Anytime Secures Financing, Preps New Broadband Platform

SINGAPORE, August 24: Anytime, an on-demand channel in Asia,
has secured an investment from Intel Capital, the venture capital arm of the
Intel Corporation, paving the way for the launch of a new on-demand broadband
platform delivering Hollywood movies, TV shows, games and music videos.

The size of Intel’s investment was not disclosed. It joins
CPE Holdings (Sony), Fox Media Services, Warner Bros. Entertainment, YTC Group
(a Singapore-based conglomerate), the Macquarie Bank Group and Coote/Hayes
Productions as investors in the service, which has carriage deals in place in Australia,
Hong Kong, Taiwan and Thailand, and the rights to license into 14 territories
in the region. Content is drawn from Fox, Sony, Warner and Universal, as well
as Celestial Pictures, ICON Film Distribution and Becker Entertainment, among
others.

The Intel investment paves the way for the company to launch
Anytime TV, on-demand entertainment portal for the region. The platform will
utilize the Intel Viiv technology digital entertainment platform, which allows
for the easy access and viewing on a TV set of Internet-delivered programming
from an Intel Viiv technology-based PC.

“The immediacy, global reach and on-demand nature of the
Internet, together with the high penetration rate of broadband-ready PCs in
homes in the region, support a new trend in how people get their entertainment,”
said Craig Zimbulis, the president and CEO of Anytime. “Anytime TV and Intel
Viiv technology add up to a great digital entertainment experience. There will
be no more ad breaks, or rushing home to catch that show, Video on demand
allows consumers to take complete control of the video entertainment experience
from the comfort of their home and watch what they want when they want.”

Kevin Corbett, the VP of Intel’s Digital Home Group and
general manager of the Content Services Group, added, “The Anytime TV service
coupled with Intel Viiv technology-based entertainment PCs will create new
digital entertainment experiences for millions of consumers across Asia
Pacific, including the availability of exciting Hollywood movie content
delivered directly from the PC to the TV."

The platform will be rolled out in phases over the next six
to 12 months, beginning with Australia, Singapore, New Zealand, Korea and
Taiwan.