JumpTV and NeuLion to Merge

JumpTV, a
broadcaster of live and on-demand sports and international
television over the Internet and NeuLion, Inc., an IPTV service of live
and on-demand Internet and set top box programming, have announced a
merger of the two companies that is expected to be completed in the
fall of 2008.
Founded in 2004, NeuLion, a private corporation based in
Plainview, New
York, provides web-based IPTV services to sports
customers such as
the National Hockey League and the International Fight League.
NeuLion also
delivers a Set Top Box IPTV solution to international
customers
such as ABS-CBN (Philippines), KylinTV (China) and Globecast
(France). The merged entity brings together two IPTV industry leaders
to deliver a
multi-platform IPTV and set top box solution that encompasses more than 200 partnerships with professional and college sports properties, including the NHL, more than 150 NCAA colleges and universities, the World Championship Sports Network and the 2010 South American, African and Asian World Cup Qualifiers.

“The combination of our highly complementary technologies
and depth of
expertise in the areas of sports and international IPTV
delivery makes for
incredible synergy between the two companies,” says G. Scott
Paterson, executive chairman of JumpTV. “This merger enables us to provide
our partners
with a complete solution for streaming content live online
across multiple
devices and viewing platforms.”
“Consumers are becoming more reliant on broadband and Internet
services for
their media experiences and this shift creates enormous
opportunity for
content owners to reach untapped global audiences,” says Nancy Li, founder
and CEO of NeuLion. “NeuLion and JumpTV have committed to
creating a
one-of-a-kind enterprise offering that manages the end-to-end
delivery of
content through all broadband platforms: the PC, the TV
and an array of
mobile devices.”
During the 2007-2008 National Hockey League season, NeuLion-delivered
NHL
broadband service streamed over 1,700 NHL hockey games.
In the two weeks
preceding the NHL Stanley Cup playoffs, the service reached
over 10 million
unique visitors. For its part, JumpTV in the past 12 months streamed more than 15,000
live sports events
online.