Netgem : H1 2017 Results

Paris - La Défense, 27, July 2017

Activity, results and financial position

The first half of 2017 was characterized by a very good performance with our European customers, all of which are continuing to recruit new subscribers to their entertainment offerings built on Netgem's platform. The product offering for European customers continues to strengthen thanks to the increasing penetration of the virtual set-top-box platform (Diamond) and the first positive feedback for the Soundbox solution.

Soundbox combines the Diamond virtual set-top-box software with an enhanced version of a soundbar designed with specialist audio partners. This unique system combines audio and video services within a single application and a single device for all screens and rooms in a home. Netgem's Telco customers see it as a way to differentiate their offers, increase their income and reduce their capex since the system no longer requires set-top boxes. The consumer gains an innovative solution offering maximum simplicity, limiting the number of devices, applications and remote controls necessary to implement a complete digital entertainment system.

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