Savtira Corporation Enters Into Strategic Partnership with Oakwood Systems Group, Inc. Client-Side Development


TAMPA, Fla. - Savtira Corporation (Savtira), a new provider of B2B Cloud Commerce solutions, today announced it has selected Oakwood Systems Group, Inc. (Oakwood) as its prime contractor for multi-platform client-side development to extend the Savtira store-fronts to a range of devices and operating systems including smartphones, tablets, browsers, connected cars, computers, smart TV's and media tables. As a part of this partnership, Oakwood is making an equity investment in Savtira.

Based on Oakwood's 30 years in business, core competencies and strength in software, video and platform development, particularly in cloud streaming, Oakwood is uniquely qualified to work with Savtira's innovative Web 3.0 Cloud Commerce platform.

Savtira's Software-as-a-Service Cloud Commerce solution offers digital and physical goods, and uses e-commerce to sell everything from downloadable entertainment programs to consumer electronics. Savtira eStores are branded and custom-tailored for Savtira clients so that no two eStores are alike. All Savtira clients also have the option to distribute millions of digital titles and thousands of physical goods from the Savtira catalog to their customers from their own branded eStore. The platform also includes Savtira's carrier-class "Entertainment Distribution Network" (EDN), which streams all digital media from the cloud to any device. All types of software and digital media (business applications, games, music, movies, audio/e-books) are available to consumers on a rental or subscription basis. No download or installation is necessary. Consumers have the ability to pause media on one device and resume it on another. All data, state and configuration is stored within the cloud.

"It is exciting to work with such a talented group of fellow St. Louisans and Internet pioneers. We are turning the world as we know it upside-down by creating a next generation cable system, which untethers consumers and businesses from the wire and gives them access to their TV, movies, DVR, and radio on the cloud from any IP connection like 3G/4G. As a consumer, it's a fantastic experience to instantly stream media, data and applications from the cloud and also use social tools to see and chat with your friends about what they are enjoying in real time. Oakwood is part of the final digital frontier and we are looking forward to a long and productive partnership," said Timothy Roberts, CEO of Savtira Corporation.

"We continue to grow our business and partner with industry leading organizations, and we are excited to be working with Savtira, who is leading the market in Cloud Commerce," said Charles Windsor, president and CEO of Oakwood Systems Group, Inc. The convergence of cloud computing, the consumerization of IT, the evolution of the Internet, and our 'always-on' society are creating an incredibly dynamic and fast-moving opportunity for Savtira and for Oakwood. Our developers and consulting teams are working with technology as it is being invented - very exciting for our team members. We are thrilled to be working so closely with such a visionary organization."

About Savtira Corporation

Based in Tampa, Florida, Savtira is in the business of Digital Distribution with a Software-as-a-Service (SaaS) e-commerce platform that is a turnkey system for the distribution, marketing, merchandising, and selling of both digital media and physical goods in a single store and a single, unified shopping cart. Savtira-powered stores are designed to meet the specific needs of retail partners so no two eStores are alike. All Savtira eStores are branded and custom-tailored for our partners. Extra features and services are offered on an à la carte basis. Savtira is also building the next Carrier-Class "Entertainment Distribution Network" (EDN) to stream all digital media from the cloud with a feature set that eclipses anything on the market. For more information on Savtira, visit: www.Savtira.com or call 813.404.0123. Follow us on Twitter at: http://twitter.com/savtira.

About Oakwood Systems Group, Inc.

Founded in 1981, Oakwood provides focused business solutions and services that align technology to specific client needs. A team of approximately 100 business and technology professionals, including developers, business analysts, consultants, project managers, and architects, the firm drives strategic initiatives, including process improvement, growth, and cost realignment for organizations ranging in size from $25M to over $25B in revenue. Corporate headquarters are in St. Louis, Missouri. Follow Oakwood on Twitter http://twitter.com/oakwoodtweets.

Media Contact: Marialuisa Curran, APR

Savtira Corporation

Phone: 813-440-3847

Fax: 813-440-3800

Email: MCurran@Savtira.com

Website: www.Savtira.com

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