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Skyworth Contract Signed

17 Apr 2014 07:23

RNS Number : 0196F
Motive Television PLC
17 April 2014
 

Motive Television PLC

("Motive" or the "Company")

 

Skyworth Contract Signed

 

Integration of Motive Technology into Set-Top Boxes for South African Project

 

London 17 April 2014: Motive Television plc announces that its 100 per cent owned subsidiary, Motive Television Services Limited ("Motive"), has today signed a Software Development License Agreement with Shenzhen Skyworth Digital Technology Co Ltd ("Skyworth"), a leading technology manufacturer that will be supplying set top boxes in support of the Siyaya DTH services. 

 

This relationship between Motive and Skyworth was referenced in the announcement on 27 March 2014 regarding Motive's project with Siyaya Free To Air TV (PTY) Ltd. of Johannesburg, South Africa.

 

Under this agreement, Motive will receive an SDK Licensee Fee, a Certification Fee for each model of device, and royalty fees based on the number of units manufactured. All these fees will be paid to Motive under its agreement with Siyaya that was signed and announced on 30 December 2013.

 

Skyworth Digital Technology is the largest manufacturer of set top boxes in China, with an annual sales volume over 10 million units and is ranked first in its domestic market in China and fifth in the global set-top box business.

 

Leonard M Fertig, CEO of Motive Television plc, commented, "The completion of this licensing agreement with Skyworth is another milestone in the progress of both the Siyaya project and in the development of Motive's Content Express™ business. Having Motive's technology integrated into the set-top boxes of a major manufacturer such as Skyworth is a big step forward for the Company."

 

 

Enquiries:

 

Motive Television plc

Michael Pilsworth, Chairman

Leonard M Fertig, CEO

 

T: +44 20 7025 8425

 

Sanlam Securities UK (Nominated Adviser)

Simon Clements / Virginia Bull

 

T: +44 20 7628 2200

 

 

Hume Capital (Broker)

Jon Belliss

 

T: +44 20 7101 7070

Newgate Communications

Jason Nisse / Stephanie Dobbs

 

Media PR Europe

Gerry Buckland

 

Brainerd Communicators

Chris Plunkett / Mike Smargiassi

 

T: +44 20 7680 6559

 

 

T: +44 7774 860011

 

 

T: +1 212 986 6667

 

 

 

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 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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