proprietary and confidential | 1 Delivering the Moment SelenioNext™ August 2014

proprietary and confidential | 2 TV Everywhere  Accelerated use of the unmanaged Internet as a means of video distribution  Complexities: Variable bandwidth, many device types, rights management  Requires compression advances in Encoding, Transcoding, and ABR  Imagine is a global leader in signaling, processing, compression and transcoding  Partner ecosystem enables complete TV Everywhere solution

proprietary and confidential | 3 End-to-End Solution Branding & Graphics D/A Sync Cross-convert Playout Video Transcoding Audio Transcoding Supported and Enabled by Global Services BillingTrafficRightsAd SalesCampaigns Audio/Video Encoding Cloud SelenioEdge ABR SelenioNext Networking Management & Tools Velocity Versio Workflow Management Compression Selenio Platinum Nexio Versio Selenio Digital Asset Management Automation Analytics Multiviewers Routers Integrated Playout Editing Master Control Multiplexing Software Encoding & Transcoding SelenioFlex Transmission TV Transmitters Radio Transmitters STL Audio Networking Studio Consoles Terrestrial TV Satellite TV Cable TV Internet/OTT Mobile TV Smart Devices Terrestrial Radio Command and Control Test & Measurement Videotek Magellan Selenio MCP Backhaul Transport Xenio Media Apps Nexio Automation Software Encoding & Transcoding SelenioFlex Media Server Storage Archive Xenio Nexio Workflow Suites Edge Streaming Caching Fast Channel Change Packaging Encryption Origin Server Landmark Playout & Automation Networking Decoding Demodulation Decryption Sync/Conversion Network Adaptation Selenio Transcoding

proprietary and confidential | 4 TV Everywhere & CDN Solution IP/mobile devices  Selenio MCP Real-time encoding and encapsulation  SelenioNext Performs all essential functions of TVE transcoding and distribution  SelenioEdge Edge Streaming and top channel cache for fast channel change  Selenio Next also integrates with third-party Edge solutions for re- packaging, encryption, ad-insertion and session management Selenio Next ABR Video Transcode Audio Transcode HLS Packaging Encryption Origin Server Selenio CDN Edge Streaming Top channels cache Fast channel change 3 rd Party Edge Re-packaging Ad-insertion Session Mgmt Selenio MCP Sources Baseband Real-time IP Encapsulated MPEG-2 or H.264

proprietary and confidential | 5  Video and audio transcoding (real-time) H.264 Multi Bit Rate (MBR)/Adaptive Bit Rate (ABR) video and AAC audio One input transcoded to multiple output rate/resolution “profiles” CDN picks most optimal profile based on available device bandwidth  Packaging HTTP Live Streaming (HLS) and DASH MS Smooth Streaming (Sept, 2014) MPEG-DASH  Encryption HLS encryption with Verimatrix key exchange Verimatrix is the dominant TVE Encryption vendor, others can be roadmapped  Origin server Publishing to Content Delivery Network (CDN) Manifest file defines the profile package SelenioNext – Primary Features & Functions

proprietary and confidential | 6  Space/Power/Cabling Efficiency 10-20x less power consumption 10-20x less rack space 10-20x less cabling & switch ports  Service Velocity: Programmable Intel/Linux OS, rich feature set and fast response enables rapid innovation  Scale: Unlimited ABR profiles per program - any bit rate, frame rate and resolution. Common platform for AVC and future codes (HEVC for example)  Service Reliability: Active Balancing, n+1 clusters, n+1 power, n+1 fans, n+1 management, n+1 switching SelenioNext – Scale Benefits Competitor 6000W 600W vs servers 80 servers −Server nodes: 3200 vs. 80 −Annual Power (W) 1.9M vs. 74K −Carbon footprint (T) 10,276 vs HD and 400 SD Services

proprietary and confidential | 7 Live Transcode Per Server Stream Density * Indicates full system density released with v1.1, Oct, U Appliance2U Appliance10U Blade System MBR Video/Audio transcode, HLS/HSS & DASH, Encryption, Origin, Mgmt 80 HD profiles 160 SD profiles 320 HD profiles 640 SD profiles* 1,280 HD profiles 2,560 SD profiles Linear IPTV Video/Audio transcode, Encryption, Mgmt 40 HD streams 120 SD streams 160 HD streams 480 SD streams* 640 HD streams 1,920 SD streams Order of Magnitude Gain over Alternative Offerings

proprietary and confidential | 8 Up to 24x system densityUp to 97% power savings Scaling for HEVC and UltraHD Streams per 2U Server Selenio SW Only** Gain AVC HD (1080p30) x HEVC HD (1080p30) 96424x HEVC UltraHD (2160p60) x Watts per Stream Selenio SW Only Savings AVC HD (1080p30) % HEVC HD (1080p30) % HEVC UltraHD (2160p60) % **Assumes 2RU server with 4 nodes Advantage / Gap Grows Larger Going-Forward

proprietary and confidential | 9 Unique Technology Approach Hardware Hardware Enables: Density and cost-performance Pixel processing and highest quality Non-IP interfaces (ASI, SDI) Low power consumption Software Enables: System scalability and flexibility HTTP Streaming, DRM and Adaptive Manifest New formats (webm, h.265, cc to text) Scale Software Flexibility Combined hardware/software approach enables industry- leading performance optimization and time-to-market flexibility Optimized

proprietary and confidential | 10 Applied to SelenioNext dense transcoder Hardware PCIe card Server architecture Hardware Pro-sumer silicon High-Density PCIe card design 320 HD profiles in 2RU Less than 2W per stream Software Best-in-class redundancy architecture Rich video, audio, data feature set Packaging, Encryption, Origin Server Powerful intuitive UI Software Intel /Linux SW architecture re-use

proprietary and confidential | 11 System software reuse