June 30, 2008
ESPRE Solutions and Telethra Partner for the Delivery of Next-Generation Live Media Over the Internet
ESPRE Solutions, Inc. (OTCBB: EPRT), a Dallas-based video media solutions and technology company with a revolutionary and patented video compression technology, announced today that it has partnered with Telethra, a leading developer of a patent-pending VXN technology and award-winning OpenVPN open source software. This partnership enables any size enterprise to deploy ESPRE's next-generation video and collaboration services and applications rapidly over the Internet.
Together ESPRE and Telethra provide the means to create a virtual portal for a full set of development services and applications for enterprise and consumers seeking reliable and scalable collaboration and on-line video solutions. "ESPRE Solutions on-line video and collaboration software is a great asset to the Telethra infrastructure. ESPRE's patented Lightning Strike(TM) Codec surpasses all others' CODECs, including the fact that the LSVX(TM) CODEC has better signal to noise ratios (PSNR), causing ESPRE's video playback to be much sharper," said Francis Dinha, CEO of Telethra. "ESPRE has made tremendous progress in bringing its technology and tools to this level of maturity and functionality for the user and developer. Telethra is excited to partner with ESPRE to take on future developments and add to their offer with our VXN platform technologies. Our combined technologies create a powerful framework that makes Web 2.0 strategies even simpler to adopt and more affordable for the mass market."
ESPRE Solutions CEO, Pete Ianace states that, "ESPRE has an unlimited right to use license for Telethra's VXN technology which is the backbone for ESPRE's VUELive and OpenACircle.com service offerings being launched over the summer and fall. Telethra's established brand and open source OpenVPN community are complementary to ESPRE's. Additionally, Telethra has the proven ability to bring to market enterprise-grade open source software, which will greatly enhance ESPRE's service and applications deployment." Mr. Ianace continues, "Telethra has the leadership and commitment to innovation that will help ESPRE move into a leading position in the developer and on-line video collaboration markets. Integration with Telethra VXN and OpenVPN technologies will only serve to bolster the strength of our platform."
ESPRE's hosted video applications, licensing of the ESPRE Solutions LSVX(TM), and licensing of Telethra VXN are available immediately.
About ESPRE Solutions, Inc.:
Plano, Texas-based ESPRE Solutions is a public company (OTCBB: EPRT) that is reinventing how enterprises work and exchange information and ideas by providing a truly viable solution for live, high-quality multi-media video collaboration. ESPRE Solutions harnesses the power of collaboration to extract the benefits of visually connecting global work groups and individuals to create, share, and deliver live video content over the Internet. At the core of ESPRE Solutions is the revolutionary video encoding and decoding (codec) services provided by the patented wavelet based Lightning Strike LSVX(TM) Codec. ESPRE's business strategy focuses on building strong partnerships, investing in companies that define the leading edge of video collaboration. To learn more about ESPRE Solutions, or to experience the company's pioneering video compression technology, visit www.espresolutions.com
Forward-looking statements made in this release made pursuant to the "safe harbor" provision of the Private Securities Reform Act of 1995. Forward-looking statements made by ESPRE Solutions, Inc. are not a guarantee of future performance.
About Telethra, Inc.:
Telethra is a privately held company based in Silicon Valley, CA, integrating a suite of leading-edge networking and software technologies. Telethra has designed and deployed a Virtual eXchange Network (VXN) that provides secure, reliable, and scalable communication services , not only fulfilling the requirements of the traditional virtual private network (VPN) market, but also addressing the demands of real-time media exchange and distribution applications. OpenVPN, our award-winning open source VPN product, has established itself as a de-facto standard in the open source networking space with over 2.5 million downloads since inception. Telethra is the provider of next-generation secure and scalable communications services, implementing its business through strategic partnerships with key application software providers, and marketing its product to SMB market place through its OpenVPN web site that is experiencing more than 200,000 new SMB users, prospects, and customers per month. Learn more about Telethra at http://telethra.com.
PRESS CONTACTS: ESPRE Solutions, Inc. Pete Ianace Email Contact Telethra, Inc. Francis Dinha Email Contact
SOURCE: ESPRE Solutions, Inc.