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Nexus Entertainment to Use Stream Theory TechnologyDistribute Games-on-Demand in the UK (December 23, 2005)
Stream Theory, Inc., a division of Tadpole Technology plc announced that it has signed a licensing agreement for StreamFlow with UK-based Nexus Entertainment Services Limited. Nexus Entertainment Services will use Stream Theory's technology as the platform on which to distribute PC Games-on-Demand for business partners throughout the United Kingdom.
Almost three-quarters of home Internet users in the UK have a broadband connection, according to new data from Nielsen//NetRatings. Games-on-Demand is a broadband-only service that streams games directly to a user's PC. Unlike one-time purchases at retail or through installed downloads, GoD subscriptions provide recurring revenue streams for game publishers and distribution partners. GoD has emerged as a new revenue-generating window of opportunity for a PC game after its brief sell-through period.
As of the second quarter this year, the UK stood sixth in the world in terms of broadband subscribers based on data from Point Topic, and the continued migration of Internet users to high-speed means that the UK will remain locked in with France as the top broadband markets in Europe. eMarketer predicts that the UK will be the largest broadband country in Europe by 2008.
About Nexus Entertainment Services
Nexus Entertainment Services Ltd. was founded in February 2004 to provide broadband-centric entertainment services. Initially the company will combine its revolutionary approach to broadband Internet with the market potential of the video game sector to develop and operate an online video gaming service. For more information, visit www.bbnexus.com.
About Stream Theory
Founded in 1996, Stream Theory, Inc. is a wholly owned subsidiary of Tadpole Technology plc (LSE: TAD). Stream Theory is revolutionizing the manner in which software is purchased, delivered and accessed by enabling true software-on-demand and virtualization models. Stream Theory has developed a patented framework that is a piracy deterrent for software publishers. The Company is a leading supplier of software streaming technology for delivering and managing software applications worldwide over IP and digital media. Leading software publishers, developers, portals, ASPs, and broadband ISPs have deployed the company's patented technology. Stream Theory is a Microsoft Gold Certified Partner and an IBM PartnerWorld member. For more information, visit www.streamtheory.com.
Related Keywords:Nexus Entertainment, Stream Theory Technology, Distribute Games-on-Demand, UK