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MobiTV Selected for TV Bank's Multiscreen Services in Japan

EMERYVILLE, Calif., Nov. 17, 2014 (GLOBE NEWSWIRE) -- MobiTV, a global leader in enabling delivery of live and on-demand TV everywhere in and out of the connected home, and TV Bank, a leading live video distribution system and video provider for connected devices in Japan, today announced the partnership to leverage MobiTV's software-based platform and NetDVR (nDVR) technology to extend TV services across screens. The service, launching this fall, will enable a robust entertainment experience on connected devices, including smartphones, tablets and PC browsers anytime, anywhere.

"The trends driving change in the way consumers discover, access and watch content are rapidly occurring on a global scale," said Charlie Nooney, CEO and Chairman of MobiTV. "We are thrilled to be partnered with a major Japanese provider like TV Bank to make a big splash in the market with terrific content choices for consumers."

TV Bank, owned by SoftBank, is one of the largest online video providers in Japan. MobiTV's end-to-end, cloud-based multiscreen platform will bring approximately 30 live channels of TV Bank's BBTV Next service to smartphones, tablets and PCs by leveraging TV Bank's existing infrastructure. Additionally, MobiTV's nDVR functionality will allow for recorded, live and catch-up TV across screens.

"Leveraging MobiTV's cutting-edge technology will significantly boost the viewing flexibility we are dedicated to offering our customers," said Tomotaka Nakagawa, CEO of TV Bank. "We are impressed by its comprehensive platform and ability to deploy TV across a variety of screens within our market. We look forward to the opportunity to integrate additional TV services for a true TV Everywhere experience."

Additional information can be found at www.mobitv.com.

About TV Bank

TV Bank Corporation (TV Bank, Japan) is the provider of a uniquely developed live video distribution system and videos for any smart phone devices and PC.

In 2005, SoftBank Corp. set up TV Bank, headquartered in Minato-Ku, Tokyo, as a joint venture with Yahoo Japan Corporation (Head Office: Minato-ku, Tokyo; president: Manabu Miyasaka) to reinforce the SoftBank Group's internet video content service business. TV Bank operates businesses relating to video content. These include services that distribute video content to mobile phones, such as 'SHUUN', 'Simple Video Selection' and 'Sports LIFE' the multichannel service 'BBTV NEXT' for SoftBank MobileCorp.'s 'SoftBank SmartTV'. In addition, Ustream Asia Inc., a joint venture with Ustream Inc. of the USA, provides a Japanese-language version of 'Ustream', a live video streaming service for smartphones, PCs, etc. There are various categories of program, including music, sports, news, events and politics. The site attracts approximately eight million unique visitors each month.

About MobiTV, Inc.

MobiTV is a global leader in delivering live and on-demand video to any screen, connecting media reliably and securely anytime, anywhere, on any device. The company's end-to-end platform delivers a true TV everywhere experience that helps service providers reduce time to market and control costs associated with the deployment and operation of high concurrency, multiple platform services. MobiTV's connected media solutions solve the complexity of delivering video across networks, operating systems and devices while managing associated rights. The company efficiently optimizes for network conditions to deliver multiscreen media services that center on empowering the viewer. MobiTV's connected media solutions are tailored for IPTV and broadband/DSL providers as well as mobile TV and over-the-top customers including AT&T, Deutsche Telekom, Sprint, T-Mobile, US Cellular, and Verizon among others.

CONTACT: Media Contact: Formula PR for MobiTV mobitv@formulapr.com

Source: MobiTV