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Terra Networks Selects Smith Micro Solution To Deliver Mobile Video Content To Hundreds Of Handheld Devices

May 25, 2010
Streaming Media Solution Supports Enhanced Video Delivery for Mobile Devices and Improves Bandwidth Utilization Over 3G and 4G Networks

ALISO VIEJO, CA - Smith Micro Software, Inc. (NASDAQ: SMSI), a leading developer and marketer of software solutions and services for the mobility market, announced commercial deployment of its Adaptive Video Streaming Platform with Terra Networks S.A, the largest Internet company in Latin America and digital content provider in 18 countries including the United States.

Smith Micro's Adaptive Video Streaming Platform will be used to deliver Terra TV content for its mobile users. The platform delivers highly optimized video to hundreds of current handheld mobile devices in a manner that matches the unique encoding format requirements and screen display capabilities of each individual mobile device.

"Content providers like Terra Networks, which seek to support the widest array of mobile devices for their users, combined with the best possible viewing experience, have selected Smith Micro's Adaptive Video Platform for their mobile video delivery needs," stated William W. Smith, Jr., President and CEO of Smith Micro Software. "Enhancing the video platform to support mobile devices and other non-Flash-based digital devices is essential to maintaining a compelling and competitive mobile video offering."

The new adaptive video platform is the industry's most advanced video optimization and delivery platform, supporting Video on Demand (VoD) and LIVE streaming. It allows mobile operators and content owners to efficiently deliver videos to any mobile device in real-time for the best user experience. The dynamic delivery platform streams video to desktop and mobile devices while reducing the overall workflow complexity and challenges of content delivery. To learn how the new adaptive video platform can support the Apple iPad and hundreds of other mobile devices please visit, www.smithmicro.com.

About Smith Micro Software, Inc.:

Smith Micro Software, Inc., headquartered in Aliso Viejo, California, with offices in Europe and Asia, develops mobility solutions that enable seamless broadband connectivity and next generation of media and mobile convergence products over wireless networks. Smith Micro's common stock trades on the NASDAQ Global Market under the symbol SMSI. For more information, please visit: http://www.smithmicro.com.

About Terra Networks:

Terra is an internet and digital media company that offers interactive tools and gathers in just one place the most relevant professional and amateurs contents, offering an unique experience to the user. Terra Latin America celebrated 10 years in 2009. With a presence in 18 countries, including United States, receives about 70 million unique visitors per month; more than 12 million unique visitor in Terra TV, with an average of 90 million monthly streamings and a collection of over 280 thousand videos. Terra is a leading Internet company and has portals in Argentina, Brazil, Colombia, Costa Rica, Equator, El Salvador, US, Guatemala, Honduras, Mexico, Nicaragua, Panama, Peru, Puerto Rico, Dominican Republic, Uruguay and Venezuela.

Safe Harbor Statement:

This release may contain forward-looking statements that involve risks and uncertainties, including without limitation forward-looking statements relating to the company's net revenues guidance for fiscal 2010, its financial prospects and other projections of its performance, the company's ability to increase its business and the anticipated timing and financial performance of its new products and potential acquisitions. Among the important factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements are changes in demand for the company's products from its customers and their end-users, new and changing technologies, customer acceptance of those technologies, new and continuing adverse economic conditions, and the company's ability to compete effectively with other software companies. These and other factors discussed in the company's filings with the Securities and Exchange Commission, including its filings on Forms 10-K and 10-Q, could cause actual results to differ materially from those expressed or implied in any forward-looking statements. The forward-looking statements contained in this release are made on the basis of the views and assumptions of management regarding future events and business performance as of the date of this release, and the company does not undertake any obligation to update these statements to reflect events or circumstances occurring after the date of this release.

Smith Micro and the Smith Micro logo are registered trademarks or trademarks of Smith Micro Software, Inc. All other trademarks and product names are the property of their respective companies.

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