Broadcast International's CodecSys Provides Encoding Platform for netTALK TV's Triple Play
Salt Lake City, Utah and Miami, Florida – Broadcast International (OTCBB: BCST), and netTALK.com (OTCBB: NTLK), have teamed to provide a triple play OTT video for netTALK’s 1,000,000+ subscribers. The announcement was made jointly today from Salt Lake City, UT and Miami, FL.
“netTALK is expanding its services to include video and rich media programming services in an easy-to-use alternative to traditional linear programming at appealing prices”, commented Steve Jones, vice president and general manager of the CodecSys Division. “The joint effort between netTALK and Broadcast International demonstrates our dedication and ability to support alternative media delivery methods. We’re delighted to play a pivotal role in furthering netTALK's commitment to quality and enhancing their product menu as they grow.”
CodecSys' patented, breakthrough, multi-codec compression softwarecuts video bandwidth requirements over satellite, cable, IP and wireless networks to enable a new generation of applications such as streaming video to computers and mobile devices.
netTALK TV, an extension of netTALK’s Voice over Internet Protocol (VoIP) service, will bring customers a total communications and entertainment experience by permitting access to entertaining and meaningful online video content quickly and easily via OTT or as a VOD playback service.
“Here at netTALK we’re always looking to increase our offerings of high quality, low cost, easy to use communication and technology products and this includes our expansion into the entertainment category” says Cedric Guillory, Senior Director of Marketing at netTALK.com.
He states “CodecSys was selected after a rigorous testing and evaluation process that included quality assessment by both netTALK customers and by a random sampling of consumers. CodecSys was singled out for its flexibility, overall quality, performance, and lower bandwidth resulting in cost savings beginning at implementation and throughout the life of the project.” He goes on to say, “We are pleased to be moving forward with this partnership which helps extend our brand offerings and also maintain the quality and value our customers have come to expect from netTALK.”
netTALK TV, currently in beta-testing, will officially launch in early 2013.
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. Broadcast International'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.
All statements in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under the caption "Additional Factors That May Affect Our Business" in the Company's most recent Form 10-K and 10-Q filings, and amendments thereto. In addition, we operate in a highly competitive and rapidly changing environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise any forward-looking statement.
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About netTALK.com, Inc.
netTALK.com, Inc. is a unique telecommunications services provider which delivers its proprietary "first to market" consumer electronics technology and cloud -based SaaS offerings through Smartphone Apps hosted from netTALK's state-of-the-art Data Center. netTALK trades under the symbol NTLK.
More information is at www.netTALK.com
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