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Center 7 Signs Letter of Intent to License Broadcast International's Video Compression Technology

Posted on: Thursday, 10 May 2007, 15:00 CDT

Broadcast International (OTCBB: BCST) and Center 7 today announced that they have signed a Letter of Intent in which Center 7 will license BI's CodecSys video compression technology for resale to Center 7's clients. Upon its completion by the IBM/BI joint development team, Center 7 has also been granted the right to deploy the first encoder featuring the CodecSys multi-codec software on the IBM(R) BladeCenter(R) QS20 "Cell Blade." This synergistic combination of technologies will significantly improve performance and reduce costs associated with video compression.

Customers are demanding the delivery of better quality video over existing networks. For distribution centers like Lindon, Utah-based Center 7, that means coming up with efficient storage and compression solutions. With the deployment of the IBM/CodecSys encoding system, Center 7 will be enabled to deliver the highest quality video content over the lowest possible bandwidths. At the same time, storage requirements will also be minimized. Center 7 anticipates its existing PilotCenter customers in the medical, education and IPTV markets will quickly take advantage of this new service offering.

"The CodecSys system provides the answer to our biggest video delivery challenge: high-quality delivery over existing networks," said Nathan Hatch, President & CEO of Center 7, Inc. "This partnership will allow our customers access to the most robust video compression technology available today."

"Center 7 operates world-class managed hosting facilities and delivers software-as-a-service and service management platforms that are highly valued by many prominent clients," said Rod Tiede, Broadcast International CEO. "We are gratified that Center 7 is convinced, not only of the powerful compression resulting from the combination of our CodecSys multi-codec encoding software with IBM's multi-core processor, but also that the new system will be almost infinitely upgradeable."

About Broadcast International

Broadcast International is a leading provider of video-powered business solutions, including IP and digital satellite, Internet streaming, and other types of wired/wireless network distribution. In addition, BI assists clients with video production, rich media development and a full range of network support services. BI also possesses a patented technology, CodecSys, which provides enhanced video at current bandwidths or reduces the cost of bandwidth while maintaining quality.

Broadcast International was founded in 1984 and is a public company (OTCBB: BCST) headquartered in Salt Lake City, UT. For more information and to learn more about Broadcast International and CodecSys on the Web go to www.brin.com and www.codecsys.com

About Center 7, Inc.

Center 7 Inc. is a leading provider of a Software-As-A-Service (SaaS) platform marketed under the PilotCenter brand. This unique on-demand software system provides the industry's first end-to-end SaaS framework and delivery system. Ranging from net-native direct Internet access to an on-site appliance, the C7 SaaS PilotCenter platform is a complete system including network migration, information access and managed hosting all from a single provider. The PilotCenter SaaS suite allows software vendors the ability to migrate from traditional packaged software distribution models to network and web-based access and management for rapid deployment, resulting in increased penetration and decreased costs. Software developers in the service management automation, enterprise management and medical infrastructure markets already take full advantage of the PilotCenter SaaS platform. For more information visit: www.center7.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, QS20 and Power Architecture are trademarks of International Business Machines Corporation in the United States, other countries or both.

 Contact:  Joe Zappulla Wall Street Consultants Corp. 212-681-4100 JZappulla@WallStreetIR.com  Mike McIntyre Consolidated Concepts, Inc. (718) 701-4314 mike.mcintyre@gmail.com

SOURCE: Broadcast International, Inc.

Source: MARKET WIRE

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