TIDMMTV

RNS Number : 5347J

Motive Television PLC

08 April 2015

8 April 2015

Motive Television PLC

("Motive" or the "Company")

First Bring Your Own Device Maritime Contract Signed with Aegean Speed Lines

Initiating First Commercial Use of Motive/Twin Peak Video Platform

Motive Television PLC (AIM: MTV), the technology provider to broadcasters and pay television operators, is pleased to announce that Twin Peak S.A. has signed a one-year renewable commercial contract for the Motive/Twin Peak video solution with Aegean Speed Lines S.A., provider of ferry services among Athens and the Cyclades.

Initial services will begin shortly on the ferry Speedrunner IV with a capacity of approximately 800 passengers and 160 cars, followed by installation and commercial launch on Speedrunner III with the same configuration. Ferry journeys between Athens and the islands range from 2.5 to 6.5 hours depending upon the destination, and each ship completes one round trip per day based on the published schedules.

On 24 March 2015, the Company announced the commencement of testing of the BYOD services on the Aegean ships as well as another ferry line that serves points in Greece and Italy. Agreements with the second ferry line are in discussion.

Under Motive's agreement with Twin Peak signed in August 2014, Motive and Twin Peak will each receive half the net revenues after content costs. The revenue to Motive will depend upon the number of users of the service, however, in the case of Speedrunner III and IV, this might generate EUR3,500 to EUR4,500 per month per ship for Motive.

Leonard M Fertig, CEO of Motive, commented, "The Aegean contract is the first evidence of what the Company anticipates will be a growing and very successful business for Motive based on the maritime commercialization of our technology. When we consider the thousands of ferries, cruise ships, commercial ships, and yachts in operation, the Company can look forward to developing a global maritime BYOD business with great value to Motive."

Enquiries

 
 Motive Television plc               T: +44 20 7025 8425 
  Michael Pilsworth, Chairman 
  Leonard M Fertig, CEO 
 Sanlam Securities UK (Nominated     T: +44 20 7628 2200 
  Adviser) 
  Simon Clements / James Thomas 
 Beaufort Securities (Broker)        T: +44 20 7382 8300 
  Elliot Hance 
 Newgate Communications              T: +44 20 7680 6559 
  Jason Nisse/Andre Hamlyn 
 
  Media PR Europe                     T: +44 7774 860011 
  Gerry Buckland 
 
  Brainerd Communicators              T: +1 212 986 6667 
  Chris Plunkett / Mike Smargiassi

Notes to Editors

Motive Television provides broadcasters and pay television operators with enabling technology that provides opportunities to deliver highly valued services to viewers that generate additional income and retain existing subscribers, comprising:

Content Express(TM)

Today's television viewers are demanding the ability to watch whatever they want when they want it on any screen, and Motive's Content Express(TM) makes that possible without having to build new networks. Content Express(TM) software provides secure delivery and management of non-linear digital content across any type of broadcast network to any consumer-facing screen or device. Motive has deployed it in both single and hybrid distribution systems that combine broadband access with traditional distribution for an optimal solution.

Motive's Content Express(TM) solutions platform provides a one-stop shop for digital terrestrial broadcasters, satellite, DTT cable pay television platforms, and Internet OTT content providers to offer new services including: Video on Demand (VOD and SVOD), Catch-up television, Tablet Television, Targeted advertising for VOD, Mocast for 4G LTE, Virtual channels and Video2Go.

Tablet TV

With a proprietary app and T-Pod antenna-tuner, tablet owners around the globe can watch and record all the programming currently broadcast over digital terrestrial channels. Additionally, Tablet TV subscribers have the ability to download a selection of video-on-demand movies and programmes without the need for Internet access and, when they are connected, use integrated social networking and access anything available over the Internet.

Motive's content division is:

Motive Television Limited, a Dublin-based award-winning independent production company that produces factual programmes for Irish broadcasters. It specializes in live sports production and sports documentaries and also produces factual and entertainment series.

Motive Television was founded in London in 2005 and its shares are quoted on the London Stock Exchange (AIM).

http://www.motivetelevision.co.uk

This information is provided by RNS

The company news service from the London Stock Exchange

END

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