Business Services Industry

Kasenna Signs Global OEM Agreement for Kasenna PortalTV™ Suite with Leading Network Equipment Provider; Combined Solution Will Offer One-Stop IPTV Solution for Global Tier 1 Carriers

Business Wire, June 6, 2006

SUNNYVALE, Calif. -- Kasenna, The IPTV Company(TM), today announced an agreement under which it will license its PortalTV suite (including Kasenna LivingRoom and MediaBase XMP), to Ericsson AB (NASDAQ:ERICY) for integration with Ericsson's broadband access products. Together, Ericsson's networking products and Kasenna's PortalTV suite will provide a fully-integrated, one-stop IPTV solution for service providers.

The combined solution will provide an integrated network and IPTV infrastructure carriers need to deliver advanced TV services such as video-on-demand, network PVR, StartOver TV, and customizable electronic programming guides (EPGs).

"Kasenna is excited to partner with Ericsson, a true Telecom industry leader, to target IPTV opportunities around the globe," said Kumar Shah, CEO of Kasenna. "The partnership between our two companies will extend from an integrated IPTV product suite to a tightly coupled sales and support services organization that will make it easier for telecom operators to immediately deploy a competitive, carrier-grade TV solution that not only generates revenue today but positions them for tomorrow's needs."

"IPTV is much more than traditional broadcast TV over IP networks - it is about integrating media, content, and communications services with the power of the web to create a personalized entertainment portal on the television," said Mark Gray, Chairman and Executive Vice President of Kasenna. "The Kasenna PortalTV suite provides Ericsson a pre-integrated, scalable, and standards-based core IPTV framework. While the rest of the industry is still talking about MPEG-4 based IPTV deployments, we are providing Ericsson with a partner who is deploying them now," added Gray.

Kasenna will be hosting a press conference on Tuesday, June 6, 2006 at the GlobalComm conference in Chicago, IL and invites the IPTV industry media to attend.

About Kasenna

Kasenna - The IPTV Company(TM) - is a leading provider of video-on-demand (VOD) content and MPEG-4 ready IPTV applications for triple play services over broadband networks. Kasenna PortalTV is a fully-integrated IPTV solution that enables telecom service providers, cable operators and others to generate additional revenue, increase profits and raise customer satisfaction by delivering advanced television services. Proven through dozens of global deployments, Kasenna's patented software technology is built on open standards, allowing providers to easily customize services and the viewer experience. Through its subsidiary ViewNow, Kasenna offers the industry's only turnkey IPTV solution that includes scalable IP video infrastructure, subscriber applications, and VOD programming.

Kasenna is a privately-held company with headquarters in Sunnyvale, California, and office locations worldwide. For more information, please visit www.kasenna.com.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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