Net Insight AB: Net Insight delivers Live OTT solution to Mediatech in Hong Kong
(Thomson Reuters ONE) -
Stockholm, Sweden - Net Insight, the leading provider in live streaming, media
transport and resource scheduling, today announces that Mediatech, a leading
solutions provider for the professional video market and Net Insight's partner
in Hong Kong, is implementing Net Insight's Live OTT solution Sye for delivery
of live sports in Hong Kong.
The order from Mediatech includes both software and professional services. The
product roll-out is expected to be completed in Q4, 2017. The initial order
value for the first phase is less than SEK 1 million.
"This is the first deal in the Southeast Asia-region for Sye," says Fredrik
Tumegård, CEO of Net Insight. "We see many possibilities for our forward
thinking, game changing solution Sye through Mediatech's strong portfolio and
customer base in the region".
The order includes the set-up of an ultra-low latency live Content Delivery
Network (CDN) service that streams live sports to mobile subscribers. The CDN
solution based on Sye will also support synchronized delivery of multiple camera
feeds. The transition to a Sye powered CDN will enable a cost effective,
highly-reliable and differentiated CDN service with a feature set that brings
value to both the CDN customers and the end viewers.
"Net Insight offers a truly innovative and market leading live streaming
solution and we see great potential in being able to offer the OTT audience a
true live experience that includes ultra-low latency, synchronization across
devices, and instant channel changes," says Raymond Mo, CEO at Mediatech.
For further information, please contact:
Fredrik Tumegård, CEO of Net Insight, +46 8 685 04 00,
fredrik.tumegard(at)netinsight.net
This information is information that Net Insight AB is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was submitted for
publication, through the agency of the contact person set out above, at 2:30 pm
CET on October 9, 2017.
About Net Insight
Net Insight's vision is to enable a live and interactive media experience for
anyone on earth. Our aim is to lead progress and enable a global media
marketplace where live content can be exchanged and interaction among TV
audiences can take place in real-time. We want to create the media experience of
the future, centered on content.
Net Insight delivers products, software and services for effective, high-quality
media transport, coupled with the effective management of resources, all, which
creates an enhanced TV experience. Net Insight's offerings span across the
entire media spectrum, starting from TV cameras and TV studios, right through to
the TV consumers. Our solutions benefit network operators, and TV and production
companies, by lowering total cost of ownership, improving their workflow
efficiencies and providing them with the ability to capture new business
opportunities.
More than 500 world-class customers run mission critical media services using
Net Insight's solutions, covering more than 60 countries worldwide. Net Insight
is listed on Nasdaq Stockholm.
For more information, please visit netinsight.net
About Mediatech International Ltd
Mediatech (International) Limited is an engineering consultant, solutions
provider, and systems curator for the professional video market in Hong Kong and
the surrounding regions.
Founded in 1993, Mediatech have since established itself as one of the most
experienced and versatile businesses in the broadcast and ICT industries.
Customers include TV broadcasters, cable operators, telecom service providers,
post-production facilities, corporations, and universities.
For more information, please please visit www.mediatech.com.hk
Net Insight delivers Live OTT solution to Mediatech in Hong Kong:
http://hugin.info/130084/R/2140487/819661.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Net Insight AB via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 09.10.2017 - 14:30 Uhr
Sprache: Deutsch
News-ID 562900
Anzahl Zeichen: 4804
contact information:
Town:
Stockholm
Kategorie:
Business News
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