OMAHA, Neb., Dec. 15, 2011 /PRNewswire/ -- TiVUS, Inc.
(OTCPK: TIVU) today announced, that for the first time in the
industry, it has begun inserting its own TV commercials on top
cable TV channels of the Company's satellite based proprietary
high-definition (HD) internet-protocol television (IPTV) with
ad-insertion platform.
"TiVUS' pioneering first ads began running this month,"
commented Shiva Prakash, TiVUS' chief executive officer. "Based on
this success, we believe TiVUS has forever changed the way hotels
fund, implement, and leverage in-room TV entertainment
technology.
"By fully exploiting TiVUS' innovative revenue model, we believe
we have successfully demonstrated TiVUS' unique-to-the-industry
in-room TV, which places local and national advertisers
in-front of millions of ready-to-spend consumers annually. I
anticipate future deployments of our HD IPTV with ad-insertion as
the platform begins generating its first monthly revenue shared
with the hotel.
"On the system sales front, Phil
Marriott, our executive vice-president of sales, reported to
me he is aware of several hotel properties that are are
month-to-month with legacy providers awaiting TiVUS successful
proof-of-concept.
"Significantly, we also expect to see the beginnings of
advertising revenues this month as TiVUS, Inc. now begins its
transition from a development stage to a revenue-growth stage
company," Prakash concluded.
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.wordpress.com,
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.
Media Relations:
Steven Haag
(832) 577-2380
stevehaag@tivus.com
SOURCE TiVUS, Inc.