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WirelessDevNet.com Press Release
National Raceline(TM) to Stream Live Thoroughbred Horse Racing to Mobile Phones Through SmartVideo
ATLANTA-- Aug. 3, 2005-- SmartVideo Technologies, Inc. (OTCBB: SMVD.OB) today announced that it has entered into a revenue sharing partnership agreement with The National Raceline(TM) to stream live horse racing to mobile phones from racetracks around the country. The National Raceline has provided instant race calls and results via the telephone to the racing community since 1989. This development allows racing fans to watch their favorite races live directly on their handheld mobile devises via mobile phones, PDAs and Wi-Fi connections. Horse racing has a base of tens of millions of fans among American adults (18 years or older) who have wagered on races in the past two years.
"We are very excited to extend National Raceline's services to mobile video feeds so that racing fans can watch and hear results from virtually anywhere," said Eric Cherry, president of National Raceline and a longtime owner and breeder. "In 1989, we were on the cutting edge in delivering live audio feeds of races to fans and with our partnership with SmartVideo this will bring us to the cutting edge again. This will give today's fans access to what they need and want."
"I am extremely pleased that The National Raceline has recognized the significant value we bring to the table," said Richard E. Bennett, Jr., president and CEO of SmartVideo. "Our ability to deliver a high quality viewing experience for thoroughbred racing fans around the world to their cell phones is truly revolutionary. We continue to be on track with the implementation of our sales and marketing strategies and look forward to announcing other similar revenue generating partnerships over the coming weeks."
About The National Raceline
The National Raceline(TM), based in Delray Beach, Florida, has allowed horsemen to listen to actual race calls from racetracks coast to coast including Canada for sixteen years. The Company has also operated telephone services for many publications including Daily Racing Form and Harness Eye.
About SmartVideo Technologies, Inc.
SmartVideo Technologies offers the first and best-in-class services for broadcasting live, on-demand and download-and-play television content for mobile video consumers around the world. SmartVideo's television solutions deliver sharp video images with fully synched audio for broadcast to video-enabled cell phones and other handheld devices, via current and next-generation cellular and Wi-Fi systems. SmartVideo's proprietary technologies include a full suite of television content management services for wireless telco carriers as well as content owners, to provide an end-to-end mobile television broadcast and business solution. SmartVideo's robust library of content includes news, weather, sports, children's programming and more, from such leading international brands as ABC News, NBC Universal, Fox Sports, The Weather Channel and dozens of others. SmartVideo's mobile video solutions provide exceptional image quality on all existing 2.5G and Edge cellular networks, and near-broadcast quality on 3G and Wi-Fi networks. SmartVideo is a Microsoft Windows Media(R) 9 Series Certified Hosting Provider. For additional information and to subscribe to SmartVideo's Live TV content packages visit www.smartvideo.com or using your smartphone visit www.windowsmedia.com/mobile.
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