Axio TV and Beehive Networks to Launch OTT Service Powered by Broadcast International's CodecSys
SALT LAKE CITY and LAS VEGAS - Broadcast International (OTC.BB: BCST), a leading provider of video management software and services for next-generation video internet protocol networks, was selected by Axio TV to deploy its patented CodecSys(TM) video encoding platform for Axio TV's new over-the-top (OTT) service. The announcement was made today by Steve Jones, Broadcast International's senior vice president and general manager of its CodecSys division, at the National Association of Broadcasters (NAB) Conference being held this week in Las Vegas, Nevada.
Axio TV, Inc, located in Orem, Utah, is the world's first a la carte Live TV Platform. The new service offers subscribers a low-cost alternative to programming available OTT or over-the-Internet by offering local TV channels, on-demand and other live streaming channels through a set top box over any broadband connection.
Beehive Networks, a regional cable TV company that serves rural subscribers in the western U.S., will provide services to Axio TV via deployment of CodecSys from Beehive's head-end. The technology enables Beehive to partition its infrastructure and extend its network to more than 500,000 users in Axio TV's marketplace. Broadcast International will receive a portion of the monthly subscriber fees in addition to an upfront software license fees.
Kevin Doman, founder and chairman of Axio TV, commented: "We are pleased to partner with Broadcast International and Beehive Networks which enables us to provide our subscribers this exciting new service with an extensive line-up of programming from a variety of sources -- all of which is made possible through the adoption of the powerful CodecSys technology."
Steve Jones, added: "Axio TV and Beehive Networks represent a new breed of broadcasters who understand the need to deliver a robust lineup to its end users across any device. By launching an aggressive OTT service, Axio TV creates a whole new category of video services for customers who want their content delivered to any screen without comprising their viewing experience. CodecSys breaks the bandwidth barrier to ensure cinema quality video delivered at unprecedented bandwidth."
About Axio TV
Axio TV is the world's first a la carte Live TV Platform. Customers will be able to choose which channels they want to subscribe to and which to leave out of their content lineup. One of the current problems with Internet-connected set top boxes is that in order to browse live content you're forced to jump in and out of apps and you lose the ability we're all used to with traditional TV of casual channel browsing. With Axio's dynamic channel guide you'll have the ability to view live internet-streaming content in the same familiar guide format. Axio TV have created a framework for content providers large and small to add their own channels to it marketplace and to set their own prices. For more information about Axio TV, go to info@axio.tv
About Broadcast International
Broadcast International is a leading provider of video-powered broadcast solutions, including IP, and digital satellite, Internet streaming and other types of wired/wireless network distribution. BI's patented CodecSys software is a breakthrough, multi-codec video compression technology that cuts video bandwidth requirements over satellite, cable, IP and wireless networks. By slashing bandwidth needs, CodecSys enables a new generation of applications such as streaming video to cell phones, and offers unprecedented price/ performance benefits for existing applications such as HD video.
Broadcast International is a public company (OTC.BB: BCST) headquartered in Salt Lake City, UT. For more information, please visit www.brin.com and www.codecsys.com.
SOURCE
Broadcast International
CONTACT: Cameron Francis, Vice President Products of Broadcast International, +1-801-562-2252, pr@Brin.com
Web Site: www.codecsys.com
