NetStairs®, VYPA™, Hidaka® and Nasas® sign 5B RM Revenue Partnership Agreement

FORT LAUDERDALE, FLORIDA - (BIZ WIRE -Press Release Newswire) - (June 15th, 2011) - NetStairs.com®, Inc., the intelligent digital media delivery enabler, announced today the execution of 5B RM (€1.2B) Revenue Share Partnership Agreement through its client VYPA B.V. (Netherlands), NASAS and Hidaka providing iSocialTV services.

On April 9th 2011, the collective collaboration of multi-vendor partners manifested the World’s First V-Sat/4G/LTE/Wi-Max/Wi-Fi launch in Limbang, Malaysia. The subsequent event after initial signing of the letter of intent resulted in the execution of Hidaka and VYPA revenue-share partnership agreement over a 5 year term. The potential reach serving 29M Malaysian population with the iSocialTV interactive, Video Conferencing, VoIP, Instant Text Messaging, Live Streaming, On-Demand and other rich interactive features such as Fan Rooms and Network Channels will provide a new stream of excitement and market opportunities. The honorable Information, Communications and Culture deputy minister Senator Datuk Maglin Dennis de’Cruz being the guest of the ceremonial opening experienced iSocialTV first hand. At the ceremony, he and many other tech elites watched and interacted with iSocialTV broadcasting demonstrated by VYPA ASIA’s managing director Mr. M. Vijjayandran during the launch of ‘Desa Pebahanan’. With the live feed from the U.S. and Holland along with broadcast of HD content at nearly a 67Kbps uplink and downlink with 700ms latency, iSocialTV was successfully launched.

“iSocialTV offers the world’s first real Interactive Broadcasting Platform to reach a small targeted group or millions of users simultaneously. The expansive opportunities are almost endless because of the unique combination of the features and the high quality it provides. With iSocialTV telecom, media broadcasters, and TV Networks could deliver another dimension of interactive experience to their users and subscribers.” said Mr. Fred Bootsma, VYPA’s Chief Executive Officer. “With iSocialTV you can let your media and your imagination run wild.” He continued.

“After nearly six months of continued technical and business collaboration, NetStairs (original developers of iSocialTV) is proud to offer Hidaka’s clients and subscriber with iSocialTV serving the interactive needs of the population at large. Hidaka and its Nasas will deliver interactive Fan Rooms, TV Broadcast and Movie On-Demand Channels through VYPA Sdn Bhd in Kuala Lumpur with planned expansion in the U.S., Europe and other parts of the world. We salute the Malaysian Government and Telecom industry’s vision on such a memorable event.” said Ahmad Moradi, Chairman, CEO of NetStairs.com Inc. “In addition, we’re honored and blessed with the most recent timely announcement by the Malaysian Prime Minister Datuk Seri Najib Tun Razak, the PM plans to introduce two new interactive platforms in June.” He continued.

One of the key attributes of Hidaka, Nasas, VYPA and NetStairs is the value-added relationship empowering Hidaka as the country’s sole and exclusive owner of the high speed broadband access that utilizes the 821-824 spectrum and 866-869 megahertz (MHz) with broadcast and broadband cross over exclusive license delivering interactive video. The spectrum should become available to the Hidaka’s subscribers at an affordable all inclusive subscription plan shortly thereafter. The wireless portion of the technology project was collaboration amongst Hidaka, WDSI, IPSTAR, Airspan, NetStairs, and VYPA. A separate ceremony was also made between Hidaka, Airspan, WDSI and Agilent Technologies for the 4G LTE project.

ABOUT HIDAKA

Hidaka (M) Sdn. Bhd with two prong operations in Construction and Telecommunications industry was incorporated in Malaysia under the Company Act, 1965, on 8th July 1996. The company’s shareholders and directors are all Bumiputera individuals and the company is genuinely maintained its status as a 100% Bumiputera Company. The founder of the company, Tn. Hj. Mahadi Bin Hj. Hanafi is currently the Managing Director of the company.

The principal activity of the company is to focus on civil infrastructure and construction engineering field while maintaining its business in services and maintenance works. The business activities are separated into two main streams: Civil infrastructure and Construction Engineering – Primarily Telecommunications infrastructure works, electrical & wiring, cabling and power transmissions. The company provides Building works & substation, public infrastructure such as reactive drainage system etc. serving its market. On April 9th, iSocialTV Platform Global Initiative marked the world’s first V-Sat/4G/LTE/Wi-Max/Wi-Fi/iSocialTV in Limbang, The State of Sarawak, East Malaysia. Hidaka is the country’s sole and exclusive owner of the high speed broadband access that utilizes the 821-824 spectrum and 866-869 megahertz (MHz) with broadcast and broadband cross over exclusive license delivering interactive video.

ABOUT VYPA CORPORATION

VYPA Corporation is the iSocialTV global initiative enabler providing the next generation of interactive content and user experience platform. Through its subsidiaries in Europe and Asia, the company provides infrastructure and platform as a service. The company provides interactive social media TV to Telecom, TV Networks and the Film Industry. On April 9th iSocialTV was launched via V-SAT/4G/LTE/Wi-Max/Wi-Fi/iSocialTV in Limbang Malaysia. The company plans to work with the leading telecom and network providers with planned expansion into U.S., South, and Central America. VYPA is the worldwide exclusive provider of iSocialTV. VYPA provides interactive social TV, Film, and other integrated services to Government, Telecom, Film and TV Network Broadcasters serving their subscribers.

To learn more, visit http://isocialTV.com.

ABOUT NETSTAIRS.COM INC

NetStairs® is the Intelligent Media Delivery Enabler™. The company builds digital media infrastructures and platforms for global brands. From our inception, we have combined science, art & technology into a showcase of solutions founded on our intelligent media delivery algorithms with a focus on interactive, live, on demand, streaming, download, and podcast, protocols. In March 2000, we started with our Cybermercial® video email followed by pioneering IV8® - the world's first intelligent media middleware delivery system. Today, the company offers a wide array of cloud or closed Managed Hosted Solutions (MHS) known as IaaS and PaaS. All platforms are wrapped with CMS agnostic WEB 2.0 / 3.0 sought solutions and built on CDN delivery serving digital media market.

NetStairs team of highly specialized core engineers, software engineers, programmers, creative, and 3D designers, has delivered a wide array of turnkey projects. Globally, we serve ad agencies, brand managers, publishers, TV stations, Network broadcasters, content suppliers, event planners, and enterprises. March 2011 marked NetStairs'® 11th anniversary. As an interactive media delivery enabler and with the collaboration of our technology partners such as Akamai®, Adobe®, Limelight Networks®, Microsoft®, Apple®, Real®, Google®, and other tier 1 cloud & data center suppliers, we empower our clients with the most seamless custom tailored turnkey infrastructure and platform projects. As a boutique firm with a creative vision and a proven track record, our claims are backed with a history of deliverables.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.

NetStairs.com®, Inc.

Investor Relations

Contact: Ahmad Moradi PhD

inquiry@netstairs.com

954-229-0900

NetStairs®, NetStairs.com™, Cybermercial®, IV~8®, e-iV8®, ICE CUBE® and FlexiView® are Registered Trademarks of NetStairs.com®, Inc. Intelligent Media Delivery Enabler, iSocial TV, SNL, are service marks. All other names are registered trademarks of their respective companies. Copyright© All Rights Reserved 2000-2011.

Related News: visit: http://www.wdsiasia.com/news/Story.aspx?NewsStory=16