iPoint-media Signs Multi-Year Contract with Spanish Video Aggregator

Newbury, United Kingdom, March 13, 2008 --(PR.com)-- iPoint-media (AIM:IPNT), a provider of live, interactive video applications and delivery platforms for web, mobile and media, announces that it has signed a multi-year agreement with a leading Spanish video aggregator. The agreement operates on a revenue sharing basis with a minimum monthly fee and iPoint-media expects revenues of approximately two hundred thousand dollars in the first year, growing annually over the period of the agreement.

The Spanish aggregator/service provider has been utilizing iPoint-media’s Vitrage 3G mobile video calling application platform for the past two years to offer a range of revenue generating video calling services in Spain. Based on the continued growth and success of its services, the provider has committed to a 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’s leading service providers. The decision to enter a long-term agreement with iPoint-media demonstrates the acceptance of 3G video callings services and the strong commitment customers have to our technology. We foresee continued growth in 3G video calling services and look forward to working closely with all our partners in offering the very best 3G and IP video calling services.”

iPoint-media has seen a growing interest in its Vitrage video calling application platform to deliver new forms of interactive video experiences over 3G and broadband IP. Vitrage’s customers include video service providers, mobile operators and media companies throughout Europe and Asia Pacific.

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