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TVN Entertainment and Avail Media Complete Merger

Combined Company Offers Comprehensive Digital Media Managed Services to More Than 120M Consumers

Avail Media, the only independent aggregator and provider of linear MPEG-4 IPTV content, and TVN Entertainment, the world's largest TV on-demand company, today announced that their merger has been completed. Beginning today, the combined company, rebranded Avail-TVN, enables the distribution and monetization of linear and on-demand content to more than 120 million consumers through more than 230 cable, telecom, DBS, and hybrid providers.

"Today, Avail-TVN becomes the largest independent provider of end-to-end content aggregation, management and distribution offerings," said CEO Ramu Potarazu. "This merger is changing the game for content owners and service providers, who are looking to partner with the most knowledgeable and proven providers of digital media services. With our combined product and service portfolio, we are able to deliver the most attractive and profitable video services today as well as the foundation to extend these services to new devices and networks tomorrow."

Avail Media and TVN Entertainment announced their intention to merge on May 18, 2009. Columbia Capital, the National Rural Telecommunications Cooperative (NRTC), Novak Biddle Venture Partners, Pioneer Ventures and Valhalla Partners invested in the merger. Today, the companies provide services to nearly every television provider in North America. In addition to the extensive Hollywood movie studios, cable networks and independent content producers, joint customers will now enjoy the ability to offer linear programming from national broadcasters and even more localized, genre-specific, ethnic/international, and long-tail content.

About Avail-TVN

Avail-TVN is the largest independent digital media services company in North America. Working with every major studio and television network, the company offers a full content line up of MPEG-4 encoded live programming as well as video on demand content in MPEG-2 and MPEG-4 to multichannel video providers throughout the US, Canada, Mexico and the Caribbean. The Avail-TVN platform is an open, advanced technology, offering the most comprehensive, end-to-end solution for licensing, managing, distributing and marketing linear and on-demand content to virtually any platform today and extensible to new value services of tomorrow. For more information please visit www.avail-tvn.com.