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WirelessDevNet.com Press Release
Acotel Group to License helloNetwork Java Video Technology to Deliver Video to Mobile Handsets
BOSTON, MA, USA AND ROME, ITALY– November 5, 2003 -- Acotel (MIB:ACO), the global provider of mobile multimedia platforms and applications, announced today it has selected the helloNetwork helloMobile Java video technology to enrich its product offering for media companies and mobile network operators.
helloNetwork and Acotel have reached an agreement that will include localizing the helloMobile technology for current target markets. Initial deployments will focus on pre-recorded video deliveries and live consumer-originated video feeds to Java-enabled mobile handsets.
Acotel executives unveiled the Company’s latest mobile applications, including those developments resulting from this new partnership with helloNetwork, during the recent CTIA Wireless IT & Entertainment Expo in Las Vegas.
“Acotel’s market reach and technological expertise will prove indispensable to deploying helloMobile services globally,” said Victor Siegel, CEO, helloNetwork. “helloNetwork in turn is providing Acotel with a unique component of their mobile media solution, which we fully expect will create a wealth of additional revenue streams immediately.”
“The need for video-based applications is continually increasing and we have seen significant interest in these types of value-added services from end users, particularly since the beginning of 2003, said Claudio Carnevale, chairman and CEO, Acotel Group. “The agreement with helloNetwork enables Acotel to deliver video download and play capabilities to its partners, complementing an already comprehensive mobile multimedia offering.”
helloNetwork is scheduled to outfit Acotel’s data centers in Amman, Boston, Dublin, Dubai, Rio de Janeiro, and Rome with its helloMobile Encoder Appliance™ and playback applications.
About helloNetwork
helloNetwork is the leading developer of a Java™-based, end-to-end streaming media platform that delivers both live and recorded video, audio, and data to any Java-enabled device, including mobile phones, PDAs, PC web browsers, and digital television set-top boxes. helloNetwork’s custom-built wireless applications for carriers and content providers are opening up the marketplace for consumers to receive audio and video on their mobile phones.
With offices in New York, London, and Tokyo, and partnerships with leading carriers, handset manufacturers, and content providers, helloNetwork is paving the way for streaming media to connect with the wireless world. Visit www.hellonetwork.com for more information.
About Acotel
Acotel is a leading provider of multimedia platforms and applications to mobile network operators and media companies around the world. Through its customer base, Acotel services more than 35 million end users and enabled 340 million paid text and multimedia messages in 2002. Founded in 1992, Acotel operates in 20 countries and is publicly traded on the Milan Stock Exchange. Acotel customers include IBM, Orange, Radio Hit Channel, Telecom Italia Mobile, Tiscali and Vodafone. Visit www.acotel.com for more information.
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