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CiiNOW, Inc. Announces Cloud Gaming Partnership With kt media hub



  CiiNOW, Inc. Announces Cloud Gaming Partnership With kt media hub

Korea’s largest media and content provider to deploy a Cloud Gaming service on
                     all kt olleh customer set-top boxes

Business Wire

MOUNTAIN VIEW, Calif. -- April 30, 2013

CiiNOW, Inc.,^ a leader in Cloud Gaming technology and branded gaming
platforms, today announced a strategic initiative with Korea’s most
distinctive and compelling media and content provider, kt media hub, to bring
a robust library of streamed video games to kt’s smart olleh TV users. The
partnership announcement was celebrated at a signing ceremony last week at the
kt media hub offices in Seoul, Korea.

CiiNOW's CEO and Co-Founder, Ron Haberman, at the Company's signing ceremony
with kt media hub in Se ...

CiiNOW's CEO and Co-Founder, Ron Haberman, at the Company's signing ceremony
with kt media hub in Seoul, Korea. (Photo: Business Wire)

Key to the selection of CiiNOW as KT’s Cloud Gaming technology partner was the
company’s proven conquest over latency during gameplay. With CiiNOW’s
proprietary technology, Cumulus, the latency experienced playing games is
significantly less than that of consoles and other Cloud Gaming services.

“The high quality of Korea’s internet speed and connectivity, coupled with a
demographic of people who really love games, makes this an ideal region to
launch a successful Cloud Gaming service,” said Ron Haberman, CiiNOW’s CEO and
Co-Founder. “We are thrilled to be aligned with Korea’s leading media and
content provider to deliver a quality Cloud Gaming experience to KT’s
customers.”

About CiiNOW, Inc.

CiiNOW, Inc. leverages Cloud technology and innovation to deliver an instant,
high quality gaming experience across screened devices. The company's
patent-pending hardware and server management technology are architected to
maximize virtualized data center environments to deliver games through PCs,
Macs, set-top boxes, tablets, smart TVs, and mobile devices. The CiiNOW
platform, Cumulus, moves beyond the world of software upgrades and hardware
constraints, and enables service providers and game developers to capitalize
on the lucrative gaming market as it transitions from physical media to pure
digital distribution. CiiNOW, Inc. is funded by Alcatel-Lucent Ventures,
Foundation Capital, and AMD Ventures. For more information, please visit
http://www.ciinow.com.

About kt media hub

kt media hub (Seoul, Korea) was founded in December 2012 to drive one of KT’s
key areas of growth, media and content, and extend its reach overseas. kt
media hub aims to create the necessary synergy between media and content, and
position itself as the most distinctive and compelling media and content
provider in Asia. It is currently a wholly-owned subsidiary of KT, with
strengths in IPTV, mobile TV, e-book, B2B advertising and smartphone
application. kt media hub’s olleh tv, the largest IPTV service provider in
South Korea with more than 4.3 million subscribers, offers a full variety of
200 real-time channels and 130,000 different video-on-demands. olleh tv now,
the mobile TV service with more than 500,000 subscribers, aims to complete the
N-screen eco-system and olleh e-book, storing over 120,000 books, features
Text-To-Speech (TTS) for an advanced reading experience. Last but not least,
kt media hub runs multiple advertising solutions, from olleh tv to cinema
advertising, to properly deliver advertising messages to target audiences.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130430005604/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50621131&lang=en

Contact:

CiiNOW, Inc.
Valerie Pressley, +1 415-234-0825
valerie (at) ciinow (dot) com
or
kt media hub
Jooyeon Kim, + 82 (10) 4513 3391
Jooyeon (dot) kim (at) kt (dot) com
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