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RfStream Secures $7.8 Million in Funding From Major Japanese VCs - More Funding Expected Soon

July 24, 2006

RfStream Corporation, leading supplier of RF CMOS based low-power compact Mobile TV tuners, successfully secured funding of JP Yen 900 Million (Approx. $7.8 million @ Yen116/1.00US$) from a group of Japanese Venture Capital firms including leading investor JAFCO Co., Ltd.
As part of this round of financing, the Company is continuing its discussions with several other investment firms, and expects to receive additional funding before the close of this series a few weeks from now.