SIVOO Holdings, Inc. (OTC: SIVO), operator of the first Internet TV network of multicultural on- demand entertainment programming, today announced a content distribution agreement with Azureus to release content on its video sharing site, Vuze (http://www.vuze.com), a premier broadband distribution platform that enables a global community to share and discover unique high quality content. With a fast growing global audience of millions of active users, Vuze already attracts a multicultural audience with its unique content from both large and small content owners around the world.
As part of this new agreement, SIVOO will initially provide Azureus with 24 hours of Chinese, Spanish and Hindi language on-demand entertainment programming, including popular professionally produced movies, Bollywood films, telenovelas, TV episodes, sports and comedy shows. SIVOO will provide 15 additional hours of programming every month. Azureus will publish the SIVOO content as a SIVOO-branded channel on its Vuze digital platform, which has drawn more than four million unique viewers worldwide since its commercial launch in April 2007.
"SIVOO offers some of the most sought after in-language content from the top producers of content around the globe," said Daniel Leon, vice president of content and business development at SIVOO. "By partnering with Azureus, we're creating new opportunities for viewers to connect with their culture and enjoy high-definition entertainment in their living room - on their own schedules."
"Partnering with SIVOO allows us to provide even more options for our users with top quality multicultural entertainment," said Gilles BianRosa, CEO, Azureus. "SIVOO has an impressive catalog of foreign-language content that we believe will resonate with our millions of global users and create new opportunities to connect with others that share similar interests."
Vuze's user interface allows viewers to easily browse and discover content based on category, program length or popular tags. Viewers can easily access SIVOO content at the following URL on Vuze: http://www.vuze.com/content/BrowseChannels.html. For more information or to experience SIVOO, please visit http://www.sivoo.com.
About SIVOO
Founded in 2000, SIVOO Holdings, Inc. (OTC: SIVO) operates the first Internet TV network of multicultural on-demand entertainment. It serves the fastest growing segments of the U.S. population with more than 22,000 hours of quality on-demand content under contract that is delivered through an Internet browser to PCs, televisions, portable devices and mobile phones.
Only SIVOO gives consumers the choice of watching ad-supported on-demand multicultural entertainment for free or without ads for a nominal fee. SIVOO's proprietary system currently serves video through Microsoft Windows Media Player via any Web browser.
SIVOO is headquartered in Philadelphia, PA, and has a production facility in Universal City, CA. For more information, visit http://www.sivoo.com.
About Azureus Inc.
Azureus Inc. is the provider of the most popular P2P application for the transfer of large media files. With more than three years of technology innovation, proven robustness, and more than 140 million downloads of its application, Azureus users connect with one another from more than 100 countries and 40 languages.
Today, Azureus operates Vuze, a leading global video aggregation and distribution platform driven by the exchange of long-form, High Definition or DVD quality videos, as well as licensed digital content from leading media companies. The company has recently announced content partnerships with A&E Networks (including A&E, The History Channel and The Biography Channel), BBC Worldwide, Bennett Media Worldwide, G4 TV, Geneon Entertainment, Ministry of Sound TV, National Geographic, Showtime and Starz Media.
The new commercial-grade platform is supported by powerful peer-sharing technology, enabling its vast global community the ability to browse, share, search and discover unique multimedia entertainment in a high-resolution format. Visit http://www.vuze.com for more information.
SIVOO is a trademark of SIVOO Holdings, Inc. All other trademarks are the property of their respective owners.
SAFE HARBOR STATEMENT
The statements contained in this press release that are not historical facts are forward-looking statements based on current expectations of future events that involve risks and uncertainties including, without limitation, risks associated with the inherent uncertainty of the timing and success of high technology hardware and software research; new product development; the market pricing of media content and related products and services; changes in consumer demand for Internet access to media content, commercialization of new products and services; Internet or network outages or failures; breaches of Internet, network, or system security; changes in network infrastructure, transmission methods and broadband technologies; adoption of new broadband Internet access technologies; economic conditions including interest and currency exchange rate fluctuations; changes in generally accepted accounting principles; the impact of competitive products or services; trade buying patterns; wars or terrorist acts; product liability and other types of lawsuits; the impact of legislation and regulatory compliance; and patent, licensing, and other intellectual property risks and uncertainties. Actual results may vary materially from the forward-looking statements. The Company assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. When used in this release and documents referenced, the words "believes," "expects," "may," "should," "seeks," or "anticipates," and similar expressions as they relate to SIVOO or its management are intended to identify such forward- looking statements.
Media Contacts: Investor Contact:
Jessica Grutkowski Amy Glynn
Euro RSCG Magnet for SIVOO Cameron Associates for SIVOO
212-367-6804 212-554-5464
sivoopr@eurorscg.com amy@cameronassoc.com
Michelle Rudolph / Laura Lazear
mPRm Public Relations
mrudolph@mprm.com / llazear@mrpm.com
323-933-3399