PLAINVIEW, NY--(Marketwired - January 07, 2016) - NeuLion, Inc. (NLN.TO), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced at the Consumer Electronic Show (CES), the early availability of its new 4K Mobile App, code named Project 88. The brand new app enables consumers to seamlessly play out video content, in up to Ultra HD 4K, captured from their cameras and smartphones, to every connected device. The Project 88 Mobile App is now ready for early testing by select consumers and will become generally available during the first quarter of 2016.
As consumers use more 4K enabled smartphones and cameras from brands including Apple, GoPro, Samsung, Sony, Panasonic and others, playing video captured on these devices on 4K TVs presents a challenge. With this new product, NeuLion has made it easier than ever before to bring 4K content to any device. The Project 88 Mobile App, running on either iOS or Android, will allow consumers to seamlessly cast video in up to Ultra HD 4K to every connected device in their home network for multi-screen playback. The app will be offered to consumers either free through an Ad-supported version or through an in-app upgrade that does not include advertising.
The Project 88 Mobile App will enhance the digital video viewing experience with a number of great features, including:
Play out of all video formats on any CE connected device throughout the home network using iOS or Android Smartphones;
Ultra HD 4K captured content seamlessly played out on 4K internet connected devices like Roku and game consoles as well as through Ultra HD 4K enabled Smart TVs from LG, Sony, Samsung and others;
Support of all video formats up to Ultra HD 4K 60fps for multi-screen play out of video stored on either home media servers or from cloud based services like Dropbox, Google and others;
Support for the play out of DivX formatted video to DivX certified CE devices;
Multi-tasking of video play out allowing video to be played on any connected TV device or Smart TV while simultaneously previewing the next video up for viewing on your smartphone.
"4K enabled televisions are expected to reach over 50 million units sold during 2016 and 4K content libraries produced by consumers will reach record levels," said NeuLion CEO Dr. Kanaan Jemili. "NeuLion enables both of these trends by connecting the entire ecosystem of video delivery for both user generated content, professionally produced content, and device play out and streaming on CE devices."
Project 88 Mobile App, the NeuLion® Digital Platform and NeuLion's DivX Certification program are all powered by NeuLion, creating state-of-the-art viewing experiences for consumers and content rights holders.
NeuLion, Inc. (NLN.TO) offers solutions that power the highest quality digital experiences for live and on-demand content up to 4K on any device. Through its end-to-end technology platform, NeuLion enables digital content management, distribution and monetization for content owners worldwide including the NFL, NBA, World Surf League, Univision Deportes, Euroleague Basketball and others. With the recent acquisition of DivX, LLC, NeuLion also operates a robust consumer electronics licensing business that has enabled over 1 billion devices worldwide with secure, high-quality video playback, and delivers a DivX consumer software offering that has been downloaded over 1 billion times. NeuLion's customers include major sports, entertainment and global content companies as well as major consumer electronics manufacturers and software companies. NeuLion is headquartered 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. 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. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. 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 derive anticipated benefits from the acquisition of DivX; our ability to successfully integrate the operations of DivX; our ability to realize some or all of the anticipated benefits of our partnerships; general economic and market segment conditions; our customers' subscriber levels and financial health; 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 the "Risk Factors" section of NeuLion's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, which is available on www.sec.gov and filed on www.sedar.com.