BesTV and Ubitus Form Strategic Alliance to Bring Cloud Gaming to China's TV Screen

TAIPEI and SHANGHAI, May 11, 2015 /PRNewswire/ -- Ubitus Inc., the worldwide cloud gaming technology leader, announced today its partnership with BesTV New Media Co LTD, the global leading player in the new media sector and the forerunner of IPTV and interactive home entertainment in the China market, in collaboration within the areas centering around providing cloud gaming service and introducing AAA game titles on large TV screens, including BesTV-operated IPTV, in China.

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BesTV is the pioneer and founder of Chinese IPTV business model and has already grown into the world's largest IPTV operator with more than 25 million effective IPTV users. Now millions of users would be able to enjoy cloud gaming service through their BesTV-operated IPTV. Powered by Ubitus' GameCloud ® solution, it can deliver instant console-level gaming experiences on demand. Users will be amazed by the incredible gaming experience streaming down via their home broadband connections from the cloud. More blockbuster game titles from leading game companies worldwide will be expected to land on TV screens including BesTV-operated IPTV in China going forward.

Both companies entered into a Memorandum of Understanding (MOU) earlier this month. "We are exuberant about this partnership," said Wesley Kuo, President and CEO of Ubitus, "when Ubitus' technological strengthens and global industry connections in cloud gaming meet with BesTV whose innovative cultures and dominant position in IPTV and home entertainment sectors, there will be a new era of cloud gaming in China unveiled for household gamers of all kinds."

"This is one major step in the partnership between BesTV and Ubitus to form this strategic alliance in launching cloud gaming service on TV screens including BesTV-operated IPTV in China. It is a significant milestone for ourselves as well as for the industry, and it's also a leap forward in fulfilling our vision to deliver the best gaming and entertainment experience to more customers around the world," said JIAN CHANG, President of the Game Consoles' Channel Business Group, BesTV News Media Co.Ltd. "BesTV has valuable experience of delivering innovation entertainment content and will be the ideal partner for Ubitus to bring cloud gaming service in China market."

About BesTV

BesTV New Media Co Ltd (SHA: 600637), a subsidiary of Shanghai Media Group (SMG), launched its IPO on the Shanghai Stock Exchange as the first new media stock in China.

BesTV's main businesses include Internet protocol television (IPTV) business, home entertainment, OTT set-top boxes, network video business, mobile television business, smart television business, multimedia production business and digital media platform design and construction, firmly establishing the company as a global leader in China's growing "family entertainment" industry. More information about BesTV can be found online at www.bestv.com.cn

About Ubitus

Ubitus Inc. has the world's leading game virtualization technology and cloud-streaming platform. It strives to provide a more pervasive gaming user experience using top-notch technology, allowing players to play the best games at any time and any place as long as they are connected to the internet. The services are compatible across devices, platforms, and networks. It doesn't matter if the player is using a smart phone, tablet, PC, or smart TV.

As one of the leaders in cloud gaming technology and game streaming services, Ubitus has entered into long-term partnerships with top-notch international game developers, becoming the agent for many classic gaming masterpieces. It has penetrated the Japanese, Korean, US, Hong Kong, and Chinese market. It has liaised with leading telecom service providers, online service providers, and game makers everywhere to provide services to local gamers.

For more information, please visit the website of Ubitus. www.ubitus.net

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SOURCE Ubitus Inc.

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