October 31, 2008

MobiTV Named Silicon Valley Technology Fast 50 Company

EMERYVILLE, Calif., Oct. 31 /PRNewswire/ -- MobiTV was awarded first place as a Silicon Valley Technology Fast 50 company, receiving top honors in the Internet, Media & Entertainment and Communication category.

The Silicon Valley Technology Fast 50 is a ranking of the fastest growing technology, media, telecommunications and life sciences companies in the Silicon Valley based on percentage fiscal year revenue growth over five years (2003-2007).

This year's program is co-presented by Deloitte, Silicon Valley Bank, Korn/Ferry International, Cooley Godward Kronish LLP, Cornish & Carey Client Solutions, and ABD Insurance and Financial Services -- A Wells Fargo Company.

"This accomplishment is a great barometer of success in our mission to continuously anticipate, develop and deliver a compelling mobile media experience," said Charlie Nooney, Chairman and CEO of MobiTV. "We take great pride, and it's a testament to the skill and dedication of the team at MobiTV, that our technologies, products and the experiences they provide are being recognized and celebrated."

To qualify for the Technology Fast 50, companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues, or devotes a significant proportion of revenues to research and development of technology. Using another companies' technology or intellectual property in a unique way does not qualify. Companies must also meet minimum operating revenue requirements of at least $50,000 and $5,000,000 for fiscal year 2003 and 2007 respectively; be in business a minimum of five years; and headquartered within the San Francisco Bay Area.

For more information on Deloitte's Technology Fast 500 or Technology Fast 50 programs, visit http://www.fast500.com/.

About MobiTV

MobiTV (http://www.mobitv.com/), the leader in the delivery of mobile content and services, develops and offers technology solutions that power an end-to-end managed network for content ingestion, encoding and optimized delivery over mobile and broadband networks. MobiTV's platform technology delivers live television, premium and primetime programming, video-on-demand, satellite and digital music services from top broadcast and cable television networks and major music labels through its carrier and operator partners to more than four million subscribers worldwide. Founded in 1999, MobiTV is a privately held company with headquarters in Emeryville, California.

For more information about MobiTV mobile television products and services, go to: http://www.mobitv.com/gettv. To learn more about MobiTV mobile digital music products and services, go to: http://www.mobitv.com/getradio. Business partners and customers interested in learning more about MobiTV's hosted content delivery technology and solutions, please visit: http://www.mobitv.com/technology/partners.

MobiTV and the MobiTV logo are trademarks, service marks, and/or registered trademarks of MobiTV, Inc. in the United States and in other countries. All other trademarks, service marks, and product names used herein are the property of their respective owners.


CONTACT: Andy Kill, +1-650-691-7311, [email protected]

Web site: http://www.mobitv.com/http://www.fast500.com/http://www.mobitv.com/gettvhttp://www.mobitv.com/getradiohttp://www.mobitv.com/technology/partners