| iseemedia Press Release |
iseemedia and Natural Data Asia Announce Expanded Distribution Agreement; Sign Leading Digital Still Camera ODM Altek Corp.TORONTO, CANADA and TAIPEI, TAIWAN – July 5, 2007- iseemedia Inc. (TSXV:IEE), a leading provider of rich content adaptation and delivery solutions for web and wireless, announced today that it has expanded its business relationship with Natural Data Asia to include OEM licensing of its “in-camera” panoramic photo stitching solution. Both companies also announced the signing of Altek Corp. (3059: Taiwan Stock Exchange), one of Taiwan’s leading contract manufacturer of digital still cameras for consumer electronics brands. “We are pleased to build on our relationship with Natural Data Asia,” said Anthony DeCristofaro, President & CEO at iseemedia. “Our licensing with Altek will add further momentum to position our iseephotovista as the defacto photo stitching technology onboard the world’s leading digital still camera brands.” Based in Hsinchu, Taiwan, Altek exports its products to America, Asia and Europe. Under its OEM licensing agreement with Altek, Natural Data Asia with iseemedia receive a royalty from every camera with iseephotovista shipped. “Asia is quickly becoming the world’s largest digital photo market with the largest concentration of digital camera manufacturers and users,” said Peter Kuo, President at Natural Data Asia. “This expanded agreement with iseemedia addresses the ever-growing interest we are seeing in wireless publishing and document solutions.” iseephotosvista extends the convenience and functionality of digital still cameras by allowing users to capture and create new content with images they have taken. By selecting the panoramic feature on the camera’s LCD screen, users can process a three-shot panorama on the camera with perfect alignment and colour matching. The technology is compact and scalable, supporting images from one to five megapixels. The final creations can be transferred to a PC, uploaded to a social networking service, transferred to an online printing service or printed on a home printer. The in-camera stitching maximizes camera resolution by seamlessly adding images together and aligning them. By delivering easy and instant, high quality results, iseephotovista meets the needs in family photography and numerous business applications, such as real estate, travel and tourism, insurance and law enforcement. Visit http://www.iseemedia.com/flash/iseephotovista for a product demonstration. According to IC Insights, Inc. of Scottsdale, Arizona digital still camera sales are expected to reach US $18 billion in 2007 representing about 81.9 million stand-alone digital still cameras shipped worldwide. Lower cost, high resolution image capture and embedded software editing, among other advanced features, are perceived to be fueling the continued growth of the market. About Natural Data Asia About iseemedia The TSX Venture Exchange has not reviewed or approved the contents of this press release and does not accept responsibility for its adequacy or accuracy. © iseemedia Inc. 2007. All rights reserved. iseemedia and iseepublish are either Registered Trademarks or Trademarks of iseemedia Inc. in the United States and or Canada. All other trademarks and trade names are the property of their respective owners. Contacts: For iseemedia: David Berman, Tel: 905-761-5293, davidb@iseemedia.com For Natural Data Asia: Peter Kuo, Tel: 886 2 2709-1768 Ext.101 peterkuo@naturaldata.com.tw |