Amino Technologies PLC Amino and 24i to evolve Youfone's TV offering
09 Dicembre 2019 - 8:00AM
RNS Non-Regulatory
TIDMAMO
Amino Technologies PLC
09 December 2019
9 December 2019
AMINO TECHNOLOGIES PLC
("Amino", the "Company" or the "Group")
Amino and 24i to evolve Youfone's TV offering
Fully integrated, end to end video solution enables the Dutch
mobile network operator to provide a truly next-generation TV
service
Amino, the technology provider for modern TV experiences,
announces that Amino and 24i, the Group's global video experience
business, have entered into an agreement with the Dutch MVNO
Youfone to provide a fully-integrated, end-to-end video solution to
refresh and expand its TV and OTT offering. This is the first joint
Amino and 24i customer agreement since Amino acquired 24i in July
2019.
The Dutch TV challenger launched its TV services in 2017 and
will now rely on 24i and Amino to create a next-generation viewing
experience to meet and exceed the increasing demands of modern TV
consumers. Youfone will deploy an end-to-end solution that combines
Amino's IPTV and TV Everywhere expertise with 24i's leadership in
video experience design and application development. 24i became an
Amino group company in July 2019 and Youfone is the first
joint-solution deployment to be announced. The Amino and 24i
solution is expected to be live at Youfone in Q2 2020.
The solution will combine 24i's Smart Video and Smart App video
experience products as well as Amino's Amigo 7x Android STBs
running on AminoOS, all managed through ENGAGE, Amino's cloud-based
service management platform. The deployment will provide
transcoding, middleware, CDN and front-end applications for
Android, iOS phones and tablets enabling live TV, catchup, restart
and nPVR of approximately 100 channels.
"We are on a mission to challenge how TV services in the
Netherlands are delivered by providing our customers with the most
extensive and flexible viewing options combined with
state-of-the-art features," said Valentijn Rensing, CEO of Youfone.
"We are excited to be the first company to benefit from the
combined offering from Amino and 24i which enables us to take our
TV and video experiences to the next level."
"The expertise of the 24i and Amino teams combined with our
joint technology solutions gives Youfone the competitive advantage
of being able to adapt, grow and manage their TV and video services
from one, dynamic platform," Donald McGarva, Amino Group Chief
Executive Officer. "Today's announcement also marks a major
milestone for the Amino and 24i teams as we celebrate our first
joint customer deployment since the two companies came together
earlier this year."
For further information please contact:
Amino Technologies PLC +44 (0)1954 234100
Donald McGarva, Chief Executive Officer
Mark Carlisle, Chief Financial Officer
finnCap Ltd (NOMAD and Broker) +44 (0)20 7220 0500
Matt Goode / Carl Holmes / Simon Hicks (Corporate Finance)
Tim Redfern / Richard Chambers (Equity Capital Markets)
FTI Consulting (Financial communications) +44 (0)20 3727 1000
Jamie Ricketts / Chris Birt / Gregory Hynes
About Amino Technologies plc
Amino Technologies plc is a new breed of Media Tech business,
focused on enabling operators to meet the challenge of the rapidly
converging worlds of broadcast and next-generation streaming
services. We believe the operators that will succeed will be those
that allow consumers to control how, when and where they "watch TV"
and consume video. The smart operator will enable each consumer to
define what TV means to them.
It's our mission to anticipate the technological and consumer
behavioral trends so that we can keep on creating the solutions
that enable operators and media companies to drive growth in
engagement and profitability while embracing the inevitable
disruption to the video market.
The Group meets these challenges through combining its
award-winning IP/cloud platforms and deep deployment expertise to
create solutions that enable our customers to design and deliver
innovative and profitable next-generation video experiences.
Amino Technologies plc consists of two operating companies
providing transformational media experiences: Amino Communications,
with TV-centric solutions and 24i, focused on streaming and OTT
experiences.
Since foundation, Amino Technologies has been committed to the
power of IP and how it transforms the TV experience. Our commitment
is to harness the most relevant technologies and actionable data to
continually create the very best video platforms and
experiences.
24i and Amino Communications are wholly-owned subsidiaries of
Amino Technologies PLC which is listed on the London Stock Exchange
Alternative Investment Market (AIM: symbol AMO), headquartered in
Cambridge, Amino has offices in New York, Los Angeles, San
Francisco, Amsterdam, Helsinki, Madrid, Porto, Brno and Hong Kong.
For more details, visit www.Aminocom.com
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