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Intel Invests in Singapore Entertainment Company

ANYTIME has announced that Intel Capital, the venture capital arm of Intel Corporation, has invested in a privately owned Singapore-based entertainment company. The investment will accelerate the availability of on-Demand entertainment to homes via the Internet in Asia Pacific. Intel Capital joins Fox, Sony, and Warner Bros among investors of ANYTIME.

ANYTIME TV is set to jumpstart Video on-Demand (VoD) entertainment in selected markets in Asia Pacific. President and CEO of ANYTIME Craig Zimbulis commented, "The immediacy, global reach and on-Demand nature of the Internet, together with the high penetration rate of broadband-ready PCs in homes in the region, support a new trend in how people get their entertainment. Today’s announcement positions ANYTIME to meet the rapidly expanding needs of consumers in Asia for rich media content using the Internet."

"Intel Capital’s investment in ANYTIME is another example of Intel’scommitment to make IP-delivered content available around the world," said Kevin Corbett, vice president of Intel’s Digital Home Group and generalmanager of the Content Services Group. "The ANYTIME TV service coupled with Intel Viiv technology-based entertainment PCs will create new digital entertainment experiences for millions of consumers across Asia Pacific, including the availability of exciting Hollywood movie content delivered directly from the PC to the TV."

"ANYTIME TV and Intel Viiv technology add up to a great digital entertainment experience," added ANYTIME’s Zimbulis. "There will be no more ad breaks, or rushing home to catch that show, Video on-Demand allows consumers to take complete control of the video entertainment experience from the comfort of their home and watch what they want when they want."


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