MOSCOW and LONDON, July 10, 2012 - Stream LLC, (formerly Omlet.ru), a leading multimedia entertainment services company in Russia, and Miramax, one of the world's leading independent film and television studios, today announced a multi-year subscription video on demand (SVOD) partnership, making Stream the first Russian multimedia entity to digitally distribute Miramax's acclaimed movies to the Russian marketplace.

Under the distribution deal, a broad array of Miramax's award-winning classics, such as Kill Bill, From Dusk Till Dawn, Pulp Fiction, Good Will Hunting, The English Patient and many other masterpieces of modern cinema, will be available to Stream SVOD customers.  Stream SVOD viewers will have the opportunity to watch their high quality HD movie selections directly through www.stream.ru, or to download them to internet-connected devices including tablets, smart phones, game consoles, Blu-ray players and connected TVs.

"Stream's alliance with the acclaimed Miramax film studio is a milestone for us," said Inna Shalyto, CEO of Stream.  "Partnering with Miramax allows us to bring some of the world's most original and loved titles to Russian audiences, and it is also another step in Stream's unmatched efforts to create a sophisticated, public digital content distribution market in Russia through relationships with content owners."

"We're extremely excited to begin bringing Miramax's award-winning movies to Russian audiences through Stream," said Danny Goldman, Miramax Senior Vice President and Head of Sales, EMEA.  "Stream has developed into a leader in the Russian media content market, and we are very pleased that they are our first partner in Russia as we continue to extend Miramax's global relationships."

About Stream
Stream.ru is a Russian multimedia content portal launched by Mobile TeleSystems OJSC (MTS) in 2009.  Sistema JSFC ("Sistema") (LSE: SSA), the largest diversified publicly-traded investment company in Russia and the Commonwealth of Independent States (CIS), joined forces with MTS in 2012 to develop and manage Stream.ru (formerly Omlet.ru).  Stream's content is available on Smart TV devices from Samsung, LG, Panasonic, Philips as well as smartphones, tablets, set-top boxes, and PCs.  Stream's portfolio includes about 7,000 movies and TV series episodes from leading international and Russian studios (Universal, Sony Pictures Entertainment, Warner Bros. Entertainment, Walt Disney, Bazelevs, Central Partnership). Stream's portal reaches more than 1.5 million unique visitors monthly.

For more information visit www.stream.ru

About Miramax
Miramax is a leading worldwide film and television studio with a library of more than 700 motion pictures.  Miramax sells directly and licenses its titles globally through strategic partnerships including: Lionsgate, Netflix, Facebook, Hulu and StudioCanal.  The Miramax library holds some of the world's most original and acclaimed independent films including Pulp FictionGood Will HuntingThe English PatientKill Bill Volume I and IILife is BeautifulReservoir DogsSex, Lies and VideotapeCinema Paradiso and My Left Foot - as well as scores of commercially successful films such as The AviatorBridget Jones's DiaryBad SantaChicagoThere Will Be Blood, and the ScreamHellraiserScary Movie and Spy Kids franchises.  In 2011, Miramax released three new films including the critically acclaimed film The Debt, starring Helen Mirren and Jessica Chastain, directed by John Madden.  Collectively, the Miramax library has received 284 Academy Award nominations and 68 Oscars, including four Best Picture awards.

Miramax is headquartered in Santa Monica, California with a sales office in London.  For more information, please visit www.miramax.com, "like" the company on www.facebook.com/miramax and follow Miramax on Twitter @Miramax.

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Contacts

For Miramax
Kristin Celauro - +1 (732) 264-1131 / kristin@blicksilverpr.com
Katie McGhee - +1 (310) 409-4321 / kmcghee@miramax.com

For Stream
Anna Chernyahovskaya - +7 916 682 5960 / chernyakhovskaya@stream.ru