MobiTV Now Serves More Than Three Million SubscribersMonday, October 22nd, 2007
Phenomenal Growth Continues as Leading Mobile and Broadband Television Provider Now Serves One Million Additional Subscriptions in Six Months
Newly Appointed CEO, Charlie Nooney Named Chairman of MobiTV Board of Directors
SAN FRANCISCO — CTIA WIRELESS I.T. & ENTERTAINMENT — MobiTV, Inc., the leader in mobile and broadband entertainment services, today announced the Company has surpassed three million subscriptions for its services worldwide; adding one million in six short months. Also announced today, the MobiTV board of directors has appointed Charlie Nooney, the Company’s new CEO, as chairman effective October 15th, 2007.
“After a very short time in my role as MobiTV’s new CEO and chairman, I’m proud to announce such a significant milestone on behalf of the Company,” said ooney. “MobiTV’s persistence and innovation has single-handedly advanced awareness and demand for on-the-go programming and viewing. It’s inspiring to see this level of growth and demand, but most importantly that consumers rely on our services for their mobile entertainment and informational needs.”
Offering both branded and white labeled services to more than 20 operators internationally, with more than 100 channels and unlimited capacity, live, video-on-demand, primetime and made-for-mobile or broadband programming, the largest collection of supported mobile and broadband-enabled devices, and the industry’s first truly interactive advertising platform, MobiTV is more than a mobile television Company. MobiTV is convergence.
MobiTV is network agnostic and well positioned to support the network standards our carrier partners choose to deploy, including nearly all of the existing operator networks available today. The Company maintains extremely high quality video, running live television direct from the networks at up-to full NTSC resolution and as high as 30 frames-per-second.
“Not only are we experiencing phenomenal growth in new subscriptions, we’ve also seen growth in viewing time for new and existing users, which is a huge indicator of what’s to come,” said Paul Scanlan, president and co-founder of MobiTV. “We’re at the beginning of an incredible shift in how, where and when people consume media and MobiTV is the best delivery platform for our carrier and content partners as they work to create new experiences and fully monetize this incredible growth.”