Global Gateway Signs Agreement to Deliver Content on IPTV
LOS ANGELES, CA--(Marketwire - January 4, 2010) - Global Gateway Media & Communications, Inc. (PINKSHEETS: GGMC), formerly Zcom Networks, Inc., announced today that its wholly owned subsidiary Speedia Media, Inc. has executed an agreement to deliver its content over IPTV in addition to satellite coverage.
IPTV is a system in which a digital television signal is delivered using Internet Protocol over a network infrastructure, which may include delivery by a broadband connection. Viewers worldwide have access to digital international TV channels through their television sets, desktop computers or laptops. This unique technology uses a two-way digital broadcast signal which converts data requests into video content for viewers.
"This is a significant milestone for us. In the coming years we expect the residential IPTV market to grow at a brisk pace as broadband becomes available to more than 400 million households worldwide and many of the world's major telecommunication providers are offering IPTV as a new revenue opportunity for their existing markets," said Dr. Alex Parsinia, CEO of Global Gateway. "In addition, there are a growing number of IPTV installations within schools, universities, corporations and local institutions for content delivery," he added.
For more information, please visit www.globalgatewaymedia.com.
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