NxTV, Inc. Launches New HDTV Entertainment Technology at HITEC 2005
LOS ANGELES, Jun 20, 2005 (BUSINESS WIRE) - NxTV Inc., the leading provider
of digital IP-based entertainment and data services to the luxury hotel market,
today announced that it will launch its new High Definition set-top-box at HITEC
2005, being held in Los Angeles. The new HD STB will display High Definition
video-on-demand movies from major Hollywood studios and other content sources,
plus Satellite and Cable HDTV programming. The company will begin rollout in
July 2005.
To enhance in-room interior design, the company's new HD STB has been developed
to operate quietly, be hidden some distance away from the flat-panel TV, and
deliver superior performance and reliability packaged in a compact form-factor.
A built-in MPEG 1/2/4 hardware video decoder, complemented by a GHz processor,
handles HD resolutions up to 1080i or 720p and supports a compelling graphical
user interface. An HDMI video-out port supports HDCP for digital copy protection.
The STB supports video-on-demand delivery of encrypted HD content over the same
IP network infrastructure used to provide other broadband services, and can
be configured with an ATSC/NTSC/PAL tuner capable of tuning off-air HDTV programming
from Satellite or Cable TV providers.
"As a single source entertainment provider, more and more hotel customers
are looking to us to provide a technology platform that supports all future
developments such as HDTV," said James Miles, NxTV's President & CEO.
"We are therefore delighted to announce the launch of our new HD technology,
which together with the introduction by hotels of more in-room flat panel TVs,
will certainly enhance the overall guest experience."
NxTV is the leading IP provider in HD & Digital television-centered entertainment
and data services, with over 25,000 luxury rooms worldwide at hotels including
St. Regis, W, Peninsula, Four Seasons, Le Meridien, and JW Marriott. NxTV, Inc.
is headquartered in Los Angeles and has offices in Las Vegas, Dallas, Orlando
and Hong Kong, with New York and Chicago opening by the end of 2005.
The company will also be launching several other new development initiatives
at this year's HITEC show, including VoIP services,
HD Cable TV as well as a brand new Guest Interface and Universal remote control.
All services will be fully integrated with both Plasma and LCD flat-panel TVs
with LG, Panasonic, Philips and Sony brands on display. The show, held in Los
Angeles, will run from June 20th to June 23rd. NxTV can be found at Booth 725.
About NxTV, Inc.
Founded in 1997, NxTV is the leading provider in HD and digital television-centered
entertainment and data services, with over 25,000 luxury rooms both in the United
States and internationally. NxTV gives the hotel owner a high-definition system
that enables a flat panel TV to deliver the guest a totally interactive and
dynamic experience, which adds guest value and drives the bottom line. The digital
IP-based system can deliver entertainment & data services to the guestroom
over a CAT5/6 Ethernet environment or a CAT3 telephone network. The company
has digital rights agreements with all of the Hollywood studios for both domestic
and international distribution. NxTV is owned by the Pivotal Group, an investment
company with an aggregate investment value of $1.5 billion in real estate, hotel
and technology including the Century Plaza Hotel Los Angeles, The Promontory
in Salt Lake City and Internet domain registrar company Network Solutions, Inc.
which Pivotal recently purchased from VeriSign, Inc. (VRSN). For more information,
please visit www.nxtv.com.
SOURCE: NxTV Inc.
NxTV, Inc.
Richard Jenkins
818-737-8201
rjenkins@nxtv.com