Networks North Inc. signs agreement with ICTV to provide access to CD-ROM titles for U.S. cable-connected television sets
PR Newswire - April 13, 1999 09:35
NASDAQ:NETN
TORONTO, April 13 /CNW-PRN/ - Networks North Inc. (NASDAQ:NETN) announces that it has, through its controlled subsidiary Universal Content Inc., a leading supplier of CD-ROM, DVD and HTML/JAVA titles, an agreement with ICTV, a company that offers CD-ROM titles and high speed Internet access to cable-connected television sites, to provide new CD-ROM titles to ICTV's service on an ongoing basis.
Many of the new titles from Universal Content are set for immediate release, such as ''Casino Master'', ''Classic Arcade'', ''Trivia Warehouse 2000'', ''Plumo at the Zoo'', ''Anne of Green Gables'', ''Syyrah'', ''The Kangaroo'', ''The Lion'' and ''The Wolf''.
''We are excited to be able to bring to ICTV's product range some of the best CD-ROM titles from around the world. Also, with ICTV's unique approach, this puts Universal Content products in front of a whole new audience.'' said Pierre Renyi, President of Universal Content.
''We are very excited about the addition of new titles from Universal Content. This enhances our current library of CD-ROM titles,'' said Sheldon Safir, Vice President, Content and Business Development of ICTV. ''With Universal Content, our goal of offering the most insightful and innovative CD-ROM content on the ICTV platform is closer to reality''.
Universal Content Inc., formerly Interlynx International Inc., a subsidiary of Networks North Inc., (NASDAQ:NETN) represents many multimedia developers and publishers worldwide, showing their products on its www.universalcontent.com website to allow clients to select the titles they need. Headquartered in Toronto, Canada, its service allows clients to license all the content titles they need from one place, rather than conducting multiple negotiations for many different agreements. More information is available at www.universalcontent.com
Headquartered in the heart of California's Silicon Valley, ICTV provides cable operators the most cost-effective open platform for the delivery of high-speed data and other broadband services to cable-connected television sets. For more information on ICTV, please visit the company's web site at ictv.com, call 877-GET-ICTV, or e-mail infor(at)ictv.com
Networks North Inc.'s operating units include wholly owned NTN Interactive Network Inc. (NTNIN), Magic Lantern Communications Ltd. and 51% of Interlynx Multimedia Inc. the company that controls Universal Content Inc., the subject of this release. NTNIN is the exclusive Canadian Licensee of NTN Communications, Inc. (AMEX: NTN ), a leading producer and programmer of interactive television, on-line and Internet entertainment. The NTN Entertainment Network distributes programming to more than 15 million participants per month at restaurants, sports bars, and other group viewing locations throughout North America, including 525 in Canada with over 2.5 million participants. Magic Lantern is Canada's premier distributor of educational media resources, with exclusive rights to over 14,000 titles in English and French. Magic's subsidiaries provide MPEG encoding, video duplication, distribution, and fulfillment services for broadcasters.
SOURCE Networks North Inc.
/CONTACT: Peter Rona, President & CEO, Networks North Inc.,
(416) 675-6666, email: prona(at)ntnc.com; Pierre Renyi, President, Universal
Content Inc., (416) 675-6262, email: prenyi(at)universalcontent.com; Bob Gold,
Bob Gold & Associates, PR for ICTV, (310) 320-2010, email:
bob(at)bobgoldpr.com/
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