Fuugo Shipments Starting, First Commercial Agreements for Mobile Video Innovator

Axel Technologies' TV and Video application starts to ship in several markets. Fuugo expands its platform support with Meego, premiers at Mobile World Congress 2011.

BARCELONA, Spain, February 10, 2011 - Axel Technologies, the inventor of award winning Fuugo TV and Video
application, today announced the first commercial agreements of Fuugo with
several companies in Asia and US. The latest version of Fuugo, running now
also on the Meego operating system, will be demonstrated at the Intel and
Nokia QT stands during the Mobile World Congress 2011.

First Fuugo commercial shipments will be to Latin America in March,
roughly twelve months after the concept was launched at MWC 2010. European
shipments will start during Q2 and US, China, Taiwan and Australia in
mid-year. Initial Fuugo shipments will be Broadcast TV content-only,
supporting DVB-T in Europe and ISDB-T One-Seg in Latin America. The launch in
US and China will be based on online video version.

"Fuugo is responding to a very basic need of an easy access to video and
TV content," stated Petri Kalske, CEO of Axel Technologies. "International
demand from mobile consumers has proved the concept to be right. We are very
proud to start the worldwide shipments in 2011. We bring a unique experience
to the very latest mobile phones, tablets and PCs, and now also on Meego for
the first time."

Axel is showcasing the latest version of Fuugo in Barcelona during Mobile
World Congress 14-18th February at Intel and Nokia QT stands. The Meego
operating system is the latest addition to the expanding list of supported
platforms including Windows, Android, Mac OS X, Linux and iOS operating
systems.

Fuugo provides consumers with easy, intelligent access to broadcast TV,
Internet TV and online video on their mobile and portable devices.
Award-winning Fuugo's integrated social media recommendations present a
unique user-centric viewing experience. With the tight integration of social
media, mobile consumers have a totally new way of consuming video, gaining
easy access to recommended, relevant video entertainment.

Fuugo will be demonstrated at Intel and Nokia Qt booths and private
meeting room of Axel Technologies (3.1HS157) in MWC 2011. A demo video of
Fuugo can be seen at www.youtube.com/user/axeltechnologies.

Consumer device OEMs should contact Axel Technologies for Fuugo
licensing. axel.fi

Note to Editors:

Digital images to support this story are available online at
axel.fi/logos

About Axel Technologies

Axel Technologies is a pioneer in mobile television and video
technologies and the inventor of Fuugo, the new way to watch TV and video.
The award-winning application seamlessly integrates Internet TV, video and
social media services, on mobile, handheld and portable devices. Axel is
headquartered in Finland and has sales support offices in Hong Kong, Taipei,
and Saratoga, CA, USA. www.axel.fi, www.fuugo.tv

Petri Kalske, CEO, Axel Technologies, +358-2-512-8800, contact at axel.fi