Orcadian Engy Regulatory News (ORCA)

26 Mar 2007 07:01

Orca Interactive Ltd26 March 2007 Orca Interactive Limited ("Orca" or "the Company") Orca wins significant contract with ON Telecoms to enable innovative IPTV rollout in Greece RA'anana, Israel - 26 March, 2007 - Orca Interactive (LSE: ORCA), a globalmarket leader in developing middleware and applications for IPTV, announcestoday that ON Telecoms, an alternative telecoms provider, is utilising Orca'sRiGHTv middleware in a pioneering Greek IPTV deployment. Powered by Orca's latest version of RiGHTv middleware, the ON Telecoms IPTVservice includes live TV (a hybrid of DVB-T and IP channels), on-demand servicessuch as video on demand (VOD) and super fast broadband up to 10 Mbps. Theservice uses MPEG-4 technology and can provide channels in Standard Definitionor High Definition quality. ON Telecoms began offering its Greek IPTV solution just four months afterstarting the project. This further demonstrates Orca's ability to enableinnovative operators to design their own solutions and launch successful IPTVrollouts in a short time to market. Commenting on the announcement, Orca Chief Executive, Haggai Barrel said: "Weare excited to be working with ON Telecoms. They have a deep understanding ofthe Greek market and have a proven track record in triple play deploymentsacross Europe such as FastWeb in Italy and Hansenet in Germany. Their decisionto select Orca as a key partner on this project further underlines theefficiency, suitability and strength of Orca's RiGHTv solution." Explaining his decision to select Orca's RiGHTv solution, ON Telecoms ChiefExecutive, Ruggero Gramatica said: "ON Telecoms identified the potential ofGreek market for IPTV, but as an innovative startup we didn't have the luxury oftime in getting the deployment up and running. So we selected a first rate team,of which Orca Interactive provides the core middleware management, to get usthere quickly as well as meet all of our custom requirements. With this team wewere able to offer a complete and reliable triple play package in just fourmonths." For further information please contact: Orca InteractiveHaggai Barel+972-9-7699444IR@orcainteractive.com FDJames Melville-Ross / Matt Dixon+44 (0)20 7831 3113 AltiumTim Richardson+44 (0) 20 7484 4040 About Orca Interactive Orca Interactive (LSE-ORCA) is a leading provider of IPTV middleware andapplications for broadband network operators and service providers. Orca enablestriple-play providers to deliver a full array of video-over-IP services thatgenerate new revenue streams and strengthen customer loyalty. Leveraging aflexible telco-grade middleware platform, Orca empowers operators to deliverbroadcast TV, video on demand (VOD), personal video recording (PVR), home mediaand other interactive services. Orca's SI-enabled solutions are designed foreasy outsourcing of integration services by an operator's preferred systemsintegrator. Orca has formed strategic partnerships with leading players acrossthe IPTV value chain to ensure best-of-breed solutions with low total cost ofownership. For more information, please visit www.orcainteractive.com About ON Telecoms ON Telecoms S.A. has a Nationwide General Telecommunications License for Greeceand is now completing the initial phase of a fully owned metropolitan fibrenetwork in the Attica region. ON Telecoms is fully owned by ON Network HoldingsNV which is registered in the Netherlands and whose shareholders include thecompany's top management and ARGO Capital Partners Fund LTD as financialsponsor.. For more information, please visit www.ontelecoms.com ENDS This information is provided by RNS The company news service from the London Stock Exchange