Corporate Announcement
Security Code : 531439    Company : GOLDTECH    
 
Goldstone Technologies signs agreement with Asia Today, Mauritius, a subsidiary of Zee Telefilms 
  Exchange Disseminated Time     
Goldstone Technologies Ltd has informed BSE that the Company has signed an agreement with Asia Today Ltd, Mauritius, a subsidiary of Zee Telefilm Ltd, to market, sell and distribute Zee channels to subscribers in eight countries in the Asia Pacific region on its internet Protocol Television (IPTV) service. These channels include Zee TV Asia Pacific, Zee Premier, Zee Classic, Zee News, Zee Business, Zee Music, Zee Smile, Zee Punjabi, Zee Gujarati, Zee Bangla and Zee Marathi.

The Company will use patented technology for Triple play services which will deliver excellent quality video at only 600 kbps. This is expected to be the world's first such service to function seamlessly on the public internet. The technology allows a set top box to be connected to a TV for watching live channels, content on demand as well as internet browsing without requiring a PC. The Company is setting up a Network Operating Centre in Singapore. The Company, which has already signed agreements with several other Indian and European channels for global distribution, also plans to provide other features including on demand movies, game shows and serials. The Company's IPTV services are expected to be operational soon under the brand name TV Origin, initially targeting NRI audience. The Company expects the subscriber base to touch 100,000 by the end of 1st year.

Internet Protocol Television is the system of delivering television and media content to consumers over the infrastructure of the internet. IPTV services can be delivered to any subscriber in the world, over the public internet by simply connecting a set top box to the broadband internet connection. In addition to streaming media content, IPTV services also provide a host of supplementary facilities such as internet browsing, personalized advertising and video conferencing.
 

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