Motorola Invests in GoTV Networks

    SCHAUMBURG, Ill., March 27 /PRNewswire-FirstCall/ -- Motorola, Inc.
 ( MOT) through Motorola Ventures, its strategic venture capital arm,
 today announced that it has made an equity investment in GoTV Networks, a
 leading made-for-mobile television provider. Terms of the investment were
 not disclosed.
     GoTV Networks is the first made-for-mobile television network and
 studio group, which applies an on-demand model to allow consumers to select
 and watch up-to-the-minute news, sports, entertainment and other compelling
 content. "We are committed to enabling the best mobile video entertainment
 experiences for consumers around the globe and our investment in GoTV
 further reinforces this," said Reese Schroeder, managing director, Motorola
 Ventures. "As demand for mobile television grows, Motorola is teaming up
 with innovative companies like GoTV to deliver the next-generation of
 "must-have" services to our handsets."
     "We're excited to have a strategic investment from one of the largest
 providers of wireless technology," said David Bluhm, CEO of GoTV Networks.
 "The investment by Motorola not only supports our position in the
 marketplace, but also further enforces our current strategy, execution and
 overall business plan."
     About GoTV Networks
     GoTV Networks (http://www.4gotv.com) is the first and largest
 made-for-mobile television network. GoTV's team of Emmy(R) award-winning
 producers and mobile technology experts produce a wide array of digital and
 licensed on-demand programming that connects consumers to what interests
 them the most. GoTV's channel offerings include music: Hip Hop Official and
 Altitude; sports: Fantasy Sports Edge and College All Access; and GoTV
 Superchannel, which combines a variety of news, entertainment and comedy.
 GoTV programming is accessible on a broad range of wireless devices via
 monthly subscription through Cingular, the new AT&T, Verizon Wireless,
 Sprint Nextel, Helio and Boost Mobile.
     About Motorola
     Motorola is known around the world for innovation and leadership in
 wireless and broadband communications. Inspired by our vision of seamless
 mobility, the people of Motorola are committed to helping you connect
 simply and seamlessly to the people, information, and entertainment that
 you want and need. We do this by designing and delivering "must have"
 products, "must do" experiences and powerful networks -- along with a full
 complement of support services. A Fortune 100 company with global presence
 and impact, Motorola had sales of US $42.9 billion in 2006. For more
 information about our company, our people and our innovations, please visit
 http://www.Motorola.com.
 
 

SOURCE Motorola, Inc.