CORRECTING AND REPLACING SmartVideo Technologies Joins with Intel at C

    Business Editors
    Correction by SmartVideo Technologies, Inc.
    CTIA Wireless 2005


    ATLANTA & SANTA CLARA, Calif.--(BUSINESS WIRE)--March 10, 2005--In BW5349 issued March 10, 2005: Please replace the release with the following corrected version due to multiple revisions.

    The corrected release reads:

    SMARTVIDEO TECHNOLOGIES TO SHOWCASE MOBILE VIDEO ON INTEL XSCALE(R) TECHNOLOGY AT CTIA 2005

    SmartVideo Technologies Inc. (OTCBB: SMVD) will present at Intel Corporation's exhibition stand (Booth 5831) at the 2005 CTIA convention in New Orleans. SmartVideo, the world leader in delivering live and on-demand television to smartphones and PDAs, will demonstrate its news, entertainment and weather programming on Linux and Microsoft Windows Mobile devices based on Intel XScale(R) Technology with Intel(R) Wireless MMX(TM) Technology.
    "With Intel XScale Technology, a whole new generation of revenue enhancing services can more easily be delivered to consumers, which increases ARPU," said Richard E. Bennett, Jr., president and CEO of SmartVideo. "As a service provider of advanced multimedia content, I'm confident that the value of Intel XScale Technology is widely recognized by handset producers, carriers, and the ultimate consumer. Intel has again demonstrated why they are the leader in performance and value."
    "It's great seeing SmartVideo support streaming mobile video on both Linux and Microsoft Windows Mobile devices based on Intel XScale Technology," said Gary Forni, Director Software Enabling, Intel Cellular & Handheld Group. "SmartVideo's ability to easily stream their live TV service to different platforms clearly demonstrates their leadership in delivering advanced multimedia content."
    Intel XScale Technology with Intel Wireless MMX Technology significantly expands the capabilities of mobile devices at a time when demand for more entertainment and information on the go is increasing dramatically: more than 50 million video-capable smartphones are in use currently around the world, with projections by the ARC Group market research firm that the number will grow four-fold in just the next three years. Poised to capitalize on increased smartphone consumer adoption, SmartVideo offers technology that enables fluid motion, fully synced live video and audio broadcasts, at an average of 15 frames per second, even on low bandwidth devices operating on today's existing 2.5g cellular networks, making it the only such service able to be called television in the true sense. On 3g and Wi-Fi networks, the video performance consistently exceeds 24 frames per second.

    About SmartVideo

    SmartVideo Technologies, Inc., offers the first service for aggregating live, on-demand and download-and-play content for consumers around the world. Its robust library of content includes national networks and local affiliates, news, weather, sports, children's programming, and many other content genres. 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. The Company's stock is traded on the OTC Bulletin Board under the symbol SMVD.OB. Based in Norcross, Georgia, 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

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CONTACT: SmartVideo Technologies Inc., Atlanta Investor Relations Ron Warren, 770-729-8777 www.smartvideo.com or For SmartVideo The Lippin Group (NY) Matt Biscuiti, 212-986-7080 matt@lippingroup.com or The Lippin Group (LA) Jonathan Taylor, 323-965-1990 jtaylor@lippingroup.com

KEYWORD: CALIFORNIA GEORGIA TRACK INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS CONSUMER/HOUSEHOLD SOFTWARE INTERNET E-COMMERCE TRADESHOW PRODUCT SOURCE: SmartVideo Technologies Inc.

Copyright Business Wire 2005