TIVU NEWS
Tivus Summarizes National Association of Broadcasters 2011 NABShow Attendance
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Press Release Source: Tivus, Inc. On Monday April 18, 2011, 1:19 pm EDT
OMAHA, NE--(Marketwire - 04/18/11) - Tivus, Inc. (Pinksheets:TIVU - News) today reports on its attendance at the National Association of Broadcasters (NAB) NABShow® conference held from April 9-14, 2011, at the Las Vegas Convention Center in Las Vegas, Nevada.
"In addition to the conference attendance, we had discussions with top-level representatives from major hotel and casino properties in Las Vegas," commented Shiva Prakash, Tivus' president and chief executive officer.
"After reviewing the plethora of IP-based content and HD IPTV technology innovations presented, I must admit it was gratifying to confirm our business plan is not only on the leading edge of this burgeoning platform, but it appears we are ahead of the curve.
"Moreover, we identified new IP-based services that will provide commercially viable, value-added features. And, as IPTV continues to grow in popularity, we intend to continue leading the hotel IPTV entertainment industry by identifying additional revenue streams not possible until now by employing innovative, novel strategies leveraging this extremely powerful new IP-based platform.
"With more than 90,000 industry professionals in attendance, the NABShow represented $35 billion in purchasing power. NABShow events included nine conferences and three training programs, featured more than 500 skill-building sessions, drew media and entertainment professionals from over 150 countries, including 1,200-plus members of the press, and1,500-plus unique companies.
"As our current installations of the world's first Tivus HD IPTV systems are progressing nicely, the new ideas we were exposed to at the NABShow may very well be deployed in future hotel and casino installations," Prakash concluded.
About National Association of Broadcasters
The National Association of Broadcasters advocates on behalf of America's free, local radio and television stations and also broadcast networks before Congress, the Federal Communications Commission and the courts. For more information, please visit www.nabshow.com.
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.com, or check us out on www.facebook.com/tivusconnect or www.twitter.com/tivusinc.
One of our most important responsibilities is to communicate with shareholders in an open and direct manner. Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update forward-looking statements as the result of new information or future events. We urge investors to review the risks and uncertainties within its filings with the OTC Markets and/or Securities and Exchange Commission.
Contact:
Media Relations:
Steven Haag
(832) 413-6206
stevehaag@tivus.com
