SAO PAULO ― Oct. 15, 2018 — Today at Futurecom, Vindicia, an Amdocs company (NASDAQ: DOX) and the leader in business-to-consumer digital services monetization, announced that Turner Internacional Argentina, a division of Turner International, has chosen Vindicia CashBox to power the entire subscription lifecycle for its innovative gaming streaming service, GLOUD.
The GLOUD service aims to revolutionize the industry by offering a simple, affordable and accessible quality gaming experience, allowing consumers to play console-quality video games via streaming and on-demand without the need to purchase expensive consoles or download large files to a computer. Turner International selected Vindicia because of its ability to provide consumers with an easy and seamless experience when signing up for GLOUD.
“We selected CashBox because, more than a digital billing service, it’s a solution for a subscription business like ours that supports all aspects of the subscription business lifecycle,” said Lionel Zajdweber, Director, Gaming & Innovation, Digital Ventures & Innovation, Turner International.
“We are pleased that Turner International has selected CashBox to support all aspects of their digital subscription business requirements,” said Kris Nagel, head of Vindicia, an Amdocs company. “To acquire and retain customers for its new cloud-based gaming service, Turner International demanded a SaaS-based platform that is secure, fast and reliable. And that’s exactly what CashBox delivers. CashBox provides the power, flexibility and data-driven insights that companies need to succeed in the digital economy.”
As a leading provider in the entertainment space, Amdocs continues to execute on its media strategy, helping its customers deliver premium content services across multiple channels and capture a leading position in the digital economy. Vindicia CashBox is an extension of this industry leadership and addresses the demands of over-the-top (OTT) and Internet companies to provide enhanced digital experiences while also driving higher subscription revenue growth.
Vindicia CashBox is a SaaS-based digital subscription platform for digital goods that accelerates business growth via data-driven insights, improved customer acquisition and extreme ease of use for subscribers. Other benefits include scalability and reliability; go-to-market flexibility; international and multiple payment options; and finance, tax and anti-fraud capabilities. For more information about Vindicia CashBox, please visit www.vindicia.com/products/vindicia-cashbox.
Vindicia, an Amdocs company, offers comprehensive subscription management solutions that help businesses acquire and retain more customers. Providing much more than just a billing and payments system, the company’s SaaS-based subscription management platform combines big data analysis, strategic consulting and proprietary retention technology. Vindicia provides its clients with more recurring revenue, more customer data, better insights, and greater value throughout the entire subscriber lifecycle. That’s why they call us the Subscription People. To learn more visit www.vindicia.com.
Amdocs is a leading software and services provider to communications and media companies of all sizes, accelerating the industry’s dynamic and continuous digital transformation. With a rich set of innovative solutions, long-term business relationships with 350 communications and media providers, and technology and distribution ties to 600 content creators, Amdocs delivers business improvements to drive growth. Amdocs and its 25,000 employees serve customers in over 85 countries. Listed on the NASDAQ Global Select Market, Amdocs had revenue of $3.9 billion in fiscal 2017. For more information, visit Amdocs at www.amdocs.com
Amdocs’ Forward-Looking Statement
This press release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements about Amdocs’ growth and business results in future quarters. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations will not be material. Such statements involve risks and uncertainties that may cause future results to differ from those anticipated. These risks include, but are not limited to, the effects of general economic conditions, Amdocs’ ability to grow in the business markets that it serves, Amdocs’ ability to successfully integrate acquired businesses, adverse effects of market competition, rapid technological shifts that may render the Company's products and services obsolete, potential loss of a major customer, our ability to develop long-term relationships with our customers, and risks associated with operating businesses in the international market. Amdocs may elect to update these forward-looking statements at some point in the future; however, the Company specifically disclaims any obligation to do so. These and other risks are discussed at greater length in the Company's filings with the Securities and Exchange Commission, including in our Annual Report on Form 20-F for the fiscal year ended September 30, 2017 filed on December 11, 2017 and our quarterly 6-K form furnished on February 12, May 21 and August 13, 2018.