MotionDSP Announces Strategic Investment and Technology Advancement Agreement with In-Q-Tel

July 24, 2007

MotionDSP, an emerging leader in digital video technology, today announced a strategic investment and technology advancement agreement with In-Q-Tel, the independent strategic investment firm that identifies innovative technology solutions to support the mission of the Central Intelligence Agency and the broader U.S. Intelligence Community.

MotionDSP is already recognized worldwide for its Ikena™ software product family, which ranges from Ikena Workstation, a desktop/laptop-based video forensic tool for the security market, to Ikena Web, a scalable web service for carriers and internet video sites which can enhance tens of thousands of user-generated videos per day.

“Partnering with In-Q-Tel gives us insight into the most demanding applications for video enhancement, and helps us make our products be the best they can be. We’re excited to have been selected for this strategic engagement,” said Dr. Sean Varah, CEO of MotionDSP.

“MotionDSP is an important addition to our strategic investment portfolio,” said Troy M. Pearsall, Executive Vice President of Technology Transfer at In-Q-Tel. “As part of our charter, In-Q-Tel evaluates innovative technology advances with specific applicability to the challenges facing the U.S. Intelligence Community. MotionDSP’s digital video technology has proven itself to be the gold standard in both quality and scalability, and will radically enhance the way any organization–commercial or government–processes video images.”

About MotionDSP
MotionDSP is an emerging leader in digital video enhancement. MotionDSP’s next-generation technology enables Internet video sites and mobile carriers to vastly improve the quality of video captured by consumer video devices such as mobile phones and webcams.

Ikena is a trademark of MotionDSP, Inc. All other trademarks and registered trademarks previously cited are the property of their respective owners and are hereby acknowledged.