SintecMedia Acquires StorerTV

Wed Jan 9, 2013 12:00am EST

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Creates New Opportunities and Product Lines for Networks and Station Groups
NEW YORK, Jan. 9, 2013 /PRNewswire/ -- SintecMedia, the leading broadcast
management software provider, has acquired an important player in the U.S.
broadcast management space. StorerTV, the top North American provider of media
program and contract rights management software solutions for the television
broadcast and cable industry, is now part of the SintecMedia family. StorerTV
clients will now be able to access  OnAirĀ®, SintecMedia's powerful, scalable,
all-in-one broadcast management solution as well as its related advanced line of
products. Furthermore, clients will enjoy the benefits that will come from an
unprecedented level of integration between StorerTV's SIMS platform and  OnAir, 
including best-in-class non-linear distribution capabilities.

SintecMedia CEO  Amotz Yarden  declared, "The opportunity to acquire StorerTV,
one of the industry's most recognized names in  the United States, bolsters
SintecMedia's North American presence. The acquisition enables us to extend our
product line and effectively makes SintecMedia one of the most powerful vendors
in the global media business solutions market. Station groups, networks and
other StorerTV customers will find exciting, new, comprehensive offerings from
SintecMedia that can help them generate greater revenues and profitability.
Based on StorerTV's stellar client-base, we are energized by the opportunities
for growth. We expect 2013 will be another great year for SintecMedia."

Yarden ended by saying, "We welcome the StorerTV team to the SintecMedia family.
With over 100 professionals including developers, implementation and support
staff, the SintecMedia US team is ready to meet the robust requirements of the
US market."

StorerTV Chief Operating Officer  Jay Batista, stated, "Since StorerTV's
founding over 25 years ago, we have consistently developed cutting edge software
that provides unparalleled advantages to our clients. Merging with SintecMedia
will maintain the intellectual leadership that has been fundamental to our
growth and success. We could not find a better partner to lead our technologies
for the next 25 years."

"As SintecMedia continues to strengthen U.S. sales, StorerTV's close
relationships with U.S. broadcasters is a big plus," said  Amir Lavi, Executive
Vice President and head of SintecMedia U.S. sales. "We are looking forward to
meeting station groups and networks' needs for end-to-end workflow solutions
that combine linear and non-linear traffic, sales, and programming in a single
framework."  

About StorerTV  
For more than 25 years, StorerTV has been the leading developer of cutting-edge
media program and contract rights management software solutions for the
television broadcast and cable industry. As a globally trusted business partner,
StorerTV continues to contribute new technology that allows media companies to
advance their business through enhanced operational workflows and true ROI
management solutions.

Whether you are a broadcast station, cable network, group owner, or a business
outside of the media industry, StorerTV has the resources and technical
expertise to help you realize fresh areas for growth.

Storer TV is based in  Milwaukee, WI.

About SintecMedia
SintecMedia is a leading global provider of management solutions designed to
meet the dynamic needs of broadcasters, media companies, cable MSOs and station
groups.  OnAir, SintecMedia's core product, is employed by leading networks in 
Europe,  Asia  and  North America  for managing airtime sales, traffic,
programming, and new media.  OnAir  combines traffic, sales, and programming in
a single framework to address the most pressing issues facing broadcasters and
media makers including comprehending multiple information levels, integrating
linear and non-linear capabilities and managing a full range of assets. Among
SintecMedia's North American clients are NBCUniversal, ABC, CBC Canada and
Televisa Mexico.

SintecMedia has a staff of over 300 employees with offices in  New York, 
Denver,  London  and  Jerusalem  and is backed by the private equity firm
Riverwood Capital (www.riverwoodcapital.com). Please visit  www.sintecmedia.com.
 

SOURCE  SintecMedia


Moses Zelniker, Vice President Marketing, SintecMedia, +1-917-606-5310,
mosesz@sintecmedia.com
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