TiVUS, Inc. (TIVU) Reports Early Success; Attracts Diverse Range of Advertisers
Today before the opening bell, TiVUS, Inc. announced it has been engaged by a wide-range of advertisers for utilization of the company’s proprietary high-definition (HD) internet-protocol television (IPTV) with ad-insertion, including restaurants, beauty & spa services, local attractions, shopping, and more.
“I am pleased by the response of local merchants who are now benefiting from increased exposure to thousands of new, ready-to-spend hotel guests every week,” stated Shiva Prakash, TiVUS’ chief executive officer. “Specifically, we are proud to have such prestigious local advertisers as Hard Rock Café® Philadelphia, Du Jour™ Catering, Breath3™ spa as well as local professional sports teams.
“As our first ad-revenues began last month at our inaugural Philadelphia IPTV with ad-insertion installation, I remain optimistic and still expect our system to be well-booked with advertisers and generating expected revenue by early in the second fiscal quarter.
“TiVUS is now focusing on both ad sales and attracting new hotel customers. We plan to continue to sign-up new advertisers in Philadelphia to soon bring our first IPTV with ad-insertion installation to full capacity,” Prakash concluded.
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