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The European Union will contribute financially to the development of the Software Mind IPTV

Software Mind SA has started its research and development work on creating an innovative Software Mind STB Intranet & TV solution. Financing of the work will be covered mostly by a grant which the company received under Measure 1.4 of the Operational Programme Innovative Economy 2007-2013.
SThe European Union will contribute financially to the development of the Software Mind IPTV products
The objective of the project is to provide network operators, ISPs (Internet Service Providers) with a complete "end-2-end" solution that is flexible, competitive, affordable and enables the control of television, the Internet and a set of dedicated applications by means of an STB (set-top-box) device and a TV set. The project will build an innovative, cost-effective STB device including software, so that the current Software Mind IPTV platform will be complemented by another important element.

With this solution, without the need to invest in expensive equipment (just using the TV and low-cost set-top box), individual users (ISP subscribers) will be free to enjoy high-speed Internet access and high-quality digital television (SD, HD). An additional objective of the project is to develop dedicated OTT (over-the-top) applications, available to subscribers via TV.

The recipients of the
Software Mind IPTV solutions will be ISP operators on the Polish market and EU markets (Norway, Luxembourg, Germany) and North America. The project will last one and a half years, the combined amount of the project is PLN 4.51 million, the amount of funding is 1.48 million PLN, the target solution will be available from Software Mind SA in the fourth quarter of 2012.

Konrad Siatka, vice president of Software Mind SA
"We are very pleased to have received the grant and with the fact that our plans for the development of the Software Mind IPTV Platform have been appreciated. Thanks to co-financing of the development of IPTV products, we will bring our plans related to the development of functionality to faster fruition and we will soon deliver an innovative product to our customers and expand its international expansion"

says Konrad Siatka, vice president of Software Mind SA.




About Software Mind SA:

Software Mind S.A. is a software house type of company which produces and delivers software solutions for the global market. The company offers solutions for the B2B segment in the telecommunications, financial and banking,energy and infotainment sectors.

In the segment of
infotainment services, the company offers a modern set of hardware, software and services - Software Mind Hospitality Suite - allowing hotels to offer a unique portfolio of dedicated solutions for the most demanding customers. Our solutions are successfully implemented in the following hotels: the Likus Hotel chain, Hotel Rubinstein (Krakow), Hyatt hotels, Al-Mansor Hotel (Saudi Arabia), Ramada hotels (India).


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