Systemagic AB
Hybrid system cooperation between 27m and Systemagic
Systemagic AB 07.09.2012 12:00 --------------------------------------------------------------------------- A cooperation agreement on the development of a hybrid media solution Set Top Box has been signed between 27m and Systemagic. Linkoping, Sweden, 2012-09-07 12:00 CEST (GLOBE NEWSWIRE) -- A cooperation agreement on the development of a hybrid media solution Set Top Box has been signed between 27m and Systemagic. 'By combining our competencies, we can offer a complete solution to the customer, including hardware, software and user interface,' says Anders Wisell, CEO of 27m. 'An added benefit will be the early involvement of the software developers in the design process. This will ensure that the hardware is optimised for the intended software, improving the performance of the end product,' says Bo-Magnus Petersson, CEO of Systemagic. 27m is a design house for digital media devices, offering a scaleable receiver platform that can be modified to meet different functionality requirements. The mature and proven receiver design features PVR, media player and browser functionality. It is available for DVB or IPTV as well as hybrid applications, supporting multi-screen technology and multiple devices. Systemagic is a company with combined offer of software products and professional services. Systemagic's core expertise lies in next generation of IP platform solutions for multiple home consumer devices. Services are based on browser technology for multi-screen on settop-boxes, SmartTV and mobiledevices. Systemagic has ten years of proven track record on developing and designing OTT services, GUI, VOD, middleware and portals. Buzz words are social networking, music, sports, betting and games. A functional demo featuring Systemagic software running on the 27m platform will be on display at IBC in Amsterdam 6-11 September, stand C.30 in Hall 3. Both companies are located in Mjardevi Science Park, Linkoping Sweden. For further information, please contact: Bo-Magnus Petersson, CEO, Systemagic, Teknikringen 7, SE-583 30 Linkoping, Sweden. Tel: +46 13 102560; Mob: +46 70 605 1533 Email: bo-magnus.petersson@systemagic.se Anders Wisell, CEO, 27m Technologies, Diskettgatan 11B, SE-583 35 Linkoping, Sweden. Tel: +46 13 218120; Mob: +46 70 612 2260 Email: anders.wisell@27m.com Click on, or paste the following link into your web browser, to view the associated documents https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=403287 News Source: NASDAQ OMX 07.09.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Systemagic AB Sweden Phone: Fax: E-mail: Internet: WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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