Australian Securities Exchange (ASX)-listed xTV Networks Ltd (ASX:XTV) has signed a master services agreement with mobile app developer InCapta (OTCPK:INCT) for the development of innovative mobile applications using xTV’s Cloud TV software platform.
InCapta will initially develop mobile apps for use in the music industry while xTv’s cloud TV network platform will host and stream video content managed by apps using inCapta’s experience in mobile user interface and user experience.
Target users of InCapta’s apps include “indie” bands and their fans. Future app opportunities include celebrity mobile game apps, mobile game apps, and management services to online radio, online television, and the entertainment industry.
“We look forward to InCapta’s next-generation of mobile applications integrating xTV’s Cloud TV platform into our content offering,” said John Fleming, CEO of InCapta, in disclosure to the Australian Securities Exchange.
“xTV’s platform allows us to quickly and easily develop branded mobile and online digital TV networks that will capture viewers’ attention. The InCapta development team will also provide front-end mobile app development services for selected xTV networking clients,” he added.
Rick Hazell, senior vice president of sales and marketing at xTV said the company is very excited for InCapta to join the growing list of third-party app developers using xTV’s platform, which further validates xTV’s software API strategy.
“Developers targeting countless vertical markets and target audiences widens xTV’s reach and revenue opportunities,” Hazell said. – BusinessNewsAsia.com