PacketVideo Corporation Acquires SDC AG

    Switzerland-based SDC AG Ships Mobile Java Music Client Supporting Full
Track Downloads, Subscription Services in Multiple Markets

    ORLANDO, FLA., March 26 /CNW/ - PacketVideo Corporation strengthened its
position in the global market for music client software on mobile handsets
with its acquisition of Basel, Switzerland-based SDC AG. PacketVideo provides
multimedia client software for many of the world's largest music and video
services, including the Verizon Wireless VCAST service, DoCoMo's 3G FOMA
service in Japan, and Orange's Orange World service in Europe.

    SDC AG is known for its Java music client with SDC DRM, capable of
supporting full track download and subscription music services on mass-market
handsets. The two companies disclosed the deal today to kick off their
activities at the 2007 Cellular Telecommunications Industry Association show,
held here this week.

    PacketVideo delivers multimedia client applications on native handset
operating systems such as BREW, Linux, Symbian and Windows Mobile. Already
known for its broad portfolio of multimedia technology covering everything
from Digital Living Network Alliance, DLNA, to Digital Video for
Broadcast-Handset, or DVB-H, this acquisition establishes PacketVideo as the
leader in Java clients for the GSM market as well.

    "PacketVideo software enables our mobile operator customers to launch
quality music and video services," said PacketVideo Chief Executive Officer
James C. Brailean, Ph.D. "With broader capabilities provided by this
acquisition, we can now reach a larger geographic market, and help operators
launch services more quickly."

    Added Michael Bornhausser, co-founder and chief executive officer of SDC,
"The SDC Java music client is shipping as of today in Europe, China, North
America, Australia and India. This transaction gives mobile operators a
one-stop-shop for mobile music client applications that is unequaled in the

    Quick facts about the SDC solution:

    --  Number of mobile operators deployed: 18

    --  Mobile operator customers announced: T-Mobile (Germany, UK and Czech
Republic), O2 (UK and Ireland), SFR (France), Amena (Spain), TELUS (Canada),
Telstra (Australia), Hutchinson 3 (UK and India) and Rogers Wireless (Canada).

    --  Mobile music platforms supported: Musiwave, WiderThan, Siemens,

    --  Music labels supported: EMI Music, Sony BMG Music Entertainment,
Universal Music Group, Warner Music Group

    --  Music business models supported: Full track pay-per-download,
subscription, advertising, superdistribution, try-and-buy, push-casting and
personalized radio.

    --  Music content types supported: Full track music, music videos, and
ring tones.

    --  Number of Java handsets currently supported: 120+

    --  Handset manufacturers supported include: Nokia, Motorola, Samsung,
Sony Ericsson, LG and HTC

    --  Standard Java solution can also be ported to multiple native handset
operating systems

    The SDC AG office in Basel, Switzerland is now the PacketVideo
Switzerland AG, Development Center for SDC Technology and becomes the fourth
PacketVideo office in Europe, joining the Company's existing development
centers in Tampere, Finland, Berlin, Germany, and Nice, France.

    Terms of the acquisition remain confidential.

    About PacketVideo: For nearly a decade, PacketVideo, a subsidiary of
NextWave Wireless Inc. (NASDAQ:  WAVE), has been the software innovator helping
mobile carriers and mobile device manufacturers bring dazzling - and
profitable - new multimedia features and services to their end-users. With
more than 250 different handsets supported and 100+ million PacketVideo
multimedia clients deployed around the world, PacketVideo has the deepest,
broadest and most respected multimedia software expertise in the industry.
Founded in 1998, PacketVideo is headquartered in San Diego, California with
regional offices in the U.S., Japan, Europe and India.

    Note Regarding Forward-Looking Statements: This press release contains
"forward-looking statements" for purposes of the Private Securities Litigation
Reform Act of 1995 that involve risks and uncertainties. There can be no
assurances that forward-looking statements will be achieved, and actual events
or results could differ materially from the events or results predicted or
from any other forward-looking statements made by, or on behalf of,
PacketVideo, and should not be considered as an indication of future events or
results. Important factors that could cause actual events or results to differ
materially include: our ability to develop and commercialize new products and
services; our ability to enter into and maintain customer relationships;
changes in capital requirements; and other risks described in filings of our
parent company, NextWave Wireless Inc. (NASDAQ:   WAVE) with the Securities and
Exchange Commission. These risks and uncertainties, as well as others, are
discussed in greater detail in the filings of NextWave Wireless Inc. with the
Securities and Exchange Commission. All such documents are available through
the SEC's website at PacketVideo and NextWave Wireless Inc. make
no commitment to revise or update any forward-looking statements in order to
reflect changes in events or circumstances after the date any such statement
is made, except as may be required pursuant to applicable law.

For further information:

For further information: PacketVideo Corporation Gretchen Griswold,
858-731-5335 or Flashpoint PR Kristin Greene, 415-551-9623

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