LOS ANGELES, April 18, 2008 (PRIME NEWSWIRE) -- NS8 Corporation
(``NS8'') (OTC BB:
NSEOE.OB -
News), international provider of iWaveTV(tm)
-- the flexible Internet video solution (
http://www.iwavetv.com),
today announced that it has engaged in the exploration and
evaluation of strategic alternatives including investment
opportunities, as well as a possible merger or sale of all
or part of its business.
The NS8 business model has been premised as an independent
company. With the recent market attention focusing on Video
over the Internet, IPTV, it is appropriate and advantageous
to explore strategic partnerships that would enable NS8
to maximize the full potential of its Internet Video on
Demand -- or iWaveTV solution. NS8's patent-pending features
of Service Oriented Architecture ``SOA'' employing Flash technology
bring a substantive platform design to potential partners.
NS8's decision to explore strategic alternatives reflects
management's and the Board's commitment to maximizing shareholder
value. The Company notes that there can be no assurance
that the review of strategic alternatives will result in
a transaction of any nature.
About NS8 Corporation
NS8 Corporation (http://www.iWaveTV.com) is focused on its flagship
brand iWaveTV(tm), the flexible solution for processing,
publishing, and distributing Internet video to consumers.
iWaveTV is an Internet Video storefront and e-commerce management
solution that enables content and service providers to control
their entire deployment, brand, and all the terms with their
customers. NS8 software has been deployed across the globe
for such companies as Akimbo Systems, True Corporation PLC,
and Reeltime Media Ltd.
SAFE HARBOR STATEMENT
Certain statements made herein that are not historical are
forward-looking within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based
on the Company's beliefs and the assumptions it made using
information currently available to it. Because these statements
reflect the Company's current views concerning future events,
these statements involve risks, uncertainties, and assumptions.
The actual results could differ materially from the results
discussed in the forward-looking statements. In any event,
undue reliance should not be placed on any forward-looking
statements, which apply only as of the date of this press
release.
TRADEMARKS
iWaveTV, Consumer Program Guide, CPG, Library Distribution
Management System, LDMS, NS8, and AMS are either registered
trademarks or trademarks of NS8 Corporation or its subsidiaries.
The names of actual companies and products mentioned herein
may be the trademarks of their respective owners.