The assessment of compliance activities can be related to a company’s strategic goal. To achieve a full globally-oriented growth approach, TiVUS, Inc. has released information about ongoing sales and installations initiatives, as well as the company's regulatory compliance activities.
“I would like to update TiVUS friends and shareholders on a number of new and ongoing projects of interest to all,” commented Shiva Prakash, TiVUS' president and chief executive officer in a press release.
TiVUS, Inc., a technology entertainment services company, has completed installation of a first-in-class HD IPTV (News 
- Alert) ad-insertion platform allowing the host to migrate away from its legacy video-on-demand service.
Phil Marriott, TiVUS' executive vice-president of global sales, reported, “We have had remarkable success courting a customer with a string of properties in the Western U.S., and I expect this to come to fruition in the near future. Although not yet a paper contract, I am very optimistic - this was a lead from our recent meetings in Austin, Texas.
“Although the sales team has been courting scores of other properties, I believe the convergence of Host's acceptance of our HD IPTV with ad-insertion platform, vis-a-vis room occupancy rates trending nicely upward and hotel chain mandates to upgrade to HDTV, bodes extremely well for our sales strategy going forward,” Marriott concluded.
Steve Haag, investor relations and administration for TiVUS, reported, “After numerous audit activities, I am comfortable at present reporting I expect completion of the audit proper in the very near future, possibly around the beginning of November, maybe sooner. We have employed an enormous amount of time, energy, and resources to ensure we maintain a transparent, publicly auditable company. We intend to file a registration statement immediately following to become compliant with the fully reporting standards of the United States Securities and Exchange Commission (SEC (News - Alert)).”
In other company news, TMCnet reported that Tivus has announced the development of an advanced, Internet-based in-room video-on-demand (VOD) system.
Mandira Srivastava is a TMCnet contributor. She works as a full-time writer, ghostwriter and blogger, and has more than two years of experience in print and Web media. She has also worked on company brochures, website content and product descriptions, as well as proofreading and editing content. To read more of her articles, please visit her columnist page.Edited by
Jennifer Russell 
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