Portfolio Updates

REIGNCOM SELECTS NEXT DEVICE PRODUCT

10 February 2006

Next Device, provider of the most compelling dynamic user interface solutions for mobile devices, has announced that it has been selected by Reigncom, world-leading portable multimedia device vendor and owner of the iRiver brand, for the pioneering iRiver G10, Portable Online Gaming Device & Multimedia Player.

iRiver G10 will be the world’s first gaming device to offer high-speed always-on connectivity when it launches on South Korea’s pioneering WiBro(Mobile WiMax) network later this year.

Next Device’s advanced 3D UI technology blurs the boundary between application and content, and offers seamless browsing of on-and off-device resources.  These capabilities will enable the iRiver G10 to deliver an engaging, connected experience that surpasses anything available on the market today.

Under the iRiver brand, Reigncom has built a reputation for delivering high quality portable entertainment devices that combine ease of use with innovative design.

Having entered the market with the iRiver brand in 2001, Reigncom has grown to be the No.1 business in the Korean MP3 player market with the market share of 50%, in addition to having secured a 9.6% share in the global flash memory-based MP3 player market in 2004. (Source: IDC)

iRiver is aggressively entering the WiBro market by announcing that it would develop a portable device that could connect to WiBro networks to download multimedia content including online games.

Joon Yang, CEO of Reigncom, commented, "We assessed all the available solutions on the market and found that only Next Device was capable of providing the next generation user experience that our landmark iRiver G10 device demands.”

“Next Device uses the iRiver G10’s 3D graphics hardware to the full and makes the most of its high-speed WiBro connectivity” he continued.  “This will enable us to present consumers with the latest games, multimedia content, live news and offers in the most compelling way possible.”

"We are delighted to work with such a leading brand as iRiver" said Next Device CEO, Ben Hookway. "Consumers are demanding more exciting and effective mobile experiences, and we are committed to ensuring that the iRiver G10 will exceed all expectations."

Based in Cheshire, with offices in South Korea, Next Device provides the most compelling dynamic user interface solutions to device manufacturers, carriers and MVNO's, and content providers.  Next Device's products incorporate the latest in 3D graphics and UI design and require no proprietary back-end infrastructure, resulting in the most engaging consumer experiences in the fastest implementation time available.

Next Device will be exhibiting at the 3GSM World Congress in Barcelona on stand AV26/AV27. Ben Hookway, CEO, and Geoff Kendall, CTO, are available to provide comment in Barcelona (or beforehand) on the role of user interfaces in content discovery, device and operator differentiation, and engendering customer loyalty.