"We are very excited about 4oD, our new Video on Demand (VoD) service, which allows Channel 4 to make all its home-grown programming available on an on-demand basis," said Andy Taylor, Managing Director for New Media at Channel 4. "By providing the critical infrastructure to make 4oD possible, VeriSign powers the network to offer our distinctive, high-quality programming to a broadband audience. Since the platform launched, the technology is delivering on this promise."
VeriSign's intelligent infrastructure allows content owners such as Channel 4 to offer viewers secure, reliable and on-demand access to their library of video and music content. As the global popularity of online video increases, content owners and providers are constantly searching for the most cost efficient, reliable and secure way to make their content available to a growing number of viewers hungry for on-demand content. With a legacy in internet security, VeriSign enables Channel 4 to legitimately distribute their copyrighted content with full digital rights management, at a lower cost and higher quality.
"We are delighted that Channel 4 has selected VeriSign's Kontiki Broadband Delivery Service to satisfy its network's growing need to supply their audience with a cost effective way to access on-demand video content," said Scott Sahadi, vice president for VeriSign Broadband Delivery Services. "We look forward to further enhancements to our broadband delivery services, making the capability even more accessible to content owners and providers everywhere."
VeriSign's Kontiki secure peer-to-peer broadband technology enables content owners and providers to keep pace with the growth in Internet video consumption and allows them to deliver a high quality consumer experience through a cost effective, secure and proven managed service.
Channel 4, is one of the first major broadcasters to make all its commissioned content available on-demand. Its recently launched 4oD service enables users to catch up on popular network programs such as "Ramsay's Kitchen Nightmares" and "Deal or No Deal" online for up to 30 days after their first televised transmission.
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VeriSign, Kontiki and other trademarks, service marks, and logos are registered or unregistered marks of VeriSign, Inc. and its subsidiaries in the United States and in foreign countries. Copyright © 2006 VeriSign, Inc. All rights reserved.
Statements in this announcement other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve risks and uncertainties that could cause VeriSign's actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, the uncertainty of future revenue and profitability and potential fluctuations in quarterly operating results due to such factors as the inability of VeriSign to successfully develop and market new products and services and customer acceptance of any new products or services, including VeriSign's Kontiki Broadband Delivery Service; the possibility that this service may not result in additional customers, profits or revenues; and increased competition and pricing pressures. More information about potential factors that could affect the company's business and financial results is included in VeriSign's filings with the Securities and Exchange Commission, including in the company's Annual Report on Form 10-K for the year ended December 31, 2005 and quarterly reports on Form 10-Q. VeriSign undertakes no obligation to update any of the forward-looking statements after the date of this press release.