September 6, 2016
NeuLion Continues OTT Expansion in Europe with New Customer Wins
IBC 2016 Demonstrations of NeuLion Digital Platform Powering English Football League, Sky Sports, Eleven Sports Networks and Others
Plainview, NY --(Marketwired - September 6, 2016) - NeuLion, Inc. (TSX: NLN), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced that the NeuLion Digital Platform, currently powering Sky Sports, Eleven Sports Networks and others in Europe, and that will be used to power the English Football League starting in 2017 will be demonstrated at IBC 2016 in Hall 14, Booth F34.
With the recent acquisition of Saffron Digital located in London, NeuLion now provides the most comprehensive all-in-one video platform on the market used by the largest brands globally including NBA, UFC, Euroleague, Carrefour, Tribeca and others. In addition to the NeuLion Digital Platform, other demonstrations at IBC will include next generation encoding using the NeuLion MC Encoder and viewing of the first ever live OTT pay-per-view event available to consumers in 4K on Sony UHD TVs, delivered by NeuLion.
NeuLion will also be bringing together Nokia and Sony in its Next Generation Video Theatre on the show floor to demonstrate this year's best 4K and 360 live streaming events.
NeuLion’s market leadership in online video delivery has enabled its continued growth in Europe through extensive international experience with large clients such as the NFL, Euroleague, NBA, UFC and Eleven Sports Network. In addition, its recent acquisition of Saffron Digital added enhanced technology to its platform and grew its London presence considerably.
As part of its expansion in Europe, NeuLion was recently chosen to power the new digital experience for the EFL. This will include the streaming, merchandising and payment services for all participating club teams. EFL Chief Executive Shaun Harvey said: “In NeuLion we have the world’s leading digital company with whom we can form a productive partnership to drive additional value for our clubs and produce a series of digital products we can all be proud of.”
The combination of new technology, added workforce in London and extensive experience with long-term customers and new customers, has perfectly positioned NeuLion in Europe to take full advantage of the accelerating adoption of live and on-demand streaming as it continues to grow worldwide.
“We are excited to continue our expansion around the world,” said Roy Reichbach, President and CEO of NeuLion. “Our technology is best in class and we are now more ready than ever before to bring our expertise and experience to Europe.”
NeuLion will be demonstrating its platform at IBC in Amsterdam on September 9th through September 12th at the NeuLion Booth located in Hall 14, #F.34. Visit www.neulion.com/IBC for more information and to schedule a time to meet.
NeuLion, Inc. (TSX: NLN) offers solutions that power the highest quality digital experiences for live and on-demand content in up to 4K on any device. Through its end-to-end technology platform, NeuLion enables digital video management, distribution and monetization for content owners worldwide including the NFL, NBA, World Surf League, Univision Deportes, Euroleague Basketball and others. NeuLion powers the entire video ecosystem for content owners and rights holders, consumer electronic companies, and third party video integrators with MainConcept. NeuLion’s robust consumer electronics licensing business enables its customers like Sony, LG, Samsung and other to stream secure, high-quality video seamlessly across their consumer devices. NeuLion is headquartered in Plainview, NY. For more information about NeuLion, visit www.NeuLion.com.
Certain statements herein are forward-looking statements and represent NeuLion’s current intentions in respect of future activities. Forward-looking statements can be identified by the use of the words “will,” “expect,” “seek,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” and “intend,” statements that an event or result “may,” “will,” “can,” “should,” “could,” or “might” occur or be achieved, and other similar expressions. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Although the forward-looking statements contained in this release are based upon what management believes to be reasonable assumptions, NeuLion cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and NeuLion assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Many factors could cause NeuLion’s actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including: our ability to derive anticipated benefits from the acquisition of DivX; our ability to realize some or all of the anticipated benefits of our partnerships; general economic and market segment conditions; our customers’ subscriber levels and financial health; our ability to pursue and consummate acquisitions in a timely manner; our continued relationships with our customers; our ability to negotiate favorable terms for contract renewals; competitor activity; product capability and acceptance rates; technology changes; regulatory changes; foreign exchange risk; interest rate risk; and credit risk. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. A more detailed assessment of the risks that could cause actual results to materially differ from current expectations is contained in the “Risk Factors” section of NeuLion’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015, which is available on www.sec.gov and filed on www.sedar.com.
Chris Wagner | firstname.lastname@example.org | +1 516 622 8357
Investor Relations Contact:
Tim Alavathil | email@example.com | +1 647 426 1254