Motive Television PLC Second BYOD Ferry Contract Agreed with Attica (0734M)
May 05 2015 - 2:01AM
UK Regulatory
TIDMMTV
RNS Number : 0734M
Motive Television PLC
05 May 2015
5 May 2015
Motive Television PLC
("Motive" or the "Company")
Second BYOD Ferry Contract Agreed with Attica Group
Covers deployment on 12 Ships carrying over 4 million passengers
annually
Motive Television PLC (AIM: MTV), the technology provider to
broadcasters and pay television operators, is pleased to announce
that Twin Peak S.A. (Twin Peak) has agreed to a one-year renewable
commercial contract for the Motive/Twin Peak video solution with
Attica Group (Attica Holdings S.A.) of Athens Greece, provider of
ferry services from Greece to Italy and the Greek islands.
Attica Group (ATTICA: Athens Stock Exchange) operates Superfast
Ferries and Blue Star Ferries in the Adriatic and Greek Domestic
Sea. Four Superfast Ferries serve routes between and among Venice,
Ancona, and Bari in Italy and Corfu, Igoumenitsa, Patras, and
Athens. Eight Blue Star Ferries provide service between and among
Athens (Piraeus), Crete, and the Greek Islands. Attica Group
reported carrying 4.13 million passengers on these operations in
calendar year 2014.
The agreement with Twin Peak covers deployment on all Attica
Group ferries with BYOD services planned to begin 15 May 2015. On
24 March 2015, the Company announced the commencement of testing of
the BYOD services on the Attica Group ships without identifying
them as the client.
The revenue to Motive from this contract will depend upon the
number of passengers buying the service, however, in the case of
the 12 Superfast and Blue Star ferries, a conservative forecast for
Motive might be in the annual range of EUR600 thousand to EUR800
thousand (GBP440,000 to GBP588,000) per year.
Leonard M Fertig, CEO of Motive commented, "Motive's second BYOD
customer, with 4 million passengers, gives our business critical
mass and should help advance our ongoing discussions with other
ferry and maritime prospects. The BYOD solution is unique, highly
efficient, and is receiving much interest among the ship operating
and communications community worldwide. It is a highly scalable
business for Motive and we expect more opportunities in the
future."
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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