BURLINGAME, CA--(Marketwire - August 6, 2008) - BitGravity, Inc. (www.BitGravity.com), provider of next-generation Content Delivery Networks (CDNs) for interactive broadcasting, today announced that Blake Krikorian, Sling Media's co-founder and CEO, has taken a seat on BitGravity's Board of Directors and joined other investors in BitGravity's initial funding. Founded in 2006, BitGravity launched the first affordable HD and Live CDN, and recently announced a strategic global partnership with Tata Communications.

"Blake transformed the way we watch TV with the invention of the Emmy award-winning Slingbox™. He has been very successful enabling leading media players with new business models and innovative technology and continues to be at the center of the Internet media revolution," said Perry Wu, CEO and co-founder of BitGravity. "We are fortunate to have strategic investors whose knowledge and relationships in the media, communications, and technology industry will be invaluable to BitGravity's growth."

"BitGravity is redefining the user experience around the quality and performance of content delivery on the Internet and has built an incredible team, a superior network, and an innovative service offering," said Blake Krikorian, co-founder and CEO of Sling Media and BitGravity Director. "Building a network and suite of technologies from the ground up with video delivery at the core has enabled BitGravity to set a new watermark, making Live delivery, HD-quality, and Interactivity part of the new standard for online experiences. This isn't your father's CDN. I'm excited to join BitGravity's Board, to support them through their growth phase and to enable innovative companies around the world to deliver the highest quality online experience."

Mr. Krikorian is co-founder and CEO of Sling Media, a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS), a leading digital lifestyle company. A visionary leader whose company was named a Technology Pioneer by the World Economic Forum, Mr. Krikorian sits on the board of the Consumer Electronics Association (CEA), received the Technology Leadership award by Broadcasting & Cable, was named one of the 25 most influential people in mobile technology (Laptop Magazine), was recognized as an innovator who has changed the face of travel in the 21st Century (Travel & Leisure) and named to Business 2.0's "50 Who Matter Now" and Forbes' "E-Gang" lists.

Previously, he founded and served as CEO of id8 Group Holdings, where he advised companies such as Microsoft, AT&T, Toshiba and Time Warner on product strategy and invested in new product creation. Mr. Krikorian also played an instrumental role in creating and defining products and partnerships at General Magic and at Philips Mobile Computing Group, a company he also co-founded. Mr. Krikorian holds a Bachelor's Degree in Mechanical Engineering from UCLA.

Mr. Krikorian will assume his board role with BitGravity immediately. BitGravity board members include CEO and co-founder Perry Wu and CTO and co-founder Barrett Lyon.

About BitGravity

BitGravity has built the first CDN for Interactive Broadcasting, which is optimized to deliver affordable, HD-quality video on demand, live broadcasts, and interactive applications for massive audiences on the Internet. BitGravity's patent-pending CDN is Tier 1, highly scalable, and delivers the performance that consumers want and expect, including streaming videos that play instantly, and live video with no buffering. The company is based in Burlingame, Calif. and is privately funded by Allen and Company, Blake Krikorian and other investors. www.BitGravity.com

Copyright © 2008 BitGravity, Inc. All Rights Reserved. BitGravity, Bitcast, and BG LiveBroadcast are trademarks of BitGravity, Inc. All other marks are the property of their respective owners.

Contact Information: Media Contact: Christina Hwang Terpin Communications (310) 821-6100 x104