Re Agreement
Orca Interactive Ltd
07 June 2005
For immediate release: Tuesday, June 7, 2005
ORCA INTERACTIVE LIMITED
Orca signs strategic agreement with Lucent Technologies
Lucent also commits to significant pre-purchase of licenses
Orca Interactive (LSE: ORCA), a global market leader in developing applications
for IPTV, announces that it has signed an agreement to develop and deliver
next-generation IPTV solutions with Lucent Technologies (NYSE: LU), the
worldwide provider of systems, software and services to next-generation
communications networks.
Under the agreement, Lucent has integrated Orca's RiGHTv IPTV middleware
platform into its network infrastructure solutions for the delivery of video
applications. The two companies are collaborating to develop a market-ready
solution designed to help telecoms service providers to deliver cost-effective,
mass market Internet Protocol Television (IPTV) services and next-generation
multimedia services at any time on any device. Under the multi-year agreement
the companies are also collaborating on joint developments to enhance service
providers' ability to address the quality and control issues associated with
deploying IPTV.
As part of the agreement, Lucent has committed to a multi million dollar license
purchase for Orca's RIGHTv middleware solution.
'Lucent is an excellent partner with which Orca can attack the IP Video market
and deliver new technologies that bring better service control to the operator,
reduce the total cost of ownership and allow operators to stay ahead of the IPTV
innovation curve,' said Haggai Barel, CEO, Orca Interactive. 'We are pleased
with the interest already shown in our joint solution and look forward to
working alongside Lucent to accelerate the deployments of our IP Video
services.'
'When Lucent combines our expertise with Orca's RiGHTv middleware platform, we
give our customers the best IPTV delivery solution today, and lay the foundation
for deploying advanced multimedia services in the future,' said Rob Piconi, vice
president and general manager, Broadband Solutions, Lucent Technologies.
For further information:
Haggai Barel +972 9769 9400
CEO, Orca Interactive
James Melville-Ross / Cass Helstrip +44 20 7831 3113
Financial Dynamics
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 attractive 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 compelling 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
http://www.orcainteractive.com/
About Lucent Technologies
Lucent Technologies designs and delivers the systems, services and software that
drive next-generation communications networks. Backed by Bell Labs research and
development, Lucent uses its strengths in mobility, optical, software, data and
voice networking technologies, as well as services, to create new
revenue-generating opportunities for its customers, while enabling them to
quickly deploy and better manage their networks. Lucent's customer base includes
communications service providers, governments and enterprises worldwide. For
more information on Lucent Technologies, which has headquarters in Murray Hill,
N.J., USA, visit http://www.lucent.com.
This information is provided by RNS
The company news service from the London Stock Exchange