Newsplayer&JVC sign Agreement
Newsplayer Group PLC
30 April 2001
Monday, 30 April 2001
Newsplayer Group and JVC Sign Agreement to Distribute
Ucreatetv(TM) and Newsplayer.com
London (30 April, 2001) - Newsplayer Group (AIM: NPG), the new media company,
today announced that it has signed an agreement with JVC UK Ltd. (JVC) to
include a pre-paid subscription to Newsplayer.com and a new NPG product,
ucreatetv(TM) to support the launch of JVC Miniature(R) - the world's smallest
digital camcorder on 15 May 2001. Newsplayer will receive a licence fee for
the ucreatetv(TM) application as well as revenues from Newsplayer.com
subscriptions, which JVC will distribute in the UK and Ireland as an
enhancement to the whole range of JVC digital camcorders.
Ucreatetv(TM), a proprietary, value-added application designed by Newsplayer,
allows customers to upload home shot video footage to their PCs and edit them
on-line to create films. The package also includes a pre-paid subscription to
Newsplayer.com, an archive of 14,000 clips about historical events and news
stories that span the 20th century. With the facility of ucreatetv(TM),
Newsplayer.com subscribers can select newsreel footage clips and edit them
together with their home shot video to create montages and mini films for
their own entertainment.
Mr. Paul Duffen, Chief Executive of Newsplayer Group, said, 'We are delighted
to have signed this agreement with a company of JVC's profile which has such a
strong tradition of product innovation and creativity. The development and
distribution of ucreatetv(TM) fits perfectly with our strategy of developing
Newsplayer into a multi-property new media company with robust and diverse
revenue streams.'
Mr. Noboru Tachikawa, Managing Director of JVC UK Ltd commented, 'We are very
pleased that our relationship with Newsplayer allows us to offer our customers
a new frontier in digital home video. With the inclusion of ucreatetv(TM) and
access to Newsplayer.com's archive, our customers are empowered to give free
reign to their creativity while utilising the latest in technology with JVC's
whole range of digital camcorders.'
Enquiries:
Paul Duffen, CEO Newsplayer Group plc 020 7927 6699
Barry Llewellyn, Co-founder
Harry Chathli Brunswick Group Ltd 020 7404 5959
Lekha Rao