PeerTV PLC New Customer Order (1733A)
17 Fevereiro 2014 - 4:00AM
UK Regulatory
TIDMPTV
RNS Number : 1733A
PeerTV PLC
17 February 2014
17 February 2014
PeerTV PLC
("PeerTV" or the "Company")
New Customer Order
PeerTV (AIM:PTV), a provider of technology solutions for the OTT
(TV over the internet) market and PCB (printed circuit board)
production solutions, is pleased to announce that it has received
an order from a new customer, a leading national broadcaster.
The customer carried out extensive reviews and testing and has
placed a framework order for 10,000 units for 2014 of which the
first 1,000 is a firm order for immediate delivery with the balance
subject to successful launching and take up of the product.
The set top box developed by PeerTV is an Android based unit
which enables broadcast content to be distributed via the internet
and downloaded directly onto the subscriber's existing TV screen.
Recognising that broadcasting requirements and functionality will
vary between competing broadcaster and Telcos, PeerTV's system has
been designed to be adaptable to the specific requirements of the
service provider.
PeerTV CEO Avi Vermus comments, "we are now successfully
breaking into our target market. National broadcasters and Telcos
are realising that OTT is an effective and profitable platform
which allows them to reach out to a huge global audience who are
hungry for OTT content. Our Android based eTV system provides a
simple, cost effective and proven solution to the challenge of
delivering TV and video content over the internet and is readily
adaptable to suit local requirements."
PeerTV was one of the first companies in the market to launch an
Android based set top box bringing together the advantages of the
Android operating system, apps and a quick and smooth user
experience to enable TV or web viewing via a single unit.
As previously announced, PeerTV has already completed successful
field trials and is now actively pursuing commercial opportunities
in both Europe and Latin America. The PeerTV package has been
carefully designed to meet the unique needs of the OTT marketplace,
delivering a flexible platform that can be customised both by the
end user and by corporate buyers of the system. PeerTV products are
expected to be bought by ISPs, ethnic TV service providers, content
providers, cable operator, mobile operators, the hospitality
sector, hospitals and academic institutions.
Further enquiries:
PeerTV Plc
Eitan Yanuv, Chairman
Tel: +972 974 07315
Daniel Stewart & Company
Antony Legge / Harrison Clarke
Tel: +44 (0)20 7776 6550
This information is provided by RNS
The company news service from the London Stock Exchange
END
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