Aspiro subsidiary upgrades Mobile-TV platform to support key customer's growing user base Aspiro's subsidiary Rubberduck Media Lab, a leading provider of mobile TV and video services for network operators and broadcasters worldwide, has delivered an upgraded capacity of the platform hosted in Norway for the German & Austrian markets. The agreement is estimated to be worth over 50 MSEK. The agreement is the finalization of the letter of intent that was announced in December. Rubberduck Media Lab's platform will now support multiple thousands of simultaneous users of Mobile-TV, a service which has proved to be very successful in Germany. The growing trends have been influenced by the live sporting events within the market and the launch of customised applications which enable end users to access and view the service easily. - We are very exited about the large increase in end-user demand for this service and are happy to now be able to deliver significantly increased capacity to this customer. The agreement also represents a large increase in revenues, continuing the brisk growth in our business unit Mobile TV, comments Gunnar Sellæg, CEO of Aspiro. This information is mandatory for publication by Aspiro AB (publ) pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. This information was submitted for publication at 02:00 p.m. on 16 February 2010. For more information, please contact: Kristin Breivik Eldnes Head of Corporate communications and IR Tel: +47 908 07 389 e-mail: kristin.eldnes@aspiro.com Gunnar Sellæg CEO Tel: +47 901 81 528 e-mail: gunnar.selleg@aspiro.com Aspiro in Brief Aspiro is the market leader in mobile entertainment in the Northern European region. Using Aspiro's services, users can do things like watch TV, listen to music and play games on their mobile phones. Aspiros subsidiary Rubberduck has a world leading mobile-TV solution. Aspiro is also one of the leading players in mobile marketing and mobile solutions in the Nordic countries. Services are delivered to companies such as Telenor, TeliaSonera, Tele2, 3, NRK and BBC. Aspiro was incorporated in 1998 and is a small-cap company listed on the Nasdaq OMX Stock Exchange in Stockholm. In 2008, Aspiro's sales were SEK 426 m and the company has some 140 employees. The head office is in Sweden with local presence in Norway, Sweden, Finland, Denmark, Estonia, Latvia, Lithuania and the US.
Aspiro subsidiary upgrades Mobile-TV platform to support key customer's growing user base
| Source: Aspiro AB