NXTV, Inc. Signs Agreement with Kerzner International to Provide High-Definition Entertainment & Wireless Internet Services to A
June 21 2005 - 10:00AM
Business Wire
NXTV, Inc., the leading provider of digital IP-based entertainment
and data services to the luxury hotel market, today announced that
it has signed a long-term contract with Kerzner International
Bahamas Limited to supply HD video-on-demand entertainment and
wireless Internet services to Atlantis, Paradise Island resort in
The Bahamas. Kerzner's flagship brand, Atlantis, Paradise Island,
is known worldwide as a resort destination that is truly redefining
family entertainment and gaming in the tropics. The resort offers
more than 2,300 guest accommodations all built around the resort's
focal point: 11 million gallons of fresh and salt-water pools and
lagoons and a marine habitat second only to Mother Nature -- a
remarkable, unparalleled assortment of exhibit lagoons and
underwater formations displaying 200 species of marine life,
consisting of 50,000 live animals, ranging from schools of sharks
to rainbows of tropical fish. Atlantis sits on a seemingly endless
stretch of beach that has been called the most beautiful in the
world and is home to the most exciting casino in the Caribbean. A
vibrant tribute to the myth of the lost continent, Atlantis is also
the perfect location for the many films, television shows, concerts
and sporting events, including the recent feature film "After the
Sunset" with Pierce Brosnan and Salma Hayek; ABC's "My Wife and
Kids," starring Damon Wayans; and CBS's primetime special "Rob and
Amber Get Married." "Kerzner is delighted to announce this
agreement with NXTV," said Howard Pickett, Chief Marketing Officer
for Kerzner International Resorts. "We believe NXTV will help us
enhance the overall experience for our guests. The future for
providing HD entertainment and wireless Internet access to the
guest room is via IP-based solutions, and with NXTV, we can provide
our guests a true twenty-first century in-room experience." NXTV is
now the leading IP provider in HD and digital television-centered
entertainment and data services with over 25,000 luxury rooms both
in the United States and internationally. "We are delighted to have
been selected to provide our services to Atlantis, Paradise Island
and look forward to the opportunity to work with other hotels
within the Kerzner International portfolio of brands," added James
Miles, President & CEO of NXTV, Inc. The company will be
launching several new development initiatives at this year's HITEC
show, including its new High-Definition set-top-box displaying HD
Hollywood movies, 3D IP-based Video Games, VoIP services and HD
Cable TV, as well as a brand new Guest Interface and universal
remote control. All services will be fully integrated with both
Plasma and LCD flat-panel TVs with LG, Panasonic, Philips and Sony
brands on display. The show, held in Los Angeles, will run from
June 20th to June 23rd, and NXTV can be found at Booth 725. NXTV is
owned by the Pivotal Group, an investment company with a $1.5
billion valued portfolio of real estate, hotel and technology
assets, including the Century Plaza Hotel Los Angeles; Pacific
Crossing Ltd., operating the PC-1 submarine fiber-optic telecomm
network between the U.S. and Japan; and Internet domain name
company Network Solutions, which Pivotal recently purchased from
VeriSign, Inc. (NASDAQ:VRSN) for $100 million. About NXTV, Inc.
Founded in 1997, NXTV is now the leading provider in HD
television-centered entertainment and data services, with over
25,000 luxury rooms both in the United States and internationally.
NXTV gives the hotel owner a high-definition system that enables a
flat panel TV to deliver the guest a totally interactive and
dynamic experience, which adds guest value and drives the bottom
line. The digital IP-based system can deliver entertainment and
data services to the guest room over a CAT5/6 Ethernet environment
or a CAT3 telephone network. The company has digital rights
agreements with all of the Hollywood studios for both domestic and
international distribution. For more information please visit
www.nxtv.com. About Kerzner International Kerzner International
Limited (NYSE: KZL) is a leading international developer and
operator of destination resorts, casinos and luxury hotels. The
Company's flagship brand is Atlantis, which includes Atlantis,
Paradise Island, a 2,317-room, ocean-themed destination resort
located on Paradise Island, The Bahamas. Atlantis, Paradise Island
is a unique destination resort featuring three interconnected hotel
towers built around a 7-acre lagoon and a 34-acre marine
environment that includes the world's largest open-air marine
habitat and is the home to the largest casino in the Caribbean. The
Company also developed and receives certain income derived from
Mohegan Sun in Uncasville, Conn., which has become one of the
premier casino destinations in the United States. In the United
Kingdom, Kerzner is currently developing a casino in Northampton
and received its Certificate of Consent from the U.K. Gaming Board
in 2004. In its luxury resort hotel business, the Company manages
ten resort hotels primarily under the One & Only brand. The
resorts, featuring some of the top-rated properties in the world,
are located in The Bahamas, Mexico, Mauritius, the Maldives and
Dubai. An additional One & Only property is currently in the
planning stages in South Africa. For more information concerning
the Company and its operating subsidiaries, visit www.kerzner.com.
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