5 May 2015 07:01
5 May 2015
Motive Television PLC
("Motive" or the "Company")
Second BYOD Ferry Contract Agreed with Attica Group
Covers deployment on 12 Ships carrying over 4 million passengers annually
Motive Television PLC (AIM: MTV), the technology provider to broadcasters and pay television operators, is pleased to announce that Twin Peak S.A. (Twin Peak) has agreed to a one-year renewable commercial contract for the Motive/Twin Peak video solution with Attica Group (Attica Holdings S.A.) of Athens Greece, provider of ferry services from Greece to Italy and the Greek islands.
Attica Group (ATTICA: Athens Stock Exchange) operates Superfast Ferries and Blue Star Ferries in the Adriatic and Greek Domestic Sea. Four Superfast Ferries serve routes between and among Venice, Ancona, and Bari in Italy and Corfu, Igoumenitsa, Patras, and Athens. Eight Blue Star Ferries provide service between and among Athens (Piraeus), Crete, and the Greek Islands. Attica Group reported carrying 4.13 million passengers on these operations in calendar year 2014.
The agreement with Twin Peak covers deployment on all Attica Group ferries with BYOD services planned to begin 15 May 2015. On 24 March 2015, the Company announced the commencement of testing of the BYOD services on the Attica Group ships without identifying them as the client.
The revenue to Motive from this contract will depend upon the number of passengers buying the service, however, in the case of the 12 Superfast and Blue Star ferries, a conservative forecast for Motive might be in the annual range of €600 thousand to €800 thousand (£440,000 to £588,000) per year.
Leonard M Fertig, CEO of Motive commented, "Motive's second BYOD customer, with 4 million passengers, gives our business critical mass and should help advance our ongoing discussions with other ferry and maritime prospects. The BYOD solution is unique, highly efficient, and is receiving much interest among the ship operating and communications community worldwide. It is a highly scalable business for Motive and we expect more opportunities in the future."
Enquiries
Motive Television plc Michael Pilsworth, Chairman Leonard M Fertig, CEO
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Sanlam Securities UK (Nominated Adviser) Simon Clements / James Thomas
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Beaufort Securities (Broker) Elliot Hance
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Newgate Communications Jason Nisse/Andre Hamlyn
Media PR Europe Gerry Buckland
Brainerd Communicators Chris Plunkett / Mike Smargiassi
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Notes to Editors
Motive Television provides broadcasters and pay television operators with enabling technology that provides opportunities to deliver highly valued services to viewers that generate additional income and retain existing subscribers, comprising:
Content Express™
Today's television viewers are demanding the ability to watch whatever they want when they want it on any screen, and Motive's Content Express™ makes that possible without having to build new networks. Content Express™ software provides secure delivery and management of non-linear digital content across any type of broadcast network to any consumer-facing screen or device. Motive has deployed it in both single and hybrid distribution systems that combine broadband access with traditional distribution for an optimal solution.
Motive's Content Express™ solutions platform provides a one-stop shop for digital terrestrial broadcasters, satellite, DTT cable pay television platforms, and Internet OTT content providers to offer new services including: Video on Demand (VOD and SVOD), Catch-up television, Tablet Television, Targeted advertising for VOD, Mocast for 4G LTE, Virtual channels and Video2Go.
Tablet TV
With a proprietary app and T-Pod antenna-tuner, tablet owners around the globe can watch and record all the programming currently broadcast over digital terrestrial channels. Additionally, Tablet TV subscribers have the ability to download a selection of video-on-demand movies and programmes without the need for Internet access and, when they are connected, use integrated social networking and access anything available over the Internet.
Motive's content division is:
Motive Television Limited, a Dublin-based award-winning independent production company that produces factual programmes for Irish broadcasters. It specializes in live sports production and sports documentaries and also produces factual and entertainment series.
Motive Television was founded in London in 2005 and its shares are quoted on the London Stock Exchange (AIM).
http://www.motivetelevision.co.uk