NITV to Launch NepalCHANNELS for Live TV & OTT Services – NEW IT VENTURE

Press Release

NITV to Launch NepalCHANNELS for Live TV & OTT Services

Saturday March 1, 2008

New IT Venture Corporation (NITV), Japan based IPTV Technology & Solution Provider today proud to announce the launch of its first distribution platform NepalCHANNELS. New IT Venture have reached a carriage deal with bundle of Nepalese TV channels to offer Internet TV package for Global Nepalese Community, a Live, over-the-top television service. NepalCHANNELS will carry bundle of Nepalese TV Channels from different genre: news, entertainment, music including Video-On-Demand contents to broadband-connected IP Set-top-box and web(PC/Mac). Priced starts at $15 per month, the service will require no commitment, contract, or credit check. Subscriptions for anyone to buy package shall starts from beginning of April 2008.

If you are interested to be the distributor to sell the product, we invite you to write to us on
info@newitventure.com

If you are interested to subscribe the package, we invite you to visit our service portal and signup online,
www.nepalchannels.com

About New IT Venture K.K.
NITV is a next generation OTT IPTV & Cloud Video Platform Company that has developed a Complete Video Streaming IPTV Solution for Broadcasters, Telcos, ISPs, Hospitality Services & Content Distributors. NITV has partnered with the world’s leading media and technology companies, NITV owns and operates different community based OTT IPTV Platforms and self IPTV Head-end. Founded by executives in the media, technology, and financial communities, NITV is headquartered in Tokyo, Japan, and maintains network operations facilities in Japan, USA, Singapore, Australia, and Europe, and a development center in Kathmandu Nepal. The team at NITV invites everyone to visit www.NewITVenture.Com to learn more about what the company is doing. We accept communication in Japanese, English, Nepalese, Hindi and Urdu.

Press Contact:

Japan +81-3-5650-5430 press@newitventure.com

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JAPAN
NEW IT VENTURE CORPORATION
Kopo Yamato Bldg 2F, Tateishi 5-24-8
Katsushika-Ku, Tokyo 124-0012
NEPAL
NEW IT VENTURE CORPORATION LIMITED
Kapan Marg House number 151
Basbari, Near Thai Embassy, Kathmandu, Nepal
INDIA
NEW IT VENTURE (INDIA) PVT. LTD.
C9/9401,Vasant Kunj
New Delhi 110 070, India