Amino Technologies PLC Contract Win

TIDMAMO

Amino Technologies PLC

03 October 2018

AMINO TECHNOLOGIES PLC

("Amino", the "Company" or the "Group")

Amino wins 'upcycling' contract as T-Mobile Netherlands enables new TV experiences on existing base

Dutch telecoms provider takes smart, cost-effective route to upgrading TV and video entertainment across its customer base

Amino Technologies plc (LSE AIM: AMO), the global provider of media and entertainment technology solutions to network operators, has secured a new contract to deliver an 'upcycling' programme for existing customer T-Mobile Netherlands that will transform the operator's installed base of legacy TV devices to meet the expectations of today's connected consumer.

T-Mobile will deploy AminoOS software, which allows already deployed devices to be 'upcycled' to deliver an upgraded TV experience - including integration with the latest media players - while also extending the investment in an operator's installed base.

The AminoOS software also enables a smooth and low-risk transition to a new platform with minimal subscriber disruption, removing the need for expensive customer visits or replacement hardware.

T-Mobile will also benefit from a range of cloud-based remote assistance and device management capabilities- fully integrated into their own monitoring tools - to ensure consumers are given high levels of support during and after the transformation process. In addition, these tools also lower operational expenditure by helping reduce both the number and duration of customer calls.

Donald McGarva, Amino's CEO, said:

"Our 'upcycling' capabilities are a market-proven solution for operators who wish to enable all customers to benefit from next-generation TV experiences without having to replace existing set-top boxes.

"This contract demonstrates further progress against our strategic objectives and shows success in converting our solid pipeline of opportunities. T-Mobile's deployment of our AminoOS solution underlines that we can not only enable delivery of great content via a new platform but also provide the proven service assurance tools to ensure an operator can manage the customer during the migration."

Marieke Snoep CCO at T-Mobile added:

"This is an exciting time for T-Mobile and we are pleased to work with a trusted and experienced partner in Amino. The AminoOS solution allows us to cost-effectively offer all our customers a leading-edge TV service that meets their demand for advanced capabilities in a multiscreen, multidevice world."

Currently, T-Mobile provides mobile and broadband services to four million customers with over 200,000 subscribers to its T-Mobile Thuis (Home) TV service which combines both broadcast and over-the-top (OTT) feeds.

As part of the contract, T-Mobile will also deploy additional Amino Aria HEVC-enabled devices to further drive new subscriber growth.

To learn more about how Amino helps TV Operators upcycle legacy devices, you can download its upcycling e-book at aminocom.com/upcycling.

Ends

About Amino

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 http://www.aminocom.com

For further information please contact:

 
Amino Technologies plc                                         [phone] 
Donald McGarva, Chief Executive Officer 
Mark Carlisle, Chief Financial Officer 
 
finnCap Limited (NOMAD and Joint Broker)                       [phone] 
Matt Goode / Carl Holmes / Simon Hicks - (Corporate Finance) 
Tim Redfern / Richard Chambers - (ECM) 
 
 Liberum Capital Limited (Joint Broker)                         [phone] 
Cameron Duncan / Bidhi Bhoma 
 
FTI Consulting LLP (Financial communications)                  [phone] 
Jamie Ricketts / Alex Le May / Darius Alexander 
 

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October 03, 2018 02:00 ET (06:00 GMT)