ZIM expands its offering to include P2P Internet TV
Ottawa, Canada - September 12, 2006 - ZIM Corporation (OTCBB: ZIMCF), a global mobile service provider and application developer, today announced it has partnered with PPLive of China, the largest P2P (peer to peer) Internet TV portal in the world. Through this partnership, called “ZIM-PPLive”, ZIM will be expanding its overall offering to include application development and content aggregation for P2P Internet TV. PPLive.com currently has more than 50 million registered users, approximately 70% of which are based in China and approximately 30% are based outside of China. ZIM-PPLive will focus on aggregating North American and European content providers and advertisers to the PPLive platform.
"With this partnership, we hope to leverage our existing relationships and technical expertise to expand our role into the Internet TV market. P2P Internet TV is a very hot space, and we are excited to be partnering with the world leader," said Dr. Michael Cowpland, President and CEO of ZIM. "
ZIM-PPLive provides free online streaming TV programs. Unlike other streaming Internet TV platforms which charge large set up fees, monthly hosting fees and additional fees per gigabyte of bandwidth, ZIM-PPLive offers unlimited bandwidth for a flat rate. It is based on integrated peer-to-peer technology which provides users with a smooth TV viewing experience with no interceptions. In P2P technology, everyone becomes a broadcaster without the cost of traditional streaming. The more users are online, the faster the programs can be loaded. ZIM-PPLive scales well across existing infrastructure to enable the top program to have one million simultaneous viewers. Currently, most of the media contents are TV channels from China, with international content being added every day. ZIM-PPLive has full digital rights management to ensure copyright protection. It can be downloaded at http://www.zimsms.com/download/zimpplive.exe
"We are very excited about this partnership with ZIM to expand our North American presence and to continue to grow the PPLive user base outside of China. We believe the P2P Internet TV opportunities in North America are still in the early stages and ZIM is very well positioned to capitalize on this hot new market opportunity," said Bill Yao, CEO of PPLive.
ZIM is a mobile service provider, aggregator and application developer for the mobile market. ZIM’s bridges the gap between data and mobility. For more information on ZIM and its customers, partners and products, visit: www.zim.biz.
PPLIVE is the world most popular P2P video streaming software, it has the most number of registered users globally. In August 2005, PPLIVE recorded 500,000 simultaneous online users for viewing of the Chinese “Super Girl” show, that is the highest viewer number among all p2p video providers. In September 2005 PPLIVE was ranked the top 50 searched site by Baidu Search engine, and PPLIVE client software was ranked top 10 among most searched softwares. Presently, PPLIVE client software downloads exceeds 130 Million, and registered user reaches 50 Million. See www.pplive for detail.
For more information:
Roberto Campagna
VP, Sales and Marketing
ZIM Corporation
Phone: 1 613.727.1397 ext. 184
E-mail: rcampagna@zim.biz
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of Securities & Exchange Act. ZIM Corporation intends for the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements. All statements related to the Advanced Internet Services Inc. acquisition and ZIM's growth strategy and the outcome of any contingencies, are forward-looking statements. All forward-looking statements made in this press release are made as of the date hereof, and ZIM Corporation assumes no obligation to update the forward-looking statements included in this news release. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability, ZIM's ability to successfully market mobile entertainment to consumers, that we may incur unexpected costs integrating the businesses, and that we may not be able to realize expected synergies in the businesses. Please refer to ZIM Corporation's filings with the SEC for additional information regarding risks and uncertainties, including, but not limited to, the risk factors listed from time to time in such SEC reports. Copies of these filings are available through the SEC's electronic data gathering analysis and retrieval system (EDGAR) at www.sec.gov.
