Source: Private Media Group Inc.
By: Company Press Release
(BARCELONA, SPAIN) — Private Media Group Inc. (Nasdaq: Prvt) a worldwide leader in premium-quality adult entertainment products, services and Internet content, today announced that it will offer a secure, high-quality video-on-demand (VOD) service on its state-of-the-art broadband site, PrivateSpeed.com as well as on Private.com, the Private member site and the newly-launched online shop, Private.com/shop.
The new service, which is powered by the DivX Open Video System, enables broadband users to download full-motion, full-screen, DVD-quality Private titles quickly and easily. DivX SmartStart, a progressive download feature, will allow users to begin viewing films before downloads are completed, offering the convenience of streaming at a much higher quality level.
The DivX Open Video System, an end-to-end solution for the secure, profitable delivery of high quality video-on-demand, utilizes a complete delivery management infrastructure and a proprietary digital rights management solution to ensure security. DivX video compression technology can reduce a DVD video to almost 10 percent of its original size with no loss in quality. DivX technology has been downloaded and used by over 75 million people around the world.
Charles Prast, President and CEO of Private Media Group commented: "We are excited to offer consumers all of Private’s substantial and growing catalogue in this cutting-edge format. The introduction of DivX-powered video-on-demand fits perfectly with our vision of always seeking to provide our users the very highest quality experience in every possible option for viewing Private products available – be it downloading, online viewing, purchasing physical products or renting DVDs through our online DVD rental service, PrivateAtHome.com."
To view PrivateSpeed, please visit PrivateSpeed.com. To view Private.com or the Private online shop, please visit Private.com or Private.com/shop.
About Private Media Group:
Private Media Group is a leading global adult entertainment company that distributes its content over a wide range of media platforms, including narrow and broadband Internet, DVD and video, magazines, TV broadcasting as well as wireless technologies. Private owns the worldwide rights to the largest archive of high quality adult content in the world, which it physically distributes in over 35 countries.
Disclaimer:
This release contains, in addition to historical information, forward- looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company’s current judgments of those issues. However, because those statements are forward-looking and apply to future events, they are subject to such risks and uncertainties, which could lead to results materially different than anticipated by the Company.
For further information about Private Media Group, please contact:
Andre F. Ribeiro
Phone: + 34 679 983 772
Alejandra Moore Mayorga
Phone: +34 91 531 23 88
Mobile: +34 670 799 335
