More than many developing companies, the growth of Tivus has been based upon agreements and partnerships with recognized industry leaders, and the past year has been one of the most active in the company’s history.
In November of last year, Tivus announced a major supply agreement with European electronics producer Vestel Group, through Vestel’s Master North America Distributor, CVS International Ltd. Vestel Group, through the many companies that comprise the group, is a huge producer and distributor of consumer electronics in Europe. Vestel’s European market share accounts for 25% of the total digital set-top box market, 21% of the total TV market, 10% of the total LCD TV market, and 10% of the total household appliance market. The agreement with Tivus calls for Vestel to produce HDTVs for the Tivus IPTV (Internet Protocol Television) systems.
In March of this year, Tivus announced an agreement with hospitality giant Host Hotels & Resorts to deploy the Tivus HD IPTV COD (Content On Demand) system in Host properties, a deal that will lead to installations in thousands of rooms. Host national and international properties involve some of the best names in the business, including Marriott, Sheraton, Hyatt, Hilton, Westin, Ritz-Carlton, and Four Seasons. Tivus soon announced that it had already implemented its systems in more than 900 Host rooms and that it was beginning Phase II in its deployment. It’s important to know that Doug Marriott serves on the Tivus Industry Advisory Board. Doug Marriott is the cousin of Marriott Chairman and CEO Bill Marriott and Host Hotels Chairman Richard Marriott. In addition, Phil Marriott was recently appointed as executive VP of International and Domestic Sales for Tivus.
In June, Tivus announced that it has entered into a strategic partnership with InfoValue Computing, Inc., a supplier of advanced IPTV middleware application systems. The agreement calls for InfoValue technology to be integrated into the Tivus HD IPTV entertainment systems. It provides Tivus a greater level of real time control in the management of guest menu customization and communication with the hotel’s system.
For more information, visit the company’s website at www.Tivus.com
About QualityStocks:
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment