Ottawa, Canada - December 6, 2006 - ZIM Corporation (OTCBB: ZIMCF), a mobile entertainment and Internet TV service provider, today announced it has signed an agreement with G4TechTV Canada for content broadcasting on Internet TV. Through ZIM's Internet TV (IPTV) network called "ZIMTV", consumers will now be able to watch past and upcoming episodes of the popular technology call-in show "Call for Help, with tech guru Leo Laporte".
ZIMTV provides a complete Internet TV (or "IPTV") broadcasting platform for content owners to distribute their content to millions of potential online viewers worldwide. ZIMTV will offer the following features to content providers:
"Call for Help" is a one-hour program designed to help people gain control of technology. The program covers computing and the wide array of new personal technology devices like mobile phones, digital cameras, MP3 players, home theatre, DV camcorders, and on and on. If it's got a chip in it, "Call for Help" covers it.
The popular show will be available in the pay per view section on www.zimtv.biz at a cost of $1.99 per episode or $9.99 per month subscription. ZIM will further expand the audience reach by making "Call for Help" available on ZIMTV.mobi, a mobile dedicated website which can be viewed by millions of mobile phones and PDAs worldwide.
Through a user friendly interface on ZIMTV, consumers can watch free and/or pay per view channels containing sports, movies, television, news, animation and educational video content.
"Broadcasting our programming on Internet TV is a great way to reach a new global audience and it gives our viewers the option to access 'Call for Help' anytime, anywhere. We are very excited about this partnership with ZIM to launch our content to a worldwide online audience," said Malcolm Dunlop, VP of Programming and Marketing, G4techTV Canada.
Dr. Michael Cowpland, President and CEO of ZIM said, "A key part of our strategy is to establish partnerships with the world's leading media providers and we're excited about having G4techTV Canada on board".
G4techTV, the host channel of "Call for Help", is Canada's first television channel 100% dedicated to technology, anime and video gaming - 7 days a week. G4techTV showcases how the latest trends, products, and events enhance our lives. G4techTV is currently available in more than 34 million households in the United States and Canada, as well as distributing content to more than 70 countries. G4techTV Canada is available on digital cable and satellite.
ZIMTV has an embedded digital rights management ("DRM") software that offers a secure solution for content providers as it limits the ability for end users to distribute, sell or pirate illegal copies of the content. Users of ZIMTV do not download video files on to their computer; rather the videos are streamed to their computers through the P2P infrastructure. "This is a great platform for G4techTV Canada to showcase their popular content to an even larger worldwide audience on our Internet TV network and to create new revenues and new customers from an existing product. It's a true win-win partnership", added Cowpland.
ZIM is a mobile entertainment and Internet TV service provider. Through its global infrastructure, ZIM provides publishing and licensing services for market-leading mobile content and for peer to peer (P2P) Internet TV broadcasting. For more information on ZIM and its customers, partners and products, visit: www.zimtv.biz and www.zim.biz.
G4techTV Canada (formerly TechTV Canada) launched in September 2001. G4techTV is the one and only 24-hour television network that is plugged into every dimension of games, gear, gadgets and gigabytes. Co-owned by Comcast Corporation (G4 Media inc.) and Rogers Media Inc., the channel airs a number of original series. G4techTV is available on digital cable and satellite. For more information see www.g4techtv.ca.
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 of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements related to the success of ZIM’s mobile services and ZIM’s ability to enter the Internet TV market. All forward-looking statements made in this press release relating to expectations about future events or results are made as of, and are based upon information available to ZIM as of, the date hereof. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those described or implied by any forward-looking statements. Factors that might cause such a difference include, but are not limited to, ZIM’s limited operating history, ZIM’s history of operating losses and expected future operating losses, ZIM’s ability to obtain additional financing when needed, ZIM’s ability to continue as a going concern, ZIM’s reliance on wireless carriers to market and use its applications and services, possible fee increases by third party service providers, the potential loss of services of Dr. Michael Cowpland and other key personnel, rapid developments in technology, including developments by competitors, possible internal controls deficiencies and possible accounting adjustments resulting from our quarter-end accounting and review procedures, ZIM's ability to maintain current reporting under the Securities Exchange Act of 1934, and ZIM’s ability to successfully integrate any acquisition. Please refer to ZIM’s filings with the SEC for additional information regarding risks and uncertainties. Copies of these filings are available through the SEC's website at www.sec.gov. ZIM assumes no obligation to revise or update publicly the forward-looking statements included in this news release, other than as required by law.
