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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Vividas | LSE:VDS | London | Ordinary Share | GB00B04NK713 | 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% | 3.25 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:9770P Vividas Group plc 13 March 2008 VDS VIVIDAS GROUP PLC ("Vividas") Rip Curl engages Vividas to stream international surfing event from Australia www.vividas.com Internet streaming company, Vividas, has signed an agreement with surf company, Rip Curl Pty. Ltd, to stream the high profile Rip Curl Pro surfing event to sporting fans all over the world. The deal is part of an evaluation licence agreement between the companies which will translate into a minimum annual revenue contract of AU$90,000 for Vividas, providing success criteria are met. With the audience for the event forecast to be in excess of 500,000 viewers, Vividas believes that the contact will validate the scalability of the Vividas Live streaming technology and that the company will be very well positioned to sign similar contracts within the surfing industry and for other live sports events. Vividas, named because its streamed image is "as vivid as", can deliver video content via the internet in previously unachievable quality - without the need for downloads, without firewall issues and in high definition quality. The Rip Curl Pro, which happens at Australia's famous Bells Beach from 18-29 March, is part of the international surfing circuit and organisers expect a high demand for the content, which will be streamed live and on-demand, free and in full screen quality. Surfing action, commentary and interviews will be streamed from www.ripcurl.com. According to Neil Ridgway, Rip Curl's Group Advertising and Marketing Chairman, the technology will take the event, the second on the International Association of Surfing Professionals ("ASP") calendar, to a new level globally. Commenting further, Neil Ridgway said, "The Vividas technology means that this year, for the first time, viewers will have instant access to the Rip Curl Pro surfing stream - regardless of their time zone. If viewers are unable to watch as it happens, then the Vividas technology allows viewers to turn it into an on-demand experience immediately, jumping from live to highlights, following their favourite surfers." "The other huge advantage of Vividas is its quality. It means we can offer the best quality cover of an ASP World Tour event ever. It's great to see two companies with a rich history in technology form a partnership like this one." According to Paul Neville, CEO, Vividas Group plc, the Rip Curl Pro is a perfect opportunity for Vividas to showcase its live streaming capabilities. Paul Neville said, "The business community has embraced the technology for corporate communications and it's great to see the technology now being used for streaming another major sporting event. Because of the unlimited scalability of Vividas's technology, the stream is unaffected by the number of viewers, contrasting with traditional streaming technologies and making it perfect for major sports event with a virtually unlimited number of viewers." "The Rip Curl deal is representative of the type and size of arrangement to which the Vividas technology is ideally suited. This builds on the Fox Soccer arrangement, in which UK football league matches are streamed at the highest quality to audiences in the US. We expect this event to attract larger global audiences and to validate the unique scalability and quality of our technology. "As the market for live events grows, we will be able to use the success of this event to build our market. Contracts like these are a great example of the value the technology can deliver to clients' shareholders". Enquires: Vividas Group plc Paul Neville, Chief Executive Officer Tel: +44 (0)20 7189 5532 Greg Minns, Finance Director www.vividas.com HB Corporate Imran Ahmad Tel: +44 (0)20 7510 8600 Biddicks Katie Tzouliadis / Sophie Lane Tel: +44 (0)20 7448 1000 Rip Curl Dane Sharp Tel: +61 (0)439 300 39 Email:dsharp@ripcurl.com.au About Vividas Vividas Group plc is a developer and provider of video technologies, which enable full screen, high quality video via the internet or corporate networks without requiring previously installed software. Vividas proprietary technology overcomes the disadvantages of competing solutions that typically offer only partial screen, or poor quality full screen, viewing and generally require the user either to have or to install specialist player software. For more information visit www.vividas.com About Rip Curl Rip Curl is the ultimate surfing company. After starting in the sleepy surf town of Torquay, Australia in the late 1960s, Rip Curl eventually increased its surf product manufacturing from surfboards and wetsuits, to everything it's stores around the world stock today. The Rip Curl Pro was Australia's first professional surfing contest and Rip Curl has been the naming sponsor for every year since. For more information visit www.ripcurl.com This information is provided by RNS The company news service from the London Stock Exchange END AGRILFSRVAIFLIT
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