Telanetix Announces Contract to Provide Digital Presence to Entertainment Production Facilities

Telanetix Announces Contract to Provide Digital Presence to Entertainment Production Facilities

Telanetix Technology to Be Used in Feature Film Production

SAN DIEGO, June 29 /PRNewswire-FirstCall/ -- Telanetix, Inc. (BULLETIN BOARD: TNXI) a leading developer of IP networks, video and conferencing standards, today announced it has signed an agreement to provide its Digital Presence technology to Digital Stream Studio, a provider of real-time multi-track audio and video telecommunication services to the entertainment industry. The $100,000 system will allow the company to bring multiple film production partners in remote locations together into a single unified environment. Lakeshore Entertainment will use the Telanetix Digital Presence system to facilitate collaboration between the studios during preproduction, production and postproduction of their current slate of films including the upcoming "Feast of Love" staring Morgan Freeman. Lakeshore Entertainment Executive Vice President Richard Wright stated, "We are looking forward to the high quality video conferencing capability of the Telanetix Digital Presence system which will be used daily between our remote locations throughout the production process. The implementation of the Telanetix system will reduce travel time for our executives and enable face-to-face meetings at any time between our Beverly Hills offices and remote locations anywhere in the world."

"The capabilities of the Telanetix Digital Presence system are unique in that the technology provides video, audio and data images so real that it can serve even in the most demanding entertainment industry environments," said Tom Szabo, Chairman and Chief Executive Officer of Telanetix, Inc.

"The integrity of the Telanetix network and the built-in traffic shaping software also provides a vehicle to view media concurrent with the video conferencing session without degradation, an important feature for the entertainment industry that we have been unable to duplicate using other technologies," added Lyle Sawicki, Chairman and Chief Executive Officer of Digital Stream Studio.

The Telanetix Digital Presence system creates a fully immersive and interactive environment that integrates audio, video and data from multiple locations into a single environment regardless of geographic boundaries.

About Telanetix, Inc.

Telanetix, Inc. has developed a unique technology which creates a fully immersive and interactive environment that integrates audio, video, and data from multiple locations into a single environment regardless of geographic boundaries. The company's Digital Presence Technology delivers full size, face-to-face images of real-time video, audio, and data in high quality resolution at 30 frames per second which is so profoundly real that users feel as if they are all present in the same room. Using Telanetix developed Codecs and advanced MPEG-4 compression on a Linux platform, the Company has effectively replaced the central videoconferencing bridge of legacy systems with high quality decentralized IP multicasting which provides speed and resolution which is significantly greater than those found in most existing technologies.

Additional information is available at the Telanetix Corporate website at www.telanetix.com.

About Lakeshore Entertainment

A leading independent film producer, Lakeshore Entertainment Group is a full service motion picture studio engaged in all aspects of the expanding entertainment industry. Since its founding in 1994 by Tom Rosenberg, Lakeshore has grown rapidly and today is a diverse and fully integrated entertainment media enterprise. Notable films include the Academy Award winning "Million Dollar Baby", the "Underworld" franchise, and the box office sensations "The Exorcism of Emily Rose" and "Runaway Bride."

About Digital Stream Studio

Digital Stream Studio is an innovator in the development of real-time multi-track audio and video telecommunication solutions for the entertainment industry.

Certain statements contained in this press release are "forward-looking statements" within the meaning of applicable federal securities laws, including, without limitation, anything relating or referring to future financial results and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by the company with the Securities and Exchange Commission. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward the forward-looking statements contained herein. The companies undertake no obligation to publicly release statements made to reflect events or circumstances after the date hereof.

Source: Telanetix, Inc.

CONTACT: Rick Ono of Telanetix, Inc., +1-858-362-2250,
rick@telanetix.com; or Investor Relations, Terry McGovern of Vision Advisors,
Inc., +1-415-902-3001, mcgovern@visionadvisors.net, for Telanetix, Inc.; or
Media, Xenia Moore of Moore Public Relations, Inc., +1-619-275-0185,
xenia@moorepr.com for Telanetix, Inc.

Web site: http://www.telanetix.com/

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