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Vimio PLC (VIM)

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Tuesday 01 November, 2005

Vimio PLC

Samsung Agreement


Embargoed Release: 07:00hrs Tuesday 1st November 2005

                                   Vimio plc                                   

                          ('Vimio' or 'the Company')                           

Vimio announces agreement with Samsung Electronics Company Limited ('Samsung') 

Vimio, a developer of mobile media content distribution solutions, has signed
an agreement with Samsung, whereby Samsung is to embed Vimio's audio and video
codec software in its mobile phones.

Under the terms of the agreement:

  * Samsung will embed Vimio's Audio and Video Codec's in mobile phones at
    point of manufacture.
   
  * Vimio will receive a royalty payment for every handset manufactured with
    the embedded Vimio software.
   
  * Samsung also have the right to distribute Vimio audio and video codecs
    'Over the Air' to any handset models in their range.
   
Initially, Vimio's Via Audio Codec will be embedded in Samsung's SPH-B2500
Digital Media Broadcast ('DMB') mobile phone and will enable users to compress
audio files to a quarter the size of their original state. The Samsung
SPH-B2500 will initially be launched in the Korean market.

Vimio's compression technology, the output of 20 years research and
development, can compress wireless media content sent to a mobile phone down to
as little as one tenth the size of competing technologies whilst maintaining
audio and visual quality. The company's technology is characterised by
relatively low CPU processing power, low display resolution and large memory
capability.

'Samsung has enjoyed considerable growth in mobile handset sales worldwide with
over 86.5million sold in 2004. That success has been based on constant
innovation and the introduction of the latest technology-leading features that
distinguish Samsung phones,' said Malachy Harkin, Chief Executive Officer of
Vimio. 'We look forward to working with Samsung on this strategic
collaboration'

                                    
Enquiries:

Vimio plc                                                  +353 (0)87 6980943
                                                                             
Padraic Marren                                                               
                                                                             
John East & Partners Limited                              +44 (0)20 7628 2200
                                                                             
Jeffrey Coburn/Johnny Townsend                                               
                                                                             
Hansard Communications Limited                            +44 (0)20 7245 1100
                                                                             
Andrew Tan                                                                   


                                                                                                                                                                                                           

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