www.kitcapital.com/articles.php?post=107 -
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Published on: 3/18/2008
Last Visited: 7/7/2008
"We have recognized for some time that Kamera could benefit from associating itself with a more global platform," explained Henrik Eklund, chief executive officer of Kamera Content."We believe that our strength in the Eurozone and our deep mobile TV experience will help bring about the overall vision for international IPTV enablement that ROO has set out for itself."
On an unaudited basis, Kamera generated approximately US$2.9 million of revenue in the 12 months ending December 31, 2007.Kamera management projects revenues of US$5.6 million in 2008.
Kaleil Isaza Tuzman, chairman and chief executive officer of ROO Group, commented, "Henrik and I have known each other for some time, and I have great respect for him and the Kamera team.