Motive TV signs software contract with SkyworthThursday, April 17th, 2014
Integration of Motive Technology into Set-Top Boxes for South African Project
LONDON — Motive Television plc announces that its 100 per cent owned subsidiary, Motive Television Services Limited (“Motive”), has today signed a Software Development License Agreement with Shenzhen Skyworth Digital Technology Co Ltd (“Skyworth”), a leading technology manufacturer that will be supplying set top boxes in support of the Siyaya DTH services.
This relationship between Motive and Skyworth was referenced in the announcement on 27 March 2014 regarding Motive’s project with Siyaya Free To Air TV (PTY) Ltd. of Johannesburg, South Africa.
Under this agreement, Motive will receive an SDK Licensee Fee, a Certification Fee for each model of device, and royalty fees based on the number of units manufactured. All these fees will be paid to Motive under its agreement with Siyaya that was signed and announced on 30 December 2013.
Skyworth Digital Technology is the largest manufacturer of set top boxes in China, with an annual sales volume over 10 million units and is ranked first in its domestic market in China and fifth in the global set-top box business.
Leonard M Fertig, CEO of Motive Television plc, commented, “The completion of this licensing agreement with Skyworth is another milestone in the progress of both the Siyaya project and in the development of Motive’s Content Express™ business. Having Motive’s technology integrated into the set-top boxes of a major manufacturer such as Skyworth is a big step forward for the Company.”