Interactive Television: Portal Operator NetRange MMH Signs Comprehensive Cooperation Agreement With Vestel Group

Interactive Television: Portal Operator NetRange MMH Signs Comprehensive Cooperation Agreement With Vestel Group

HAMBURG, Germany, June 16, 2011/PRNewswire/ --

- One Million Devices are Already Expected to Arrive on the European
Market in the Next Twelve Months

Vestel Group, one of the largest largest TV manufacturers in Europe, is
to only use portal solutions from the German supplier NetRange MMH for
configuring Internet-compatible televisions. The agreement between Europe's
market leading OEM, Vestel, and the portal operator from Hamburg, NetRange
MMH, was announced in May of this year at the ANGA Cable Show in Cologne.

NetRange MMH is Europe's largest independent white label manufacturer of
full-service portal solutions. It develops, operates and markets web-based
interactive user interfaces for high resolution TV screens and, as such, it
is one of the world''s leading technology providers for connected TV.

Vestel Group equips renowned brand manufacturers in the field of
consumer electronics all over the world - over one million connected LCD TVs
are expected to be exported into European markets in the first year with the
main focus being on the UK, France, Spain, Italy and Germany. The quantity
will increase in the coming years.

U.S. market researchers forecast dynamic growth in the area of internet
compatible TV: in 2014, it is expected that Internet-compatible televisions
will command a global market share of 43%, which corresponds to 122 million
televisions.

About Vestel: Vestel Group are comprised of 25 companies operating in
manufacturing, technology development, marketing, and distribution fields in
the consumer electronics, digital technologies, and household appliances,
with EUR 3.7 billion turnover.

More information can be found at:

http://www.netrange.de

Contact information:
NetRange MMH GmbH
Steinhöft 5 - 7
D - 20459 Hamburg
Phone: +49(0)40280935-0
Fax: +49(0)40280935-0

Press contacts:
Margit Lehmann
Tel: +49(0)1712144347
margit.lehmann@netrange.de

Sengul Soytas
Tel: +90(236)2332582 Ext:5820
sengul.soytas@vestel.com.tr

Source: NetRange MMH GmbH

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