| Mumbai, January 30, 2008: Geodesic today announced that it has signed an agreement with ioWorld Media's www.radioio.com, one of the world's largest Internet radio services, to offer access to radioio Internet radio stations as presets on its award-winning Mundu Radio https://bsmedia.business-standard.comradio.mundu.com/. Now Mundu Radio users can tune into their favorite radioio stations anywhere, anytime with their Mundu Radio enabled mobile phones. |
| Mundu Radio allows wireless access to thousands of digital Internet radio stations and the broadest array of music and other content available on the Internet today. With this agreement, Mundu Radio customers worldwide will gain access to radioio Internet radio stations streaming live 24x7 music in popular genres such as such as Pop, Rock, Jazz, Classical, Oldies, Instrumental and many more. |
| RadioIO.com currently offers over 30 channels of content through its service, and will soon be expanding its service to 60 channels. All radioIO.com channels will be available to Mundu users and are individually programmed by DJs known as "stream hosts." Channels are available in most common streaming formats, including MP3, Windows Media, and RealAudio. Radioio has more than a million online listeners tuning in every month. |
| "Consumers today are increasingly using mobile devices to cater to their music, entertainment and content needs," said Kiran Kulkarni, Managing Director, Geodesic. "We are always looking to deliver new and innovative content to our customers, and expect our Mundu Radio users to really enjoy the high quality mobile music experience and large selection of music as a result of our partnership with radioio." |
| "We have been exploring relationships in the wireless space for some time now and are very excited with our new distribution partner Geodesic," commented Mike Roe, Founder of www.radioio.com. "We believe that the future of radio is internet radio, and the future of the internet is wireless. This distribution partnership is in keeping with these beliefs." |
| About Geodesic |
| Geodesic Information Systems Ltd., is an innovator in software products focused on Information, Communication and Entertainment (ICE) for mobile phones and desktop computers. Headquartered in Mumbai, India, Geodesic's MunduTM suite of products includes solutions for Instant Messaging, Voice-over-IP and Internet Radio. Mundu products are being used by several hundred thousand users on the mobile phone and over 5 million users on the desktop. Geodesic reported consolidated revenues of over $43MM for the year 2006-2007. The company is listed on the National Stock Exchange and Bombay Stock Exchange in India. Geodesic has offices in Mumbai and Bangalore in India, USA, Sweden, Hong Kong and Singapore. |
| Mundu™ is a trademark of Geodesic. All other brands or trademarks are the property of their respective holders. |
| About ioWorld Media |
| ioWorld Media, Inc. (Pink Sheets:IWDM) is dedicated to identifying, testing and marketing innovative media alternatives to consumers. ioWorld Media currently owns www.RadioIO.com and SearchPlay, LLC. SearchPlay(TM) technology moves the internet search engine inside the media player, revolutionizing the way listeners search while listening online. ioWorld Media, Inc. is headquartered in Tampa, FL. |
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