News

July 4, 2008 Noank Media Inc. launched a beta trial of its legal P2P digital content service together with Cyberport in Hong Kong. The thirty-day beta involves users of the Cyberport internet service, who will have access to Noank's growing catalog of music and educational content, and is designed to help Noank and Cyberport develop a compelling commercial version of the service for Hong Kong and Chinese users. The service with Cyberport is the first to employ Noank's revolutionary blanket licensing model and technology.

June 19, 2007 Noank demonstrated its technology in April 2007 and will begin its Chinese service in the fall of 2007. Noank is working with its university network partner, CERNET (China Education and Research Network) to deploy the service, known as Feilio in Asia-Pacific, at all Chinese post-secondary universities and colleges over the next three years. Noank will make its consumer broadband service available in Hong Kong in late 2007.

Discussions are underway for Noank services in North and South America, Europe, and India.

February 25, 2007 Noank Media Inc., a Harvard University spin-off, has signed agreements in the China region that will generate significant new income for content owners, while helping to solve online piracy. The company recently completed its first financing and will launch its service in September 2007, with 20 million subscribers expected by 2010.

Corporate finance contact:
Keith Bullen
HarbourCastle Capital Inc.
416.350.2794
kbullen@rogers.com

Media contact:
Katherine Holmes
Holmes Creative Communications
416.628.5604
kholmes@hccink.com

In The News

"Building the Tools to Legalize P2P Video-Sharing" New York Times, May 9, 2009.

"The Music Biz & File Sharing" BNN, December 1, 2008.

"Let's Sell Recorded Music" MusicTank, November 4, 2008.

"Beyond Text: Intensifying Multimedia Search" E-Commerce News, September 11, 2007.

"Insatiable Demand at Noank Media" Mediacaster, September 10, 2007.

"Circling a Circle: Alternative Compensation Models in Action" Royalty Week, July 24, 2007.

"Legal p2p Downloads Coming Soon?" Arstechnica, October 17, 2006.

"Universities Crack Down on Illegal Downloads" Lawrence Journal-World, October 14, 2006.

"YouTube Can Avoid 'Napster's Fate" BBC, October 14, 2006.

"More than Talking Heads at Future of Music Summit" McGill Reporter, October 5, 2006.