EVRH.L Regulatory News (EVRH)

11 Mar 2008 07:02

iPoint-media PLC11 March 2008 Embargoed Release: 07:00hrs Tuesday 11 March 2008 iPoint-media plc ('iPoint-media') iPoint-media signs multi-year contract with Spanish video aggregator iPoint-media (AIM:IPNT), a provider of live, interactive video applications anddelivery platforms for web, mobile and media, announces that it has signed amulti-year agreement with a leading Spanish video aggregator. The agreementoperates on a revenue-sharing basis with a minimum monthly fee and iPoint-mediaexpects revenues of approximately US$200,000 in the first year, growing annuallyover the period of the agreement. The Spanish aggregator/service provider has been utilising iPoint-media'sVitrage 3G mobile video calling application platform for the past two years tooffer a range of revenue-generating video calling services in Spain. Based onthe continued growth and success of its services, the provider has committed toa long-term agreement with iPoint-media. Joseph Daniel, iPoint-media VP Marketing and Sales commented: "We're very pleased to be continuing our relationship with one of Spain'sleading service providers. The decision to enter a long-term agreement withiPoint-media demonstrates the acceptance of 3G video calling services and thestrong commitment customers have to our technology. We foresee continued growthin 3G video calling services and look forward to working closely with all ourpartners in offering the very best 3G and IP video calling services." iPoint-media has seen a growing interest in its Vitrage video callingapplication platform to deliver new forms of interactive video experiences over3G and broadband IP. Vitrage's customers include video service providers, mobileoperators and media companies throughout Europe and Asia Pacific. -Ends- For Further Information: iPoint-media plcMuki Geller +(0) 972 544 450 667Clive Garston +44 (0) 20 7330 6800 John East & Partners LimitedDavid Worlidge/Bidhi Bhoma +44 (0) 20 7628 2200 Hansard GroupAndrew Tan/Vikki Krause +44 (0) 20 7245 1100 This information is provided by RNS The company news service from the London Stock Exchange