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delayed 20 mins - disclaimerMonday January 11, 8:00 am Eastern Time
Company Press Release
SOURCE: TelVue Corporation
TelVue Corporation Ready to Deploy Internet PPV Ordering - Files For Patent
MT. LAUREL, N.J., Jan. 11 /PRNewswire/ -- TelVue Corporation (OTC Bulletin Board: TEVE - news) announced today that it is in the process of concluding field trials of its Internet Pay Per View (PPV) ordering System. This system allows cable subscribers with access to the Internet to order PPV movies and events and watch them on their cable TV equipped television set. A spokesperson for TelVue also said that TelVue has filed a patent application for that process and several other procedures that allow cable subscribers to control their addressable cable converter using the Internet and their home personal computer.
Field trials of the Internet PPV ordering system were begun in October of 1998 and conducted in conjunction with Prevue Networks and Comcast Corporation [Nasdaq:CMCSA - news] on seven northern New Jersey cable systems. According to TelVue's President, Frank Carcione, the trials went well with few, if any, technical hitches. For security purposes, cable subscribers needed to register for the service one time, on an automated basis, using their home telephone. From then on they enter the ''passcode'' they registered over the telephone on the Internet ordering form. Mr. Carcione said, ''Telephone registrations to orders were about four to one. This means that people like the concept and signed up to use the service, even if they did not have a specific movie in mind to order. We also found out that people who had never ordered PPV before did so using the Internet during the test. This is very encouraging because the Internet has the potential to increase PPV business for the cable operator.''
Adelphia Cable is also using Internet PPV ordering on a limited basis for the Tyson vs. Botha fight scheduled for January 16, 1999. Adelphia cable subscribers can order the fight in advance using the Internet. Cable subscribers go to the Adelphia website (http://www.adelphia.net) and then are linked to an order form that connects to TelVue for order processing.
According to Joseph Murphy, TelVue's Executive Vice President of Sales, TelVue has a complete Internet website ordering package that can be branded by the cable system and will be available to cable systems starting this week. The package contains web pages that provide for PPV ordering over the Internet, links to PPV schedules and program content websites. Mr. Murphy says, ''Cable subscribers can find out what's on, when it's on, what channel it's on and order it right then and there. The package can be linked to a cable system's existing website or TelVue can host the package for the cable system at ppvorder.com. This means that even if a system does not have a website or its own server, it can still offer its own branded PPV Internet ordering.''
TelVue is a public company and trades as TEVE.
SOURCE: TelVue Corporation
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