Orca Interactive Ltd
18 August 2005
For immediate release: Thursday, August 18, 2005
ORCA INTERACTIVE LIMITED
Orca Wins Agreement with Leading European Broadband Operator
Orca Interactive (LSE: ORCA), a global market leader in developing applications
for IPTV, announces that it has signed an agreement to provide its IPTV
middleware to a Western European telecommunications and data transmission
carrier which is aiming to launch an IPTV service by the end of the current
year. The IPTV solution will be provided by a coalition of companies, led by a
European systems integrator.
Under the terms of the agreement, Orca will sell licenses for its RiGHTv IPTV
middleware platform to the carrier service provider. The operator has committed
to purchasing 150,000 Orca licenses over a three year period. 60,000 of these
licenses will be purchased in the current financial year. The contract is
expected to generate multi million Euro revenues to Orca over the next three
years and will contribute to this year's revenues.
Haggai Barel, CEO, Orca Interactive, said, 'I am delighted to be able to
announce this win with a significant European player. This deal has been won
through one of Europe's leading System Integrators and validates our strategy of
building partnerships with the industry's biggest and best integrators and
vendors.'
Further details on the agreement are expected to be announced in due course.
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/
This information is provided by RNS
The company news service from the London Stock Exchange
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