Exent Selected to Lead European Union's Games@Large Initiative of Platform Enablement Game Technologies.SAN FRANCISCO -- The European Union's Sixth Framework Program (FP6) Games@Large initiative will be led by Exent Technologies, the global market leader in broadband-based solutions for the monetization of PC and video games. Games@Large is focused on enabling consumer electronics platforms and devices to be video game ready. Thus, European consumer electronics companies will be able to position themselves in the video gaming space. Platform enablement technologies make it possible for video games to run on consumer electronics devices they were not originally designed to run on. The Games@Large initiative will enable consumers to play video games at any location on multiple devices, including set-top boxes, next-generation TVs, media extenders and handheld devices. Exent will head a consortium of 15 global organizations, including Philips Electronics, Atmel, Portugal Telecom and Fraunhofer Institute. The Games@Large initiative will span four years of research, development and implementation of platform enablement game technologies, with an investment of a[logical not]16M. "Games@Large will enable companies from member countries to leap ahead of the field in game technology," said Zvi Levgoren, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Exent. "We view this as an excellent opportunity to significantly impact the market by revolutionizing the way video games are consumed, enabling ubiquitous game-play and opening the market to additional consumer electronics manufacturers." The overall video game market is expected to reach $46 billion in 2010 from $27 billion in 2005, according to a recent PricewaterhouseCoopers report. With the "digital living room" on the rise, Games@Large and its platform enablement innovation will open new areas of economic opportunities in the game and entertainment market for companies of several areas. Consumer electronic manufacturers will be able to launch significantly cheaper, as compared to game consoles, devices to serve as game platforms, and to play a significant role in this arena. In addition, service providers and game publishers can use the technology to create new channels for end users to access game titles. Consortium members: Fraunhofer Gesellschaft zur Foerderung der angewandten Forschung e.V, Germany; Philips Electronics Nederland B.V, The Netherlands; Philips Consumer Electronics Philips Consumer Electronics is a part of Koninklijke Philips Electronics N.V. (usually known as Philips); and is one of the largest electronics companies in the world. In 2005, its sales were € 30.4 billion (US$38. B.V, The Netherlands; VTT VTT Technical Research Centre of Finland VTT Valtion Teknillinen Tutkimuskeskus (Finnish: Technical Research Centre of Finland) VTT Vélo Tout Terrain (French: mountain bike; aka ATB or MTB) Technical Research Centre, Finland; Research Academic Computer Technology Institute The Research Academic Computer Technology Institute - RACTI (Greek: Ερευνητικό Ακαδημαϊκό Ινστιτούτο , Greece; Deuromedia Technologies Entwicklungs und Vertriebs GmbH, Austria; ATMEL Hellas S.A, Greece; University of Genoa Located in Liguria on the Italian Riviera, the university was founded in 1471. It currently has about 40,000 students, 1,800 teaching and research staff and about 1,580 administrative staff. , Italy; Eindhoven University of Technology The Eindhoven University of Technology (in Dutch: Technische Universiteit Eindhoven or TU/e, and formerly Technische Hogeschool Eindhoven or THE) is a university of technology located in Eindhoven, the Netherlands. , The Netherlands; Goldsmiths College, UK; Amal Me'ever U'me'al, Israel; Portugal Telecom Inovacao, Portugal; Mentelecale Sr , Italy; GHM GHM Groupes Homogènes de Malades GHM Gay Hispanic Male GHM God Help Me GHM General Hydrological Model GHM Gerdt H. Mathiesen AS GHM Guest-Host Mode GHM General Health Maintenance Gesthotel Danshir EURL EURL Entreprise Unipersonnelle A Responsabilite Limitee , France About the European Union's Sixth Framework Programme The Sixth Framework Programme (abbreviated FP6) was the Framework Programme for Research and Technological Development from 2002 till 2006 set up by the European Union (EU) in order to fund and promote European research and technological development. for Research and Technological Development (FP6) The EU Framework Programme 6 (FP6) has two main strategic objectives: Strengthening the scientific and technological bases of industry and encouraging its international competitiveness while promoting research activities in support of other EU policies. FP6 is focused on a number of thematic priorities, including Information Society Technologies. EU FP6 website: http://cordis.europa.eu/fp6 About Exent Technologies Exent is the leading global market solutions provider for broadband-based monetization of PC and video games. Exent delivers technologies and products for game publishers, broadband service providers, advertising agencies, consumer electronics manufacturers, media companies, brand owners, consumer portals, retailers and others. Exent's product line supports multiple solutions, including digital distribution of video games, cross-platform enablers, in-game advertising and community building solutions. Exent's digital distribution solutions supports both 2' and 10' environment and all standard business models - ad-based, purchase, subscription, rental, and try-before-you-buy, utilizing its leading streaming and DRM (1) (Digital Radio Mondiale) A digital audio broadcasting (DAB) system for AM radio in Europe. See HD Radio. (2) (Digital Rights M platform. Among the companies using Exent's technologies and services are Comcast, Verizon, Intel, Turner Broadcasting, Bell Canada, RCN RCN n abbr (= Royal Canadian Navy) → kanadische Marine , Telefonica, Deutsche Telekom, France Telecom, Portugal Telecom, KPN KPN Koninklijke PTT Nederland (Royal Dutch Telecom) KPN Konfederacja Polski Niepodleglej (Polish conservative party) , Telstra and others. Exent's major shareholders include Intel Capital, Cisco, Time Warner, Comcast, New Enterprise Associates, Concord Ventures, Avansis and Geyser. For more information please visit www.exent.com. |
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