SPB TV Business Operates Independently from SPB Software and Yandex

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MobiWorld Media, the owner of the SPB TV brand, outlines that the mobile TV business division, developing the world's famous SPB TV solution, was not involved into the Yandex and SPB Software acquisition deal.

"We welcome the news of the Yandex's acquisition of SPB Software, which should benefit both companies." said Kirill Filippov, CEO of MobiWorld Media. "MobiWorld Media has its own strategy to develop SPB TV solution, and as a fully independent company will not be affected by this acquisition."

The acquisition of SPB Software was announced soon after the demerger of MobiWorld Media from SPB, announced on October 20th, 2011. Originally, SPB TV solution was developed and launched by MobiWorld Media, and the company has continued to develop and enhance it after being incorporated by SPB Software. After the separation from SPB, MobiWorld Media has achieved significant degree of business flexibility allowing company to focus on the development of new innovative technologies, as well as scale up services to meet the growing market demands.

With the usability and functionality of the SPB TV service remaining the core of the MobiWorld Media's efforts, the company continues to improve the technology platform, enabling seamless IP video processing and delivery. Today SPB TV's powerful architecture allows to deliver hundreds of live and video on demand channels from a single platform and a single headend to the thousands of subscribers that are using multiscreen devices.

SPB TV solution  has already been integrated by the four leading operators, including MTS,  MegaFon, StarHub and Skylink. As an end-user application, available across all the mobile platforms, SPB TV has reached the 10 million users milestone. The industry has recognized SPB TV solution through a variety of awards including Russian VAS Awards 2011, CSI Awards 2010, bada Developer Challenge and BlackBerry Super Apps Challenge 2010.

*** About MobiWorld Media (www.spbtv.com) ***

MobiWorld Media is a trusted provider of mobile video experiences to the world's leading operators, device manufacturers and content owners. The company owns SPB TV brand of multiplatform mobile TV solution that enables to efficiently distribute high quality video content to multiscreen devices - mobile, tablets, desktop, and set-top boxes. With a profound expertise in usability and deep knowledge of mobile market, MobiWorld Media ensures an ultimate experience for multiscreen viewing. For more information, please visit www.spbtv.com.