Mon, 02/22/2016

Funambol and RealNetworks Announce Collaboration to Offer RealTimes to Funambol's Mobile Carrier Customers Worldwide

Joint offering brings innovative digital photo and video experience to end users of Funambol personal clouds

BARCELONA, Spain, Feb. 22, 2016 /PRNewswire/ -- Funambol, the leading provider of operator platforms that power many cloud services, and RealNetworks® (NASDAQ: RNWK), a global leader in video sharing, today announced they are collaborating to bring RealTimes™ to Funambol's mobile operator customers. Through the integration of RealTimes with Funambol's personal cloud solution, mobile operators who license Funambol personal clouds will be able to provide their subscribers with the ability to watch, customize, and share engaging multimedia videos called RealTimes Stories™.

RealTimes, which was initially released in May 2015, solves two of the biggest problems consumers face today: too many photos and videos, and not enough time to organize and share them. When used with Funambol, RealTimes automatically picks the best photos and videos from a user's cloud account, or from their device's camera roll, and instantly creates engaging RealTimes Story videos. It's also easy and fast to customize RealTimes Stories by rearranging clips and photos, changing the duration, and adding filters and personal soundtracks.

"Offering RealTimes with Funambol is a major step forward in our effort to make personal clouds more engaging," said Amit Chawla, Funambol CEO. "The added functionality will provide users with a fun and easy way to enjoy their personal media and see it come to life."

The integration of RealTimes with Funambol offers an easy-to-use video and photo service on one of the industry's best-in-class white-label personal cloud solutions. Funambol is licensing RealTimes to its mobile operator customers who can offer it to their subscribers. The combination of RealTimes and Funambol is designed to make personal clouds more engaging for end users and more valuable for operators.

"We are pleased to work with Funambol and offer RealTimes to mobile operators and their subscribers around the globe," saidMike Mulica, president, worldwide sales and business development, RealNetworks. "The majority of consumers are using their smartphones to capture life's moments. Our collaboration with Funambol will provide mobile carriers the ability to bring a best-in-class photo and video experience to their customers worldwide."

Availability
RealTimes is expected to be available for Funambol in the first half of 2016. Funambol customers can contact Funambol for license details.

For more information about RealTimes, visit RealNetworks at Mobile World Congress (Hall 1 Stand #1H42) or visit Real.com.

About Funambol
Funambol is the leading provider of platforms that power many cloud services. Funambol enables mobile operators, system integrators and other service providers to rapidly go-to-market with diverse branded cloud services. Funambol solutions have been deployed by leading companies in the mobile industry for more than two billion people. For more information, visitwww.funambol.com.

Funambol and OneMediaHub are trademarks of Funambol, Inc. All other trademarks, products and company names mentioned are the trademarks of their respective owners.

About RealNetworks
RealNetworks, Inc. creates innovative products and services that make it easy for people to connect with and enjoy digital media. RealNetworks invented the streaming media category and continues to connect consumers with their digital media both directly and through partners, aiming to support every network, device, media type and social network. Find RealNetworks corporate information at www.realnetworks.com.

RealNetworks, RealTimes, RealTimes Stories, and respective logos are trademarks, registered trademarks, or service marks of RealNetworks. Other products and company names mentioned are the trademarks of their respective owners.

RealNetworks Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, including statements relating to expectations regarding the RealTimes features and functionality, and future uses and partners. Actual results may differ materially from the results predicted. Factors that could cause actual results to differ from the results predicted include technological factors, consumer acceptance, and competitive factors such as the emergence of new entrants in the market. More information about potential risk factors that could affect RealNetworks' business is included in documents filed by RealNetworks from time to time with the Securities and Exchange Commission. The company assumes no obligation to update any forward-looking statements or information, which are in effect as of their respective dates.

SOURCE RealNetworks, Inc.; Funambol