ST. LOUIS - August 4, 2021 Vubiquity, part of the Amdocs (NASDAQ: DOX) Media Division and one of the leading global providers of premium content services and media technology solutions, today announced it has been selected by ocilion, an IPTV provider and content specialist serving the German-speaking market, to provide content for 50-plus telecommunication operators across Germany, Austria, Switzerland, Liechtenstein and Luxembourg. Vubiquity will provide a wide selection of premium film and TV content available to rent or buy, in the highest quality - Ultra HD (4K) - hosted and served from Vubiquity's Content Cloud platform.
Under a new five-year, expanded agreement with ocilion, Vubiquity will provide a full end-to-end content management service including licensing, processing, delivery and workflow management.
"As we expand our offering across different countries in the German-speaking market, we need to seamlessly and cost-effectively serve these new partners, and provide more comprehensive 'rent or buy' services via VOD and electronic sell through (EST), and in the highest quality, Ultra HD (UHD)," said Hans Kühberger, ocilion's founder and managing partner. "With its simplified cloud-based workflows and instant access to content catalogues from major and indie studios, Vubiquity's Content Cloud will enable us to broaden our content offering in a way that meets the needs of a very competitive market."
Darcy Antonellis, Head of Amdocs Media, said: "We are very pleased to expand our relationship with ocilion and to support their goals of expanding their media and entertainment offerings to their customers. By providing ocilion with a comprehensive managed service, the focus will be simplification of the distribution and the monetization process as ocilion continues to deliver a compelling experience to its audience - now and in the future."
Amdocs' purpose is to enrich lives and progress society, using creativity and technology to build a better connected world. Amdocs and its 27,000 employees partner with the leading players in the communications and media industry, enabling next-generation experiences in 85 countries. Our cloud-native, open and dynamic portfolio of digital solutions, platforms and services brings greater choice, faster time to market and flexibility, to better meet the evolving needs of our customers as they drive growth, transform and take their business to the cloud. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $4.2 billion in fiscal 2020. For more information, visit Amdocs at www.amdocs.com.
Amdocs' Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs' growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs' ability to grow in the business markets that it serves, Amdocs' ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in Amdocs' filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2020 filed on December 14, 2020 and our Form 6-K furnished for the first quarter of fiscal 2021 on February 16, 2021 and for the second quarter of fiscal 2021 on May 24, 2021.
About ocilion IPTV Technologies GmbH
Since 2004 the IPTV specialist ocilion is developing tailor-made complete IPTV solutions for service providers and network operators as well as for the in-house sector - from hotels to hospitals to stadiums. As a leading B2B provider in German-speaking countries, ocilion serves more than 80 network operators and has realized more than 150 in-house installations. Network operators have the choice between an on-premises installation and a comprehensive cloud service. All dedicated to providing state of the art entertainment including live TV, replay and on-demand content on all screens.
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