Orca Interactive Ltd
26 March 2007
Orca Interactive Limited
('Orca' or 'the Company')
Orca wins significant contract with ON Telecoms to enable innovative IPTV roll
out in Greece
RA'anana, Israel - 26 March, 2007 - Orca Interactive (LSE: ORCA), a global
market leader in developing middleware and applications for IPTV, announces
today that ON Telecoms, an alternative telecoms provider, is utilising Orca's
RiGHTv middleware in a pioneering Greek IPTV deployment.
Powered by Orca's latest version of RiGHTv middleware, the ON Telecoms IPTV
service includes live TV (a hybrid of DVB-T and IP channels), on-demand services
such as video on demand (VOD) and super fast broadband up to 10 Mbps. The
service uses MPEG-4 technology and can provide channels in Standard Definition
or High Definition quality.
ON Telecoms began offering its Greek IPTV solution just four months after
starting the project. This further demonstrates Orca's ability to enable
innovative operators to design their own solutions and launch successful IPTV
rollouts in a short time to market.
Commenting on the announcement, Orca Chief Executive, Haggai Barrel said: 'We
are excited to be working with ON Telecoms. They have a deep understanding of
the Greek market and have a proven track record in triple play deployments
across Europe such as FastWeb in Italy and Hansenet in Germany. Their decision
to select Orca as a key partner on this project further underlines the
efficiency, suitability and strength of Orca's RiGHTv solution.'
Explaining his decision to select Orca's RiGHTv solution, ON Telecoms Chief
Executive, Ruggero Gramatica said: 'ON Telecoms identified the potential of
Greek market for IPTV, but as an innovative startup we didn't have the luxury of
time in getting the deployment up and running. So we selected a first rate team,
of which Orca Interactive provides the core middleware management, to get us
there quickly as well as meet all of our custom requirements. With this team we
were able to offer a complete and reliable triple play package in just four
months.'
For further information please contact:
Orca Interactive
Haggai Barel
+972-9-7699444
IR@orcainteractive.com
FD
James Melville-Ross / Matt Dixon
+44 (0)20 7831 3113
Altium
Tim Richardson
+44 (0) 20 7484 4040
About Orca Interactive
Orca Interactive (LSE-ORCA) is a leading provider of IPTV middleware and
applications for broadband network operators and service providers. Orca enables
triple-play providers to deliver a full array of video-over-IP services that
generate new revenue streams and strengthen customer loyalty. Leveraging a
flexible telco-grade middleware platform, Orca empowers operators to deliver
broadcast TV, video on demand (VOD), personal video recording (PVR), home media
and other interactive services. Orca's SI-enabled solutions are designed for
easy outsourcing of integration services by an operator's preferred systems
integrator. Orca has formed strategic partnerships with leading players across
the IPTV value chain to ensure best-of-breed solutions with low total cost of
ownership. For more information, please visit www.orcainteractive.com
About ON Telecoms
ON Telecoms S.A. has a Nationwide General Telecommunications License for Greece
and is now completing the initial phase of a fully owned metropolitan fibre
network in the Attica region. ON Telecoms is fully owned by ON Network Holdings
NV which is registered in the Netherlands and whose shareholders include the
company's top management and ARGO Capital Partners Fund LTD as financial
sponsor.. For more information, please visit www.ontelecoms.com
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
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