Under the new contract, Motive will receive a license fee for each set top box manufactured by Sagemcom for Digiturk, in Turkey plus time and materials as needed for technical support and training. Sagemcom can now commence the installation of Motive technology into set-top boxes for Digiturk for commercial use on a non-exclusive basis in Turkey.
On 18 October 2010, Motive announced a contract for $1.1 million, for integrating its patented technology into Digiturk’s transmission system and Sagemcom’s set-top boxes in advance of the upcoming commercial launch. The project is currently in a soft launch and final testing status. Today's agreement means that the Digiturk project moves from design and development and final testing to preparation for full commercial launch.
Leonard M Fertig, CEO of Motive Television (AIM: MTV.LN), said,
“With 18 million television households in Turkey, and over 2.5 million Digiturk subscribers, the agreement represents a major opportunity for Motive in terms of size and potential deployment of our technology.
"It is also an important milestone, as Digiturk is the first satellite platform to use Motive’s advanced technology, and we are confident it may lead to new opportunities with other major satellite television operators.
Sagemcom is one of the world’s premier consumer electronic providers, and we look forward to this partnership creating more opportunities in the future.”
Enquiries:
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Motive Television plc Michael Pilsworth, Chairman Leonard M Fertig, CEO |
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Merchant Securities (Nominated Adviser) Simon Clements / Virginia Bull |
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XCAP Securities (Joint Broker) Jon Belliss |
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Media PR Europe Gerry Buckland | |
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US: Brainerd Communicators Chris Plunkett / Mike Smargiassi |
Notes to Editors
Motive Television provides software and services to the global television industry, enabling Television Anytime Anywhere™. Motive’s patented and proprietary technology platform responds to the heightened viewer demand for watching what they want, when they want, on whatever device they want; and is driven by the mandatory switchover from analogue to digital broadcasting as mandated by the International Telecommunication Union.
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:
Television Anytime. A technology platform that enables digital broadcasters and pay television operators to offer enhanced broadcasting services with or without the need for an Internet connection. These services, include, among others, Video-on-Demand, Catch-Up TV, Virtual Channels, Sneak Preview TV, and Targeted Advertising. Television Anytime is currently in commercial operation in Europe both in digital terrestrial (DTT) and soon in satellite (DTH) environments. Patented in Spain and patent pending in the EU.
Television Anywhere. An advanced multi-screen multi-channel technology that allows a viewer to control and watch all the content received by or recorded in their main home television equipment on any computer, mobile phone, iPad or any other Internet connected device. Television Anywhere is software-based and can be updated via software upgrades on existing STB. US patent pending.
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).
