Zodigo Spins off from Zodiac Interactive

VALLEY STREAM, N.Y.--(BUSINESS WIRE)--Zodiac Interactive, a multiple Emmy-nominated and Emmy award-winning developer of software for interactive television, today announced it has sold its subsidiary, Zodigo^TM, a new mobile content search engine, in a management buy-out, led by Matt Johnston, formerly Zodiac’s SVP of strategy and Zodigo’s CEO.

“This is a very good move for Zodiac Interactive and Zodigo. The proliferation, breadth and depth of mobile content is enormous, and it will continue as more people rely on their mobile phones for entertainment and mobility in the workplace,” said Alex Libkind, Zodiac’s founder and Chief Operating Officer. “Although, our technologies can be complimentary, Zodiac is focused on Interactive Television 2.0 applications and entertainment, and we need to continue to focus on Interactive Television as it moves from native to On Ramp to OCAP/tru2way. We will continue to support the demand from operators for the next level of interactivity and entertainment from TV subscribers. Whereas Zodigo is very mobile centric and requires a team that can focus specially in this area, which is quickly becoming one of the fastest growing markets in the world. We launched Zodigo as a subsidiary just a few months ago, and we’re pleased the company has already reached this point."

“We recognized the explosion the mobile market is facing today, and will continue to face as more and more people rely on their mobile phones and portability to stay connected, personally and professionally,” said Matt Johnston, Zodigo’s CEO. “Mobility is not a trend; it’s the future. In order for Zodigo to be truly successful as the prominent source for mobile content discovery, it needs to be a complete entity and focus solely on the mobile content sector, which is huge and continuing to grow rapidly. With this move, we believe that Zodigo will have all the opportunities to become the #1 place where people can easily find and download exciting new content for their mobile devices.”

About Zodigo

Zodigo, the only cross-platform mobile content discovery solution, gives consumers a much better mobile phone shopping experience, from anywhere. Zodigo makes it easy for consumers to discover and download mobile content instantly to their mobile phones, either from their TV, PC, DVD or gaming console. Zodigo is an intelligent system that quickly and automatically learns about users’ preferences and their mobile phone types, and recommends content by like-minded people. For more information, visit www.zodigo.com.

About Zodiac Interactive

Zodiac Interactive, the Interactive Television 2.0 Company™, is a multiple Emmy-nominated and Emmy award-winning developer of software for interactive television. The company also runs one of the world’s premier studios for interactive television games and applications. For more information, visit www.zodiac.tv.