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NOTICE OF PRELIMINARY UNAUDITED RESULTS
April 24, 2014
SyQic (AIM:SYQ), a fast growing OTT provider of live TV and on-demand paid mobile video content across mobile and internet enabled consumer devices for global migrant communities, today announces that the Group will announce its Preliminary Results for the year ended 31 December 2013 on 15 May 2014.
An analyst briefing given by Jamal Hassim, Group Chief Executive Officer and Steve Elliff, Chief Financial Officer, will be held at 09.30hrs on Thursday 15 May at the offices of Abchurch Communications, 125 Old Broad Street, London, EC2N 1AR.
SyQic is a fast growing OTT (Over The Top) provider of live TV and on-demand paid video content across mobile internet-enabled consumer electronics devices such as mobile phones and tablets through its “Yoonic” platform. Yoonic has efficient mobile video streaming as its core offering and allows for close to high definition streaming, utilising adaptive bit-rate streaming technology that matches the available bandwidth through the Group’s proprietary encoding methodology, and can stream as low as 80kbps.
The Group has access to over 20,000 titles of online video-on-demand content as well as over 70 live television feeds comprising English language based content and native language content for a number of ‘home markets’ in Asia and their international migrant communities. The content is delivered through SyQic’s platform via a number of channels in the movies, drama, music, sports, news, lifestyle and general entertainment genres.
The Group, which is incorporated in Jersey and headquartered in the UK, already has a significant service footprint in the Philippines, Indonesia and Malaysia. The Group has also launched its service for the Bangladeshi community in the UK and Malaysia; and Filipino and other migrant content launches are planned for the UK, Europe, the Middle East and the Far East.