AMO.L Regulatory News (AMO)

28 Nov 2005 07:01

Amino Technologies PLC28 November 2005 FOR IMMEDIATE RELEASE 28 November 2005 AMINO TECHNOLOGIES PLC MAJOR LICENCE AGREEMENT SIGNED Amino Technologies plc ("Amino" or "the Company"; stock code: AMO), theCambridge based broadband network software and systems company, announces thatit has signed a major licence agreement with AS Intercom Ltd ("Intercom"), acompany incorporated in Cyprus but with principal operations within the RussianFederation. The licence agreement allows Intercom to manufacture and supply AmiNET MPEG2 andMPEG4 IPTV set top boxes within the Russian Federation, Kazakhstan and theUkraine. A measure of the potential size of this market is the number oftelephone subscribers which exceeds 30 million. Intercom has agreed to pay a significant licence fee and royalties in respect ofAmino's IntAct(TM) IPTV software technologies and hardware designs. The licenceagreement is for a minimum of 5 years. Whilst the commercial terms areconfidential, the royalty rates for both software and hardware are in line withthe Company's expectations. Grant Masom, Amino's Chairman said: "We are pleased to have signed our firstmajor licensing agreement, demonstrating Amino's ability to be both a marketleading supplier of IPTV set top boxes under its own brand and to address awider market through licensing its technologies to other set top boxmanufactures and suppliers." About AS IntercomTV AS Intercom TV (www.intercomtv.com) is an IPTV solutions integrator, partneringwith world-leading developers and suppliers of customer-premises products andsoftware technologies for IPTV market (Amino), head-end systems (Anevia) andConditional Access systems (Irdeto). Intercom develops and implements integrated solutions for content operators,adapting old broadcasting methods to new ways of content delivery over IPnetworks and enabling provision of variety of new on-demand services byoperators. Intercom TV develops its own software technology (middleware) for IPTV, the ITVManager, which includes client's interface and monitoring, billing and controlsystems for services provision. Intercom TV based in Limassol, Cyprus and has offices in Moscow and Samara,Russian Federation. About Amino Amino (www.aminocom.com) is a designer and supplier of electronic systems,software and consultancy, specialising in applications for on-demand video, IPTV(telco triple-play applications) and in-home multimedia distribution. Amino'sIntAct(TM) client-side system software provides users with the twin benefits oflow cost deployment and rapid time-to-market. The key to these benefits is asoftware stack with a wide selection of pre-integrated third-party components. Amino's own range of small, low cost, high functionality set-top boxes andgateways incorporating its IntAct(TM) software is designed for consumerapplications in telecommunications and broadcast markets, as well as on-demandsystems for hotels and hospitality markets, healthcare, retail and education.Amino also provides systems consultancy and partners with world-leadingcompanies in content aggregation, middleware, conditional access and head-endsystems. CONTACTS Amino Technologies: 01954-234100Grant Masom, Chairman www.aminocom.comBob Giddy, Chief ExecutiveStuart Darling, Finance Director Bankside:Steve Liebmann or Susan Scott 020-7367-8883 or 07802-888159 This information is provided by RNS The company news service from the London Stock Exchange