Jan. 10 2005

Service to Offer Live Programming and Daily On-Demand Reports From 'World News Tonight with Peter Jennings,' 'Good Morning America' and More

SmartVideo Technologies, Inc. (OTCBB:SMVD) and ABC News announced today that ABC News will provide live news coverage and video on demand via cellular Smartphones to SmartVideo subscribers. SmartVideo President and CEO Richard E. Bennett, Jr. and ABC News Digital Media Group senior vice president and general manager Bernard Gershon announced this at CES 2005 (booth #70225, Innovations Plus Pavilion).

Mobile phone subscribers will now have access to ABC News Now, a 24/7 streaming news channel, and daily on demand video from ABC News, including reports from "World News Tonight with Peter Jennings" and "Good Morning America." SmartVideo is the only company in the world that can deliver state-of-the-art, high-quality live television at an average of 15 frames per second to low bandwidth devices operating on today's existing 2.5g cellular network. This collaboration is an innovative way of delivering news to millions of people worldwide.

"ABC News Now is the first news channel built for digital distribution. As more mobile consumers rely on cell phones for news and information, teaming with SmartVideo brings the breadth and depth of our on demand content and ABC News Now, with the latest, live developments in domestic and international news stories, to the ABC News audience anywhere, anytime," said Gershon.

"I am extremely pleased ABC News has recognized the significant value we bring to the table," Bennett said. "Our ability to deliver a dynamic, high quality viewing experience over cell phones will further enhance the public's growing dependence on their cell phones for news and information. It has become increasingly important for people everywhere to have access to news as it is happening, and SmartVideo has the perfect medium to deliver it."