The order is the first stage of a wider deal and has the potential to generate sales revenues of over $750,000 in 2014. It was placed following extensive reviews and testing of PeerTV’s equipment.
The set top box developed by PeerTV is an Android based unit which enables broadcast content to be distributed via the internet and downloaded directly onto the subscriber’s existing TV screen. Recognising that broadcasting requirements and functionality will vary between competing broadcaster and Telcos, PeerTV’s system has been designed to be adaptable to the specific requirements of the service provider.
PeerTV CEO Avi Vermus comments, “This second contract win following quickly on our deal with Kartina TV shows we are now successfully breaking into our chosen market. National broadcasters and Telcos are realising that OTT is an effective and profitable platform which allows them to reach out to a huge global audience who are hungry for OTT content (http://www.peertv.com/#!
PeerTV was one of the first companies in the market to launch an Android based set top box bringing together the advantages of the Android operating system, apps and a quick and smooth user experience to enable TV or web viewing via a single unit. PeerTV has already completed a number of successful large scale field trials and is now actively pursuing commercial opportunities in both Europe and Latin America. The PeerTV package has been carefully designed to meet the unique needs of the OTT marketplace, delivering a flexible platform that can be customised both by the end user and by corporate buyers of the system. PeerTV products are expected to be bought by ISPs, ethnic TV service providers, content providers, cable operator, mobile operators, the hospitality sector, hospitals and academic institutions.
For more information on PeerTV, log on to www.peertv.com or email firstname.lastname@example.org