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Abacast Reports Record Revenue Growth for 2008

Abacast, Inc. (http://www.abacast.com), a leader in real-time streaming solutions has today announced record revenue growth for 2008. Growth over 2007 revenues came in at 38%, significantly exceeding the CDN industry average growth rate of approximately 28%.

Revenue growth was consistent across the full suite of Abacast's8217;s services including unicast and peer-assisted streaming (http://www.abacast.com), revenue generation services such as Ad Injection System (http://www.abacast.com)'s8482;, and user experience enhancements via Abacast Premier and Custom Players. Notably, hybrid and peer-assisted streaming revenue comprised over 40% of Abacast's8217;s total revenue, demonstrating the clear value proposition of a hybrid CDN (http://www.abacast.com) solution.

's8220;Customers are coming to Abacast for our full service solutions -- from our rock-solid live and on-demand unicast and hybrid streaming, to rich, branded user experiences to optimized revenue generation,'s8221; said Jim Kott, VP of Sales and Marketing. 's8220;Our focus this year on ROI and revenue generation is also paying off and clearly attracting customers.'s8221;

2008 also saw Abacast close in on the 50 million milestone for installs of its industry-leading peer-assisted client. With over 48 million clients installed to date, Abacast projects the 50 million mark will be reached in early 2009.

's8220;The ability to achieve this growth rate in this challenging economic environment is a testament to the value propositions and maturity of our hybrid delivery solutions and to the overall growth of streaming video in the marketplace,'s8221; added Rob Green, Board Member and Managing Director. 's8220;This is Abacast's8217;s 3rd consecutive year of record revenues, and I's8217;m very encouraged about our prospects for 2009.'s8221;

About Abacast, Inc:

Abacast, Inc. is a commercial quality, Hybrid Content Distribution Network (CDN), offering the most options in the industry to distribute and monetize Internet distribution of rich media including live video and online radio, Video-on-Demand, and games and software. Abacast, Inc. is headquartered in Camas, WA and is a privately held company. For more information call (360) 834-5229 or email sales @ abacast.com.

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