MIAMI, July 14, 2010 /PRNewswire/ -- Primestream Corp.(TM), the leader in advanced broadcast and IT solutions, announces the acquisition of Building4Media(TM), creator of FORK(TM), the state-of-the-art software for broadcast asset management, playout automation, metadata driven production and publishing. This acquisition allows Primestream to continue to provide and expand an established platform that already serves more than 300 sports, news, and entertainment broadcast channels across over 40 countries.

This merger combines Building4Media's advanced technology with Primestream's expertise in digital content management and workflow, from metadata insertion, to editing and distribution all the way to cloud computing and high capacity storage architectures, said Claudio Lisman, CEO of Primestream Corp. Our capabilities are complementary, and we are leveraging this partnership to expand our reach into new verticals and global markets - including Telepresence, industrial and military applications, and emergency response - to better serve our customers and continue driving innovation.

Building4Media, which will operate under the new name, B4M(TM), designed FORK software as a client server-based, end-to-end platform to easily automate and manage multimedia and digital video database assets. The FORK suite of products is completely flexible and configurable to client needs, providing a total workflow solution from delivery of multiple-format content (including DTV, 3DTV and HDTV) to an array of devices such as IPTV and Mobile Video. In addition, FORK's Mobile2Air(TM) offers a cutting-edge system for leveraging the power of wireless technology to transmit content directly to air.

Primestream's strategy is to extend FORK's powerful platform, which is based on Apple and Windows operating systems and, soon, on Google's Android OS. By combining B4M's mobile and online software technology with Primestream's broadcast experience and support, the company creates a unique solution that empowers broadcasters and other industries with an advanced open architecture software that includes applications to effectively manage and profit from the use of video.

Primestream's customer base spans five continents and includes media giants such as CBS Sports, CNN, CNNMoney.com, NYSE, NASCAR, NFL, CNBC, Liverpool Soccer Club, Reuters, L.A. Dodgers, Star News India, SunTV, RTL, Mountain West at the Comcast Media Center.

For more information, please visit http://www.primestream.com and http://www.b4m.com.

About Primestream Corporation

Primestream is a leader in the design, provision and implementation of advanced broadcast and new media solutions. Founded in 2000, Primestream has set a new standard in broadcasting by deploying the most unique hybrid solutions for TV stations, uplink centers, post-production facilities, ENG/SNG mobile news, sports-gathering systems, emergency management of broadcast facilities and new media asset management.

SOURCE: Primestream Corporation

CONTACT: Kristen Thomas, +1-310-752-4400, ext. 186,kthomas@thephelpsgroup.com, for Primestream Corporation