SK Telecom to Develop Next-Generation Content Delivery Services Using Digital Fountain's DF Raptor(TM) Solution

Digital Fountain Inc. today announced that it has licensed its DF
Raptor software solution to SK Telecom, the largest mobile operator in
Korea. SK Telecom will develop its next-generation of MBMS, BCMCS, and
S-DMB content delivery services using DF Raptor(TM). DF Raptor
increases transmission efficiency to enable the delivery of more
content over a broader geographic range to increase ARPU potential
while lowering costs.

The world's most advanced technology for reliable delivery of
high-quality digital entertainment, DF Raptor is a dynamic solution
that solves the inherent problems of content delivery in a mobile
environment, including signal loss/interference and delivery
confirmation challenges.

SK Telecom is the largest mobile operator in Korea, with over
20,000,000 subscribers. The company also has a reputation as one of
the most prominent and technologically advanced mobile operators in
the world. DF Raptor technology will enable SK Telecom to deliver
exciting mobile content - including news, sports, and entertainment -
quickly and efficiently to their subscribers' mobile devices.

"SK Telecom is committed to providing the highest level of quality
services to our customers," said Seungil Park, Service Development
Manager for SK Telecom. "Digital Fountain's DF Raptor technology will
help us improve the efficiency of our infrastructure while ensuring
that our customers receive dependable delivery of the content they
want."

DF Raptor has been adopted as a standard for the 3rd Generation
Partnership Project's (3GPP) Multimedia Broadcast/Multicast Service
(MBMS) specification, and is part of the global standard to support
content delivery services over DVB-H (Digital Video
Broadcasting-Handheld) wireless networks.

"SK Telecom has led the world in the broad-based deployment of
advanced multimedia services for wireless users." said Charlie
Oppenheimer, CEO of Digital Fountain, Inc. "This is yet another
validation of DF Raptor's ability to optimize digital media delivery
over any network."

About Digital Fountain

Digital Fountain software optimizes the delivery of digital media
over any network, even in the most challenging environments. The
company's proprietary DF Raptor solution redefines the science of
forward error correction (FEC) and sets the standard for efficient and
reliable transmission of digital media. Digital Fountain solutions and
services are used today in advanced mobile broadcast, IPTV, streaming
video, file transfer, and national defense applications, and are
recognized by leading international standards bodies including DVB,
3GPP and IETF. Partners and customers include leading global companies
such as Cisco Systems, Sumitomo Electric Networks, Scientific Atlanta,
Northrop Grumman, Pioneer, KDDI, Sirius Satellite Radio, XM Radio,
Sony, Nokia, and many more; www.digitalfountain.com.

About SK Telecom

SK Telecom (NYSE:SKM) (KRX:017670) is the top wireless
communication provider in Korea, where it has more than 20 million
subscribers taking up more than 50% of the total market. The company,
established in 1984, reached KRW 10 trillion (USD 10.7 billion) in
revenue in 2005. SK telecom was the first to launch and commercialized
CDMA, CDMA 2001x, CDMA EV-DO and HSDPA networks, and it currently
provides cellular, wireless internet, mobile media, global roaming
service and more. For more information please visit
www.sktelecom.com/eng