Streamezzo Raises € 5 million in First Financing Round Paris, Monday September 6, 2004

French Start-up, First Provider of Rich Media Browsing Solutions for Mobiles, Achieves Record Financing Led by AXA Private Equity and Including T-Source, FTTI and GET Valorisation.

Streamezzo, a company originating from technologies developed by France Telecom R&D and ENST, today announced its first financing round led by AXA Private Equity and with key participations from T-Source, France Telecom Technologies Investissements (FTTI) and GET Valorisation for a total of € 5 million, these two last companies having in addition made with Streamezzo a contribution technologies resulting from their R&D's activities.

Following several years of research around the MPEG-4 standard, Streamezzo created a solution revolutionizing the mobile phone experience: Rich Media Browsing. Starting from a bandwidth of 10kb/s, the technology enables for the first time to stream and browse audio, video and graphical animations simultaneously on a mobile phone screen.

Thanks to Streamezzo, telecom operators and content providers can now create graphically appealing Web sites that can include fun and vivid presentations, all readable from a cell phone. Streamezzo provides mobile browsing for all by creating quality sites equivalent to those on the Web, with an unprecedented interface and ease-of-use. These features contribute to impulse buying and reinforce non-voice services utilisation.

The Streamezzo offer is built on an open software suite which includes a browser (Streamezzo Browser), a multimedia-based application server (Streamezzo Service Node) and a site development tool (Streamezzo Studio).

“Streamezzo will use the capital to meet the already growing demand from mobile operators and content providers and to rapidly build an international presence,” said Stephane Roder CEO of Streamezzo.

About Streamezzo

Streamezzo, a french mobile software company, provides a complete Rich Media browsing solution for mobiles. Streamezzo’s solution is patented and based on a breakthrough technology concieved and developed by France Telecom' labs enabling to stream and browse audio, video contents and graphical animation, simultaneously on mobile phones. Streamezzo has already developed strong partnerships with the most important French players and is actively pursuing its development throughout Europe and Asia. Streamezzo’s management team includes Stephane Roder, CEO; Olivier Avaro, Vice President and Strategic Marketing Director; Jean-Claude Dufourd, Chief Scientist; and Cedric Gegout, CTO.
For further information, please contact Anne-Julie Ligneau +33 6 23 41 04 70 or visit www.streamezzo.com.

About France Télécom Technologies Investissements

Founded in 1999, France Telecom Technologies Investissements trades Intellectual Property Rights developed within France Telecom against minority stakes in start-ups and invests in start-ups with a technological know-how complementary to that of FT&RD’s research..
France Télécom R&D, a research and development centre, provides innovation thrust for France Télécom and its subsidiaries, in France and abroad. Its role is to anticipate revolutions in technology and customer use, providing innovation to offer customers the best from telecommunications, simultaneously imagining today the technologies which will be part of their daily life tomorrow. France Télécom R&D’s results have put the Group in the lead position in Europe in terms of telecommunications research and development.
For further information, please visit
www.rd.francetelecom.fr/fr/medias/medias.php

About GET

The GET (Groupe des écoles des télécommunications) is a public institution dedicated to higher education end research in the field of information and communication technologies. The GET plays a key role among the French ICT actors. It is made up of three « Grandes Écoles »: Télécom Paris/ENST, ENST Bretagne and the Institut National des Télécommunications (INT), and two higher schools created under partenarship with universities and private companies: ENIC and EURECOM Institut. Research teams cover the entire spectrum of research, from basic technologies, information processing, networks, computer science and software to social, legal and economic aspects of information technologies, industrial strategies, new services and applications. Their expertise in these fields makes it possible to carry out research programs in the telecommunications such as mobile, aerospace, satellite, optical and multimedia communications, as well as company communications and the Internet. GET Valorisation owns the group’s holdings in start-up companies created from its research results. For further information, please visit www.get-telecom.fr