PacketVideo Receives ISO 9001 Certification;Prestigious Registration Marks International...

Business Editors/High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--Nov. 21, 2000

PacketVideo Corp., the global leader in wireless media, today announced the receipt of the ISO 9001 certification for its world headquarters facility in San Diego.

PacketVideo has been awarded

The ISO 9000 family of standards represents an international consensus management practice that ensures an organization consistently delivers only high quality products or services. The ISO standards were established by the Geneva-based International Organization for Standardization, a network of national standards institutes from approximately 130 countries. ISO 9001 designation allows PacketVideo to enjoy greater market penetration; many governments and organizations conduct business with only those companies that attain this certification.

"PacketVideo is committed to providing quality products that exceed our customers' requirements and expectations," said Dr. James Brailean, president, chief technology officer and co-founder, PacketVideo. "Our achievement of this ISO 9001 certification is a tribute to our employees, and the level of quality to which they hold themselves and PacketVideo accountable."

TUV Essen, a third-party ISO certification company, performed the on-site certification audit and worked closely with PacketVideo to determine and verify standards compliance. As part of its procedures, TUV Essen will provide routine surveillance audits of PacketVideo's documentation and processes under ISO 9001 regulations.

"In the global marketplace, ISO 9001 certification lends great credibility to any company," said Shamsher Beri, lead auditor from TUV Essen. "It's an important accomplishment, especially for such a new organization."

About PacketVideo

PacketVideo is the global leader in wireless media. The company's commercially available MPEG-4 encoding, distribution and decoding software enables content providers and mobile operators to deliver rich media, not just data, to mobile users 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 are most likely to change the world.

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

PacketVideo and PacketVideo product names are trademarks or registered trademarks of PacketVideo Corp. All other trade names and trademarks are the property of their holders.