Safe Harbor Statement:This release contains forward-looking statements that involve risks and uncertainties, including without limitation, forward-looking statements relating to the company’s financial prospects and other projections of its performance, the existence of new market opportunities and interest in the company’s products and solutions, and the company's ability to increase its revenue and regain profitability by capitalizing on these new market opportunities and interest and introducing new products and solutions. Among the important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are changes in demand for the company’s products from its customers and their end-users, new and changing technologies, customer acceptance and timing of deployment of those technologies, new and continuing adverse economic conditions, and the company's ability to compete effectively with other software companies. These and other factors discussed in the company's filings with the Securities and Exchange Commission, including its filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in any forward-looking statements. The forward-looking statements contained in this release are made on the basis of the views and assumptions of management regarding future events and business performance as of the date of this release, and the company does not undertake any obligation to update these statements to reflect events or circumstances occurring after the date of this release. Smith Micro, VIDIO and the Smith Micro logo are registered trademarks or trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective companies.
Smith Micro Software, Inc. ( NASDAQ: SMSI), a leading provider of wireless and mobility solutions, today announced that Reliance Communications, India’s leading telecommunications provider, is exclusively using Smith Micro’s mobile video platform, VIDIO™, to deliver premium video content offerings with its 3G service. VIDIO enhances the subscriber experience while optimizing network resources through adaptive streaming of video content to virtually any mobile device. As India's largest integrated telecommunications service provider, Reliance has a customer base of over 150 million, and ranks among the Top 4 Telecom companies in the world by number of subscribers in a single country. Using the VIDIO solution from Smith Micro, Reliance enables access to video content for their subscribers, without having to push a proprietary client to their devices. “VIDIO extends the reach of Reliance’s content offerings to its enormous customer base, increasing revenue opportunities by supporting virtually any video-enabled device deployed on Reliance wireless networks,” said William Smith Jr., CEO at Smith Micro Software. “We’re thrilled to empower Reliance with our best-in-class VIDIO solution, another great example of how Smith Micro helps mobile operators deliver a simple and engaging broadband experience for subscribers.” VIDIO is the most comprehensive video delivery platform for broadcasting both live and on-demand content to the web or any web-enabled device, as well as set-top boxes. Rights-free content can be streamed to more than 15,000 device models with no client software required. For rights-managed content, VIDIO offers integrated Digital Rights Management capabilities. VIDIO is a component of Smith Micro’s Mobile Experience platform that helps Mobile Operators, Device Manufacturers and Enterprises simplify and enhance the mobile experience while optimizing network and device resources. For more information visit: