NXTV Inc. Announces Launch of Digital Broadband Entertainment and Internet Services at the Peninsula Beverly Hills
LOS ANGELES / June 26, 2001--NXTV Inc., a provider of digital broadband television services to the hospitality market, today announced that it has successfully completed installation of its Broadband Delivery System technology at one of the world's leading hotels, The Peninsula Beverly Hills.
Part of the Hong Kong & Shanghai Hotel Group, the Peninsula is the only Mobil 5 Star and AAA 5 Diamond hotel in Southern California.
"We are delighted to announce this successful step, of what we now believe to be the next generation technology for delivery of digital entertainment and information services to hotel guests," said James W. Miles, president and chief executive officer of NXTV. "Our vision of transforming the television into an interactive, dynamic and profitable asset for hotel owners has today been realized."
Hotel guests at The Peninsula Beverly Hills are able to choose from a wide variety of interactive broadband services including digital video-on-demand movies. NXTV also provides enhanced TV features such as pause, reverse, fast-forward and bookmark which allow guests to stop and restart a movie over a 24-hour period.
NXTV also features digital on-demand movie previews, high-speed TV and laptop Internet access and digital satellite TV programming.
Ellis O'Connor, hotel manager at The Peninsula, commented: "There is no question that NXTV has provided a quantum leap in hotel entertainment and information technology. We pride ourselves in offering the very best services to our guests, which was confirmed by being voted the No. 3 hotel in the United States by Conde Nast Traveler. With NXTV, we are now able to offer the best in-room interactive digital TV experience."
NXTV, with headquarters in Los Angeles, is now installing its Broadband Delivery System at four other Los Angeles-based showcase hotels: The Hotel Bel-Air, the St. Regis Los Angeles, the Century Plaza Hotel & Spa and the St. Regis Monarch Beach, with installations scheduled for completion by the end of September 2001. The company is also currently in negotiations with several large East Coast hotel groups.
NXTV has digital movie license agreements in place from some of Hollywood's top studios including Fox, Warner Bros., DreamWorks and Disney. NXTV also delivers high-speed Internet to hotels via one of its strategic investors, Global Crossing
The company also announced that it would be exhibiting its state-of-the-art broadband system at the world's leading hospitality technology trade show, HITEC, being held in Orlando, Fla., June 26-28, 2001.
NXTV is located at 5955 De Soto Ave., Suite 160, Woodland Hills, Calif. 91367; telephone: 818/227-1225; fax: 818/226-3947; and Internet:
About NXTV Inc.
NXTV was founded in January 1997 to explore the emerging market opportunity for delivering interactive, digital broadband services both to the hospitality and residential markets.
Over the past four years, the company has assembled an experienced management team, developed a powerful and revolutionary technology and established a strong network of world-class strategic partners. For more information visit