TiVUS Commences Live Hotel TV Ad-Insertions
'Company ushers in new era of hotel-industry TV revenue'
OMAHA, Neb., Dec. 15, 2011 /PRNewswire/ -- TiVUS, Inc. (OTCPK: TIVU) today announced, that for the first time in the industry, it has begun inserting its own TV commercials on top cable TV channels of the Company's satellite based proprietary high-definition (HD) internet-protocol television (IPTV) with ad-insertion platform.
"TiVUS' pioneering first ads began running this month," commented Shiva Prakash, TiVUS' chief executive officer. "Based on this success, we believe TiVUS has forever changed the way hotels fund, implement, and leverage in-room TV entertainment technology.
"By fully exploiting TiVUS' innovative revenue model, we believe we have successfully demonstrated TiVUS' unique-to-the-industry in-room TV, which places local and national advertisers in-front of millions of ready-to-spend consumers annually. I anticipate future deployments of our HD IPTV with ad-insertion as the platform begins generating its first monthly revenue shared with the hotel.
"On the system sales front, Phil Marriott, our executive vice-president of sales, reported to me he is aware of several hotel properties that are are month-to-month with legacy providers awaiting TiVUS successful proof-of-concept.
"Significantly, we also expect to see the beginnings of advertising revenues this month as TiVUS, Inc. now begins its transition from a development stage to a revenue-growth stage company," Prakash concluded.
About TiVUS, Inc.
TiVUS, Inc. is a technology entertainment services company providing Internet-based TV and Cable programming, interactive game content, and goods & services to the hotel/hospitality industry. TiVUS' unique HD IPTV system is a complete hotel entertainment platform that, for the first time in the industry, generates previously untapped income for the hotel through ad-revenue sharing. For more information, please visit www.tivus.com and www.tivusconnect.wordpress.com, www.facebook.com/tivusconnect or www.twitter.com/tivusinc.
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Media Relations:
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SOURCE TiVUS, Inc.
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