ITV

Tag: SIG

  • Heritage Foods Ltd partners with SIG

    Heritage Foods Ltd partners with SIG

    Mumbai: Heritage Foods Ltd has partnered with SIG to package its beverages in aseptic carton packs. SIG has supplied Heritage Foods Limited with state-of-the-art, highly flexible filling solutions and innovative aseptic packaging, that will help position the company to meet evolving consumer needs.

    Heritage Foods Ltd has installed an SIG XSlim 12 Aseptic filling machine at its manufacturing unit in the Medchal−Malkajgiri district of Telangana. The filling machine can fill 12,000 SIG XSlimBloc carton packs per hour and has the flexibility to fill nine different volume sizes (from 80ml to 200ml) on the same filling line – and it takes less than 15 minutes to complete the volume change. This will help Heritage to reach diverse consumer groups targeting different price points.

    Heritage Foods Ltd vice chairperson & managing director Bhuvaneswari Nara said, “At Heritage Foods, our core promise is to delight our consumers with our products and deliver health and happiness. With the commissioning of the new line from SIG, we will be launching a wide range of products that cater to the numerous taste preferences of our consumers – from sweet and indulging milkshakes, to refreshing spiced buttermilk. We value our partnership with SIG as we share common values of sustainability and convenience.”

    Heritage Foods Ltd executive director Brahmani Nara said, “At Heritage Foods, we strive to continually grow our value-added products and one of the most critical segments for driving growth is the drinkables for us. In the drinkables segment, growth depends on innovation and distribution expansion and the interplay between the two. This is where the new SIG line is going to make a difference. With the filling technology in place, we can create a wider range of drinkables, and the variable pack sizes allow us to have the same product at multiple attractive price points and open up new consumer segments, which was not possible before our partnership with SIG.”

    Like all SIG carton packs, SIG XSlimBloc carton packs have a high share of forest-based renewable materials, a lightweight and space-saving design, are produced using 100% renewable electricity, and designed to be fully recyclable. Heritage Foods Limited will utilize SIG’s packaging solutions to fill a wide range of its beverages. This will include different flavors of lassi, buttermilk, cold coffee, milkshakes, whey-based energy drinks, and UHT Milk.

    IMEA president & general manager at SIG Abdelghany Eladib said, “With Heritage Foods Limited’s strong position in the South Indian market and our innovative packaging solutions, we will be able to diversify the packaging landscape in India. This partnership is designed to boost growth for both companies and will help Heritage Foods Limited gain the flexibility to respond quickly to shifting market demands, while allowing SIG to further expand its presence in the Indian market. We are delighted to partner with Heritage Foods Limited and look forward to a long and fruitful journey ahead.”

    Vandana Tandan, head of markets, India and Bangladesh at SIG: “We are excited to be working with Heritage Foods Limited. By using our advanced and innovative packaging solutions and flexible filling technology, the dairy company is excellently positioned to diversify its offering, respond quickly and efficiently to changing market requirements, and seize the opportunities from the strong demand for on-the-go products that the Indian market is currently experiencing.” 

  • JumpTV adds 12 new TV channels; announces changes in management structure

    JumpTV adds 12 new TV channels; announces changes in management structure

    MUMBAI: JumpTV Inc. (www.jumptv.com), broadcaster of ethnic television over the Internet, has announced that the company has ended the year 2006 with 254 channel partnerships, is consummating the previously announced acquisition of Sports International Group and made several management appointments for 2007.

    JumpTV announced the signing of exclusive agreements with 12 new television channels before year-end bringing the total number of channels under license at 31 December 2006 to 254.

    The 12 new channels will be individually priced at US$9.95 per month when launched commercially, and some will become part of country/region-specific channel bundles at later dates. Banglavision will soon be included in JumpTV’s newly-launched Bangla Package of channels, which currently includes top Bangladeshi channels; Channel i, NTV Bangla and RTV Bangla. The addition of the 5 Pakistani and 2 Nigerian channels brings JumpTV’s Pakistani and Nigerian channel lineup to 9 channels and 3 channels respectively, and bundles will be launched for each of these countries soon, informs an official release.

    JumpTV International president and chief executive officer Kaleil Isaza Tuzman stated, “JumpTV is laser-focused on successfully executing against our three-phased strategy which began with (a) channel acquisition, followed by (b) building the best user experience for live video on the web and will be completed by (c) our subscriber acquisition efforts.

    The company’s board of directors has also announced that Kaleil Isaza Tuzman has been appointed of as president and chief operating officer of JumpTV Inc. He will however, continue to serve as president and chief executive officer of JumpTV International, the company’s wholly owned subsidiary.

    Alex Blum, who had previously held the position of president and chief operating officer of JumpTV Inc., will continue with the Company through the end of January to help facilitate the transition after which time he will serve on JumpTV’s Advisory Board and assume his new role as chief executive officer of a social networking and user generated content application service provider based in New York, adds the release.

    In addition, several other management appointments have been made to the team. JumpTV chairman and chief executive officer G. Scott Paterson said, “We have built an incredibly strong team of executives with global reach and experience. When I became CEO in May 2005, we had only seven exclusive channel partnerships and no third-party marketing/distribution relationships. Under Kaleil Isaza Tuzman’s leadership and tireless efforts, we have become the single largest carrier of ethnic television in the world with more than 250 exclusive channel agreements today, top-notch sports content and world-leading marketing/distribution partners. The board of directors and I are confident that in Kaleil’s expanded role he will provide the day-to-day leadership for our Company to achieve our objectives for 2007 and beyond.”

    In addition, JumpTV has previously announced the acquisition of Sports International Group LLC (SIG), the owner of www.SportsYa.com. The company anticipates closing the transaction no later than 8 January 2007.

    Former SIG CEO and majority shareholder Daniel Canel has become Chairman of JumpTV’s Latin American business unit, and will contribute materially to the company’s overall sports and corporate development initiatives.

    Pursuant to the acquisition, the company has issued 521,345 of its Common Shares. Application has been made to the London Stock Exchange for these shares to be admitted to AIM, such shares are expected to be admitted to AIM on 9 January 2007, adds the release.