This five-year agreement includes the licensing of video-on-demand (VOD) related client setup box software, SeaChange Axiom-component software and DVD On Demand software. Additionally, this contract includes annual software subscription, maintenance services, and the opportunity for custom software development. The agreement also incorporates other current and future VOD products and services offered by SeaChange.
With this agreement, the company completes one of the two VOD master purchase agreements it had anticipated signing prior to its fiscal 2008 third quarter earnings announcement.