AMINO PASSES MILESTONE OF 2M

RNS Number : 5971M

Amino Technologies PLC

02 February 2009

 



2 February 2009

Amino Technologies plc

('Amino' or 'the Company') 

AMINO PASSES MILESTONE OF 2 MILLION UNITS SOLD GLOBALLY

Amino Communications, the world leading IPTV platform supplier, announced today that it has sold its two millionth AmiNET™ set-top box (STB). 

Since launching its first product to the market in 2002, Amino has developed a range of STBs to meet growing global demand for IPTV from network operators, hospitality and enterprise markets. 

This important milestone was reached in December when Amino shipped its latest product from the AmiNET range to a distributor in the burgeoning Russian market, bringing Amino's product range to over 80 countries. This caps an award winning year for Amino - its recently launched AmiNET130M won 'Best in Show' at the Telco TV industry event in USA and a 'Good Design' Award from the Chicago Athenaeum Museum.

'Reaching the two million milestone is a strong vindication of Amino's leading product range.' said Andrew Burke, CEO of Amino. 'We now have deployments in over 80 countries worldwide with customers selecting our products because of a powerful combination of advanced functionality, competitive pricing and award-winning design. As the world of IPTV evolves, Amino continues to innovate and develop its position at the leading edge of the industry.'

Amino has increased both the scope and scale of its business in the last 12 months with the acquisition of digital content management company, AssetHouse and Tilgin’s IPTV division. With the addition of Tilgin’s Mood brand to the product range, Amino now has over 2.5 million STBs in the market.

For further information please contact:

Amino Technologies:	[phone]
Keith Todd, Chairman	www.aminocom.com
Andrew Burke, Chief Executive
Stuart Darling, Chief Financial Officer
Financial Dynamics:	[phone]
James Melville-Ross /Nicola Biles
KBC Peel Hunt Ltd:	[phone]
Julian Blunt

About Amino Communications:

Amino specialises in digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution.

Amino's range of software and set-top box systems can be tailored for telecom, broadcast and hospitality firms to offer highly scalable and targeted services. The award-winning AmiNET™ and Mood range is used by leading service operators in over 80 countries. 

Amino's 'AssetHouse' technology opens the door for content producers, telecoms companies, broadcasters and web TV firms to maximise opportunities through better services, targeted content and greater choice. It takes IPTV to the next level by allowing clients such as BT Vision to think like retailers and package, personalise and refresh extra revenue-generating services to viewers.

Amino Communications and AssetHouse are wholly owned subsidiaries of Amino Technologies PLC. Listed on the London Stock Exchange AIM, symbol AMO. Amino's HQ is based near Cambridge, UK, with offices in the US, China and Sweden.

www.aminocom.com, www.assethouse.com 

 

END

 

 

NRABCGDBBGXGGCG