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ABOUT NETGEM

Netgem provides telecom operators worldwide with the technology, the expertise and the flexible business model to develop innovative convergent services combining the best of TV, Internet and multimedia home network contents.

Netgem was founded by Joseph Haddad and Olivier Guillaumin in 1996 with the vision of enriching the Television experience with the power of the Internet. Despite the limitation of Internet infrastructure at that time, Netgem grew and established itself as a key player of this emerging industry of hybrid TV and Internet set-top boxes.

Higher broadband penetration, growing appetite of consumers for Internet and online video consumption and the need for Telecom Operators to value their network have been key drivers of the IPTV market in France. In its home market, Netgem seized this opportunity in 2003 by partnering with N9UF Telecom, an alternative emerging telecom operator, to develop an innovative IPTV and already hybrid DTT/IP solution. Other French ISP customers soon followed.

From 2003 to 2008, Netgem has deliberately focused itself on the leading French IPTV market with the objective of building strong expertise and mass market ready products to ensure high satisfaction and success of its main customers, now merged into SFR. Netgem passed the two millions mark for its HD hybrid broadcast and broadband set top boxes shipments in France at the end of 2009.

Based on this success and with the launch of a major evolution of NetgemTV software, Netgem has now decided to accelerate its international development. Timing is right as the IPTV market is maturing and growing very fast, particularly in Europe and Asia Pacific. This acceleration is driven by the need of telecom operators worldwide to now differentiate themselves by developing innovative branded TV and connected home services to grow revenues, reduce churn and escape the "network commodity" risk while optimizing CAPEX and OPEX.

With this opportunity in mind, Christophe Aulnette joined Netgem in July 2009 as Managing Director. Jointly with Joseph Haddad, President of Netgem, their objective is to leverage Netgem's innovative hardware and software technology assets to grow the business within the global IPTV market.