Korea Telecom licenses SPIRIT Voice&Video Engine PC

For its Next Generation Multiplatform Value-adding IP-based Services

MOSCOW, Russia – November 4, 2008 – SPIRIT DSP, the world’s leading provider of voice and video software engines, announced today that Korea Telecom (KT), Korea’s top integrated wired/wireless communications service provider, has licensed SPIRIT’s carrier-grade TeamSpirit® 3.0 Voice&Video Engine PC to ensure high quality voice and video in their next generation value-adding IP-based services.

IDC Korea valued the local VoIP market at about $251 million last year with the expected annual growth over 50 percent for the next five years reaching $1.5 billion by 2011. Targeting the quickly growing Korean VoIP market and striving to achieve customer satisfaction with innovative services, KT is evolving their network infrastructure into an all-IP environment and launches their own IP-based services – SoIP (Services Over Internet Protocol). SoIP is to become a high-end lifestyle system that integrates VoIP and multimedia allowing customers to enjoy a variety of customizable interactive services.

Carrier-grade TeamSpirit Voice&Video Engine with its highest quality and easy multiplatform integration will contribute to KT innovative solutions targeted to retain 20 million fixed-line and Internet-based telephony customers. Last year KT chose TeamSpirit Engine PC for the trial run on their new multi-service terminals. Now KT confirms their assurance in the highest quality of the selected solution recognizing SPIRIT’s Voice&Video Engine as the most cutting edge technology for multimedia communication services.

“Convergence of Internet and traditional telecom industries has already become an irreversible trend and one of the key driving forces for future innovations reflecting the fast changing customers’ needs,” said Dongsik Yun, VP of Window Platform Department at Korea Telecom. “KT’s answer to this innovation challenge is the re-definition of our services to SoIP aimed to accelerate market growth and to deliver rich multimedia experience for our customers. To satisfy rising subscribers’ needs for various services on different platforms we confidently chose SPIRIT’s Engines, a rich carrier-grade multiplatform solution. SPIRIT’s Engines secure high quality voice and video for our customers on a broad range of terminal devices and as a result enhance their overall loyalty.”

Ready for immediate licensing, TeamSpirit 3.0 Voice&Video Engine PC is a complete, carrier-grade pre-integrated voice and video over IP (V2oIP) processing solution that provides superior speech and picture quality combined with reliable performance in a broad range of PC-based communication applications. The TeamSpirit Engine includes SPIRIT’s proprietary patent-free IP-MR™ codec that is specifically optimized for voice transmission over IP networks and robust to packet loss. Thanks to unique proprietary technologies, TeamSpirit successfully solves all issues encountered in video over IP communications (packet loss, delay, jitter, synchronization losses, etc.). An extended set of multimedia features makes TeamSpirit an ideal choice for emerging IMS platforms supporting 3gp video sharing, playback and recording, push-to-talk. TeamSpirit Voice&Video Engine is available on Windows, Mac, Linux platforms and supports different call scenarios: pc2pc calling, pc2pstn calling and ad-hoc conferencing.

“Asia Pacific is known for its fast and massive adoption of next-generation communication services. We are delighted to constantly strengthen our positions in the region and see each successful project as a validation of the advances and maturity of SPIRIT’s technology,” stated Alex Kravchenko, VP Sales of SPIRIT. “Innovate or die – to keep pace with today’s highly competitive market and subscribers’ fast changing preferences, every carrier seeks the most efficient and the same fast ways to develop, create, deliver and replace innovative services. Korea Telecom is now making a resolute move into voice and video over IP. After successes with AT&T, British Telecom, France Telecom as well as with a number of other Tier 1 global industry leaders, we have no doubt that SPIRIT’s multiplatform, carrier-grade, multimedia Engines are the best choice for Unified Communication services, requiring seamless, cross-platform integration, high efficiency of CPU power utilization and quick time-to-market.”

About SPIRIT

SPIRIT DSP (www.spiritDSP.com) is the world’s leading provider of carrier-grade voice & video software engines since 1996. SPIRIT communication software is used in over 80 countries and powers more than 100 million voice channels. SPIRIT counts among its direct customers Adobe, ARM, AT&T, Blizzard, BT, China Mobile, Cisco, Ericsson, HP, HTC, Huawei, Korea Telecom, Kyocera, LG, Microsoft, NEC, Oracle, Polycom, Radvision, Samsung, Siemens, Skype, Texas Instruments, Toshiba, ZTE, and 200+ other telcos, OEMs and software vendors. SPIRIT smart-phone OEM customers’ shipments jointly exceed 60% share of the global market.