MobiTV Awards
PRESS COVERAGE / PRESS RELEASES / AWARDS
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Revolutionary MobiTV Service Receives Frost & Sullivan Product Innovation Award for Mobile Wireless Consumer Market
Las Vegas, Nev. September 22, 2004 At this
evening’s Excellence in Mobile Communications Awards
Banquet in Las Vegas, Nevada, Frost & Sullivan will present
MobiTV, Inc. with the 2004 Mobile Wireless Consumer Product
Innovation Award for MobiTV, the company’s pioneering
subscription service that delivers live streaming television
content to mobile phones.
In the short period since its nationwide launch in November 2003, MobiTV
has made a name for itself as the only live television streaming media
product currently available in the U.S. market.
“Despite being a relatively new market, initial feedback suggests that
MobiTV is a viable and profitable business model,” said Frost & Sullivan
industry analyst Mukul Krishna. “Frost & Sullivan expects it to be
one of the fastest revenue-generating applications for the consumer wireless
market in the near future.”
Based on MobiTV’s Far Reach technology platform, MobiTV was
specifically designed to satisfy the demand for live streamable content
from more than 150 million wireless subscribers in the United States
alone.
Currently available at a competitive price of $9.99 a month on the Sprint
PCS Vision network, MobiTV subscribers can view a host of 20 popular
news, sports and entertainment channels such as MSNBC, CNBC, NBC (Mobile),
ABC News, CNET, Fox Sports, and The Discovery Channel.
MobiTV currently supports more than 20 different phone models and is
Java- and BREW-compatible for easy integration and launch. MobiTV’s
development team is working to take this service to the next level through
higher frame rates, enhanced picture quality, and expanding the base-channel
line-up.
MobiTV’s insight in identifying the unmet needs of mobile subscribers
and developing a pioneering product that bridged the media and wireless
telecom industries made it the first company to introduce a live television
streaming media product on a nationwide basis.
Held in Las Vegas, Frost & Sullivan’s 2004 Excellence in Mobile
Communications Awards Banquet honors world-class companies for outstanding
performance and achievements in wireless and mobile strategy, technology,
platforms, and services. An annual event, the awards ceremony recognizes
the quality and merit of distinguished individuals and companies.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company founded in 1961,
partners with clients to create value through innovative growth strategies.
The foundation of this partnership approach is our Growth Partnership
Services platform, whereby we provide industry research, marketing strategies,
consulting and training to our clients to help grow their business. A
key benefit that Frost & Sullivan brings to its clients is a global
perspective on a broad range of industries, markets, technologies, econometrics,
and demographics. With a client list that includes Global 1000 companies,
emerging companies, as well as the investment community, Frost & Sullivan
has evolved into one of the premier growth consulting companies in the
world.
Contact:
Stacie Jones
210.247.2450
Stacie.jones@frost.com
About MobiTV
MobiTV, Inc. is the developer of MobiTV, a global television network
that delivers live TV broadcasts, and on-demand multi-media to mobile
phones. Launched in November 2003 and available to Sprint PCS Vision
subscribers, MobiTV is one of the fastest selling products being sold
today for cell phones. By developing relationships with major networks
and content partners as well as proprietary technology that can efficiently
bridge both wired and wireless networks, MobiTV has become a key player
in the development and delivery of products and infrastructure technologies
to wireless network operators today.
Founded in 1999, MobiTV, Inc. is a privately held company headquartered
in Berkeley, CA. For more information on the company, its products or
technology, visit www.mobitv.com or www.mobitv.com.