
Traffic411.com Joins PacketVideo In Wireless Multimedia Trials

TRAFFIC411.COM TO PROVIDE TRAFFIC CONTENT FOR DELIVERY TO WIRELESS HANDHELD DEVICES

(SAN DIEGO, CA) June 13, 2000 - Traffic411.com and PacketVideo today announced an agreement to trial the delivery of video over wireless networks. PacketVideo has developed standards-compliant MPEG-4 software that enables the distribution of video over wireless networks. As part of the trials, Traffic411.com will provide traffic content for delivery to wireless devices.

"Traffic411.com is striving to be the leading provider of on-demand broadcast traffic reports," said Traffic411 founder Lisa Osborn. "Wireless video is an outstanding medium for connecting with commuters to inform them of traffic problems and congestion, and we are thrilled to be working with an industry leader like PacketVideo to bring this to fruition".

"It is often while people are out and about that they demand the latest traffic info," said Robert Tercek, president of PacketVideo's Programming Division. "Traffic411 provides precisely the type of timely, on-demand information wireless subscribes want, and we are very happy to have them participating in our program."

PacketVideo's MPEG-4 based software enables the encoding, decoding, and transmission of full motion video over wireless networks on mobile devices. The technology enables the distribution of video over wireless networks with bit rates as low as 14.4 kbps (which is the rate for networks in the US today) as well as 2.5G and 3.5G networks. The technology is air-interface independent, which means that it works across any type of cellular network, including CDMA, GSM, TDMA, GPRS, and UMTS.

PacketVideo is working with wireless carriers in the US and internationally to trial the technology over their networks. The company has also announced alliances with leading device and silicon designers and manufacturers to develop hardware utilizing PacketVideo technology, including Casio, Compaq, Intel, NEC, SANYO, and Texas Instruments.

About Traffic411

Traffic411 aims to be the premier on-demand broadcaster of traffic and road news in the United States, providing motorists with the most comprehensive, customized traffic information delivered via a variety of devices. Private trials using Traffic411 information are underway; the first regional markets for this service will be announced later in the year. Traffic411 is the only
Web-based traffic reporting service founded by broadcast professionals.

About PacketVideo

PacketVideo is the global leader in wireless multimedia software and services for mobile applications. The company's award-winning MPEG-4 compliant encoding, distribution, and decoding software enables content providers and carriers to deliver rich media, not just data, to mobile users anytime, anywhere over any digital wireless network. PacketVideo was recently included in the Red Herring 100 as one of fifty private companies whose products, services, or business models is most likely to change the world.

Founded in 1998, PacketVideo is based in San Diego, California, in the heart of "Telecom Valley." The company's investors include Credit Suisse First Boston, Intel Capital (Nasdaq:INTC), Nexus Group LLC, Philips (NYSE:PHG), QUALCOMM Incorporated (Nasdaq:QCOM), Reuters Group PLC (Nasdaq:RTRSY), members of the Rockefeller family, Siemens Mustang Ventures, Sonera (HEX:SRA, Nasdaq:SNRA), Sony Corporation of America, Texas Instruments (NYSE:TXN), Time Warner (NYSE: TWX), and others. To learn more, visit our website at www.packetvideo.com.