Primestream Expands Global Market and Technology Reach With Building4Media Acquisition

By Primestream Corporation, PRNE
Tuesday, July 13, 2010

Combined operation redefines standards for Integrated Broadcast Automation Workflows

MIAMI, July 14, 2010 - Primestream Corp.(TM), the leader in advanced broadcast and IT solutions,
announces the acquisition of Building4Media(TM), creator of FORK(TM), the
state-of-the-art software for broadcast asset management, playout automation,
metadata driven production and publishing. This acquisition allows
Primestream to continue to provide and expand an established platform that
already serves more than 300 sports, news, and entertainment broadcast
channels across over 40 countries.

"This merger combines Building4Media's advanced technology with
Primestream's expertise in digital content management and workflow, from
metadata insertion, to editing and distribution all the way to cloud
computing and high capacity storage architectures," said Claudio Lisman, CEO
of Primestream Corp. "Our capabilities are complementary, and we are
leveraging this partnership to expand our reach into new verticals and global
markets - including Telepresence, industrial and military applications, and
emergency response - to better serve our customers and continue driving
innovation."

Building4Media, which will operate under the new name, B4M(TM), designed
FORK software as a client server-based, end-to-end platform to easily
automate and manage multimedia and digital video database assets. The FORK
suite of products is completely flexible and configurable to client needs,
providing a total workflow solution from delivery of multiple-format content
(including DTV, 3DTV and HDTV) to an array of devices such as IPTV and Mobile
Video. In addition, FORK's Mobile2Air(TM) offers a cutting-edge system for
leveraging the power of wireless technology to transmit content directly to
air.

Primestream's strategy is to extend FORK's powerful platform, which is
based on Apple and Windows operating systems and, soon, on Google's Android
OS. By combining B4M's mobile and online software technology with
Primestream's broadcast experience and support, the company creates a unique
solution that empowers broadcasters and other industries with an advanced
open architecture software that includes applications to effectively manage
and profit from the use of video.

Primestream's customer base spans five continents and includes media
giants such as CBS Sports, CNN, CNNMoney.com, NYSE, NASCAR, NFL, CNBC,
Liverpool Soccer Club, Reuters, L.A. Dodgers, Star News India, SunTV, RTL,
Mountain West at the Comcast Media Center.

For more information, please visit www.primestream.com and
www.b4m.com.

About Primestream Corporation

Primestream is a leader in the design, provision and implementation of
advanced broadcast and new media solutions. Founded in 2000, Primestream has
set a new standard in broadcasting by deploying the most unique hybrid
solutions for TV stations, uplink centers, post-production facilities,
ENG/SNG mobile news, sports-gathering systems, emergency management of
broadcast facilities and new media asset management.

Kristen Thomas, +1-310-752-4400, ext. 186, kthomas at thephelpsgroup.com, for Primestream Corporation

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