CiiNOW, Inc. Announces Cloud Gaming Partnership With kt media hub Korea’s largest media and content provider to deploy a Cloud Gaming service on all kt olleh customer set-top boxes Business Wire MOUNTAIN VIEW, Calif. -- April 30, 2013 CiiNOW, Inc.,^a leader in Cloud Gaming technology and branded gaming platforms, today announced a strategic initiative with Korea’s most distinctive and compelling media and content provider, kt media hub, to bring a robust library of streamed video games to kt’s smart olleh TV users. The partnership announcement was celebrated at a signing ceremony last week at the kt media hub offices in Seoul, Korea. CiiNOW's CEO and Co-Founder, Ron Haberman, at the Company's signing ceremony with kt media hub in Se ... CiiNOW's CEO and Co-Founder, Ron Haberman, at the Company's signing ceremony with kt media hub in Seoul, Korea. (Photo: Business Wire) Key to the selection of CiiNOW as KT’s Cloud Gaming technology partner was the company’s proven conquest over latency during gameplay. With CiiNOW’s proprietary technology, Cumulus, the latency experienced playing games is significantly less than that of consoles and other Cloud Gaming services. “The high quality of Korea’s internet speed and connectivity, coupled with a demographic of people who really love games, makes this an ideal region to launch a successful Cloud Gaming service,” said Ron Haberman, CiiNOW’s CEO and Co-Founder. “We are thrilled to be aligned with Korea’s leading media and content provider to deliver a quality Cloud Gaming experience to KT’s customers.” About CiiNOW, Inc. CiiNOW, Inc. leverages Cloud technology and innovation to deliver an instant, high quality gaming experience across screened devices. The company's patent-pending hardware and server management technology are architected to maximize virtualized data center environments to deliver games through PCs, Macs, set-top boxes, tablets, smart TVs, and mobile devices. The CiiNOW platform, Cumulus, moves beyond the world of software upgrades and hardware constraints, and enables service providers and game developers to capitalize on the lucrative gaming market as it transitions from physical media to pure digital distribution. CiiNOW, Inc. is funded by Alcatel-Lucent Ventures, Foundation Capital, and AMD Ventures. For more information, please visit http://www.ciinow.com. About kt media hub kt media hub (Seoul, Korea) was founded in December 2012 to drive one of KT’s key areas of growth, media and content, and extend its reach overseas. kt media hub aims to create the necessary synergy between media and content, and position itself as the most distinctive and compelling media and content provider in Asia. It is currently a wholly-owned subsidiary of KT, with strengths in IPTV, mobile TV, e-book, B2B advertising and smartphone application. kt media hub’s olleh tv, the largest IPTV service provider in South Korea with more than 4.3 million subscribers, offers a full variety of 200 real-time channels and 130,000 different video-on-demands. olleh tv now, the mobile TV service with more than 500,000 subscribers, aims to complete the N-screen eco-system and olleh e-book, storing over 120,000 books, features Text-To-Speech (TTS) for an advanced reading experience. Last but not least, kt media hub runs multiple advertising solutions, from olleh tv to cinema advertising, to properly deliver advertising messages to target audiences. Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130430005604/en/ Multimedia Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50621131&lang=en Contact: CiiNOW, Inc. Valerie Pressley, +1 415-234-0825 valerie (at) ciinow (dot) com or kt media hub Jooyeon Kim, + 82 (10) 4513 3391 Jooyeon (dot) kim (at) kt (dot) com
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CiiNOW, Inc. Announces Cloud Gaming Partnership With kt media hub
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