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AMO Amino Technologies Plc

165.50
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Amino Technologies Plc LSE:AMO London Ordinary Share GB00B013SN63 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 165.50 163.00 168.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Amino Technologies PLC German Contract Win

18/09/2017 7:01am

RNS Non-Regulatory


TIDMAMO

Amino Technologies PLC

18 September 2017

18 September 2017

Amino Technologies plc

("Amino" or "the Company")

German Contract Win

Deutsche Glasfaser selects Amino for next wave of DGTV deployments

Amino supports strong future roadmap with fully featured software stack and hardware support

Amino Technologies plc (LSE AIM: AMO), the global provider of digital TV entertainment and cloud solutions to network operators, announces that it has been chosen by Deutsche Glasfaser, the largest provider of fibre-to-the-home (FTTH) networks in Germany, to support the second phase rollout of its next-generation TV platform.

Deutsche Glasfaser, which provides greenfield FTTH services across Germany, is working with Amino to support the next stage of the deployment of its end-to-end TV platform, DGTV. Following an initial launch of the platform in 2014, Deutsche Glasfaser has selected Amino to complement its existing platform, which is deployed as part of its triple-play bundle offering, and also as a white-labelled offering to wholesale customers, including ISPs and cable operators.

As part of the deployment, Amino will provide Deutsche Glasfaser with next-generation hardware capabilities via the Amino VIEW Aria 6 device, while addressing the sophisticated consumer demands from Deutsche Glasfaser subscribers by implementing Amino ENABLE software as part of the supporting software stack. Launched earlier this year, the new Amino ENABLE 'transformation software layer' provides Deutsche Glasfaser a cost-effective way to provide state-of-the-art services across its entire customer base.

The integrated Amino solution was chosen due to a number of defining features:

-- A fully featured software stack: A clearly defined end-to-end solution with ease of deployment

-- First class support: Allowing the flexibility to develop and release new features in line with Deutsche Glasfaser's overall strategy roadmap

-- Pre-integrated solutions: Embedded with best in class third-party ecosystems and premium OTT applications to provide next-generation services to subscribers

Amino Chief Executive Officer Donald McGarva said: "We are delighted to be have been chosen by Deutsche Glasfaser for this exciting project. As customers demand more and more from their TV platforms, whether it's advanced apps, SVOD services, OTT multiscreen UX, UHD video or Android capabilities, operators need to ensure that they are able to do this with ease, and have flexible enough infrastructure to continue to deploy new services at the same rate customers begin to expect them."

Uwe Nickl, Managing Director, Deutsche Glasfaser, added: "By combining Amino's experience in hardware with the agility afforded from its virtualisation technology ENABLE, we've been able to deliver the best possible quality experience to our customers quickly, but also provide the scope and flexibility to deploy new services with ease in the future."

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 Joint Broker)                               +44 (0)20 7220 0500 
Matt Goode / Carl Holmes / Simon Hicks (Corporate Finance) 
 Simon Johnson / Tim Redfern (Corporate Broking) 
 
 
  Canaccord Genuity Limited (Joint Broker and Financial Adviser)     +44 (0)20 7523 8000 
Simon Bridges / Emma Gabriel 
 
 
  FTI Consulting LLP (Financial PR)                                  +44 (0)20 3727 1000 
Chris Lane / Alex Le May / Darius Alexander 
 

- ENDS -

About Deutsche Glasfaser

The Deutsche Glasfaser group, headquartered in Borken (Northrhine-Westfalia) plans, builds

and operates open, non-discriminatory end-to-end fiber-optical networks for private

households and companies. Deutsche Glasfaser has pioneered state-of-the-art FTTH networks

in rural areas through innovative planning and construction methods. As a private and strong

investor, Deutsche Glasfaser is an independent and cooperative partner of the municipalities

throughout Germany.

Deutsche Glasfaser originates in the Dutch Reggeborgh Group. Since mid-2015, the company

has been operating under the majority interest of the internationally active investor KKR.

Around 1.5 billion euros of capital is available for further expansion with the provision of 1

million households and companies.

About Amino

Amino Communications is a global leader in innovative IP/Cloud video software and device solutions that enable service providers to transform the consumer experience. As pioneers of IPTV and with over seven million devices sold worldwide, Amino has a proven track record for rock-solid reliability, innovation and best-in-class customer care. Over 1,000 of the world's leading service providers, across 100 countries have relied on Amino to provide a seamless delivery of rich entertainment experiences. We pride ourselves in providing award-winning solutions that enable the delivery of innovative services to enrich the lives of connected consumers.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRAZMGMLDKNGNZM

(END) Dow Jones Newswires

September 18, 2017 02:01 ET (06:01 GMT)

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