Narrowstep Inc. is engaged in the field of Internet-based video content delivery. The Company’s operating system, which it has termed the television operating system (TelvOS) provides delivery of video content and television-like programming to mobile, wireless, Internet, broadband and broadcast services. Its system provides a platform to enable owners and users of video content to reach specific audiences by narrowcasting-targeting delivery of specific content to interested groups. Narrowcasting provides new business opportunities for content providers to build commercial channels by creating a new model for delivering content. In addition to enabling delivery of content, the Company’s platform enables its clients to commercialize video-based content. This can be achieved through directed advertising, sponsorship, pay-per-view, subscription, and/or e-commerce.