Amino Technologies PLC
28 November 2005
FOR IMMEDIATE RELEASE 28 November 2005
AMINO TECHNOLOGIES PLC
MAJOR LICENCE AGREEMENT SIGNED
Amino Technologies plc ('Amino' or 'the Company'; stock code: AMO), the
Cambridge based broadband network software and systems company, announces that
it has signed a major licence agreement with AS Intercom Ltd ('Intercom'), a
company incorporated in Cyprus but with principal operations within the Russian
Federation.
The licence agreement allows Intercom to manufacture and supply AmiNET MPEG2 and
MPEG4 IPTV set top boxes within the Russian Federation, Kazakhstan and the
Ukraine. A measure of the potential size of this market is the number of
telephone subscribers which exceeds 30 million.
Intercom has agreed to pay a significant licence fee and royalties in respect of
Amino's IntAct(TM) IPTV software technologies and hardware designs. The licence
agreement is for a minimum of 5 years. Whilst the commercial terms are
confidential, the royalty rates for both software and hardware are in line with
the Company's expectations.
Grant Masom, Amino's Chairman said: 'We are pleased to have signed our first
major licensing agreement, demonstrating Amino's ability to be both a market
leading supplier of IPTV set top boxes under its own brand and to address a
wider market through licensing its technologies to other set top box
manufactures and suppliers.'
About AS IntercomTV
AS Intercom TV (www.intercomtv.com) is an IPTV solutions integrator, partnering
with world-leading developers and suppliers of customer-premises products and
software technologies for IPTV market (Amino), head-end systems (Anevia) and
Conditional Access systems (Irdeto).
Intercom develops and implements integrated solutions for content operators,
adapting old broadcasting methods to new ways of content delivery over IP
networks and enabling provision of variety of new on-demand services by
operators.
Intercom TV develops its own software technology (middleware) for IPTV, the ITV
Manager, which includes client's interface and monitoring, billing and control
systems for services provision.
Intercom TV based in Limassol, Cyprus and has offices in Moscow and Samara,
Russian Federation.
About Amino
Amino (www.aminocom.com) is a designer and supplier of electronic systems,
software and consultancy, specialising in applications for on-demand video, IPTV
(telco triple-play applications) and in-home multimedia distribution. Amino's
IntAct(TM) client-side system software provides users with the twin benefits of
low cost deployment and rapid time-to-market. The key to these benefits is a
software stack with a wide selection of pre-integrated third-party components.
Amino's own range of small, low cost, high functionality set-top boxes and
gateways incorporating its IntAct(TM) software is designed for consumer
applications in telecommunications and broadcast markets, as well as on-demand
systems for hotels and hospitality markets, healthcare, retail and education.
Amino also provides systems consultancy and partners with world-leading
companies in content aggregation, middleware, conditional access and head-end
systems.
CONTACTS
Amino Technologies: 01954-234100
Grant Masom, Chairman www.aminocom.com
Bob Giddy, Chief Executive
Stuart Darling, Finance Director
Bankside:
Steve Liebmann or Susan Scott 020-7367-8883 or 07802-888159
This information is provided by RNS
The company news service from the London Stock Exchange
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