OpenTV Licenses OpenTV Participate Solution to Active Loop Television
April 16 2007 - 10:00AM
PR Newswire (US)
SAN FRANCISCO, April 16 /PRNewswire-FirstCall/ -- OpenTV Corp.
(NASDAQ:OPTV), a leading provider of solutions for the delivery of
advanced television and cross platform interactive services, today
announced a multi- year licensing agreement for its OpenTV
Participate(TM) system with Active Loop Television, a Norwegian
company specializing in ready-to-use interactive television and
participation TV formats. OpenTV Participate will serve as the
central interactive TV business management system for Active Loop
Television, which provides more than 2,500 hours of programming in
13 countries every month. OpenTV Participate will enable
participation TV format creation and competition management and
will also provide extensive analysis and reporting tools for Active
Loop TV. The system will also be integrated with Active Loop TV's
scheduling tools, their Vizrt computer graphics systems, and
multiple local mobile aggregators servicing their multinational
business. Active Loop Television, whose formats are designed to
provide new revenue streams to broadcasters, has pioneered several
interactive TV formats, all of which will be powered by OpenTV
Participate modules with interaction via SMS, MMS, IVR, and the
web. Active Loop TV, which has created several unique,
user-generated content formats, will also benefit from OpenTV
Participate's new cross-platform multimedia messaging module which
can track, moderate, and display live text, picture, and video
messages from mobile phones and web sites. OpenTV has also
committed to a long-term development program with Active Loop TV
whereby new Active Loop formats will be closely linked with the
OpenTV Participate product roadmap. "As a growing company with a
growing customer base, we came to the conclusion that we needed a
flexible, unified platform that could support the multiple channels
and formats we want to provide our customers," said Nikolai
Fasting, CEO of Active Loop Television. "OpenTV Participate enables
us to speed our production process, save development costs, and
offer more flexible and more varied interactive TV show formats
while avoiding having several platforms that would ultimately
become unmanageable. We are delighted to have found such a robust
platform and partner in OpenTV for our business." "OpenTV
Participate is the logical choice for supporting Active Loop's
innovative business," said Ben Bennett, OpenTV's Senior Vice
President and Managing Director, EMEA. "We look forward to
providing the launch pad for their interactive programming." About
OpenTV OpenTV is one of the world's leading providers of solutions
for the delivery of digital and interactive television. The
company's software has been integrated in over 81 million digital
set-top boxes and digital televisions around the world. The
software enables enhanced program guides, video-on-demand, personal
video recording, enhanced television, interactive shopping,
interactive and addressable advertising, games and gaming and a
variety of consumer care and communication applications. For more
information, please visit http://www.opentv.com/. About Active Loop
Television Active Loop Television is global supplier of mobile
driven interactive broadcast TV, with an extensive and growing
portfolio of ready to use interactive television formats delivered
on a market leading end-to-end technological platform. Active Loop
Television delivers cost effective/viewer generated TV content,
turns viewers into loyal customers of the TV program and adds new
revenue streams to broadcasters world wide by turning the mobile
phone into a two way response terminal. Active Loop Television is a
privately held company headquartered in Oslo, Norway, with
representation in Dubai, Toronto, Los Angeles, Kiev, Dusseldorf and
London. Learn more on http://www.active-loop.com/. DATASOURCE:
OpenTV Corp. CONTACT: Barbara Cassidy of OpenTV, +1 415 962 5111,
or ; or Lisa Ruiz Rogers of Manning, Selvage & Lee, +1 323 866
6059, or Web site: http://www.opentv.com/
http://www.active-loop.com/
Copyright
Opentv (NASDAQ:OPTV)
Historical Stock Chart
From Sep 2024 to Oct 2024
Opentv (NASDAQ:OPTV)
Historical Stock Chart
From Oct 2023 to Oct 2024