PeerTV, the TV over the OTT technology solutions provider, has received the first order for its latest quad core High Efficiency Video Coding (HEVC) standard set top boxes from Russian specialist pay per view TV operator Kartina in a deal expected to be worth approximately $1.2 million.
The new technology will mean content can be streamed using 50 per cent of the bandwidth previously required for H264 technology. Significant enhancements to transmission quality have also been achieved.
Kartina and PeerTV will now work jointly on a plan to adapt the STBs to meet the requirements of Kartina’s platform. The last time PeerTV and Kartina embarked upon a similar programme of development and testing, Kartina reported customer feedback and results exceeded expectations.
PeerTV CEO Avi Vermus comments, “We are delighted by this vote of confidence in our latest quad core H265 set top box. We will now begin developing and testing this to meet Kartina’s individual requirements. This additional order marks an important step in the development of our OTT TV business and our ability to deliver solutions to Telcos and TV companies wishing to enter the OTT space.”