WASP3D bullish at European market: signs IQ Broadcast as its channel partner for UK

Company Brief

New Delhi, March 19, 2008

WASP3D, the leading real-time 3D television graphics solution entered into an agreement with UK based IQ Broadcast Limited as its channel partner for United Kingdom. IQ Broadcast will be responsible for selling and marketing its products in the United Kingdom while also providing training and product support in collaboration with WASP3D. The agreement would immediately expand the availability of WASP3D solution to television broadcasters across Britain.

Divyajot Ahluwalia, Regional Business Manager (Europe) – WASP3D said, “IQ Broadcast is a great addition to our family and I am glad to have them on board.” “The company’s extensive knowledge of broadcast technology and excellent service-oriented reputation in the industry is an asset to WASP3D.”

The broadcast and production markets in the UK are increasingly implementing High Definition and future proofing their investments. WASP3D is one of the few innovative 3D broadcast graphic systems that supports both SD and HD video formats, is easy to use and seamlessly integrates with all leading automation systems such as Octopus, iNews, Norcom, B4M among others.

"IQ Broadcast is very pleased and indeed honoured to represent WASP3D in the United Kingdom. We see the association with WASP3D to be strategically important in growing the 3D graphics and virtual studio set markets in the UK and with our respective strengths, we see a very healthy growth to the benefit of the broadcast and new media markets", commented Mike Timmis, Business Development Director – IQ Broadcast.

WAS3D has a strong sales network in Europe and is looking at expanding fast in the next couple of years. Its clients in Europe include leading television broadcasters like Antena 1 & 3, CNBC E, Dogan TV Radyo, Kanal A, RTV Utrecht, Turk TV among others. The company also has strategic alliance with Portugal based wTVision as its OEM.

For further information, please contact:

Beehive Systems Ltd

Anshul Gupta

Tel: +91 120 430 8862

Mob: +91.981.874.4655

e-mail: anshul.gupta@beesys.com