Digital Utilities Ventures to Partner with Gapsoft As Gateway To Asian Hotel Market
Goal is to Enhance VOD, IPTV and Other IP Services to Industry
Miami, FL – July 24, 2009
Digital Utilities Ventures, Inc. (Stock Symbol: DUTV), an innovator in over the IP video transport systems with its breakthrough New Last Mile Platform, announced today that it is in partnership discussions with the Korean-based Gapsoft Corporation to offer key hotel markets in Japan, Korea and Singapore enhanced IP-based Entertainment products such as Internet on the television, movies, concerts, and classic TV on Demand using DUTV’s New Last Mile as the transport vehicle.
The New Last Mile uses an Internet based platform to deliver its TV programming. Ventures can deliver live programming of broadcast quality from anywhere in the world over the Internet directly:
- To TV sets without the aid of computers (IP ready) by simply piggybacking on existing broadband connections
- To cell phones worldwide via WIFI and Mobile Telephone Switching Office (MTSO) 3G networks and the emerging next generation 4G WIMAX
- All using under 1 megabit of the Internet as the backbone to the television set and 150 kilobits to the cell phone
In effect, creating the first global “Virtual Cable Network™”
“This is a major benefit to hotel operators”, said Garry McHenry, President of Digital Utilities Ventures (DUTV), “since they can upgrade their property utilizing existing cabling, significantly enhancing per room revenues, while improving guest experience with large screen TV viewing of Internet content such as YouTube, along with a broad selection of other entertainment properties.”
Chan Lee, CEO & Business Development Director of Gapsoft said, “We are looking forward to working with DUTV”. “Together, we can integrate Internet transported video content sources vastly increasing the entertainment choices for hotel viewers.”
About Gapsoft Corporation – Founded in 2003, Gapsoft is headquartered in Korea. The company provides IPTV solutions for In-Store IPTV & Hotel IPTV markets via a broad range of middleware products and services.
About Digital Utilities Ventures, Inc. – Digital Utilities Ventures is an intellectual property company and advanced technology incubator incorporated in the State of Delaware in June 2006. The Company was formed to manufacture and market its innovative, Internet to TV and Cell Phone Communications System for the domestic and international Quad-Play/Convergence services industries. The Company went public on March 26, 2009.
For further information contact:
Digital Utilities Ventures, Inc
Phone: (561) 424-1965
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