Myrio Continues to Lead Industry with IP Video Deployment Milestone

Company’s IP Video Platform Now Enabling Over 60 Customers
to Offer Advanced Video Services

Bothell, Wash. - Myrio Corporation, a leading provider of IP video software and services, today announced that it continues to lead the industry in IP video deployments with over 60 service provider customers who in turn serve more than 50 million subscribers. This milestone represents an important market leadership position for the company and demonstrates the viability and growing demand for IP video among broadband service providers worldwide.

According to a recent report from Forrester Research, over the next three years, ten industries will fight to control the digital home. As home entertainment devices become digital and content is shared at home and around the world over a single network, consumers will be presented with more choices as they create their ideal digital home. This presents an opportunity for broadband service providers to capture and control new revenue streams by bundling and offering new services, mainly voice, data and video. With the flexible and reliable Myrio IP Video Platform, over 60 broadband service providers are already positioned well in the battle over the digital home.

The Myrio IP Video Platform has been deployed by more leading broadband service providers worldwide than any other vendor in the industry. Customers include Belgacom, Consolidated Communications, Champaign Telephone, and Pioneer Telephone Cooperative, Inc., to name a few. Additionally, Siemens AG (NYSE:SI) recently signed a strategic worldwide OEM agreement to sell and integrate the Myrio IP Video Platform into its SURPASS Home Entertainment solution, its Next Generation Access platform for the delivery of voice, data and broadband data services.

"Broadband service providers are in a good position to leverage the emergence of the digital home in 2005 since they already have the IP network in place, whether it is cable, DSL, or fiber, to enable them to deliver the triple-play bundle," said Chris Coles, President and CEO of Myrio Corporation. "As a result of this trend, Myrio's customer growth has tripled in the past year, picking up significant momentum as IP video technology has become a viable service for service providers to offer. Clearly, many service providers are turning to the secure, reliable and flexible Myrio IP Video Platform as it allows them to control their business models and protects them from hidden costs and technology lock-in."

Myrio's IP video solution is Java-based, which is the ideal development and deployment platform for an emerging class of personal entertainment applications including client Personal Video Recording (cPVR), Pause Live TV, video-on-demand, On-screen Caller ID, Favorites and Reminders, and customizable Web portal capabilities. The open platform's flexibility to operate across large network and various hardware environments allows broadband service providers to select best of breed technologies while reducing deployment time.

About Myrio Corporation

Myrio is a leading provider of software, content and integration services that enable new video revenue opportunities for broadband operators by leveraging their infrastructures. Myrio's software suite consists of Myrio Interactive, a full-featured end-user application for set-top boxes, and TotalManage, a back-office subscriber and content management solution. Myrio's solutions and expertise enable operators to deploy more quickly and offer their subscribers a full range of IP-based video and on-demand entertainment while lowering the total cost of ownership through operational efficiencies and hardware choice. A pioneer in the industry, Myrio has commercially deployed its solutions to operators throughout the United States and is conducting customer trials internationally.

Myrio is a privately held corporation funded by Ridgewood Capital, NeoCarta Ventures, Alexander Hutton Venture Partners and Siemens Venture Capital. For more information, please visit Myrio's web site at www.myrio.com.