Statement re Upgrade of Set Top Box Product

30 March 2015

PeerTV PLC

("PeerTV" or the "Company")

Upgrade of Set Top Box Product

PeerTV plc (AIM:PTV), a provider of technology solutions for the OTT (TV over the internet) market, and PCB (printed circuit board) production solutions announces that its PeerTV business has added DVB-T2 connectivity to the features of its standard set top box.

DVB-T2 is the world's most advanced digital terrestrial television (DTT) system, offering more robustness, flexibility and at least 50% more efficiency than any other DTT system. It supports SD, HD, UHD, mobile TV and any combination thereof.

PeerTV products with DVB-T2 connectivity are currently being tested by a number of potential customers interested in enabling their users to enjoy both OTT and terrestrial TV services, using just one unified box.

In addition to the DVB-T2 add on, the PeerTV set top box can stream video and audio content from IPTV channels, OTT video distribution, VOD stores, external USB hard drives and content stored on a home network.

Further enquiries:

PeerTV Plc

Eitan Yanuv, Chairman

Tel: +972 974 07315

ZAI Corporate Finance Limited

Tim Coffman / Richard Morrison

Tel: +44 20 7060 2220

Daniel Stewart & Company plc

David Coffman

Tel: +44 207 7766550