(EMAILWIRE.COM, November 19, 2002 ) PacketVideo Corporation, the global leader in mobilemedia software, and Nokia (NYSE: NOK), the world leader in mobile communications, will be demonstrating PacketVideo's new mobilemedia software on Nokia Series 60 phones in Nokia's booth at COMDEX, November 18-22 in Las Vegas. PacketVideo's pvAuthor(tm) 3 and pvPlayer(tm) 3 enables content to be captured by the mobile phone, viewed via streaming, and shared via messaging and email. Visit Booth# 3208 for a live demonstration.

PacketVideo's products for Nokia Series 60 devices, including Nokia 7650 and 3650, enables users to:

Encode live video from the built-in device camera
Stream favorite videos and other multimedia content across the wireless network to the handset
View news, sports, music videos, movie trailers and other content
Download content to the mobile device for forwarding to friends or storage for later retrieval
View live cameras for travel, entertainment, security, child or elderly monitoring
"We are delighted to work with Nokia to bring full-motion video streaming, download and capture to Nokia Series 60 devices," said Kathleen Peters, vice president of worldwide embedded solutions at PacketVideo. "Nokia has been instrumental in helping PacketVideo through the development, co-marketing and distribution of PacketVideo's breakthrough mobilemedia products for Nokia Series 60 devices, and we are pleased to demonstrate the fruits of our mutual efforts in the Nokia booth at COMDEX."
PacketVideo mobilemedia technology enables multimedia services over today's 2.5G or 3G networks to mobile devices like Nokia's Series 60. In combination with a fully 3GPP MPEG-4 compliant server platform (e.g., pv3 mobilemedia system), PacketVideo's mobilemedia technology offers service providers an excellent opportunity to enable innovative, revenue-driving multimedia content services like news, sports, music videos, and movie trailers; and view live cameras for business, travel, entertainment, security, and child or elderly monitoring.

pvAuthor and pvPlayer support:

Open standards, including MPEG-4(3GPP), H.263 baseline (ITU), GSM-AMR.
Data rates ranging from as low as 9.6kbps to more than 768kbps, and frame rates from less than 1 fps to greater than 30 fps.
Proven interoperability and compatibility with other vendors.
About PacketVideo
PacketVideo is a leading provider of carrier-class software for mobilemedia. The company's standards-based software products allow the distribution of one- and two-way video, high-quality audio, animation, and rich graphics over wireless networks to mobile devices such as phones and PDAs. PacketVideo's mobilemedia products enhance communication, productivity, security, information, and entertainment, ensuring an enriching and productive mobile experience. PacketVideo's mobilemedia technology enables multimedia services over today's 2.5G networks to mobile platforms like Nokia's Series 60, giving service providers an excellent opportunity for new revenue streams. For more information, visit www.pv.com

PacketVideo's investors include AOL Time Warner (NYSE: AOL), Comverse Technology (Nasdaq: CMVT), Credit Suisse First Boston, GE Equity (NYSE: GE), Infineon Technologies (NYSE: IFX), Intel Capital (Nasdaq: INTC), Kyocera (NYSE: KYO), Motorola (NYSE: MOT), Philips (NYSE: PHG), QUALCOMM (Nasdaq: QCOM), SAIC, Siemens' Mustang Ventures, Sony Corporation of America (NYSE: SNE), Sun Microsystems (Nasdaq: SUNW), Texas Instruments (NYSE: TXN), and others.

PacketVideo, PV, pv mobilemedia system, pvAuthor, pvServer, pv2way, and pvPlayer are trademarks or registered trademarks of PacketVideo Corporation. All other trademarks are the property of their respective owners.

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Produced for PacketVideo

CONTACT:
Dann Wilkens
PacketVideo
858-731-5454
wilkens@pv.com

Kirstin Jensen
Imagio Public Relations
206-625-0252 x 3025
kirstinj@imagio.com

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Contact Information:
PacketVideo
Joseph Nchor
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