SOURCE: Tivus, Inc.
OMAHA, NE–(Marketwire – September 17, 2010) – Tivus, Inc. (
“The five-year contract provides the hotel with four terminals displaying advertisements of local businesses, tourists attractions, hotel promotions and amenities, instant weather forecasts, and instant flight information from Eppley Field streamed live to the hotel,” commented Shiva Prakash, Tivus’ president and chief executive officer.
Tivus’ entirely new paradigm bears no installation costs or monthly fees to the hotel and shares revenues from targeted advertisements of valuable, guest-friendly “virtual concierge” services available 24/7 to guests.
“I further believe the hotel’s five-year commitment, signed earlier this year, offers proof-positive Tivus’ ‘no-cost-install-and-it-pays’ business model continues to be firmly embraced by the industry. Hotels recognize Tivus’ digital signage revenue is significant, and these funds can greatly enhance the bottom line of any hotel property — a win-win situation, indeed.
“Over the life of the contract, gross revenues of approximately four-hundred thousand dollars will be shared between the parties. I also expect to soon announce details of important developments involving Tivus’ new IPTV product,” Prakash concluded.
About Digital Ads
Digital Ads is an advertising provider dedicated to promoting its clients’ businesses and products through innovative digital advertisement. The advertising service is delivered through colorful on-screen graphic monitors displaying interactive content in high-traffic locations targeting consumer goods, services, and other useful content. For more information, please visit www.digitalads.us.
About Tivus, Inc.
Tivus, Inc. is a technology entertainment services company that provides internet-based TV and Cable programming, interactive game content, and goods & services to the hotel/hospitality industry. Using onsite hardware and software, including flat-screen televisions, Tivus offers its customers a turnkey guest entertainment solution. Tivus’ unique IPTV hotel entertainment system is a complete, multifaceted entertainment platform that, for the first time in the industry, generates previously untapped revenues to the hotel through commercial spots, advertisements of local tourist services, and hotel promotions, etc. For more information, please visit www.tivus.com.
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