V-Nova showcases IPTV & OTT market-ready solutions at TV Connect 2015



· IPTV & OTT experience enriched with unprecedented video performance by the award-winning V-Nova PERSEUS® compression technology

· V-Nova industry partners Atos, Dell and Wyplay expand ecosystem support for PERSEUS® compression technology.

· Market-ready IPTV & OTT solution shifts the entire video bitrate-quality curve for IPTV enabling UHD quality video at HD bitrates, HD at SD bitrates, and SD video at sub-audio bitrates.

London, April 28, 2015 – V-Nova Ltd., a leading provider of video compression solutions, announced that visitors to TV Connect 2015 (London, April 28-30) can see a live demonstration of the successful IPTV & OTT integration of its ground breaking PERSEUS® video compression technology.

The complete system brings together set top boxes of a leading European pay-TV provider with integration of V-Nova PERSEUS® on “Frog Client” middleware by Wyplay.

“The TV industry is facing unprecedented challenges as consumer expectations for high quality video constantly increase across any network to any device. TV Connect gives us a great platform to demonstrate the benefits and opportunities that PERSEUS has to offer Telcos and OTT service providers as they battle to fulfil customers’ demands, and solve fundamental problems around bandwidth and infrastructural limitations,” said Guido Meardi, V-Nova CEO & Co-founder. “The rapid deployment of PERSEUS on Wyplay solutions for the benefit of all Wyplay customers demonstrates the market-readiness and ease of adoption of our technology.”

Visitors to TV Connect can see live demonstrations of integrated PERSEUS products at:

· VisualOn (Stand: MR4) will demonstrate how its PERSEUS-powered media player provides distribution of next generation services on a wide variety of connected devices.

· Wyplay (Stand: MR32) will be showing currently implemented pay-TV technology on which PERSEUS has been integrated with its Frog Client middleware.

In the wake of a very successful NAB debut – where PERSEUS-powered products won the coveted “Best of Show” award – V-Nova brings its technology to TV Connect with an ever-growing consortium of leading industry partners.

“Dell OEM Solutions provides the infrastructure backbone and enables faster time to market for thousands of customers like V-Nova that are developing products and services that have the potential to revolutionise and make impactful changes for their own customers across developed and emerging markets. With V-Nova’s PERSEUS video compression solution, customers in a variety of industries can create, use, transfer and store dynamic video content with low latency while maintaining high quality,” states Dermot O’Connell, Executive Director and General Manager, Dell OEM Solutions EMEA.

Eric Mariette, VP Media at Atos added: “At Atos we believe that video processing and encoding solutions are key enabling components of the digital supply chain. We are delighted to partner with V-Nova in this significant area, leveraging its new and innovative encoding technology. Our customers will seize tangible benefits as reducing drastically the bandwidth required for UHD video contribution and distribution, and making SD videos deliverable also through low bitrate networks”

“We have been working for five years within a growing consortium of industry partners to enable us to offer PERSEUS to Tier 1 global Telcos and IPTV/OTT operators as a market-ready product. Since our launch on April 1, the impact of PERSEUS has seen our partner consortium grow and we are delighted by the positive reactions we have received from the TV and media industry,” concludes Eric Achtmann, V-Nova Executive Chairman & Co-founder.

PERSEUS by V-Nova is an advanced video compression technology that enables broadcasters and operators to differentiate their products, increase market penetration, and provide previously and otherwise undeliverable services. The technology was developed and tested over the past five years within a growing consortium of over 20 global industry leaders. PERSEUS enables broadcasters and operators to differentiate their products, increase market penetration, and provide previously or otherwise undeliverable services

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About V-Nova

V-Nova™ is a London-headquartered company providing advanced video and imaging processing hardware, software and embedded solutions. Its novel compression technology, PERSEUS® is based on principles underlying human vision.

V-Nova was founded in 2011 by an experienced team, including experts involved in the development of first generation codecs (e.g., MPEG/JPEG), as well as business leaders, technology finance veterans, product development and intellectual property experts. A strong global consortium comprising leading partners from multiple industries including media & broadcasting, telecommunications, hardware and consulting supports V-Nova.

V-Nova serves numerous sectors, including media & broadcasting, telecommunications, aerospace, defence, security, video conferencing, digital signage, medical imaging, telematics and video game