"

About Reeltime Rentals, Inc.

MatrixView 's Adaptive Binary Optimization for Lossless Medical Data Compression Recognized With 2005 Frost + Sullivan Award for Technology Innovation

"MatrixView has totally changed the method of
data storage and transmission for use in the compression of radiological data
such as X-rays, ECGs, CTs, and MR scans . Moreover, ABO(TM)'s algorithm is less complex,
faster, consumes less power, and ensures maximum security by encrypting the
digital content simultaneously during optimization. For more information , visit
http://www.

e.

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The term "Codec" is an abbreviation for
"Coder/Decoder" and refers to a software algorithm that takes digital
video and compresses it into a form that is transportable across the
internet and then decodes it upon arrival so that the end-user can
view the video on their PC , with the appropriate player."
CEO of ReelTime Rentals, Inc. The Award recognizes the quality and depth of a
company's research and development program as well as the vision and risk
taking that enabled it to undertake such an endeavor.

The file or program which has been compressed must be 'decompressed ', i.

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"Comparatively, ABO(TM) technology uses
progressive transmission where the first image can be seen in the first few
seconds after which the entire file is seen.2450
Stacie .

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"The ABO(TM) achieves increased compression without data losses by
following the repetition coded compression," says Frost + Sullivan Research
Analyst Preethi Vaidyanathan.

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,
(OTC: RLTR) , in co-development with Scream Networks, today released
details of their custom compression codec .
The company is also working on enhancing its features by allowing the
users to view and work on the same document simultaneously in any Internet
environment, while at the same time, ensuring additional security and
encryption features.

MatrixView's technology has also been used for document scanning and
archiving and the company plans to launch an efficient zip solution for
Internet transmission.com

Masitah Wahab
Manager, Strategic Marketing and Communications
Office: (+65) 6336 2777 ext 202
Email: masitah.com .jones@frost.

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The 'Scream Codec' enables ReelTime
to deliver incredibly crisp video over the internet, and coupled with
our robust delivery network we will be able to do it at a fraction of
the cost of our competitors. For radiology
images such as CT and MR, the compression ratio is 10 to 50 percent better
than existing technologies ."
The first image of a digital scan X-ray comes in the first four seconds
and the entire file of 10 MB in five minutes. The doctor can offer a
diagnosis even when only 30 to 40 percent of the data has been transmitted.

Data compression reduces the size of a file, or groups of files of data by eliminating unnecessary information, such as blanks and redundant data.

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1 of the "Scream Codec", an advanced video
compression algorithm. Although Reeltime Rentals Inc. PALO ALTO, Calif., Frost + Sullivan selected
MatrixView Limited as the recipient of the 2005 Technology Innovation Award in
the field of lossless medical data compression for the inventive adaptive
binary optimization (ABO(TM)).

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"As internet-based Rental-On-Demand services evolve, companies
that can deliver the highest quality video at the lowest possible bit
rates will likely emerge as a leader in this space. "These point and click solutions address
issues such as software installation, long download times, security
for content providers, and the hassles of managing personal media
libraries.

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For more information on Reeltime Rentals, Inc. you may visit our
web site at www. In light of the
significant uncertainties inherent in the forward-looking statements
included herein, the inclusion should not be regarded as a
representation by Reeltime Rentals Inc or any other person that the
objective and plans of Reeltime Rentals will be achieved. They are also working on developing other solutions
such as movie archival, video conferencing, defense-based solutions, security,
and surveillance applications.

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believes that the
assumptions underlying the forward-looking statements contained herein
are reasonable , any assumption could be inaccurate, and therefore,
there can be no assurance that the forward-looking statements included
in this press release will prove to be accurate.
Each year, this Award is presented to a company that has carried out new
research that has resulted in innovations that have or are expected to bring
significant contributions to the industry in terms of adoption, change , and
competitive posture.

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Headquartered in Bellevue, Washington, Reeltime Rentals' mission
is to deliver diverse media content to consumers over its specialized
network enabling them to view the media content that they choose,
whenever they would like to see it.frost.

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ReelTime Unveils Custom Video Compression Codec

1 of
our software. The Company's cutting-edge
technology called Intelligent Rapid Delivery System (IRDS) streams
full-screen media content directly to consumers , while implementing
security measures to combat the threat of piracy.
A significant amount of data is lost during the conventional method of
conversion of images from Echocardiograms from the spatial to the frequency
domain.com

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net

Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This press release may contain certain
forward-looking statements within the meaning of Section 27A of the
Securities and Exchange Act of 1933, as amended , and Section 21E of
the Securities and Exchange Act of 1934, as amended, which are
intended to be covered by the safe harbors created thereby.

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Scream Networks has done
an incredible job of working with us to customize the compression
codec to fit our business needs.

The idea of reducing the size is to save money on transmitting or storing the data.

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Business Editors

SEATTLE-- --Reeltime Rentals, Inc.
"Another drawback with the conventional technology is the use of static
file transmission where the diagnosis can be done only after the full image is
transmitted," observes Vaidyanathan. The company's industry expertise integrates growth consulting,
growth partnership services, and corporate management training to identify and
develop opportunities.

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The co-development effort
has resulted in version 1. Investors
are cautioned that all forward-looking statements involve risks and
uncertainties.

Contact:
Joanna Soh, EVP
Ph: (+65) 63362777 ext 205
E-mail: jo@matrixview.247.

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Compression
codecs, in addition to secure delivery networks and portable player
applications, are integral components of the enabling technologies
that allow content providers to bring media from the theater to the
home via the internet," according to Andrew Edmond, Chief Executive
Officer of Scream Networks."
ABO(TM) uses high correlation found in digital content signals and codes
them in appropriate bit-planes to significantly compress data.

Frost + Sullivan serves an extensive clientele that
includes Global 1000 companies, emerging companies , and the investment
community by providing comprehensive industry coverage that reflects a unique
global perspective and combines ongoing analysis of markets, technologies,
econometrics, and demographics .

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This technology enables the compression and
decompression of digital data without the loss of diagnostically important
information.com

About Frost + Sullivan
Frost + Sullivan, a global growth consulting company, has been partnering
with clients to support the development of innovative strategies for more than
40 years.

brought back to normal before use.

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This could be
followed with any source coder to complete the compression without loss.

About MatrixView Limited
MatrixView (ASX: MVU) is a leading core technology company specializing in
providing data compression and optimization solutions.com
investors@matrixview.

Contact:
Stacie Jones
210.

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reeltimetv .
This real-time feature of ABO(TM) will greatly benefit telemedicine and BPOs
involved in medical radiological diagnostics.w@matrixview.

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This
process has helped it address issues of bandwidth shortages , data transfer,
and speed of transmission by simplifying the algorithms used in binary coding
at both bit and byte levels.

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ABO(TM) not only compresses the image and video files 30 times more
than conventional solutions but also eliminates data loss. The company is
developing its patent-pending Adaptive Binary Optimization
(ABO(TM)) technology for mission critical industries such as medical ,
financial services, security, entertainment and defence by addressing the
current unmet technology needs in these industries.

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Subscribing
customers of ReelTime's service will have access to an extensive
library of quality full-screen movies and other programming without
the hassles of going to the video store or mailbox, nor the added
expense of late fees. It also helps enterprise networks achieve optimum real-time
performance with their existing network infrastructures.

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For these reasons, we feel that we possess the most
competitive product on the market with the release of version 1., Alex Stanczyk, comments, "After an
extensive process of evaluating various options, ReelTime determined
that the 'Scream Codec' was our best choice.