming technology. PacketVideo technology has been commercially launched around the world by today's leading operators and handset manufacturers, and has certified interoperability with other leading solutions providers. The PacketVideo pvCamcorderT provides outstanding video quality with more accurate color balance, automatic scene change detection, smoother video and audio. . PacketVideo's standards-based software products enable the creation and distribution of one- and two-way video, high-quality audio, animation and rich graphics over wireless networks to mobile devices such as phones and PDAs. PacketVideo's mobilemedia products, including pvCamcorderT, pvAuthorT, pvPlayerT and pvServerT, deliver the highest quality media experience possible in every mobile environment. PacketVideo's mobilemedia products enhance communication, productivity, security, information and entertainment, enabling the delivery of an enriching and productive mobile experience. For more information, visit www.pv.com