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Tilgin AB: Tilgin wins breakthrough order from South European Incumbent for its major commercial roll-out of IPTV

2008-08-06 08:18:00

Tilgin AB: Tilgin wins breakthrough order from South European Incumbent for its major commercial roll-out of IPTV

STOCKHOLM, Sweden–(EMWNews)–Regulatory News:

Tilgin (STO:TILG), a leading provider of customer premises equipment

solutions for multi-play and next-generation broadband services, has won

a breakthrough order of its IPTV-technology from an incumbent South

European telecom operator. The operator will use Tilgins

HD IPTV technology and management solutions for its major commercial

roll-out of IPTV in Southern Europe.

Following the previously announced cooperation on a soft launch, the

customer is now entering a phase of extensive commercial roll-out. The

initial volume order value is approximately 1.7 MUSD. As the roll-out

progresses, Tilgin expects further and larger orders from the customer. It

is a breakthrough for Tilgin to provide IPTV-technology to a major South

European roll-out of next generation broadband services to the

mass-market, says Ola Berglund, Tilgins

CEO. The order proves that our IPTV

technology enables operators to take full advantage of rich media and

communication services. It also shows the success of our sales model to

partner with leading system integrators. As

key components of the telecoms commercial

roll-out of its IPTV service, Tilgin will deliver High Definition Mood

400 IP set-top boxes and management software. The order includes entry

level units, as well as those supporting Personal Video Recording (PVR)

for a more personalized and on-demand viewing experience. Both models

offer the operator upgrade capabilities to more advanced service

functionality for multi-device media sharing and communications. This

order acknowledges a substantial footprint for Tilgin in the Southern

European market, as well as within the multinational telecom group

headed by this customer. For this customer, Tilgins

IPTV technology is integrated in a leading global systems integrator’s

end-to-end solution. By partnering with leading global system

integrators, Tilgin can leverage on its technology and reach operators

world-wide.

End

This press release has been reported to the Swedish Financial

Supervisory Authority subject to FFFS 2007:11. In its capacity as

issuer, Tilgin AB is releasing the information in this press release in

accordance with the Swedish Securities Exchange Act. The information was

distributed to the media for publication at 3.00 p.m on August 6th 2008.

About Tilgin

Tilgin designs and delivers premier IP customer premises equipment (CPE)

for advanced Triple Play and IMS-based services. Supporting the full

convergence of voice, video and data, Tilgin takes a network systems

approach to CPE that enables service providers to offer a broad range

portfolio of innovative and competitive broadband services. Tilgin’s

comprehensive product portfolio of IP residential gateways, set-top

boxes and related management applications, offers service providers

unprecedented return on investment – delivering new service revenues and

impressive cost savings over the lifetime of the product. Tilgin was

founded in 1997 under the name i3 micro technology and listed on the

Stockholm Stock Exchange on the Nordic List as of December 2006. It is

headquartered in Kista, Sweden, with European sales representation in

France and Germany. www.tilgin.com

This information was brought to you by Cision http://newsroom.cision.com

Ola Berglund, CEO Tilgin
Telephone: +46 736-9618603
E-mail: [email protected]

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