New Product Launch
April 25 2008 - 3:02AM
UK Regulatory
RNS Number:0997T
Vividas Group plc
25 April 2008
VDS
VIVIDAS GROUP PLC
("Vividas")
Announces Major Product Launch
Vividas, the developer and provider of market leading video streaming
technologies, is delighted to announce the launch of VivStreamTM Video Platform.
As stated in the company's interim results announcement on 28 March 2008, this
is an important development for the business since Vividas believes that this
new online video platform will represent the most comprehensive and
technologically advanced platform available in the market place. The Directors
expect the new platform to form a key component of Vividas' sales offering.
VivStreamTM Video Platform supports full screen, high quality online video
streaming. The solution combines Vividas' high quality streaming technology with
two of its content delivery products, VivStreamTM Internet TV and VivStreamTM
PPV and will enable media content owners, broadcasters and resellers to roll out
an end-to-end Internet TV channel or a portal for Pay Per View ("PPV")
solutions, quickly and easily.
Significantly, the solution also encompasses full website development and
deployment, payment gateway interfaces, a comprehensive content management
system, digital rights management protection and detailed reporting on users and
revenues.
Paul Neville, Chief Executive Officer of Vividas, said,
"The new platform has been developed to cater for specific market requirements.
There is a real need for a simple solution that enables broadcasters, content
owners and aggregators to develop their own commercial video offerings. The
VivStreamTM Video Platform delivers 'ready-to-go' products that can be designed
and personalised to suit the potential audience in every way without
compromising on viewing quality.
VivStreamTM Internet TV provides a one-stop solution that allows any content
owner to launch a TV station online quickly. For both pre-recorded and live
content, it delivers a quick time to market and supports a range of charging
options including subscription, sponsorship and advertising. VivStreamTM
Internet TV offers broadcasters and content owners detailed reporting on user
accounts and enables monitoring of viewing volumes, advertising viewing figures
and click-throughs."
For further information please contact:
Vividas Group PLC
Paul Neville, Chief Executive Officer Tel: +44 (0) 118 949 7903
Greg Minns, Group Finance Director www.vividas.com
HB Corporate
Imran Ahmad / Rory Creedon Tel: +44 (0) 20 7510 8600
Biddicks
Katie Tzouliadis Tel: + 44 (0) 20 7448 1000
About Vividas
Vividas Group plc is a developer and provider of video technologies, which
enable full screen, high quality video via the internet or corporate networks
without requiring previously installed software. Vividas proprietary technology
overcomes the disadvantages of competing solutions that typically offer only
partial screen, or poor quality full screen, viewing and generally require the
user either to have or to install specialist player software.
For more information visit www.vividas.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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