NITV Completes takeover of Assets and subscribers of YCC Corp, Global Distributor of Bangladeshi TV Contents – New IT Venture Corporation

Press Release

NITV Completes takeover of Assets and subscribers of YCC Corp, Global Distributor of Bangladeshi TV Contents

Thursday April 1, 2010

New IT Venture Corporation (NITV) Japan based IPTV Technology & Solution Provider announced takeover of Head-end assets and subscribers of YCC Corp, global exclusive distributor of all major local broadcast and satellite TV channels from Bangladesh. All the YCC Internet TV Customer will move to NITV based IPTV Platform together with other bundle entertainment contents. YCC shall bring Popular Bangladeshi TV Channels like Channel i, ETV, Bangla Vision, JTV Bangla, Desh TV, ATN Bangla, RTV to NITV based IPTV Platform as a part of the deal.

About New IT Venture K.K. – NITV is a next generation OTT IPTV & Cloud Video Platform Company that has developed a Complete Video Streaming IPTV Solution for Broadcasters, Telcos, ISPs, Hospitality Services & Content Distributors. NITV has partnered with the world’s leading media and technology companies, NITV owns and operates different community based OTT IPTV Platforms and self IPTV Head-end. Founded by executives in the media, technology, and financial communities, NITV is headquartered in Tokyo, Japan, and maintains network operations facilities in Japan, USA, Singapore, Australia, and Europe, and a development center in Kathmandu Nepal. The team at NITV invites everyone to visit www.NewITVenture.Com to learn more about what the company is doing. We accept communication in Japanese, English, Nepalese, Hindi and Urdu.

About YCC Corporation– YCC was established in 1991 in Japan. It is a well organized and recognized company for telephony services. Company started Internet TV packages for Expat Bangladeshi community globally. Company headquarter is based in Tokyo Japan.

Press Contact:

Japan +81-3-5650-5430 press@newitventure.com

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JAPAN
NEW IT VENTURE CORPORATION
Kopo Yamato Bldg 2F, Tateishi 5-24-8
Katsushika-Ku, Tokyo 124-0012
NEPAL
NITV NEPAL LIMITED
Bansbari, Kapan Marg, House number 151
Near Thai Embassy, Kathmandu, Nepal
INDIA
NEW IT VENTURE (INDIA) PVT. LTD.
C9/9401, Vasant Kunj
New Delhi 110 070, India