Tivus Summarizes National Association of Broadcasters 2011 NABShow Attendance
April 18 2011 - 1:19PM
Marketwired
Tivus, Inc. (PINKSHEETS: TIVU) today reports on its attendance at
the National Association of Broadcasters (NAB) NABShow® conference
held from April 9-14, 2011, at the Las Vegas Convention Center in
Las Vegas, Nevada.
"In addition to the conference attendance, we had discussions
with top-level representatives from major hotel and casino
properties in Las Vegas," commented Shiva Prakash, Tivus' president
and chief executive officer.
"After reviewing the plethora of IP-based content and HD IPTV
technology innovations presented, I must admit it was gratifying to
confirm our business plan is not only on the leading edge of this
burgeoning platform, but it appears we are ahead of the curve.
"Moreover, we identified new IP-based services that will provide
commercially viable, value-added features. And, as IPTV continues
to grow in popularity, we intend to continue leading the hotel IPTV
entertainment industry by identifying additional revenue streams
not possible until now by employing innovative, novel strategies
leveraging this extremely powerful new IP-based platform.
"With more than 90,000 industry professionals in attendance, the
NABShow represented $35 billion in purchasing power. NABShow events
included nine conferences and three training programs, featured
more than 500 skill-building sessions, drew media and entertainment
professionals from over 150 countries, including 1,200-plus members
of the press, and1,500-plus unique companies.
"As our current installations of the world's first Tivus HD IPTV
systems are progressing nicely, the new ideas we were exposed to at
the NABShow may very well be deployed in future hotel and casino
installations," Prakash concluded.
About National Association of Broadcasters
The National Association of Broadcasters advocates on behalf of
America's free, local radio and television stations and also
broadcast networks before Congress, the Federal Communications
Commission and the courts. For more information, please visit
www.nabshow.com.
About Tivus, Inc. Tivus, Inc. is a
technology entertainment services company providing Internet-based
TV and Cable programming, interactive game content, and goods &
services to the hotel/hospitality industry. Tivus' unique HD IPTV
system is a complete hotel entertainment platform that, for the
first time in the industry, generates previously untapped income
for the hotel through ad revenue-sharing. For more information,
please visit www.tivus.com and www.tivusconnect.com, or check us
out on www.facebook.com/tivusconnect or
www.twitter.com/tivusinc.
One of our most important responsibilities is to communicate
with shareholders in an open and direct manner. Comments are based
on current management expectations, and are considered
"forward-looking statements," generally preceded by words such as
"plans," "expects," "believes," "anticipates," or "intends." We
cannot promise future returns. Our statements reflect our best
judgment at the time they are issued, and we disclaim any
obligation to update forward-looking statements as the result of
new information or future events. We urge investors to review the
risks and uncertainties within its filings with the OTC Markets
and/or Securities and Exchange Commission.
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Media Relations: Steven Haag (832) 413-6206
stevehaag@tivus.com