"Foremost, I would like to relay that we are awaiting the return of an executed five-year, multi-million dollar contract from Host Hotels & Resorts ("Host") for the fully operational high-definition ("HD") internet-protocol television ("IPTV") platform with TiVUS' proprietary ad-insertion system. The inaugural installation is currently running in Host's premier 1408-room downtown Philadelphia hotel property adjacent to the convention center."
Prakash continued, "Also, I am happy to report installation of our HD IPTV platform at the 435-room downtown Doubletree Hotel in Omaha, Nebraska, has begun; I expect progress updates as we move forward in much the same fashion as we did with the recent Host installation.
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