Tivus, Inc. Commences Corporate Operations
August 11 2010 - 9:00AM
Marketwired
Tivus, Inc. (PINKSHEETS: TIVU), a provider of turnkey entertainment
technology to the hotel and hospitality industry, following its
reverse merger last October of MaxWiFi Communications, Inc., today
announced it has commenced operations.
"After nearly one year of preparations, I am pleased to announce
commencement of operations at Tivus, Inc.," commented Shiva
Prakash, Tivus' president and chief executive officer. "Tivus is
providing the hotel/hospitality industry a completely managed,
turnkey high-definition (HD) multi-user video entertainment system
and profit center solution.
"Eighty percent of U.S. hotel rooms have older, bulky standard
resolution cathode ray tube (CRT) televisions, and upgrading the
hotel's signal from standard resolution to a high-definition
picture doesn't start and end with a new television; hoteliers must
invest in costly on-site back-end systems to decode and encrypt the
HD signal and redistribute it among several hundred televisions,
and further hire staff or outsource administration, and regularly
maintain it. The current path for hotels to upgrade and deploy HD
television entertainment systems is a costly, time-consuming
on-site technology and infrastructure makeover.
"Tivus patent-pending entertainment platform eliminates such
costly upgrades and maintenance while providing new HD flat-screen
televisions running on an integrated network providing guest
services such as messaging, folio review, express check outs,
energy management and other personalized services while providing
the core services such as Free-to-Guest programming, Pay-per-Use
premium programming, Video-On-Demand Programming, a highly secured
high speed internet service, and many other interactive services
such as gaming.
"Moreover, national and local businesses can now advertise
services directly to guests through Tivus' patent-pending
technology and easily can become a profit center.
"The Company is also currently preparing and completing its
regulatory requirements to first gain fully reporting status with
the OTC PinkĀ® Markets, and then expects to apply for up-listing to
the OTC Bulletin BoardĀ® exchange before year's end," Prakash
concluded.
About Tivus, Inc. Tivus, Inc. is a
technology entertainment services company that provides TV and
Cable programming, interactive game content, and goods &
services to hotel/hospitality industry. Tivus not only provides its
customers a turnkey entertainment solution for its guests, for the
first time, the hotel's entertainment system will be a multifaceted
platform in which to generate previously untapped revenues through
commercial spots, advertisements of local tourist services, and
hotel promotions, etc. For more information, please visit
www.tivus.com.
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on current management expectations, and are considered
"forward-looking statements," generally preceded by words such as
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result of new information or future events. Adino Energy
Corporation urges investors to review the risks and uncertainties
contained within its filings with the Securities and Exchange
Commission.
Media Relations: TIVUS, INC. Steven Haag Houston, TX
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