Re Joint Venture

TV Commerce Holdings PLC 10 May 2005 10th May 2005 Your Destiny TV available on 3 through Requestec making it the first TV station to broadcast live to mobile phones TV Commerce Holdings (AIM:TVC), the fast-growing media and entertainment company, announces that it has entered into a joint venture with Requestec, the digital messaging software group, whereby 3 mobile phone users will be able to view Your Destiny TV (SKY 694) live on their phones. Already having access to over 7.5 million homes via Sky Digital Satellite, the new agreement using 3, the UK's fastest growing network with over three million customers, provides Your Destiny TV with a much wider potential audience. To access the channel, users simply dial 85588 and press the video call button on their phone. The live television broadcast can then be viewed and heard on any 3 compatible handset. No additional software or complicated setup is required. Thanks to 3's advanced technology, the audio/visuals are of near broadcast quality. As well as watching the live show on a mobile handset users can interact with the show by sending in text message questions, using the same 85588 code, which are answered by the top psychics either via a return text message or on the live show. Calls are charged at £1.50 per minute and revenues are shared with the network operator 3 and Requestec, which helped develop the system. TV Commerce's share is 0.60 pence per minute net. Commenting on the joint venture, TV Commerce chief executive Vince Stanzione said: 'As a relatively small broadcaster we are delighted to be the first Live channel to broadcast on mobile phones. Whilst many have been talking about TV on mobile phones we are the first to deliver. Our content is well-suited to mobile telephony. Naturally we're delighted to have entered into this agreement with 3, using Requestec's technology, and expect this extra income stream to increase our shareholder value.' Requestec's Head of Business Development, Marek Zwiefka-Sibley, added: 'Since its launch Your Destiny TV has continued to grow in popularity. Its offer is extremely attractive to phone users and we're pleased to offer a fast, cost-effective solution to Your Destiny TV. We look forward to working with TV Commerce on future mobile-to-TV and TV-to-mobile applications.' - Ends - For further information contact: Vince Stanzione, Chief Executive Tel: 01908 330 747 TV Commerce Holdings plc: Mobile: 07712 651 777 Simon Robinson/Ana Ribeiro Tel: 020 7493 3713 Parkgreen Communications Notes to editors TV Commerce Holdings plc ('TVC' or 'the Company') was set up to exploit the opportunities brought about by the convergence of television, telephony and internet technology through the development, ownership and operation of specialist television channels. It currently operates two programming formats on Sky Channel 694, details of which appear below: The Advert Channel, the first to launch, on 6 September 2004 following 12 months of development; and Your Destiny TV, launched on 1 November 2004. The television channels act as the platforms from which TVC attracts the interactive audiences who generate revenues for the Company via T-commerce(1), premium rate telephone services ('PRTS'), SMS (texts) and MMS (video/picture texts), competitions and internet transactions. Your Destiny TV Dedicated to the psychic and spiritual world, Your Destiny TV includes programmes on subjects such as psychic powers, palm reading, Tarot, meditation, feng shui and Chinese astrology. Viewers can participate in discussions and competitions via PRTS, SMS and MMS. In addition, a viewer can call or send SMS or MMS messages to obtain psychic advice, as well as sending a picture of her/ his own palm and receiving a reading by SMS. About 3 Hutchison 3G UK Limited deliver third-generation mobile multimedia and communications services under the 3 brand in the UK, offering a convergence of media, information and telephony to enable live video calls, multimedia content and entertainment while on the move. 3 services are available from sister companies in Australia, Austria, Denmark, Hong Kong, Israel, Italy and Sweden. 3 also holds UMTS licences in Ireland and Norway. For further information, please visit: www.three.co.uk or call the 3 Media Office on 0207 350 5696. Three facts about 3: 3 is the UK's first video mobile network. 3 is the UK's fastest growing mobile network. Over 3 million customers in the UK now have access to 3's range of 3G services, from video messaging and video calling to watching full-length music videos and goals from Barclays Premiership football. 3's network offers national coverage for calls and texts, and over 82% coverage for video services. About Requestec Based in London, England, Requestec is an expert in the field of digital messaging, delivering cost-effective SMS, MMS, digital TV, internet and 3G mobile solutions. From generic service provision, through to dedicated application development and hosting, the Company isat the forefront of wireless technology. -------------------------- (1) The purchase of goods and services presented for sale on television where the purchaser enters into the purchase transaction by calling a telephone number provided as part of the promotion or directly by pressing the relevant button on a remote control handset, where such interactivity is possible. This information is provided by RNS The company news service from the London Stock Exchange
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