AfreecaTV Co., Ltd, formerly NOWCOM CO.,LTD, is a Korea-based company mainly engaged in the provision of Internet services. The Company provides digital media storage, streaming, downloading, video on demand (VOD), advertising services and content delivery network (CDN) services, as well as distributes online games. It was also engaged in network security solution business, which provides intrusion prevention systems (IPSs), intrusion detection systems (IDSs), enterprise network management solutions (ESMs), threat management systems (TMSs) and Web application firewalls (WAFs) services, as well as Web storage and personal cloud computing business through CDN services. On January 1, 2011, the Company completed the spin-off of the network security solution segment. On July 1, 2011, the Company completed the spin-off of Web storage and personal cloud computing business.