Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Licence contract

30th Nov 2006 11:06

Amino Technologies PLC30 November 2006 FOR IMMEDIATE RELEASE 30 November 2006 AMINO TECHNOLOGIES PLC AMINO LICENSES IPTV SOLUTION TO WISTRON NEWEB CORPORATION WNC to bundle IntAct(TM) software stack with a range of IPTV STBs as part of an offering to IPTV operators Amino Technologies plc ("Amino"; stock code: AMO) announces today that its AminoCommunications subsidiary has signed a licence agreement with Wistron NeWebCorporation ("WNC") for Amino's IntAct(TM) IPTV solution. Based in Taiwan, WNC is the subsidiary of Wistron Group. It is a major originaldevice manufacturer ("ODM") supplying products to a wide range of marketsincluding satellite TV, cable TV and the communications sector. Its customersinclude many market leading product companies and tier 1 telco and satellite TVservice operators. WNC has the right to bundle the IntAct(TM) software solution with a range ofSet-Top Boxes ("STBs") to be supplied to customers across the Asia-Pacificregion and to particular tier 1 telcos in the European Union and North America.These STB products are expected to begin shipping in sample volumes towards theend of H1 2007. According to Mike Arden, Principal Analyst at ABI Research, Asia Pacific ispoised to be the biggest market with an explosion of IPTV services over the nextfew years and subscribers rising from 2 million in 2005 to over 22 million by2011. Haydn Hsieh, CEO & President of WNC, commented, "Given the market forecasts andpotential for IPTV, we wanted to enter the IPTV market quickly and in a big way.We needed to find a software partner to give us the time to market advantage weneeded and Amino's IntAct was our best option". He continued, "By licensing theIntAct IPTV software, we can provide our customers with a proven solution thatis already pre-integrated with most of the popular Middleware, ConditionalAccess and VOD servers on the market, enabling a vastly reduced time to revenues- a critical consideration in a highly competitive market". "The significance of this relationship is that tier 1 service operators can nowbuy IPTV STBs, fully integrated with Amino's market leading software, from amarket leading ODM", explained Bob Giddy, Amino's CEO." CONTACTS Amino Technologies: 01954-234100Grant Masom, Chairman www.aminocom.comBob Giddy, Chief ExecutiveStuart Darling, Finance Director Wistron NeWeb Corporation:Molly Lin, Senior Director / IR & + 886-3-666-7799 ext. 3888Marketing Center [email protected] Bankside:Steve Liebmann or Simon Bloomfield 020-7367-8888 About Wistron NeWeb Corporation Wistron NeWeb Corp. (WNC) is an industry leader in the design and manufacturingof advanced wireless communication and networking products. With strong R&Dcapabilities, WNC has consistently introduced innovative products and solutionsin the areas of Direct Broadcasting Satellite (Dish antenna/LNBF/Satellite radio/ HD radio receiver/ Set-top box), Wireless Networking (WiFi phone/IEEE 802.11 a/b/g/AP/Router/VDSL), Personal Communication (GSM/GPRS/PHS/ CDMA/Dual modehandsets) and Antenna Subsystems (Notebook, PC, DVB-T; DVB-H). WNC's mission isto offer its customers and partners superior wireless communication productsthru premium OEM/ODM design and manufacturing services. In addition, WNC alsoprovides world class logistics service and after-sales service worldwide. Formore details, please visit: http://www.wneweb.com. About Amino Amino (www.aminocom.com) is a designer and supplier of electronic systems,software and consultancy, specialising in applications for on-demand video, IPTV(telco triple-play applications) and in-home multimedia distribution. Amino'sIntAct(TM) client-side system software provides users with the twin benefits oflow cost deployment and rapid time-to-market. The key to these benefits is asoftware stack with a wide selection of pre-integrated third-party components. Amino's own range of small, low cost, high functionality set-top boxes andgateways incorporating its IntAct(TM) software is designed for consumerapplications in telecommunications and broadcast markets, as well as on-demandsystems for hotels and hospitality markets, healthcare, retail and education.Amino also provides systems consultancy and partners with world-leadingcompanies in content aggregation, middleware, conditional access and head-endsystems. This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

AMO.L
FTSE 100 Latest
Value8,465.22
Change47.88