TRANSGAMING INC. V.TNG

News

[Wyndham44]

TransGaming Announces Monetization of GameTree TV Across Smart TVs Globally Introducing a Digital Payment Platform For HTML5 Cloud Gaming Subscribers 13:27 EST Thursday, January 08, 2015 Print this article LAS VEGAS, NEVADA--(Marketwired - Jan. 8, 2015) - Editors note: There is an image associated with this press release. TransGaming Inc. (TSX VENTURE:TNG) today announced at CES 2015 that it will be monetizing its on-demand cloud gaming service GameTree™ TV across its global Smart TV ecosystem, in partnership with leading global monetization platform Paymentwall. TransGaming's GameTree™ TV holds the largest connected TV distribution footprint in the world, currently accessible on over 100 million Smart TV's across its TV OEM partners including: LG, Samsung, Panasonic, VIZIO, Philips, Toshiba, and Sharp. The partnership will allow TransGaming to monetize its monthly active users via subscription and in-game micro-transaction payments using Paymentwall's all-in-one Smart TV payment suite. "In partnership with Paymentwall we are able to monetize GameTree TV's rich catalogue of HTML5 games across our global Smart TV distribution channels in new and innovative ways," said Dennis Ensing, COO & Interim CEO at TransGaming. "We have demonstrated our industry leadership within the rapidly expanding Smart TV gaming market by securing partnerships with every major TV OEM provider on the planet. Now, by becoming the first company in the world to introduce sophisticated payment capabilities on Smart TVs, we are capitalizing on the opportunity to unlock the full monetization potential of the massive addressable market we have secured." TransGaming's GameTree™ TV HTML5 service is ubiquitous across all its Smart TV partners, making connected TV gaming a mainstream activity by delivering an entertaining and interactive experience that can be enjoyed by everyone with access to a Smart TV. HTML5 games & applications solve hard problems for developers who are increasingly targeting a multi-device, multi-platform world. GameTree TV works directly in any browser or platform without additional plugins or installations, utilizing one code base that allows games to run on any device supporting HTML5, including TV, Mac, PC, and mobile. "This partnership facilitates the monetization of TransGaming's service through Paymentwall, while allowing GameTree TV to expand into new markets worldwide," said Honor Gunday, CEO & Founder at Paymentwall. "TransGaming's bigger-picture thinking will enable the company to become one of the first to successfully monetize their Smart TV user-base worldwide." Paymentwall's secure card tokenization makes one-click checkout a breeze, simplifying recurring billing for GameTree TV subscriptions with an intuitive UI requiring only numeric input that allows users to quickly and effortlessly complete their purchases. Alternate checkout methods are also available on a secondary device like a laptop, tablet or smartphone by visiting a unique URL or scanning a QR code to easily complete the purchase. Once subscribed to GameTree TV the service will feature a new selection of top rated games and features as part of an updated catalogue.

[smithgee]

Nice, about time they figured out how to start genearting some revenue.

[yyz123]

This post has been removed in accordance with Community Policy

[docgalo2010]

Investors have to come to realize some day TNG is racking up customs a a very good rate...sooner or later this one is going to fly....