Univision Selects NeuLion for UVideos Launch
Bilingual Digital Network Offers Hispanic America Access to Programming on Multiple Internet-Connected Devices
November 19, 2012 -- !-- AddToAny BEGIN -->
PLAINVIEW, NY -- (Marketwire) -- 11/19/12 -- NeuLion, Inc. (TSX: NLN), the leading enabler and provider of live and on-demand content to Internet-connected devices, today announced that Univision Communications Inc., the leading media company serving Hispanic America, has licensed the NeuLion TV Everywhere Platform for the launch of UVideos, a bilingual digital network for Hispanic America offering one of the most fully integrated, comprehensive social experiences available in any language in the U.S. UVideos is a free service.
UVideos is currently available via UVideos.com and the UVideos mobile app on iOS and Android-compatible devices. Through UVideos, viewers have access to their favorite Univision content, including popular Televisa programming -- in Spanish or subtitled in English -- whenever and wherever they want it.
"UVideos is Hispanic America's first bilingual digital network and it offers a compelling new way for our audience, many of whom prefer English-language content, to experience their favorite programming and the best storytelling on television," said Kevin Conroy, president of Univision Interactive and Enterprise Development. "NeuLion is helping Univision deliver on-demand content to the hands of our viewers anytime, anywhere and across any device."
By leveraging the NeuLion TV Everywhere Platform, Univision is delivering a rich interactive experience for viewers that includes access to thousands of hours of the best in Univision programming.
"We are excited to be part of the UVideos video product development effort," said Chris Wagner, Executive Vice President of NeuLion. "The UVideos service has already attracted multi-channel distributors such as Verizon, Cablevision Systems, AT&T, and Dish Networks. The NeuLion TVE Platform is creating an interactive experience that's so much more than just watching TV."
Founded in 2000, NeuLion, Inc. (TSX: NLN) offers the true end-to-end solution for delivering live and on-demand content to any Internet-enabled device. NeuLion enables content owners and distributors, cable operators and telecommunications companies to capitalize on consumer demand for viewing video content on PCs, smartphones, tablets and other similar devices. NeuLion's customers include major entertainment, sports, global content and news companies. NeuLion is based 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. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Forward-looking statements can be identified by the use of the words "will," "expect," "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. Forward-looking statements involve significant risk, uncertainties and assumptions. 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 develop and execute on our business plan, including further diversifying our customer base; continuing to invest in and expand our sports-related business; our ability to increase revenue; general economic and market segment conditions; our customers' subscriber levels; the financial health of our customers; 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 Item 1A, "Risk Factors," in our Annual Report on Form 10-K for the fiscal year ended December 31, 2011, which is available on www.sec.gov and filed on www.sedar.com.
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