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CDNetworks and Octoshape Partner for PeerAssisted Live Streaming to...

CDNetworks (KOSDAQ: 073710), a top-three global, full-service content delivery network (CDN), and Octoshape, a leading provider of high-quality peer-assisted streaming solutions, have joined forces to deliver affordable live streaming for millions of concurrent viewers. The hybrid peer-to-peer solution, resulting from the integration of CDNetworks' enterprise network and Octoshape's peer platform, is the first solution of its kind that is commercially available and tested for internet broadcasting of large scale events.

Available immediately, the CDNetworks Media Live Streaming service enables massively scalable live audio and video streaming that ensures high-quality end-user experiences while significantly cutting costs for the broadcasters and content owners. The combined Octoshape and CDNetworks solution takes streaming to a new level, providing a serious alternative to traditional large-scale broadcasting.

CDNetworks Media Live Streaming service enables an unprecedented level of scalability and quality for real-time delivery of large-scale live events, such as concerts, sporting events, news casts, and other events in which hundreds of thousands to millions of viewers are expected to attend. Until this partnership, distributing content reliably, and especially live content, to an audience that is located around the world and is connected by Internet broadcast media would have been technically and financially untenable. CDNetworks Media Live Streaming makes distributing content, such as live streaming on a large scale, affordable (in-line with traditional television broadcast) while benefiting media service providers including TV broadcasters, CATV, and IPTV.

The superior performance and stability of Media Live Streaming is a well-known fact among leading European broadcasters, including DW-TW, a German news channel, and RTP, a major Portuguese broadcasting station. For years now, Octoshape's leading edge streaming services have powered the high-quality international webcast of the pan-European music event "Eurovision Song Contest" reaching millions of viewers.

Media Live Streaming service uses Octoshape's powerful state-of-the-art peer-assisted transport technology. The service secures optimal transmission routes by utilizing a special communication protocol to ensure smooth transmission in diverse user network environments. Media Live Streaming also uses a high-quality transport mechanism that eliminates buffering and enables stable transmission of high-quality content even over great network distances.

"The combined force of Octoshape and CDNetworks makes a powerful mix of leading-edge technology and global infrastructure," said Stephen Alstrup, CEO of Octoshape. "We are excited to be working with CDNetworks on a global scale to transform the way live content is delivered."

"We are very excited about the partnership with Octoshape that has resulted in the new CDNetworks Media Live Streaming service," said Sangwoo Park, Executive Vice President of Marketing at CDNetworks. "This combined technologically advanced platform delivers unparalleled user experience and economies that provide new market opportunities for our existing and future customers. It allows them to affordably deliver live broadcasts over the Internet to a virtually unlimited number of live concurrent users."

About Octoshape:

Octoshape is a leading provider of fully hosted, high-quality streaming solutions. Octoshape solutions are used by major international broadcasters to power the future of streaming media. For more information, please visits: www.octoshape.com.

About CDNetworks:

CDNetworks, a top-three global, full-service content delivery network (CDN), provides technology, network infrastructure, and customer services that accelerate the delivery of Internet content and applications to end users around the world. CDNetworks provides a comprehensive suite of technology for video streaming, large-volume-files downloads, and image caching, which delivers unparalleled quality of performance, service, and reliability. World-leading media and entertainment, technology, retail, and online gaming companies rely on CDNetworks to optimize their end users' online experiences. CDNetworks, founded in 2000 in Seoul, Korea, has subsidiaries in the US, China, and Japan and is publicly traded on Korea's KOSDAQ exchange (KOSDAQ: 073710). For more information, please visit: www.cdnetworks.com.

CDNetworks Press Contact:                

Frances Mann-Craik                         

+1 408 868-9577        

Octoshape Press Contacts:

Lasse Riis

+45 6171 3454

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