Nexstreaming to Supply ‘NexSound SDK’ to Tencent in China

SEOUL--(Korea Newswire)--Nexstreaming (KOSDAQ: 139670) (President: Il-Taek Lim), a leading multimedia software company, announced it entered into an agreement with Tencent, an internet service provider in China, to supply ‘NexSound SDK’ for ‘Jeon Min K Ge’, a karaoke application. It is a licensing agreement for removing voice of singers to deliver vivid accompaniment with high quality sound by adding the function of Vocal Remover to the ‘Jeon Min K Ge’.

‘NexSound SDK’ of Nexstreaming is an audio solution that provides optimal listening environment in mobile devices. ‘NexSound SDK’ includes a virtual stereo mechanism and automatic volume control system. It is an innovative audio solution that minimizes compromise in sound quality that may be caused by the Vocal Remover algorithm.

The agreement will enable Tencent to sharply reduce development cycle of sound sources for ‘Jeon Min K Ge’. Tencent is expected to play an important role in leading the karaoke applications market in China by providing users with chances of experiencing diverse sound sources and satisfactory service.

Jae-Won Chung, Vice President of Nexstreaming, said, “I am excited as Tencent, the world’s top class music service provider, recognizes our ‘NexSound’ technology. The licensing agreement will allow us to expedite development of new products for businesses and users in China.”

Tencent’s ‘Jeon Min K Ge’ is an SNS-based music and entertainment application. It achieved outstanding performance during last year as it continuously hit record highs in the number of users and daily active users. ‘Jeon Min K Ge’ application generates high synergy in QQ Music and music social network service areas.

※Vocal Remover: The function of removing voice of singers recorded in sound source.

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This is a news release distributed by Korea Newswire on behalf of this company.