Amino Technologies PLC Amino: first contract win for FUSION IoT solution
September 15 2016 - 4:00AM
RNS Non-Regulatory
TIDMAMO
Amino Technologies PLC
15 September 2016
15 September 2016
Amino Technologies Plc
("Amino" or "the Company")
Amino secures first contract win for FUSION IoT solution at
Alliance Communications
Amino, leader in hybrid TV and cloud solutions, has secured a
first contract win for its "Internet of Things"(IoT) FUSION
cloud-based home management solution with North American
fibre-to-the-home network operator Alliance Communications.
Alliance Communications provides Internet, cable TV and
telephone services to portions of South Dakota, Minnesota and Iowa
and has recently extended its fibre network reach as part of its
expansion plans.
The company will deploy FUSION Home Monitor - a simple, consumer
self-install Wi-Fi device that offers a cloud-based subscriber
management system and companion operator-branded mobile and web
applications. As part of Amino's FUSION end-to-end IoT platform, it
also offers local DVR and cloud video recording options to allow
operators to customize subscription models that best fit consumer
needs.
"We are a growing company with customers who expect high-quality
service with a local touch," said Ross Petrick, general manager for
Alliance Communications. "We anticipate FUSION Home Monitor will be
easier to use and set up than other home monitoring options we have
used and looked at in the past. Plus, the potential to use FUSION
Home Monitor in conjunction with our video service and the option
for cloud recording, and off network usage increases its value and
usability."
FUSION Home Monitor was designed from the ground up specifically
for operators - providing a converged service application that is
deeply integrated across mobile, broadband and TV services.
"I'm delighted to announce this first contract win for our
FUSION IoT solution. Whilst the monetary value of this initial
contract is relatively modest, we are pleased with the progress we
are making with the FUSION solution and this contract demonstrates
the demand for this kind of service in our marketplace. " Amino CEO
Donald McGarva said.
"At a time when operators are facing challenges with customer
churn, the ability to offer new services that will help drive ARPU
and retention is critical. Consumer demand for IoT devices and
services is forecast to grow rapidly - and both broadband and
multiplay operators can seize this opportunity to launch innovative
and value-added solutions."
Alliance Communications is a cooperative headquartered in
Garretson, S.D., and recently celebrated its 60(th) year of service
operation.
Ends
Amino Technologies PLC +44 (0)1954 234100
Donald McGarva, Chief Executive Officer
Mark Carlisle, Chief Financial Officer
finnCap Ltd (NOMAD and Joint Broker) +44 (0)20 7220 0500
Matt Goode / Carl Holmes /Simon Hicks (Corporate Finance)
Simon Johnson (Corporate Broking)
Canaccord Genuity Limited (Joint Broker and Financial Adviser) +44 (0)20 7523 8000
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FTI Consulting LLP (Financial PR) +44 (0)20 3727 1000
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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