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Korea Telecom and SPIRIT Cooperate on Building New Multi-service and Multi-terminal Application

TeamSpirit® 3.0 Voice & Video Engine PC is selected by Korea Telecom for a Trial Service

PT/EXPO COMM China, Beijing - October 23, 2007 - SPIRIT DSP (www.spiritDSP.com), the world's leading provider of embedded voice and video software products, announced today that Korea Telecom (NYSE: KT), Korea's top integrated wired/wireless communications service provider, decided to use TeamSpirit® 3.0 Voice & Video Engine PC for KT's trial service. The SPIRIT feature-rich solution will contribute to the success of the new KT's branded video-soft-phone product.

KT will start using SPIRIT voice & video engine for the purpose of a trial run of its new multi-service multi-terminal application. KT has selected SPIRIT's product as one of the best solutions for PC-based multimedia communication service trial, based on results obtained by KT from thorough comparative tests of several competitive products.

"SPIRIT's voice and video engines constantly prove to be the best choice for our customers. We are glad to contribute to Korea Telecom service success by supporting and delivering the most cutting edge embedded voice and video technology. SPIRIT products are ready-to-deploy, and significantly reduce integration costs and time-to-market," said Alex Kravchenko, VP Sales at SPIRIT.

TeamSpirit® 3.0 Voice&Video Engine PC is a complete, pre-integrated IMS-ready solution which encapsulates wideband voice and video processing to offer the smoothest video and voice integration experience for building a New Generation Network. Thanks to unique proprietary technology, the Engine successfully solves all the issues encountered in V2oIP communications, including voice and video lips sync.

The Engine seamlessly bundles standard and proprietary wideband voice and video codecs, echo cancellation, noise suppression, packet loss concealment, jitter buffer and network optimizing functionality, voice/video synchronization, CPU load control and more, allowing fast and easy integration into complex products designed to deliver low-latency voice and video over IP. The engine supports next generation IMS features: 3gp voice/video sharing, voice/video recording, 3gp playback/record, RTSP/SDP protocols and push-to-talk. The Engine is compatible with Microsoft® Windows® 98/2K/XP/Vista, Apple® Mac OS® X, and Linux operating systems.

About KT

KT is creating a world with ubiquitous, cutting-edge technology that goes beyond world-class broadband technology. KT, Korea's top integrated wired/wireless communications service provider, has been Korea's leader in the development of the information & communications business for the last 25 years. In that same time, it has helped turn Korea into an IT powerhouse with the world's leading technology in the operation of broadband service. With the commercial launch of the world's first wireless broadband service (WiBro), KT is paving the way for U-Korea with ubiquitous infrastructure through which people can share information wherever they are. Further information on KT can be found at www.kt.com

About SPIRIT

SPIRIT DSP (www.spiritDSP.com) employs 140 professionals, and has been in the international software licensing business since 1992. A bootstrap company, SPIRIT has been profitable for 15 years. For the last 10 years SPIRIT's focus has been voice, audio, video and data communication software products. SPIRIT counts among its customers Adobe, Agere, Arima, ARM, Atmel, Cisco, Compal, Flextronics, Ericsson, HP, HTC, Interwise, Kyocera, LG, MediaRing, Microsoft, NEC, Nortel Networks, NXP, Oracle, Paltalk, Polycom, Quanta, Radvision, Samsung, Siemens, Texas Instruments, Toshiba and Trinity Convergence, among 200+ other communication OEMs and software vendors. SPIRIT communication software is used in over 80 countries and powers more than 100 million embedded voice channels. SeeStorm is a SPIRIT affiliate for synthetic video conferencing.