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HarborLink Network News & Events
July 22, 2005
SmartVideo Signs
Distribution Agreement
With HarborLink
ATLANTA, Ga. –
(BUSINESS WIRE) – July
22, 2005 – SmartVideo
Technologies, Inc. (OTCBB:
SMVD.OB) today announced
that it has signed a
distribution agreement
with HarborLink Network,
LLC, a leader in the
deployment of Wi-Fi hot
spots. This exciting new
development exposes
SmartVideo’s services to
a new mobile market in
over 150 hi-traffic
locations in 22 states
across the U.S.
HarborLink is expected
to grow its network
another 30% by the
fourth quarter 2005.
Fueled by a national
contract with Buffalo
Wild Wings Grill & Bar,
HarborLink has
quadrupled its number of
Wi-Fi hot spots since
January 2005.
HarborLink’s sites
combine the latest
technology with
convenient locations to
bring users easy, fast
access whether they’re
traveling for business,
staying connected during
a vacation or simply
looking for a break from
the office. HarborLink
has also developed
relationships with city
governments such as the
City of Dayton to
provide “Metro Zones”, a
city wide carrier class,
high-speed wireless
network. Other
municipalities and large
venues are in the final
stages of negotiations
and are expected to be
announced in the near
term.
“HarborLink Network is
excited to take Wi-Fi
hotspot and MetroZone
offerings to the next
plateau by extending our
service offerings to
include high quality,
premium broadcast
media. SmartVideo's
unprecedented library of
content, such as
national networks and
local affiliates, news,
weather, sports,
children's programming,
movies, music videos,
etc. fits nicely into
the direction we have
been steering our hot
spot model”, said Rick
Tangeman, president of
HarborLink Network,
LLC. “The partnership
between HarborLink
Network and SmartVideo
is significant in that
we are now providing
those familiar
television channels we
have all become
accustomed to having in
our homes, and
delivering them to an
ever growing number of
mobile clients and
devices,” he continued.
Commenting on this new
development, Richard E.
Bennett, Jr., president
and CEO of SmartVideo
stated, “HarborLink
Network is a great
partner for us to enter
the Wi-Fi market. With
all the talk of cellular
delivery, it’s easy to
lose focus on the wider
mobile market, including
both cellular and Wi-Fi.
This distribution
announcement represents
another milestone in our
strategy. We expect to
be making additional
distribution
announcements in coming
weeks and we also expect
these agreements to
generate initial revenue
in the third quarter and
significant revenue by
year’s end.
About HarborLink
HarborLink Network, LLC,
formerly a division of
The R.B. Tangeman Co.,
was founded in 1999.
The network, as it
exists today, began
rollout in 2002 and has
been praised as a leader
in the development of
free, advertising-based,
Wi-Fi hot spots.
For more information,
visit
www.harborlink.net
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® 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.
Forward Looking
Statements
This
press release includes
statements that may
constitute “forward-looking”
statements, usually
containing the words
“believe,” “estimate,”
“project,” “intend,”
“expect,” or similar
expressions. These
statements are made pursuant
to the safe harbor
provisions of the Private
Securities Litigation Reform
Act of 1995.
Forward-looking statements
inherently involve risks and
uncertainties that could
cause actual results to
differ materially from the
forward-looking statements.
Factors that would cause or
contribute to such
differences include, but are
not limited to, the
inability of SmartVideo to
obtain the additional
financing needed to fund
operations, the failure of
SmartVideo to convert its
present and future customer
contracts into profitable
arrangements for SmartVideo,
unexpected costs, delays and
other difficulties related
to the timing and success of
product development and
marketing plans, adverse
changes in the market for
the delivery of full-motion,
streaming video content, the
failure of SmartVideo’s
hosting infrastructure, the
complexity of SmartVideo’s
services and delivery
network, pricing and other
activities by competitors,
difficulties involved in
retaining and motivating key
personnel and other risks
detailed in SmartVideo’s
periodic report filings with
the Securities and Exchange
Commission. By making these
forward-looking statements,
SmartVideo undertakes no
obligation to update these
statements for revisions or
changes after the date of
this release. Microsoft,
Windows Media, Powerpoint
and Windows are registered
trademarks or trademarks of
Microsoft Corp. in the
United States and/or other
countries. |
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