PLACE STAMP HERE Note: This brochure is designed to be printed. You should test print on regular paper to ensure proper positioning before printing on card stock. You may need to uncheck Scale to Fit Paper in the Print dialog (in the Full Page Slides dropdown). Check your printer instructions to print double-sided pages. To change images on this slide, select a picture and delete it. Then click the Pictures icon in the placeholder to insert your own image. “PBX Telecom’s aim is to make video content an ubiquitous presence in people’s lives by having it available and affordable to everyone on any device” Chairman & CEO Mr. Dan Manea PBX Telecom Catalogue PBX Telecom – The video streaming Masters PBX Telecom

“Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG Table of Contents 1.Company OverviewCompany Overview 2.Solutions OverviewSolutions Overview 3.PBX mobile TV & your business growthPBX mobile TV & your business growth 4.PBX web TV / IP TV & your business growthPBX web TV / IP TV & your business growth 5.ConclusionsConclusions

Who we are? In over 10 years of R&D and multimedia platforms design, PBX Telecom has become an innovation driver especially in video streaming services by developing proprietary platforms for Mobile TV/IPTV /WebTV which have been deployed in B2c and B2B services across Europe, Asia and USA. What do we offer? Being a core competence, the focus is to implement our streaming technology in the telecom/hospitality/educational areas where our expertise enable our customers to offer audio & video content which is tailored to their own business /technical requirements and accessible on any devices– mobile handsets, laptops, desktops, TV- sets. “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG Key Customers Contact Us Web: Tel: Cosmote Romania (Member of T- Mobile) – PBX Mobile TV Blade Media (UK based IPTV service) Company Overview

1. How do Mobile TV/IPTV/WebTV work? The source content can be: any satellite TV signal (SD/HD), niche content generated by ISPs, or PBX’s own content network Publishing Point & Encoders: Proprietary technology (CDN) that brings Up to 4 times less bandwidth consumption which saves CAPEX & OPEX; increase customer satisfaction by increased response time; Any mobile phone/tablet/laptop/desktop can access and enjoy the content “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG Solutions Overview Architecture & Process applicable to all video streaming solutions

1. PBX MobileTV/WebTV/IPTV services ensures the widest Range of supported devices “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG Solutions Overview: Mobile TV: Supported Devices * Web TV: Laptops/Desktop platforms and browsers** IP TV: TV sets *** Note*: Any other 3GPP streaming compliant handset is compatible with PBX Mobile TV - Bada OS from Samsung, Java handsets etc; Note**: All Microsoft OS systems starting with Windows XP are supported Note***: Any TV set that can be connected via HDMI/USB/LAN connectors to PBX Set-Top-boxes (STB) & PBX STB

1. PBX MobileTV key market differentiators - features & functionalities: Available only with PBX Telecom – unique feature that enables dynamic allocation of streams. This reduces the cost of required hardware up to 50% or even more, while providing a rich content offering (more TV channels) and greater service optimization (multiple bitrates). Available only with PBX Telecom: 24/7 Re-run support – unique feature among vendors; Adaptive bitrate support and dynamic prioritization of sound vs. image in order to provide the best user experience (minimize buffering situations); Video streaming support starting from 64 kbps for EDGE networks, 128 to 512kbps for 3G networks and 1 Mbps or higher for LTE or fixed line/broadband connections; “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG PBX Mobile TV & your business growth

1. PBX MobileTV key market differentiators - features & functionalities: Platform developed 100% internally – no third party integrators, or software components Encoding presets based on content type in order to optimize user experience (example: sports channels have more fps, music channels have increased audio bitrate) Automatic stream bitrate selection based on network conditions (ex: prevent customers from choosing bitrates that cannot be played due to network limitations (ex: 512 kbps in EDGE) Proprietary content filtering technology that provides bandwidth savings and enhanced image quality under the same bitrates compared to our competitors. “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG PBX Mobile TV & your business growth

