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MEDIA RELEASE - 2 December, 2002

itv|world announces International Software Development Initiative

Sydney based company itv|world announces recommitment to international growth of its software development business.

SYDNEY, Australia - 2 December, 2002 -- itv|world, a Sydney based software developer and specialist provider of digital media technology solutions expects its international business to grow 100 percent next year, powered by opportunities in the digital media sector.

This positive outlook came on the back of recent development projects secured with a major broadcaster in the UK as well as Australian pay-TV operator Austar.

The TV Program Guide, launched by the Seven Network during September on channel 77 on the digital FTA network, was also developed by itv|world's team using the RTX technology from Inscriber. Used by large organisations such as CNN, the technology enables the customer to create a computer generated TV channel.

"We have received a strong response from many of the world's leading networks and broadcasters, which is particularly encouraging" said itv|world's founding CEO Mr Jason Romney. "Itv|world has continued to make progress in developing and focusing its businesses against a background of tough market conditions and a significant portion of our resources are now being focused on International software development and licensing" said Mr. Romney. "Specifically, opportunities will come from companies looking for high quality, specialised media technology software developed within predictable timelines and at low cost - particularly in a live-to-air environment" said Mr. Romney.

itv|world has a combined experience of more than 50 years in software development working internationally for network providers, broadcasters and telcos.

"itv|world's software development team uses best-practice processes applying the Rational Unified Process as a base with a strong influence from the latest thoughts defined in Agile Processes like eXtreme Programming. We customise and apply these methods and processes depending on the nature of each project. The goal of our process is to ensure the production of high-quality software that meets the needs of its end-users, within a predictable schedule and budget." said itv|world's CTO, Mr Patrik Molander.

The team at itv|world hosts experts in the areas of scheduling, automation, content management, workflow, iTV compliance testing tools and processes, rights management, EPGs and Meta data, RTX Inscriber, Interactive TV Broadcasting protocols and Broadband Internet solutions.

For further information, an interview or visuals please contact:
Charlotte Faunce
Media Relations
itv|world
Phone: + 61 2 9288 4711
Mobile: + 0407 009217
charlotte.faunce@itvworld.com

 

About itv|world

Based in Sydney, Australia, itv|world has established itself as one of the region's leading interactive media technology companies, specialising in innovative technology solutions for broadband network operators, pay-TV companies and terrestrial broadcasters wishing to generate revenues from the delivery of interactive services.

Drawing upon the international expertise of a product team of senior software engineers and managers, itv|world's products are developed in consultation with network operators and broadcasters around the globe.

In May 2001, itv|world received a $1.35million R&D Start grant from the Australian Government's AusIndustry program, boosting development of the In|Orbit Service Management System for iTV. Assisted by a further Federal Government COMET (Commercialisation of Emerging Technology) grant, commercialisation activities have been undertaken including technical and commercial trials with leading network operators.

Additional information about itv|world and In|Orbit please visit www.itvworld.com