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PRESS RELEASE: JUNE 2016 BY: MARKSON SPARKS!
NEWLY LISTED ASX-COMPANY IOT GROUP SIGNS EXCLUSIVE AGREEMENT TO STREAM CONTENT TO OVER 100 COUNTRIES ACROSS APAC
IOT Group subsidiary - OTT Premium - to offer broadcasters, production & film companies, content providers and telcos with end to end streaming platform, Xstream.
IOT Group Limited (ASX: IOT) subsidiary - OTT Premium Pty Ltd - has entered an exclusive agreement to bring Xstream's over-the-top media streaming platform to Australia and more than 100 countries across the Asia-Pacific region. Xstream, one of the only independently owned tierone streaming companies in the world, offers telcos, broadcasters,
production and film companies and content owners with the full end to end over-the-top platform to deliver content which can be viewed on any device, at
anytime, anywhere. Strengthening their position, are the existing and long standing partnerships with leaders in the OTT industry that allow OTT Premium to deliver the full end-to-end solution.
OTT Premium will be headed up by Bob Morrison who joined Xstream as Managing Director, Asia Pacific in 2015 to launch, manage and grow Xstream's operations across the region, after earlier spending 12 months on the board of Xstream. Bob is a known business strategist and respected industry leader bringing with him over 25 years of entertainment, media, television, content and OTT experience.
The Xstream technology will allow global content to be delivered instantly and seamlessly to Australian audiences - and Australian content to be delivered to new audiences around the world. Xstream have some heavyweight clients already in their little black book which include Telenor (the world's fourth biggest telco), Spark New Zealand (formerly Telecom New Zealand) and Bollywood's largest production studio - Balaji Telefilms, and are currently targeting some real players in the APAC region. In addition, OTT Premium will be adopting Xstream's dynamic business model which means no matter the size of the client, OTT Premium will cohesively scale with each client's individual needs.
"This partnership will expand the reach of an Australian tech company across the entire region," said Ian Duffell, Executive Director of IOT Group. "There is a gap in the market for customers looking for unique content delivered as and when they want it. There's numerous streaming and VOD services offering mass content, few of which offer tailored
viewing or multilingual channels to address unique tastes. The Xstream platform already has access to over 10,000+ hours of homeland television and continues to grow."
"This partnership presents a huge opportunity for Australian broadcasters and telcos to bring previously unseen global TV content to local audiences, and provides a platform for Australian artists and production companies to bring their new content to a global stage," Mr. Morrison said.
Simon Hoegsbro, CEO of Xstream, commented: ""The entire Asia Pacific region is experiencing tremendous growth in online video viewership. Entering this new era with OTT Premium will allow us to meet the increasing demand for our technology in this region. We are honoured that OTT Premium has chosen Xstream to spearhead its reach into the Asia- Pacific region and we are committed to working with OTT Premium to offer a flexible, best in class OTT platform across the Asia Pacific continuing our commitment to simplify the complexity of Internet TV for our customers "
Over-the-Top (OTT) applications and services are the platform that delivers streaming and video-on-demand services to use on mobiles, tablet, web, smart TV, set-top-box and consoles and mobile devices. OTT providers are poised for scale and growth as they deliver user content over the Internet bypassing traditional distribution channels more generally, at a lower cost. Examples include Netflix and Apple TV (replacing your regular TV provider) or Skype (replacing your long distance provider).
TO INTERVIEW IAN DUFFELL OR BOB MORRISON email
About Xstream (www.xstream.net)
Xstream has been a pioneer in OTT and TV Everywhere services since 1999. Drawing on their extensive experience, Xstream works with world-leading operators, broadcasters, media companies and content owners. Xstream deliver simpler, smarter Internet TV solutions characterized by superior flexibility, usability, scalability and cost-efficiency. Xstream's
cloud-based OTT Platform, Xstream MediaMaker™ simplifies the complexity of Internet TV offering industry leading flexibility, seamless integration and limitless scalability enabling customers to deliver premium content to any connected device anywhere, across any network.
Importantly, Xstream MediaMaker™, is designed to automate complex processes end-to- end, accelerate time to market, simplify supply chain management and optimize merchandising and monetization - offering customers the opportunity to expand, scale and grow their Internet TV offerings with a personalized and relevant viewing experience across any device in multiple countries and regions, all managed from one easy to use platform.
About OTT Premium
OTT Premium knows that demand for Over-the-Top (OTT) solutions is ever increasing as consumers are viewing content anytime and anywhere. OTT Premium understands a fast go-to-market solution is needed and here's what sets us apart:
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Simple - we offer a hub/one-stop-shop service
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Proven - recognised international business success with global reach
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Advanced - powered by fully automated European technology at the forefront of OTT
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Experienced - assist with content acquisition, provide a solutions architecture & integration
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Reliable - we can align and be responsive to any business model
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Well connected - Working with all major and 2nd tier OTT ecosystem partners globally
OTT Premium provides some of the world's leading brands with unsurpassed OTT software delivering content that can be viewed on multiple devices and languages worldwide direct to your audience.
We've done the hard yards for you through partnering with some of the biggest players in streaming, content provision, cloud storage, analytics, billing gateways and application development to provide you a complete end-to-end content delivery solution. Whether you're a telco, broadcaster or production company, you are successfully equipped to compete with existing content providers through OTT Premium's packaged solution.
About IOT Group Limited
www.theiotgroup.com
(Internet of Things)
IOT Group has tapped into global niche markets by adapting and enhancing existing trend products and making them more affordable and useful to consumers. The IOT Group is designing and developing a range of smart wearables, a range of flying selfie drones, augmented reality, virtual reality, home automation products and much more; as we look to create a complete IoT ecosystem over the next 24 months.
Utilising industry specific innovation and our own technology, we've created the first facial recognition flying selfie device operated through smartphones and vision control systems, called ROAM-e. With unique follow me truly functionality, a flight time of up to 20 minutes and the capacity to charge in just two hours! You will always capture perfectly uninterrupted panoramic shots with ROAM-e's 360 degree 1080p HD camera. And you will never miss a moment with ROAM-e's live streaming capabilities, so the action is always in real time whenever, where ever. ROAM-e is your personal companion who will always be within 5m of you, so you never have to worry about invading anyone's personal space. Built with the world's first dual-axis collapsible blades means that ROAM-e's light, compact and easy to carry and ready for any occasion but most importantly not weigh you down. Selfies have reached new heights!
Outdoor Konnect (OK) is focussed on designing and developing a range of affordable innovative wearable devices, accessories and outdoor products combining the latest technology with unique
features. Our devices include a variety of smart watches with some already available through retailers and from our website.