Software Licensing Contract With PCCW Media

RNS Number : 2290H

Amino Technologies PLC

16 August 2016

 

16 August 2016

Amino Technologies Plc

("Amino" or "the Company")

AMINO SECURES SOFTWARE LICENSING CONTRACT WITH PCCW MEDIA

Amino software to support innovative "all-in-one" 4K UHD experience to Hong Kong customers

Amino has secured a software licensing contract to provide its Enable™ TV device software to PCCW Media, a leading, fully integrated multimedia and entertainment group in Hong Kong, to support its drive to deliver new 4K UHD experiences via a new service of its Now TV.

PCCW Media has launched the new "Now One" integrated 4K UHD all-in-one set-top box, to provide a single source for home entertainment, apps and recording.

PCCW Media will utilise Enable in the Now One, allowing them to exploit the advanced features of their new 4K offering and support Apps for information and customer support.

Now One provides consumers with new levels of entertainment and functionality delivered via Now TV (IPTV), digital terrestrial TV (DTT), Over-the-top (OTT) - including 4K content on its Netflix service - and personal video recording (PVR).

During the year, PCCW Media will roll out a range of 4K content to complement its broad offering which encompasses exclusive sports content, Netflix's 4K titles, and other variety shows, drama series and documentary features.

Belinda Chan, SVP of Technology and Operations, PCCW Media, said:

"As the largest pay-TV and a leading OTT service provider in Hong Kong, Now TV understands customer needs and continually innovates to meet customers' different viewing habits. Now One, the centerpiece of home entertainment comprising all features in one appliance, necessitates an advanced, robust and flexible software platform to realize our vision and mission. 

"Amino's Enable TV and its professional development team provide strong support to PCCW Media, creating a unique and powerful platform for today and future service innovations. For instance, on top of Enable TV software, PCCW Media is integrating our next generation user interface (UX3) empowering customers to access rich content offerings with greater ease."

Amino CEO Donald McGarva said:

"This exciting new software licensing contract underlines the breadth and depth of the entertainment delivery solutions that we can now offer customers under the Amino brand. PCCW Media is one of the most advanced and sophisticated service providers in the world and we're delighted to be supporting them as they deliver this market leading and innovative service to their customers.

"We have worked very closely with PCCW Media to develop a common, robust and scalable platform that combines hybrid TV, IPTV, Android apps and key customer support functionality."

The information communicated in this announcement is inside information for the purposes of Article 7 of Market Abuse Regulation No. 596/2014.

Ends

Amino Technologies PLC	[phone]
Donald McGarva, Chief Executive Officer Julian Sanders, Interim Chief Financial Officer
finnCap Limited (NOMAD and Joint Broker)	[phone]
Matt Goode / Carl Holmes / Simon Hicks (Corporate Finance) Simon Johnson - (Corporate Broking) Canaccord Genuity Limited (Joint Broker and Financial Adviser) Simon Bridges / James Craven / Emma Gabriel	[phone]
FTI Consulting LLP	[phone]
Chris Lane / Alex Le May / Darius Alexander

 

END

 

 

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