TIDMMTV

RNS Number : 9465T

Motive Television PLC

24 July 2015

24 July 2015

Motive Television PLC

("Motive" or the "Company")

Motive Signs Extension to Digiturk Contract

To Upgrade Content Express(TM) Platform to 4K UHD

Motive Television PLC (AIM: MTV), announces today that Motive Television Services Ltd, its fully-owned subsidiary, has amended the Service Level Agreement ("SLA") with long-standing customer Digiturk (Krea Icerik Hizmetleri Ve Produksiyon Anonim Sirketi) to upgrade and extend the Content Express(TM) platform. The platform will be used by Digiturk to support the delivery of ultra-high definition content, often referred to as '4K UHD', for Digiturk subscribers that own UHD televisions.

Digiturk, the largest satellite broadcaster in Turkey with over 2.5 million subscribers, commercially launched their Motive technology enabled, on-demand services in January 2013 and has been operating the services since then.

The 4K UHD upgrade of Content Express(TM) requires increasing the speed of datacasting of programme content to a target of 15mbps, while continuing to deliver standard definition, and high definition content formats for the majority of Digiturk users. The upgrade will also deliver 4K posters and promotional material.

As a result of this addition, Motive's SLA with Digiturk will be extended through to the end of 2016. Under the SLA, the Company receives engineering development and support fees. Additionally, the licensing agreement with set-top box maker Sagemcom will be extended to incorporate royalties on set-top boxes containing Motive's 4K UHD software. Specific terms of the SLA and licensing agreement are confidential, however, the Company estimates a value to Motive of more than GBP150,000 due to the 4K UHD addition from engineering fees and licensing royalties.

Based on recently reported figures, more than 190,000 set-top boxes containing Motive's licensed technology have been shipped for use by Digiturk subscribers.

Leonard M Fertig, CEO of Motive commented, "Motive is pleased to take on the challenge of upgrading Content Express(TM) to the latest standard in home entertainment in cooperation with Digiturk, a mainstay client. Content Express(TM) first launched commercially in 2009 and the Company has continually added new features and additional patents for our datacasting technology to keep at the leading edge of the industry in the delivery of video-on-demand and added services."

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                 T: +44 20 7382 8300 
  Jon Belliss 
 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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