NxTV Celebrates Significant Milestone in the Luxury Hotel Market
LOS ANGELES, March 23, 2004 - NxTV, Inc., the leading provider of digital IP-based
entertainment solutions to the luxury hotel market, recently announced that it
has reached a significant milestone with over 5,000 luxury hotel rooms now under
contract.
The company has recently signed agreements with some of the World's leading
upscale hotel brands such as Omni Hotels, Four Seasons, Le Meridien and St.
Regis to provide digital entertainment services for some of their key properties
"Our upscale clients demand the most advanced in-room entertainment offerings
for their discerning customers. NxTV provides these four- and five-star guests
with the latest technological capabilities they enjoy at home and have come
to expect in a luxury hotel experience," commented James Miles, President
& CEO, NxTV, Inc. "We are delighted to reach 5,000 rooms under contract
for the upscale hotel market as this is a true reflection of the quality that
NxTV provides."
NxTV, an IP-based interactive television system, delivers digital video-on-demand
with PVR features such as fast-forward, pause, rewind and 24-hour save capability,
high-speed Internet connectivity for both TV and Laptop,
e-mail messaging, branded hotel portal services, and satellite TV programming
via DirecTV.
The company has digital rights agreements with the major Hollywood studios including
Paramount, Disney, New Line Cinema, MGM, Universal Studios, Warner Brothers,
Miramax, DreamWorks, Dimension, Twentieth Century Fox, Hollywood Pictures, Touchstone
Pictures and the Independent Film Channel.
Founded in 1997, NxTV represents a quantum leap in television-centered entertainment
and information technology, empowering the hotel owner with a digital system
that transforms the ordinary TV into an interactive, dynamic, and profitable
asset. The digital IP-based system can deliver entertainment services to the
guestroom over both a CAT5 Ethernet environment and a CAT3 telephone network.
For more information, please visit www.nxtv.com.SOURCE: NxTV Inc.
NxTV, Inc.
Richard Jenkins
818-737-8201
rjenkins@nxtv.com