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PeerTV PLC

20 July 2011

July 20 2011

PeerTV PLC

("PeerTV" or "the Company")

New Android Internet Set -top-box product ready for customer testing and to be launched in September 2011

PeerTV PLC (AIM: PTV), a provider of technology solutions for the OTT (TV over the internet) market, is pleased to announce the immediate availability of evaluation samples of its Android-based Internet TV Set-top-Box, ES-550. The new product, under development for over a year is now entering its customer testing phase and is expected to be formally released during the IBC exhibition in Amsterdam in September 2011.

The ES-550 offers a service-operator grade solution that combines the benefits of the latest features expected by customers in OTT Set-top-Boxes with the power and flexibility of the Android operating system. Remote upgrading and maintenance, content protection and validation and the ability to transform the standard Android user experience into a TV-optimized experience, are amongst the features of the PTV ES-550. Based on a SigmaDesign media processor, the ES-550 brings the quality and maturity of its media architecture to the Android era, extending and improving formerly phone-oriented tools and functions that are inadequate for modern, full-HD service.

The new product comes bundled with a software development kit and sample application framework for PTV's customers. This will allow quick and easy adaptations of the applications to the needs and style of the application developer, without the need to invest significantly into studying the specifics of the Android media architecture and its powerful but complex multi-application environment. With the ES-550, TV applications can be developed and downloaded as multiple individual apps while integrating them into a fully cooperative solution at the service provider side.

"Android is expected to become the new standard for Embedded TV devices", says PeerTV CEO, Ofer Barda, highlighting that the traditionally fragmented Set-top-Box industry still relies on proprietary programming interfaces. "Application development time and cost will be reduced dramatically while user benefits and satisfaction levels are expected to increase to a new level" says Chen Landau, PeerTV Sales VP, "all based on the power and flexibility of the Android operating system".

For more information, please contact

PeerTV PLC

Ofer Barda, CEO Tel : (+ 972) 544 313 645

Chen Landau, VP Sales Tel: (+972) 546 856 920

Libertas Capital Corporate Finance Ltd

Thilo Hoffman, Andrew McLennan Tel: + 44 (0) 207 569 9650

Rivington Street Corporate Finance

Dru Edmonstone Tel: +44 (0) 20 7562 3350

Bishopsgate Communications

Nick Rome, Deepali Schneider, Natalie Quinn Tel: (+44) 0207 562 3350

Note for Editors

PTV listed on AIM on 30 December 2010. The Company develops and markets proprietary solutions which enable content providers to deliver specific, live, streamed channels and VOD over the Internet on a cost effective basis for viewing on TV sets. The Company's core customers comprise content owners or aggregators looking to deliver specialised content to customers distributed across the globe. To date, the Company has been particularly successful in servicing providers of "narrowcasting" content - that is niche content with appeal to specific communities of interest. This market encompasses the delivery of ethnic or national content to customers outside of their place of origin. The Company's ability to deliver a cost effective solution for the delivery of such content while providing the end customer with a content rich and high quality viewing experience has been central to its ability to attract business from such content providers.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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