OMAHA, Neb., Aug. 15, 2011 /PRNewswire/ -- TiVUS, Inc. (PK:
TIVU), today provided a summary of its shareholder conference call
hosted on Thursday, August 11, 2011,
by Shiva Prakash, CEO, and Phil
Marriott, EVP of sales.
(Logo:
http://photos.prnewswire.com/prnh/20110815/DA52068LOGO)
The call's breakthrough announcement that TiVUS' MOU with Host
Hotels & Resorts is producing its first multi-million dollar HD
IPTV contract four months earlier than expected was the highpoint
of Thursday's call. TiVUS reported specific details of the new
five-year contract would soon be forthcoming.
"I was delighted to have been surrounded by our friends and
shareholders as EVP Phil Marriott and I shared news of Host's
unexpectedly welcome decision to execute its contract option for
our Philadelphia HD IPTV installation -- four months early,"
commented Shiva Prakash, TiVUS' president and chief executive
officer.
"In addition, I'd like to express my many thanks to Mr.
Doug Marriott who sits on TiVUS'
Industry Advisory Board; his tireless efforts advising me these
two-plus years ensured we brought our shared dream to fruition -- a
hospitality advertising company delivering sustainable profits
through free-to-guest channel ad-insertions, allowing all
content-selection decisions to be made entirely by the property as
a standard feature, in a purely IP-based HDTV environment.
"Moreover, since coming on-line at the downtown Philadelphia
Host property earlier this year, its staff reports maintenance
calls and guest complaints are proving nearly non-existent. TiVUS
HD IPTV has demonstrated it delivers unprecedented value and
peace-of-mind," Prakash concluded.
The Company also updated shareholders on it sales initiatives
and future contract prospects, as well as corporate progress on the
Company's two-year audit now underway. TiVUS plans to soon achieve
fully reporting status and qualify the Company for up-listing to a
higher, SEC-regulated exchange.
Playback of the call is now available at +1 (605)
477-2199; enter passcode 1057879# when prompted to
listen to a full replay of the call.
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.TiVUS connect.com, or check us out on Facebook.com/TiVUS
Connect or on Twitter @TiVUS Inc.
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.
Investor Relations:
Steven Haag
(832) 413-6206
stevehaag@TiVUS.com
SOURCE TiVUS, Inc.