Celrun(KSE:013240), a leading provider of advanced IPTV/VoD end-to-end solutions, today announced that the company will demonstrate the interoperability of its IPTV/VoD solution(Celrun TV) with the industry's leading set-top boxes(STBs) at the upcoming IBC exhibition (IBC), September 7-11, 2007, Stand no. IP323.

Celrun has recently captured its top record of IPSTB deployment up by more than 1m units to its customers, more than 500K deployment to Hanaro Telecom. Celrun TV solution and its STBs have successfully positioned in the Korea IPTV market as experiencing and optimizing a cutting edge technology of middleware, DRM and STBs.

With this world unique story of the market proven end-to-end solution, Celrun has positioned its move into European market collaborating with its partners. Byoung Joo Lee, Vice President of Celrun, said : “We would pitch not only end-to-end solution(BtoB) but also its latest STB, TD9000(BtoC)”, TD9000 is a hybrid powerful machine with ATSC/DVB-T tuner integrated and almost all kinds of file format-play as a multimedia player through PC-connectivity or Internet. He added that “TD9000 would be launched in Korea in September first and planning to launch in Europe early next year 2008 and this upcoming IBC should be a great momentum for the company’s move forward to European market.”

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About Celrun

Celrun Co., Ltd. (KSE :013240), is a leading IP set-top box vendor and end-to-end IPTV/VOD solution provider that develops IPTV solutions for a wide range of customers. Since its inception in 1999, the company has been enjoying a market-leading position in IP TV industry by deploying more than one million IP set-top boxes and will continue to strive to be the world market leader.

With Celrun's end-to-end IPTV/VOD solution (CelrunTV), Hanaro Telecom, the second largest fixed-line telecom company in Korea with about 3.7 million broadband subscribers, launched hanaTV in July 2006 and the number of subscribers to hanaTV surged to 500,000 as of July 2007. Hanaro Telecom is targeting to deploy one million boxes within 2007 and two million boxes by the end of 2008.

Headquartered in Seoul, Korea, Celrun has currently 190 employees expecting its revenue in 2007 is over 200 million USD. With over 60 percent in research and development areas, we serve top-tier customers worldwide. Our focus is on providing very advanced communication solutions. Further information is available at www.celrun.com/eng/