NetStairs® Completes Acquisition of Holland’s GigSoft

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--NetStairs.com Inc., the intelligent media delivery enabler, completes the acquisition of GigSoft in the Netherlands.

“We are pleased to welcome GigSoft into the NetStairs family. Together, we now extend our technologies and innovative services through GigSoft serving the `BENELUX' market. Recognizing the importance of a local market presence, particularly in Europe, we take special pride in providing personal concierge service to our clients,” said Ahmad Moradi, Ph.D., Chairman, CEO of NetStairs.com, Inc. “GigSoft has already become the springboard for NetStairs products and services serving its Fortune 1500 clients,” he added.

Peter Ticoalu said, “In the past few months since execution of the letter of intent, GigSoft, a recognized leader in the Dutch IT market, has taken measures to introduce NetStairs products and services to its clients. The exceptional phenomena with interactive user experiences such as HEXA2, LIVE IN 30 SECONDS, and the soon to be released Virtual Town Hall along with NetStairs' other products, have created a strong buzz amongst key media players. We will be positioned to realize our vision of allowing consumers and companies to reshape a new interconnected world applying NetStairs unique IV~8 intelligent media delivery middleware and its deployment from Web 2.0 into Web 3.0. This will not only renew the method of doing business and develop new opportunities for corporations but it will also start a new video ubiquity interconnected community.”

About NetStairs.com, Inc.

NetStairs.com®, founded in March 2000, a privately held corporation, is the world’s first, one and only intelligent middleware media delivery enabler serving its clients with its IV~8® patent published technologies. As the “Switzerland of Media Codec”, the platform is packed with “Swiss Army Knife” web based tools enabling companies to transform from Web 2.0 into Web 3.0. With the introduction of LIVE IN 30 SECONDS, and HEXA2 Virtual Board Room, hosted media solutions now have a real-time interactive user telepresence experience. Clients may build seamless integrated workflow into CIV-8 media conversion delivering content through their own CDN or Akamai® as default content transport in 70 countries. In the past, the company has served media ad agencies, production studios, Fortune 1500, publishers, TV Stations, banks, broadcasters, brand owners, and telecom providers with web driven solutions to monetize their online content and reach a wider audience.

NetStairs® middleware platform supports industry standards supplying flexible, transparent, universal and seamless media to iPhone, Nokia, Windows Mobile, portable Wi-Fi, Wi-Max devices, PC, MAC, IP TV, wired and wireless networks. The company products may be obtained in OEM, managed hosted solutions, or rented for event promotions. For more details, please visit: www.netstairs.com. To learn about NetStairs video email visit One>Click Cybermercial, for creative and turnkey services, please visit: http://www.netstairs.ro/index_en.html.

About GigSoft

GigSoft is an IT innovative solution provider specialized in designing and developing business applications utilizing the latest IT technologies. We believe, when innovative technology is beneficial for our customers then it is worthy to provide this value-added solution. At GigSoft, we work with the latest open standard IT tools, techniques and methodologies that keep us at the forefront of the fast changing world.

GigSoft offers a full range of IT consulting in order to bring to our customers the most flexible and effective solutions for their businesses. Whether it is a new development initiative, integrating existing applications with new developed applications and harvesting legacy applications into new internet applications. GigSoft technical resources provide the right expertise at the right time to make the project a success. For more details, please visit: www.gigsoft.nl.

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.