ASX Announcement 22 May 2017
LINIUS & IBM COLLABORATE TO PROMOTE & SELL THE LINIUS VIDEO VIRTUALIZATION ENGINE™
IBM and Linius to jointly market and promote the Linius Video Virtualization Engine™, including building onto the IBM Bluemix platform
Linius Technologies Limited (ASX: LNU) and wholly owned subsidiary, Linius Solutions Pty Ltd (Linius), are pleased to announce the commencement of a collaborate on project with IBM to promote and sell the Linius Video Virtualization Engine™ (Linius VVE), including building onto the IBM Bluemix platform, to IBM’s extensive network of corporate clients and beyond in Linius’ target market sectors.
This collaborate on project, between Linius Solutions and IBM, provides for the joint promotion and marketing of the Linius VVE (including presales support) and submission of proposals for selling the Linius VVE to targeted customers as a stand- alone or integrated oﬀering with IBM products.
Linius has been accepted as an IBM Business Partner in PartnerWorld, IBM’s channel program.
Linius will build and oﬀer the Linius VVE on IBM Bluemix, IBM’s cloud platform. IBM Bluemix weaves together services, infrastructure and data to help businesses bring their ideas into production quickly.
Video is estimated to represent 80% percent of internet traﬃc, consisting of huge data ﬁles which are cumbersome and static (1). The Linius solution virtualises videos, exposing the internal data in much the way that Big Data virtualises the world’s text. As a result, organisations can more easily and quickly add, splice and merge videos as needed. For example, a cable TV company will be able to deliver personalised TV ads, whilst a search company could return deliver hyper personalised video search from within videos.
Linius will work with IBM technology solutions to enhance the Linius VVE with IBM products and then promote and market these across all four of Linius’ target market sectors. This will include virtualisation hosted on the IBM Cloud, personalised advertising, anti-piracy, security and surveillance.
Chris Richardson, CEO of Linius, commented:
“We see the relationship with IBM as signiﬁcant validation of our technology and commercialisation plan. IBM has existing relationships with the who’s who on our potential client target list.
“IBM Bluemix provides a great technology environment to build out the virtual video ecosystem. The Bluemix APIs oﬀer a ﬂexible development platform and additional functionality such as video search and blockchain, and enhance our capabilities to meet the needs of our vertical markets.
“Also, IBM has the resources and experience to assist us in deployment and management of our commercial solutions and the infrastructure to scale for global distribution.”
Anthone Withers, Head of Software as a Service, IBM Australia and New Zealand, said:
“I feel Linius could be a game changer in the world of video, from personalised advertising to search and security. We’re now actively working with Linius to identify and market the technology to target customers.”
About IBM Cloud
For more about IBM Cloud, visit: http://www.ibm.com/cloud-computing.
About Linius Technologies Limited
Linius Technologies Limited (ASX:LNU) is set to revolutionise the world of video. The Linius Video Virtualization Engine™ has cracked the code of content intelligence and created the next evolution of video streaming.
Linius transforms cumbersome, static video ﬁles into agile, dynamic ﬁles that can be easily manipulated on the ﬂy, in order to deliver an enhanced, custom experience for both broadcasters and end-users in any way imaginable, and some as yet to be imagined.
Linius has the potential to transform many market sectors, and is initially focused on:
- Delivering personalised advertising solutions for broadcasters
- Video security and reduced piracy
- Enhancing search engine monetisation
- Security-service applications
Linius’ patented Video Virtualization Engine™ cuts costs and boost revenues across the multi-billion dollar video industry.
Source (1) The Zetabyte Era — Trends and Analysis – Cisco 2 June 2016
For more information, please contact: Chris Richardson, Chief Executive Oﬃcer
Linius Technologies Limited T: +61 3 9607 8234
Press and Media: firstname.lastname@example.org