TORONTO, ONTARIO — (Marketwired) — 12/09/14 — TransGaming Inc. (TSX VENTURE: TNG) today announced the availability of its on-demand gaming platform GameTree TV to pay-TV operators worldwide. In partnership with ActiveVideo, GameTree TV will be added to ActiveVideo–s CloudTV software platform, seamlessly integrating premium gaming titles into pay-TV operator–s content offerings.
TransGaming–s GameTree TV games service complements operators– current entertainment portfolios and allows them to provide greater value while also creating new revenue generating opportunities. Leveraging ActiveVideo–s long time leadership in the delivery of cloud gaming to pay-TV operators obtained through set-top box virtualization, TransGaming can accelerate its market opportunity by delivering HTML5 games to any set-top box or connected device. ActiveVideo–s CloudTV platform has delivered over 1/2 Billion game sessions through a legacy platform with engagement times typically reaching up to 30 minutes per session.
“This strategic partnership with ActiveVideo is an important milestone in the broad scale delivery of video games through TransGaming–s GameTree TV platform since it immediately brings us many major operator opportunities,” said Vikas Gupta, CEO & President, TransGaming. “We–ve already successfully integrated GameTree TV with CloudTV which means operators can easily activate our gaming service. This allows all parties to begin generating new revenue opportunities quickly and easily.”
“With rapid evolutions in device ecosystems, fragmentation in new or existing set-tops has historically prevented pay-TV operators from monetizing gaming opportunities at scale,” said Murali Nemani, CMO, ActiveVideo. “CloudTV introduces a new paradigm that unlocks the global potential of rich HTML5 casual gaming libraries on any STB or connected device, regardless of local device resources.”
Operator deployments are expected to commence in early 2015 and continue throughout the year with existing ActiveVideo customers representing more than 15 million set-top boxes and connected devices. The revenue model will range from subscription to OEM based fees.
About ActiveVideo
ActiveVideo® is the developer of CloudTV, the only cloud-based software platform that enables service providers, content aggregators and CE manufacturers to virtualize CPE functions in the cloud for the purposes of delivering next-gen user interfaces, online content, and interactive advertising for TV to millions of set-tops and connected devices. Using a “write once, deploy everywhere” approach, CloudTV eliminates the need to write content services, advertising and T-commerce applications for countless device makes and models, resulting in lower operational cost and faster time to market. ActiveVideo is based in San Jose, CA, with offices in Los Angeles and Hilversum, the Netherlands. Visit us at or follow us at .
About TransGaming
TransGaming Inc. (TSX VENTURE: TNG) is the global leader in developing and delivering platform-defining social video game experiences to consumers around the world. From engineering essential technologies for the world–s leading companies, to engaging audiences with truly immersive interactive experiences, TransGaming fuels disruptive innovation across the entire spectrum of consumer technology. TransGaming–s core businesses span the digital distribution of games for Smart TVs, next-generation set-top boxes, and the connected living room, as well as technology licensing for cross-platform game enablement, software 3D graphics rendering, and parallel computing. Discover more at: .
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Contacts:
PR Contact
Sean Karoonian
TransGaming Inc.
Director of Marketing
+1-416-979-9900 x 395
Investor Relations Contacts
Jean-Francois (JF) Dube
Investor Relations – Canada
+1-855-630-8475
Glen Akselrod
Investor Relations – United States
Bristol Capital
+1-905-326-1888
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