Scottsdale 9/17/2011 1:51:56 AM
News / Finance

TiVUS, Inc. (TIVU) Announces Expansion of Proprietary HD IPTV Solution to Resort Industry

QualityStocks would like to highlight TiVUS, Inc. (Pinksheets: TIVU). TiVUS 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.

In the company’s news yesterday,

TiVUS, Inc. announced it has begun teaming with high-end coastal resort properties to directly provide complete high-definition Internet protocol television (HD IPTV) entertainment and in-room WiFi solutions. Through the Company’s cutting-edge entertainment solutions, these remote and virtually unserved hotel resort properties can now offer guests the same technological amenities that one expects from any major property.

“From Cancun to Waikiki, remote coastal resorts attract millions of travelers to scenic vistas and exotic cultures; yet, the resort segment of the hospitality industry has long been without a complete, world-class, single-source entertainment and Internet solution for its guests,” stated Shiva Prakash, TiVUS’ president and chief executive officer. “Furthermore, television, phone, and Internet communications in these locations are spotty and oft times unreliable, if offered at all.

“With hotel room demand and rates now on the rise, we’ve been participating in advanced meetings all this week with many prominent remote resort properties and I would so far describe these negotiations as promising and productive.

“TiVUS solves the resort industry’s entertainment and connectivity problems simultaneously, anywhere on earth, using a pure IP-based satellite head-in. Feeding rich selections of worldwide programming in guests’ own language, the TiVUS HD IPTV™ solution for resorts also delivers secure, reliable broadband Internet access and interactive on-screen guest services such as ordering room service, scheduling spa appointments, and room folio access.

“Destination resorts’ haphazard access to entertainment programming and Internet connectivity vendors creates a lucrative opportunity for TiVUS and we are currently securing market share in this space as the company continues to lead the way in complete hotel HD IPTV entertainment solutions,” Prakash concluded.

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