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Maritime Platform Ready to Implement

23 Dec 2014 07:00

RNS Number : 5197A
Motive Television PLC
23 December 2014
 

 

 23 December 2014

 

 

Motive Television PLC

("Motive" or the "Company")

 

Content Express™ Maritime Platform Ready to Implement

 

Live TV Channels and Video on Demand for Ships at Sea

 

 

 

On 27 August 2014, Motive Television PLC (AIM: MTV), the technology provider to broadcasters and pay television operators, announced that its 100% owned subsidiary, Motive Television Services Limited signed an Agreement with Twin Peak S.A of Athens, Greece (Twin Peak) to develop its proprietary Content Express™ technology for deployment in the global Maritime industry.

 

The Company is pleased to announce today that Motive has completed the development and testing of this new platform at our engineering centres in Barcelona and Casablanca, and the product is scheduled for an initial deployment on ferries in Greece during Q1 2015.

 

Integrated with Twin Peak's VoDo technology, the new Motive platform will provide television channels, video-on-demand (VOD) movies and TV content to the rapidly growing demand for BYOD (bring-your-own-device) on commercial ships, private yachts, oil rigs, ferries, and cruise ships worldwide. It will have the advantage of providing television to the television and mobile devices through a single server with a satellite feed at a significantly lower cost than other solutions currently on the market.

 

The agreement with Twin Peak S.A. contains a share of net revenues for Motive with a minimum guarantee in the first twelve months, subject to certain cumulative income benchmarks being achieved.

 

Leonard M Fertig, CEO of Motive, commented, "The completion of this new application of Content Express™ and its extension to the maritime market opens up a huge global opportunity for Motive. We are excited to see the first deployment about six months after starting the project."

 

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/Heather Armstrong

 

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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