STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
Tilgin (STO:TILG), a leading provider of customer premises equipment (CPE) for triple play, next-generation broadband and IMS-based services, has signed a worldwide sales and marketing co-operation agreement with Nokia Siemens Networks a globally recognized system integrator regarding the sale of pre-integrated Tilgin IPTV set-top boxes to selected customers.
According to the agreement Tilgin will be promoted as a preferred supplier of Nokia Siemens, with respect to Tilgin products certified with the system integrator’s technical platform, which is known for its industry leading solution. Under the agreement, the Tilgin IPTV Mood product series will be specifically tailored for compatibility with the evolution of Nokia Siemens' technical platform end eco-partners for IPTV solutions. The agreement has an initial term of two years.
As part of the co-operation, the system integrator will promote the Tilgin IPTV solution in the context of its wider portfolio. The agreement lays the foundation for a direct co-operation between Tilgin’s sales team and Nokia Siemens' custom business teams to discuss and team up in response to sales and marketing opportunities for the Tilgin IPTV products.
The co-operation covers the Tilgin IPTV set-top box series Mood 300 and Mood 400, both of which include complete support for the latest generation of video compression MPEG-4 AVC and advanced functionality such as Personal Video Recording (PVR) and high definition TV (HDTV). The Tilgin Mood Boot Server (MBS), for remote configuration and software updating, is included as an integral part of the Tilgin set-top box solution.
The first step of the certification process between the parties will be completed by April 2008.
Ola Berglund, Tilgin CEO, comments: “The fact that a leading system integrator like Nokia Siemens Networks has selected Tilgin as a preferred IPTV set-top box solution supplier confirms our position as a reliable supplier of this type of solutions. Key factors in the decision to select Tilgin were our innovation capabilities and the roadmap marked out for the joint collaboration as well as. Tilgin’s proven place in the CPE and IMS industry and a significant installed base were critical factors. The co-operation confirms the value of our business strategy and the quality and flexibility of the products”.
This press release has been reported to the Swedish Financial Supervisory Authority subject to FFFS 2007:11
Tilgin designs and delivers premier IP customer premises equipment (CPE) for advanced Triple Play and IMS-based services. Supporting the full convergence of voice, video and data, Tilgin takes a network systems approach to CPE that enables service providers to offer a broad range portfolio of innovative and competitive broadband services. Tilgin's comprehensive product portfolio of IP home gateways, set-top boxes and related management applications, offers service providers unprecedented return on investment - delivering new service revenues and impressive cost savings over the lifetime of the product. Tilgin was founded in 1997 under the name i3 micro technology and listed on the Stockholm Stock Exchange on the Nordic List as of December 2006. It is headquartered in Kista, Sweden, with European sales representation in France and Germany. www.tilgin.com
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