NextIO and Broadcast International Team for Breakthrough HD Video Demo at IPTV North...

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Tue Jul 22, 2008 6:19am EDT

NextIO and Broadcast International Team for Breakthrough HD Video Demo at IPTV North America

CHICAGO--(Business Wire)--
NextIO, the leader in virtualized I/O solutions, and Broadcast
International (OTCBB: BCST) ("BI"), the leader in low-bandwidth video
compression software, today announced that they will team to showcase
a breakthrough HD video demonstration at the IPTV North America show
in Chicago, July 22nd and 23rd (BI booth #16).

   The demonstration -- which utilizes NextIO's ExpressConnect
solution and BI's ultra-high speed video compression technology,
running on the IBM BladeCenter(R) QS21 server -- will feature
real-time video encoding at under 3Mbps. This is compared to the MPEG
2 standard of 19.4 Mbps at which most HD video is transmitted, and
will enable video providers to pack more HD video onto limited
bandwidth.

   The NextIO technology solves one of the most important challenges
encountered by high-speed HD video transmission -- limited and
limiting I/O throughput. The ultra-high speed connections provided by
the Next/I/O's PCI Express-based ExpressConnect solutions allow
maximum and scalable data flow to the system, commensurate with the
processing power of the IBM BladeCenter environment. This input speed,
combined with the unrivaled power of the underlying CPU technology,
enables BI's CodecSys(R) video compression software to deliver encoded
HD video in real-time at breakthrough rates, under 3 Mbps.

   The combined technologies promise to change the video distribution
world by making it possible for cable, satellite or IPTV providers to
deliver live HDTV at compression levels four to six times higher than
is currently possible. Conservation of limited bandwidth resources has
become a critical requirement in the broadcast, cable, satellite,
mobile and IPTV markets, especially as bandwidth-intensive,
high-definition video becomes the industry standard.

   "We're pleased to be partnering with NextIO to deliver this
unmatched solution to video compression," said Rod Tiede, CEO of
Broadcast International. "Video throughput was a key challenge in
delivering our solution, and NextIO provided the ideal complement to
our technology. The scalability of the NextI/O design provides us the
ability to deliver a large number of high definition video inputs to
our system without delays and to take full advantage of the processing
capabilities of the IBM platform. Our aim is to shatter the bandwidth
barrier completely with our solution."

   According to Chris Pettey, NextIO CTO and co-founder, "This is the
first time customers can take advantage of the full density of blade
solutions with standard PCIe I/O cards in order to produce streaming
live, HD video. We are pleased to be part of this
industry-revolutionizing solution that will literally change the face
of broadcast television."

   NextIO's Express Connect

   NextIO's Express Connect(TM) is a complete end-to-end connectivity
solution, using PCI Express (PICe) technology. Express Connect
provides an optimal platform that complements the high density and
scalability of the IBM BladeCenter family of products.

   NextIO will be demonstrating the first of the Express Connect
family of products, the N1400-PCM High-Speed Switch Module, which lets
all blade servers extend their PCIe signals to an external I/O
expansion unit, the N2800-ICA I/O Consolidation Appliance. Both
products are immediately available in sampling quantities.

   Broadcast International's CodecSys Video Compression Software

   Broadcast International's breakthrough CodecSys software will
provide access to a patented, multi-codec approach in which a video
stream is analyzed and the codec best-suited for a particular frame or
video sequence is automatically selected from an entire library of
specialized codecs. These specialist codecs are designed to handle
particular types of high-bandwidth video frames or streams -- such as
fast-motion sequences in a basketball game or explosions in an action
movie -- that pose chokepoints to generalist codecs. By selecting the
best expert codec for the job, CodecSys is able to eliminate these
chokepoints and offer performance several times higher than
competitive products.

   One of the key benefits of the CodecSys software approach is
CodecSys-based encoders can be easily updated as standards and
requirements evolve, through simple, cost-effective software
downloads. Other commercial solutions based on embedded systems
require costly, full replacement. The underlying IBM multi-core
hardware platform is also highly programmable and scalable, enabling
users to add additional processing power by simply adding extra
processors.

   About NextIO

   NextIO Solutions provide the optimal PCI Express platform for
resource sharing, pooling, expansion and virtualization. Using PCI
Express as a transport medium is ideally suited for dense computing
applications since there are no new software or protocols required.
NextIO provides a cost-efficient way to bring the benefits of
virtualization to your organization today -- and at the same time,
future-proofing your computing infrastructure for tomorrow.

   Led by a team of industry veterans, NextIO is based in Austin,
Texas. NextIO recently closed an $18.8 million Series C funding round
led by Adams Capital Management and Crescendo Ventures. The company
website can be found at www.nextio.com.

   For pricing and specifications of NextIO products, contact Jack
LeWinter, NextIO, at 512-439-5354 or Sales@NextIO.com.

   About Broadcast International

   Broadcast International is a leading provider of video-powered
broadcast solutions, including IP, and digital satellite, Internet
streaming and other types of wired/wireless network distribution. BI's
patented CodecSys software is a breakthrough, artificial
intelligence-based video compression technology that cuts video
bandwidth requirements more than 80% over satellite, cable, IP and
wireless networks. By slashing bandwidth needs, CodecSys enables a new
generation of applications such as streaming video to cell phones, and
offers unprecedented price/performance benefits for existing
applications such as HD video.

   Broadcast International is a public company (OTCBB: BCST)
headquartered in Salt Lake City, Utah. For more information go to
www.brin.com and www.codecsys.com.

   Forward-Looking Statements

   All statements in this news release that are not based on
historical fact are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995 and the
provisions of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended
(which Sections were adopted as part of the Private Securities
Litigation Reform Act of 1995). While management has based any
forward-looking statements contained herein on its current
expectations, the information on which such expectations were based
may change. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of
risks, uncertainties, and other factors, many of which are outside of
our control, that could cause actual results to materially differ from
such statements. Such risks, uncertainties, and other factors include,
but are not necessarily limited to, those set forth under the caption
"Additional Factors That May Affect Our Business" in the Company's
most recent Form 10-K and 10-Q filings, and amendments thereto. In
addition, we operate in a highly competitive and rapidly changing
environment, and new risks may arise. Accordingly, investors should
not place any reliance on forward-looking statements as a prediction
of actual results. We disclaim any intention to, and undertake no
obligation to, update or revise any forward-looking statement.

   BladeCenter, IBM, QS21 and Power Architecture are trademarks of
International Business Machines Corporation in the United States,
other countries or both. PLAYSTATION is a registered trademark and
Cell Broadband Engine and Cell/B.E. are trademarks of Sony Computer
Entertainment, Inc., in the United States, other countries, or both
and is used under license therefrom.

NextIO
Paul JJ Payack, 512-439-5350
925-367-7557 (Cell)
ppayack@nextio.com
or
Snapp Conner PR
Cheryl Snapp Conner or Jeremy Kartchner, 801-994-9625
cheryl@snappconner.com; Jeremy@snappconner.com

Copyright Business Wire 2008
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