2. PBX MobileTV integration services offered to Mobile Operators: PBX Telecom offers a wide range of integration services of its platform with GSM/3G/LTE network component (including without limitation to billing systems, SDP platforms etc) Custom build of client applications for Android/Apple IOS/Windows Mobile OS which are end-to- end integrated with the platform/customer’s network Examples: SMPP based billing (APN independent): users activation/cancellation of the service via SMS (self care) and receive a PIN number to access the service. Webservices integration and MSISDN/MDN coupled with ESN (electronic serial number) client authentication (APN independent); Any other type of integration with 3 rd party platforms is supported “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG PBX Mobile TV & your business growth

3. Attain unrivaled Cost of Ownership: Minimize OPEX through highly Minimum Capex in Hardware, Software, Bandwidth through the dynamic allocation of streams & efficient use of resources as “standard company policy” Cost efficient & flexible technical support offers; Cost-efficient licensing when upgrading / extending the contract validity period; “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG PBX Mobile TV & your business growth

4. Key Service Usage statistics: Deployments across Europe, Asia, Australia and North America Total no. of mobile customers world-wide*: Over 1 million mobile TV users in Asia Over 300,000 Mobile TV users in Romania* Over 100,000 downloads of PBX’s Android client application from Android Market; Note*: the numbers also include figures from PBX‘s own operated service in Romania. “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG PBX Mobile TV & your business growth

PBX TV users across the World and Europe (data does not include our partners and clients direct subscribers)

Users across Romania and particularly Bucharest … and this is just the data for a typical Thursday afternoon… … and only Android and Windows Phone users…

4. Key Service Usage statistics: Available bitrates:  256 kbps – available in all PBX TV networks (incl. Romania);  Pakistan: bundled service – 28 kbps for GPRS, 64 kbps for EDGE networks and 256 kbps for Wi-Fi access;  Bitrate can range between 28 kbps and 1.5 mbps covering all types of mobile and landline networks  128, 256 and 512 kbps available with Cosmote Romania Dolce TV service “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG PBX Mobile TV & your business growth

1. Features & Functionalities: PBX Telecom’s IPTV solution is an enabler for the following services:  Live TV (higher quality with less bandwidth – keeps operators’ investments to a minimum while offering triple-play services);  7 days re-runs – available for all TV channels (content stored on server side);  Video on Demand;  Remote access to user generated content (from STBs or phones);  Leverage incumbent mobile network infrastructures such as HSPA/HSPA+ networks; “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG PBX web TV / IP TV & your business growth

1. Features & Functionalities: The compatible devices with IPTV/WebTV are listed herehere PBX Client application for Microsoft Windows OS; Web TV services can be used from any laptop/desktop computer running Linux/Windows with the following browsers: Internet Explorer (6.0 onwards), Mozilla Firefox, Safari (Apple), Opera Mini, Google Chrome; “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG PBX web TV / IP TV & your business growth

1. Features & Functionalities: PBX’s plug’n play set-top-boxes once connected to the internet and to a TV set, they provide instant access to SD/HD live TV content, media player with subtitles support (for offline video playing), Picassa, Youtube Hybrid TV car computers – using 3G dongles “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG PBX web TV / IP TV & your business growth

Doing business with PBX Telecom brings to your business:  Savings (Capex/Opex) by Efficient usage of resources (bandwidth, already paid TV content) while increasing customer satisfaction;  More Diversification of VAS & Multimedia portfolio with the best cost vs. benefit ratio;  Attain Strategic Differentiation from the competition by using unique innovations which are hard to replicate both Technically and Financially;  Recoup the initial investment in less than one year;  Tap into competition’s user-base by adopting an out-of-the-box thinking thus gaining additional market share; PBX TelecomPBX Telecom – The S.M.A.R.T Choice for your Business! “Example – “It was great working with PBX telecom – great professionals and a great quality of service for Mobile TV” - “someone from PTCL/COSMOTE/ZONG Conclusions