Now Corporation (PSE:NOW) Launches Two New Products

PHILIPPINES – Philippine Stock Exchange-listed Now Corporation (PSE:NOW) launched and demonstrated live two of its innovative technology creations: (a) the “NOW Broadband Cable TV” a guaranteed broadband Internet service with Wireless Cable TV, and (b) the “NOWPlanet.TV” a digital media platform as a product that converges free TV, web channels, cloud services and other interactive services.

The first of its kind in the Philippines, Now Corporation (PSE:NOW)’s broadband Internet service offers only broadband Internet at guaranteed speed with wireless cable TV broadcast and cloud services.

This means clients could now rely on minimum bandwidth from 2 megabit per second to 1.4 gigabit per second. Times Plaza Building along UN Avenue in Manila and Angelicum College in Quezon City are among the first customers that are now enjoying these services.

True convergence is achieved on the level of customer experience thru the following features simultaneously: (a) browsing 24×7 Internet throughput at guaranteed speed, (b) watching their favorite shows from free TV such VHF and UHF signals (c) interacting with web channels such as TED Talks, YouTube, Facebook, Twitter, Instagram, etc. (d) playing high definition, fast motion networked games; (e) using cloud services such as e-mail, task, calendar, files, community collaboration, video chat, document management with one terabyte of storage per customer, (f) watching, streaming or downloading high-definition videos and 4k/6k/8k films, (g) making phone calls on Skype and live video conference to as many as 200 participants per session — all with the flexibility of using any device such as regular or 4k TVs, desktops, laptops, tablets and smartphones.

Customers are also able to launch their individual channel to allow them to share their own content to their target users worldwide.

This trailblazing service is made possible thru the Company’s strategic synergy with a cable TV operator in Metro Manila, the first among more than one thousand cable operators in the country that could partner with NOW Corporation. Discussions with other cable operators and global telecom companies are on-going.

Now Corporation (NOW), formerly Information Capital Technology Ventures, Inc. (ICTV), was originally incorporated on June 5, 1996 as MF Schroder & Co., Inc. to engage in the purchase and sale of securities. In January 2002, the Company was renamed Cashrounds, Inc. with the primary purpose to engage in the business of securities brokerage through the use of information technology. On September 19, 2006, the Securities and Exchange Commission (SEC) approved the change in the corporate name to ICTV. – BusinessNewsAsia.com

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