AminoOS and 24i combine to deliver MOBITV service
30 July 2019
AMINO TECHNOLOGIES PLC
("Amino", the "Company" or the "Group")
AminoOS and 24i combine to deliver MOBITV service on upcycled legacy devices
Amino Technologies plc (LSE AIM: AMO), the technology provider for modern TV experiences, has announced a collaboration to deliver the leading app-based Pay TV video streaming platform, MOBITV, on upcycled legacy devices.
The solution is expected to be commercially available in Q4 2019 for the US marketplace.
AminoOS already integrates with leading online video providers and middleware solutions in the US including Tivo, Espial and Minerva, and now adds MOBITV to its pre-integrated solution portfolio.
Amino will be able to upcycle thousands of devices already deployed in the US using AminoOS Enable and 24i's SmartOPERATOR TV app. Operators will therefore be able to cost-effectively adapt to market demand for services that deliver linear channels and streaming content to multiple screens in the home or on the go.
Donald McGarva, Amino Chief Executive Officer, said:
"The collaboration between AminoOS and 24i is a good example of how the combination of Amino and 24i's product portfolio delivers cost effective solutions to our customers. By enabling operators to offer exciting next generation services such as MOBITV with a relatively modest additional investment, we are extending the life of installed devices. This represents a highly significant CAPEX benefit for our customers."
For further information please contact:
Amino Technologies PLC
+44 (0)1954 234100
Donald McGarva, Chief Executive Officer
Mark Carlisle, Chief Financial Officer
| || |
finnCap Ltd (NOMAD and Broker)
+44 (0)20 7220 0500
Matt Goode / Carl Holmes / Simon Hicks (Corporate Finance)
Tim Redfern / Richard Chambers (Equity Capital Markets)
| || |
FTI Consulting (Financial communications)
+44 (0)20 3727 1000
Jamie Ricketts / Alex Le May / Chris Birt
About Amino Technologies plc
Amino is a global leader in media and entertainment technology solutions and an IPTV pioneer, working with over 250 operators in 100-plus countries. Drawing on more than 20 years' experience delivering IP/cloud innovation, Amino enables operators to meet the challenges they face as broadcast TV and online video moves to an all-IP future with managed over-the-top (OTT) offerings. We are expert in software, hardware and cloud implementation - able to deploy our own leading-edge technologies and integrate these with third-party and 'upcycled' legacy systems. At the forefront of the evolution of TV Everywhere, Amino helps operators to provide the features and functionality modern consumers are looking for in a multiscreen, multi-device entertainment world.
Having deployed over 10 million customer premise devices and the software necessary to link the back end to the user interface, we understand the issues operators face. We partner with operators to deliver end-to-end, operator-ready solutions that enable next-generation customer experiences. We 'upcycle' existing infrastructure to support more advanced services and integrate seamlessly with new technologies to form a unified ecosystem. The result is a fresh consumer offering based on a consistent user experience across all screens, building brand reputation, stemming churn, growing subscribers and increasing average revenue per user (ARPU).
Amino Communications is a wholly-owned subsidiary of Amino Technologies PLC and listed on the London Stock Exchange Alternative Investment Market (AIM: symbol AMO), with headquarters in Cambridge, United Kingdom, and global offices in California, Finland, Hong Kong and Portugal. For more details, visit www.Aminocom.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
Quick facts: Amino Technologies
Market Cap: £88.96 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE