SOURCE: NeuLion, Inc.

NeuLion, Inc.

September 14, 2015 02:00 ET

Euroleague Selects NeuLion to Power Worldwide OTT Digital Service

NeuLion® Digital Platform to Enable a User-Friendly, Personalized and Reliable Experience for All Live and On-Demand Content From Europe's Largest Basketball League

PLAINVIEW, NY--(Marketwired - September 14, 2015) - NeuLion, Inc. (TSX: NLN), a leading technology product and service provider specializing in the broadcasting, distribution and monetization of live and on-demand digital video content to Internet-enabled devices, today announced that it has been selected by Euroleague Basketball to power its new Euroleague TV digital service worldwide. The NeuLion® Digital Platform will enable the highest-level professional basketball league in Europe, with 24 teams from 12 countries, to offer fans a more user-friendly, personalized and reliable online destination for all live and on-demand basketball action throughout the Turkish Airlines Euroleague season that starts on October 15, 2015.

NeuLion will enable the delivery of Euroleague's OTT content to a global audience, giving fans access to their favorite teams anytime, anywhere across multiple devices including PC, smartphones and tablets. The all-new digital destination will give fans the ability to watch up to four games at once using quad view, along with access to real-time highlights, social media integration and more. The service platform will initially be available in English and Turkish, with plans to add more languages in future releases. The games will feature live voiceovers in English, with plans to integrate the teams' local languages in the future. Euroleague joins the ranks of premium global properties like the NBA, NFL, UFC and the Premier League, who trust NeuLion's technology and service to deliver its content to their fans across the globe.

"We are excited to partner with NeuLion to offer our dedicated fan base a brand-new, live and on-demand game experience unlike any other," said Euroleague Basketball President and CEO Mr. Jordi Bertomeu. "With NeuLion's extensive experience in live sports delivery and their global footprint, we couldn't think of a better partner as we strive to provide our fans with the best possible viewing experience."

The NeuLion Digital Platform is an end-to-end platform providing licensed components from content ingestion, encoding and management to content security, monetization and monitoring that streamline the content delivery process. The platform facilitates the streaming and sharing of high-quality content up to Ultra HD/4K, including premium sports and entertainment content.

"We are excited to partner with the top basketball league in Europe as we continue our worldwide growth," said NeuLion CEO Dr. Kanaan Jemili. "Our platform allows Euroleague to give its fan a more sophisticated experience than previously provided, while continuing to expand and grow its service with new features and enhancements once they hit the marketplace."

NeuLion will be showcasing live demonstrations of its services at IBC 2015. Visit NeuLion in Hall 14 Stand F34.

NOTE TO EDITORS: To book a media briefing with NeuLion at IBC 2015, please contact Solange Jacobs Randolph at solange.randolph@neulion.com.

About Euroleague Basketball
A global leader in sports management, Euroleague Basketball develops and organizes elite competitions, sporting events, corporate social responsibility programs and educational initiatives. Founded in 2000 under a breakthrough private organizational model for European professional team sports, Euroleague Basketball manages the continent's two premier men's basketball competitions, the Turkish Airlines Euroleague and the Eurocup, as well the sport's premier under-18 showcase, the adidas NEXT GENERATION TOURNAMENT. Both the men's and junior European champions are crowned each spring at world basketball's signature weekend event, the Turkish Airlines Euroleague Final Four. For aspirants to careers in sports management, the Euroleague Basketball Institute offers the expertise of industry leaders through seminars, clinics, summits and a certified master's degree program. Most recently, Euroleague Basketball launched the groundbreaking corporate social responsibility program One Team, which unites 32 of its own clubs and world-renowned partners to support at-risk communities in 14 countries through grass-roots activities that have reached more than 10,000 participants to date. Find more details about Euroleague Basketball at www.euroleague.net. Follow Euroleague on Facebook (www.facebook.com/TheEuroleague) and on Twitter (@Euroleague). You can watch all the live action at www.euroleague.tv

About NeuLion
NeuLion, Inc. (TSX: NLN) offers solutions that power the highest quality digital experiences for live and on-demand content up to 4K on any device. Through its end-to-end technology platform, NeuLion enables digital content management, distribution and monetization for content owners worldwide including the NFL, NBA, World Surf League, Univision Deportes, Euroleague Basketball and others. With the recent acquisition of DivX, LLC, NeuLion also operates a robust consumer electronics licensing business that has enabled over 1 billion devices worldwide with secure, high-quality video playback, and delivers a DivX consumer software offering that has been downloaded over 1 billion times. NeuLion's customers include major sports, entertainment and global content companies as well as major consumer electronics manufacturers and software companies. NeuLion is headquartered in Plainview, NY. For more information about NeuLion, visit www.NeuLion.com.

Forward-Looking Statements
Certain statements herein are forward-looking statements and represent NeuLion's current intentions in respect of future activities. Forward-looking statements can be identified by the use of the words "will," "expect," "seek," "anticipate," "believe," "plan," "estimate," "expect," and "intend" and statements that an event or result "may," "will," "can," "should," "could," or "might" occur or be achieved and other similar expressions. These statements, in addressing future events and conditions, involve inherent risks and uncertainties. Although the forward-looking statements contained in this release are based upon what management believes to be reasonable assumptions, NeuLion cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this release and NeuLion assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Many factors could cause NeuLion's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including: our ability to derive anticipated benefits from the acquisition of DivX; our ability to successfully integrate the operations of DivX; our ability to realize some or all of the anticipated benefits of our partnerships; general economic and market segment conditions; our customers' subscriber levels and financial health; our ability to pursue and consummate acquisitions in a timely manner; our continued relationships with our customers; our ability to negotiate favorable terms for contract renewals; competitor activity; product capability and acceptance rates; technology changes; regulatory changes; foreign exchange risk; interest rate risk; and credit risk. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. A more detailed assessment of the risks that could cause actual results to materially differ from current expectations is contained in the "Risk Factors" section of NeuLion's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, which is available on www.sec.gov and filed on www.sedar.com.

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Contact Information

  • CONTACT INFORMATION

    PRESS CONTACT:
    Solange Jacobs Randolph
    +1 (858) 336-8728
    Email contact

    INVESTOR RELATIONS CONTACT:
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    Ed McGregor/Jody Burfening
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