Olympusat's Telecom Division Partners With Akamai and KIT

Olympusat's Telecom Division Partners With Akamai and KIT digital to
Offer Comprehensive Media Solutions 
Olympusat Telecom Will Meet the Growing Demand for Video Streaming
Optimization, Reliability and Scalability from Content Creators
Worldwide 
WEST PALM BEACH, FL -- (Marketwire) -- 11/12/12 --  Olympusat Telecom
a strategic business division of Olympusat Holdings, Inc., the United
States market leader in the development and distribution of
independent Hispanic, Specialty, and Faith & Family television
networks, announced today that they have entered into a strategic
partnership with KIT digital, Inc. (NASDAQ: KITD), a leading video
management software and services company and Akamai Technologies,
Inc. (NASDAQ: AKAM), the leading cloud platform for delivering
secure, high-performing user experiences to any device. This
partnership will enable Olympusat Telecom to provide their customers
with the most reliable and robust video and multimedia experience for
their end users on any device. KIT digital's KIT Cloud Solution and
Akamai's Sola Media Solutions enable the economic online distribution
of content to the broadest possible array of devices delivering rich,
high-definition quality video to broadcast-scale audiences.  
Through this partnership Olympusat Telecom will offer their video,
television and rich media centric customers the scalability,
reliability and security needed in today's hyper-connected world in
addition to reducing costs by eliminating investment and maintenance
on infrastructure.  
"We are excited about working with KIT digital and Akamai," said C.
Austin Powers, President, Olympusat Telecom. "Akamai's unparalleled
knowledge and experience in content optimization and delivery across
multiple devices and platforms worldwide provides us with the
flexibility and reliability that we need for our entertainment
television and video-centric customers and KIT digital's video
management capabilities will ensure a feature rich video offering for
our customers." 
"Olympusat is one of only a few companies in the world who have the
capability to combine leading edge platforms with their worldwide
content distribution," said Laura Kaatz, Managing Director, Global
Commercial Operations, KIT digital. "Olympusat Te
lecom is positioned
perfectly to provide their unique service mix to the Media &
Entertainment space and other video centric enterprises who are in
need of a comprehensive solution for their online and broadcast media
needs. KIT digital's video platform solutions, coupled with solutions
from our partner Akamai, open up a new market for media and
entertainment companies such as Olympusat Telecom." 
This partnership enables Olympusat Telecom to offer a customized,
cloud-based video management solution to its customers that enhances
the streaming video experience for their end users, while providing
unique content management features with the scalability needed to
meet the surging demands of online video users worldwide. This allows
Olympusat's customers to deliver robust video experiences to the
high-performing edges of the cloud while seamlessly expanding their
content to new multi-screen platforms and devices. 
"Akamai is pleased to help Olympusat Telecom manage and deliver
exemplary online video experiences to users on any device anywhere in
the world," said Brad Rinklin, chief marketing officer and senior
vice president of global alliances at Akamai. "With Akamai's
cloud-based Sola Media solutions, Olympusat Telecom has a highly
scalable platform that supports live and on-demand video delivery at
the highest possible quality across devices, networks and
geographies." 
Under the terms of the agreement Olympusat Telecom will offer four
new core services that will complement its strategic business units
(television networks, distribution, video transport, digital
production and telecom businesses):  


 
--  Content Delivery Network (CDN) - Akamai's cloud-based content delivery
    network that will enable Olympusat Telecom to push streaming video
    content out to the edges of their network, for a much faster, richer
    and better experience for their customers utilizing KIT digital's easy
    to use interface.
--  Enhanced Storage Capabilities - Olympusat Telecom will be able to
    store video and media files for their customers using KIT digital's
    storage vault offering, which will enable customers to upload various
    forms of media without needing internal infrastructure.
--  Video Transcoding - Olympusat Telecom will enable their customers to
    transcode video into different bit rates and formats using a
    multi-platform approach and reaching all devices.
--  Digital Media Player - Olympusat Telecom customers will be able to
    easily publish online video, mobile video, and social video in
    real-time and reach audiences anywhere and everywhere in concert with
    their online branding strategy.

  
KIT Cloud and KIT Cosmos give media and entertainment companies,
network operators, and non-media enterprises a comprehensive and
highly flexible platform solution to produce, manage and deliver live
and on-demand, socially-enabled broadband TV deployments. The KIT
Cosmos platform powers Olympusat's offering, making the service
feasible and efficient through a single KIT digital content and asset
management backend.  
"We are pleased to work with KIT digital and Akamai," said Tom
Mohler, President & CEO of Olympusat Holdings, Inc. "Their technology
solution meets the broadcast-grade level video quality our customers
need for their online applications coupled with the social media
versatility and rich media offerings that allows them to grow their
brand. We are excited about the opportunities our partnership will
bring to our organization and to our existing clients in the United
States and worldwide."  
About Olympusat Telecom 
 Olympusat Telecom is a turnkey provider of
broadband solutions and content rich media platforms for
entertainment and video-centric clients. Olympusat Telecom is a
subsidiary of Olympusat Holdings, Inc., which owns, operates and
distributes independent linear and non-linear programming networks to
the Cable, Satellite, and Telco industries and is the leading
distributor of Spanish-language networks in the US. Olympusat
Telecom's business partners include: Akamai, Level 3 and others. For
more information please visit: http://www.olympusattelecom.com/ or
www.olympusat.com.  
About KIT digital, Inc.
 KIT digital (NASDAQ: KITD) is the leading
video management software and services company. The KIT Video
Platform, the company's cloud-based video asset management system,
enables enterprise, media & entertainment and network operator
clients to produce, manage and deliver multiscreen socially-enabled
video experiences to audiences wherever they are. KIT digital
services nearly 2,500 clients in 50+ countries including some of the
world's biggest brands, such as Airbus, The Associated Press, AT&T,
BBC, BSkyB, Disney-ABC, Google, HP, Mediaset, MTV, News Corp, RCS
MediaGroup, Sky Deutschland, Sky Italia, Telecom Argentina, Telecom
Italia, Telefonica O2, Universal Studios, Verizon, Vodafone and
Volkswagen. KIT digital maintains executive offices in New York and
its operational headquarters in Prague, Czech Republic, with offices
in 21 countries around the world. Visit the company at www.kitd.com
or follow on Twitter at www.twitter.com/KITdigital.  
About Akamai
 Akamai(R) is the leading cloud platform for helping
enterprises provide secure, 
high-performing user experiences on any
device anywhere. At the core of the Company's solutions is the Akamai
Intelligent Platform(TM) providing extensive reach, coupled with
unmatched reliability, security, visibility and expertise. Akamai
removes the complexities of connecting the increasingly mobile world,
supporting 24/7 consumer demand, and enabling enterprises to securely
leverage the cloud. To learn more about how Akamai is accelerating
the pace of innovation in a hyperconnected world, please visit
www.akamai.com or blogs.akamai.com, and follow @Akamai on Twitter. 
For further information contact:
Cathy Clarke 
CNC Associates for Olympusat
508-833-8533
E: cathy@cncassocs.com  
Werbayne McIntyre OBE 
SVP, Global Marketing and Communications 
KIT digital Media
Tel. +44 7590 554845 
 werbayne.mcintyre@kit-digital.com 
Chris Nicholson
Senior Public Relations Manager
Akamai
+1 (617) 444-2987
cnichols@akamai.com 
 
 
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