Thanks - a reminder (for me at least) as to why I am invested here:
WINCHESTER, Va., Aug. 26, 2016 /PRNewswire/ -- CableClix (USA), Inc. (OTCPK:CCLX) ("CableClix" or the "Company") following on from its previous announcements, is prepared to begin a nationwide roll out of its live streaming television services in select US markets during the fourth quarter of 2016. The CableClix Virtual Private Cable Network™ or VPCN™, will build virtual cable networks over the Internet that mimic existing cable television franchises. The VPCN™ will begin in select metropolitan broadcast areas in Tier 1 cities across the US with a deployment schedule to be announced later this calendar year.
Mark Bayliss, Chief Technology Officer and Founder of CableClix indicated, "Five years ago, some of the most innovative minds conceived of the next killer app that would deliver live television, premium channels, and a vast library of video-on-demand content directly to a viewer on any device of their choosing. That time has arrived, and the VPCN™ is the vehicle that will deliver this service. Today, devices ranging from video game platforms to cable box peripherals are offering a limited number of channels for monthly fees that are comparable to a typical cable or satellite service. CableClix will offer an over-the-top cable network that gives a broadband ISPs the ability to offer a virtual cable network, rich with live streaming content, without the investment in large, complex distribution infrastructure."
Bayliss adds, "This provides consumers with a true alternative to the status quo cable and satellite television providers. With CableClix, you can choose the channels you want and have access to a wide array of local, geographical, and international content unavailable through traditional providers. This results in streamlined, customizable viewing experiences uniquely available through the CableClix VPCN™."
With the completion of the set top box design and major production set to begin in the coming quarter, CableClix expects to have its set top boxes available as a cord-cutter kit that rivals Apple, Roku, and others. "We are working through the necessary negotiations to have the CableClix cord-cutter kit available in the leading US retailers of home electronics and entertainment", says Kris Domich, CEO and President of CableClix. Domich adds, "The kits will be available online and in traditional brick-and-mortar stores within our initial target market areas. ISPs that wish to offer live streaming television to their customers should contact CableClix find out when the service will be available in their area."
In preparation for this nationwide rollout, CableClix is finalizing significant cable television franchise agreements in key broadcast areas. These agreements will allow the rapid deployment of the CableClix broadcasting infrastructure. "Municipalities are excited about entering into these agreements with CableClix versus a traditional cable television company because our solution requires no easements or right of ways," Domich added.
About CableClix (USA), Inc.
CableClix, Inc. was formed in 2013 to be a leading provider of high definition streaming television over broadband connections. Our goals remain as they were at our inception; deliver quality television programming in high and ultrahigh definition, including local network content, directly to the local consumer, on nearly any device, at any time. CableClix is different from others that have attempted to deliver similar services in the past – because we create partnerships with the national networks, local affiliates, and local ISP's. Commonly referred to as television rebroadcasting, the concept is often one-sided in nature and ultimately the end consumer is left to pay significant monthly subscription fees for a plethora of channels that go mostly unwatched. Concurrently, local broadcast affiliates feel the ever increasing pressure of internet-based streaming services often broadcasting the same content and diminishing the relevance of traditional TV viewing. CableClix founders believed there was an opportunity to bridge the gap between the network and affiliate interests, and at the same time, give the consumers what they are clearly asking for: the convenience of watching their favorite shows any time, unaltered, and without a barrage of irrelevant marketing and advertisement.
Another important aspect of CableClix approach to streaming television is our appreciation for the local ISP's, especially the Wireless ISP's (WISPs). All ISP's have experienced the pressure of needing to increase upstream bandwidth to support the growing popularity of streaming video. The cost of these increases in bandwidth are either passed on to the end customer, or in competitive markets, taken directly from the bottom line. WISPs in particular tend to serve customers in rural areas, and while are still part of a given metropolitan broad cast area, are unable to receive local broadcasts without a satellite connection due to line of sight or distance from transmitters. In nearly all of those cases, cable is not an option for those customers due to the unavailability of the required infrastructure. CableClix founder and owner/operator of a WISP understood this problem firsthand, which triggered the desire to solve this growing TV viewing conundrum:
"How can we deliver high definition, local and premium television to the public, especially rural customers while simultaneously relieving bandwidth strain on ISPs, in a manner that protects and enforces the local broadcast area boundaries and respects the intellectual property of the networks and production houses?"
CableClix is committed to the development and continual enhancement of products and services that deliver the programming that consumers want affordably and reliably. We achieve this using best-of-breed technologies, innovative people, and a customer-centric underpinning woven into everything we do. We respect the ownership, talent, and effort that goes into developing the news, entertainment, and other intellectual property that we stream, and always respect and enforce the boundaries of metropolitan broadcast areas. We value our partnerships with ISP's and constantly seek out new ways to optimize their network resources to ensure the best customer experience. We are excited to be a part of the transformation of traditional viewing to the next generation of customized streaming TV.
More information about CableClix (USA), Inc. can be found at www.cableclix.com
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