PEERTV PLC 
By 17.07.12
PeerTV PLC
("PeerTV or "Company)
PeerTV signs agreement with Microsoft Corp.'s PlayReady DRM
PeerTV (AIM: PTV), a provider of technology solutions for the OTT (TV over the internet) market, announces that it has licensed Microsoft Corp.'s PlayReady DRM (digital rights management) technology to allow for a greater choice of content protection schemes.
DRM technologies control access to premium content downloaded or streamed over the Internet and is required to broadcast premium TV content.
The deal, which will initially last for three years, extends PeerTV's existing content protection offerings that already include Verimetrix and Microsoft DRM10. PeerTV plans to support PlayReady across its Android based PeerDroid Android set top box (STB) offering later this year.
Commenting on the changes, Moshe Bartov, CEO, PeerTV said:
"We are excited to license Mircosoft PlayReady DRM as it another building block to provide PeerTV's PeerDroid STB with the necessary enabling technologies to access premium content with a DRM solution approved by the major Hollywood studios.
"The inclusion of PlayReady in our portfolio of solutions coupled with exciting user interface, rich functionality and high performance STB will enable PeerTV to address new market segments and growing demand - especially from the Telecom Market.
-END-
Further enquiries:
PeerTV Plc
Leon Nahon, Chairman +972 974 07315
Moshe Bartov, CEO
Libertas Capital Corporate Finance Limited
Thilo Hoffmann/Andrew McLennan +44 (0) 20 7569 9650
Peterhouse Corporate Finance
Jon Levinson +44 (0) 20 7562 3384
Bishopsgate Communications
Nick Rome/Sam Allen +44 (0) 20 7562 3350
|
distributed by
|
