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Warner Bros. and Linius sign collaboration agreement

Linius Video Virtualization Engine (VVE) to be tested in Australia with Warner Bros. films distributed to end users

New York(09 Feb 2018)

Linius Technologies Limited (ASX:LNU) today announces that it has signed a collaboration agreement with Warner Bros. Entertainment Inc. to conduct a technical pilot test in Australia of the Linius Video Virtualization Engine (VVE) in a transactional video on demand (“TVOD”) streaming and content platform that provides content protection through distribution to an end user.

Linius' technology platform will enable consumers to rent films for a limited period of time for viewing through a TVOD model using the Linius VVE for streaming those films as virtual videos.  Warner Bros. and Linius have agreed to collaborate on a pilot to test the streaming of certain selected Warner Bros. films over this platform using the Linius VVE.  The purpose of the pilot is to verify and validate a commercial use case for using Linius VVE.

The project is initially for the Australian market and will commence Q1 2018.

About Linius Technologies Limited:

Linius Technologies Limited (ASX:LNU) has invented and patented the Video Virtualization Engine  (VVE), which is available on Amazon Web Services, Microsoft Azure and IBM Cloud.