NTT Leasing Joins Bertelsmann, Intel, France Telecom and Mitac as a Shareholder in Envivio, a Leading MPEG-4 Broadcast and Streaming Solutions Provider
Envivio’s $15 Million Second Round of Financing is Complete
(Click here for Japanese version in PDF format) 
South San Francisco, Calif., August 26, 2002 -- Envivio Inc., a leading provider of end-to-end MPEG-4 broadcast and streaming solutions, announced today that it has secured an investment from NTT Leasing Co. Ltd., the investment arm and a strategic business development partner of NTT Group Companies. NTT Leasing joins other strategic, corporate investors Bertelsmann, France Telecom, Intel Capital, and Harbinger Ventures, a venture fund affiliated with the Mitac/Synnex group.
Envivio has created leading high quality MPEG-4 broadcast and streaming solutions for the professional media industry. MPEG-4 is the latest international standard for rich media communication and has been widely adopted by broadband, satellite and cable network operators, corporations, post-production facilities and content developers around the world.
"We believe that MPEG-4 will be the dominant digital media format in broadcast, streaming and wireless markets," said Muneharu Yamamoto, Executive Vice President and General Manager of Strategic Technology Investment Department, NTT Leasing Co. Ltd. "Envivio is clearly the leader in this market given its first-to-market product line, existing customer base and management experience in MPEG-4. We are confident that Envivio will become the vehicle for NTT group companies to deliver business solutions based on MPEG-4 to Japan's broadband and digital broadcast infrastructure."
"NTT Group is an important strategic partner for Envivio," said Jonathan Fram, CEO of Envivio. "Our diverse, global partners will ensure that Envivio will lead the industry as MPEG-4 is adopted throughout the world."
The proceeds from this financing will be used to further develop Envivio's suite of MPEG-4 products, and expand engineering, marketing and sales channel and customer support capabilities.
About Envivio
Envivio is a leading provider of complete MPEG-4 solutions consisting of a rich set of integrated streaming media tools and systems: high performance audio and video, two-dimensional graphics and animation, providing a rich interactive user experience. The company has established itself as the most experienced creator of high-quality MPEG-4- solutions that enable broadcasters, network operators and content developers to build new revenue streams and utilize the efficiencies of delivering content to the full range of MPEG-4 capable devices. The Envivio Solution includes various components to create, encode, protect and distribute MPEG-4 content: the Envivio Encoding Station for offline encoding and protection of MPEG-4 audio and video, the Envivio Broadcast Studio for authoring complete MPEG-4 applications, the Envivio plug-in to the RealSystem Server, to distribute MPEG-4 content over the Web and broadcast networks, and the EnvivioTV™ plug-in to the RealOne Player, RealPlayer, QuickTime, and Windows Media Player to retrieve and playback MPEG-4 content. EnvivioTV™ is also being customized for various set-top box manufacturers.
About NTT Leasing Co., Ltd.
NTT Leasing Co. Ltd. was established in 1985 as the first affiliate of NTT, which provides long distance and international telecommunications spanning over 200 countries worldwide. NTT Leasing offers various business services; leasing and installment, credit card and finance. In addition, their Strategic Technology Investment Department seeks out venture companies domestically and internationally with excellent technologies and provides them with financial and business development. For further information, visit www.nttl.co.jp
Media Contact:
Envivio
Barry Strauss
bstrauss@envivio.com
+1 650 243 2718
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