Entertainment - London, England, United Kingdom
*What does Interactive Chat Systems do and what need does it serve?Twinners is a unique virtual Social Networking Platform broadcast on TV, Internet and Mobile devices which allows users to interact with the format by creating and piloting their avatar, do tricks, and chat using advanced telephony 2.0 (IVR and Business Logic System).*Who are the builders of ICS?The team is made of specialists in the field of 3D and gaming development as well as Social Media Strategy, Telecom technology, eCommerce (micro and recurring payments), and strategy in high growth companies. Members of the team are working in various countries including the Netherlands, USA, Denmark and Spain.*What is the market size for our offering?The overall global market for content - especially in TV which remains the single most important source of information and entertainment for billions of people - is expected to be worth $280.8 billion by 2012.*What makes us unique as compared to our competition?ICS has developed technology which brings Virtual Social Networking to TV - think 'Second Life' meets airwaves. We are the first company to bring 3D virtual interactive chat in real time on television in combination with the Web and Mobile.*Where are we in our growth plans?We have been piloting and testing on TV Copenhagen in Denmark for six months and are rolling out the first of three deliveries to RTL in Belgium in September, followed by SuperRTL in Germany and Grupo ANTENA 3 in Spain. Further prospects include Italy as well as Switzerland. In addition, agents have shown a strong interest in licensing the product in several areas of Asia and the Middle East but we have been cautious in matching our growth with our capacity. Exit plan focuses on M&A with leading global media property.