Espial a leader in the delivery of on-demand TV software and services, announced today that it intends to complete a brokered private placement (the "Offering") of up to 5,714,286 units for gross proceeds of up to $4,000,000.
OTTAWA, Aug. 14, 2013 - Espial today announced the latest version of the award-winning Espial TV Browser, which delivers a significantly enhanced user experience (UX) based on new HTML5, HbbTV, WebKit, and chipset capabilities.
Espial is a leading supplier of digital TV and IPTV software and solutions to cable MSOs and telecommunications operators as well as consumer electronics manufacturers. Espial’s middleware, video-on-demand, and browser products power a diverse range of pay-TV and Internet TV business models. Over 35 million licenses of its patented software are in use across the world.