iPoint-media signs multiyear contract with
Spanish video aggregator
UK, Newbury –March 11, 2008
– iPoint-media (AIM:IPNT), a provider of live, interactive video
applications and delivery platforms for web, mobile and media,
announces that it has signed a multiyear agreement with a
leading Spanish video aggregator. The agreement operates on a
revenue sharing basis with a minimum monthly fee and
iPoint-media expects revenues of approximately two hundred
thousand dollars in the first year, growing annually over the
period of the agreement.
The Spanish
aggregator/service provider has been utilizing iPoint-media's
Vitrage 3G mobile video calling application platform for the
past two years to offer a range of revenue generating video
calling services in Spain. Based on the continued growth and
success of its services, the provider has committed to a
long-term agreement with iPoint-media.
Joseph
Daniel, iPoint-media VP Marketing and Sales commented:
"We're very
pleased to be continuing our relationship with one of Spain's
leading service providers. The decision to enter a long-term
agreement with iPoint-media demonstrates the acceptance of 3G
video callings services and the strong commitment customers have
to our technology. We foresee continued growth in 3G video
calling services and look forward to working closely with all
our partners in offering the very best 3G and IP video calling
services."
iPoint-media
has seen a growing interest in its Vitrage video calling
application platform to deliver new forms of interactive video
experiences over 3G and broadband IP. Vitrage's customers
include video service providers, mobile operators and media
companies throughout Europe and Asia Pacific.
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