OMAHA, Neb., Nov. 18, 2011 /PRNewswire/ -- TiVUS, Inc. (OTCPK:
TIVU) today announced its agreement with a leading digital
media services company securing broadcast rights agreements for all
needed cable channels and premium content providers; and, TiVUS' HD
content is now delivered via its new private Ku-band satellite feed
of hotel HD IPTV television content. The partner's name has been
withheld for competitive reasons.
"I am pleased to announce this important technology
partnership," commented Shiva Prakash, TiVUS' chief executive
officer. "This new partnership replaces our former agreement with
EchoStar®, who announced in August it was to electively begin
shutting down its satellite-based IPTV delivery service, ViP-TV. By
the end of September, the system was completely shut-down.
"This sobering announcement came at the same time we were
nearing completion of the installation at the Host Hotel property
in Philadelphia. We were
incredibly surprised at how our partner was able to provision our
entire channel line-up in only a few weeks. By utilizing this
prestigious partner, TiVUS gained enhanced technological resources
as well; it now controls additional ad spaces adding 'gutter-ad'
capabilities, as well as more TiVUS controlled queue-tones, which
all lead to greater revenue potential."
"Our technology partner has worked with numerous middleware
systems similar to ours, which allowed for the installation time to
be significantly reduced," commented Randall Francis, TiVUS' chief technology
officer. "A typical implementation timeline would be 120 days
for such an installation like this. It took us a mere three weeks
to complete, demonstrating the powerful nature of this
partnership."
"With this agreement now in place, we are focusing our full
efforts on selling advertisements for our system. I look forward to
announcing our first advertising contracts as we gain a foothold in
the valuable advertising market in Philadelphia," concluded Mr. Prakash.
About TiVUS, Inc.
TiVUS, Inc. is a technology entertainment services company
providing Internet-based TV and Cable programming, interactive game
content, and goods & services to the hotel/hospitality
industry. TiVUS' unique HD IPTV system is a complete hotel
entertainment platform that, for the first time in the industry,
generates previously untapped income for the hotel through
ad-revenue sharing. For more information, please visit
www.tivus.com and www.tivusconnect.wordpress.com,
www.facebook.com/tivusconnect or www.twitter.com/tivusinc.
One of our most important responsibilities is to communicate
with shareholders in an open and direct manner. Comments are based
on current management expectations, and are considered
"forward-looking statements," generally preceded by words such as
"plans," "expects," "believes," "anticipates," or "intends." We
cannot promise future returns. Our statements reflect our best
judgment at the time they are issued, and we disclaim any
obligation to update forward-looking statements as the result of
new information or future events. We urge investors to review the
risks and uncertainties within its filings with the OTC Markets
and/or Securities and Exchange Commission.
Media Relations:
Steven Haag
(832) 577-2380
stevehaag@tivus.com
SOURCE TiVUS, Inc.