28th July 2008

Network18 chooses LogServer™ for compliance logging

MELBOURNE, AUSTRALIA. July 28th, 2008 - :mediaproxy today announced that Network18, which includes CNBC, have ordered mediaproxy's LogServer solution. Working closely with partner Ideal Systems, Network18 will deploy mediaproxy's LogServer solution for compliance logging and monitoring early next month.

About Network18

Network18 is one of India's leading full play media conglomerates with interests in television, print, internet, filmed entertainment, mobile content and allied businesses. Through its holding in Television Eighteen India Ltd, Network18 operates India’s leading business news television channels, CNBC-TV18 and CNBC Awaaz. It also runs one of India’s largest Internet players - Web18, as well as one of India’s leading real time financial information and news terminals - Newswire18.

TV18 has recently expanded into print with the acquisition of Infomedia, India's leading player in the B2B publishing and printing operations space, and announced a collaboration with Forbes media for the launch of a business magazine in India and is in process of launching a Hindi business daily for the Indian market via a 50:50 JV with Jagran Prakashan.

Through its holding in ibn18 Broadcast Ltd. (formerly GBN), Network18 operates in the general news and entertainment space with leading general news channels CNN-IBN and IBN7 and has launched IBN Lokmat, a Marathi news channel in partnership with the Lokmat group. ibn18 also operates a joint venture with Viacom, called Viacom18 which houses the MTV, VH1 and Nickelodeon channels in India - as also Studio18, the Group’s filmed entertainment operation and will be launching ‘Colors’, a Hindi general entertainment channel.

Additionally, Network18 holds the Group’s online & on-air home shopping venture, Homeshop18 and its full spectrum events management venture, E18.

More information about Network18 may be found on the company website at http://www.network18online.com.

About :mediaproxy

:mediaproxy is an award winning company, providing complete solutions for the monitoring and logging of rich-media. Video, audio and real-time data sources may be reviewed and managed 'long after the event' for legal and commercial compliance requirements and competitive analysis. Located in Australia with a global network of broadcast integration partners, :mediaproxy is an affiliate of the XENON Technology Group (XTG), a leader in high-performance hardware platforms and customised software solutions for broadcasters and digital content creators.

For further information contact: mediaproxy Pty Ltd on: +61 03 9549 1100 phone, +61 03 9549 1199 fax, www.mediaproxy.com