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SmarTV and Quadriga Announce Merger

Quadriga Worldwide, an international provider of guest technology managed services for the hospitality industry, and The SmarTV Company (SmarTV), software and hardware developer of interactive entertainment solutions for commercial and consumer markets, are merging to become a global guest technology and managed services provider to the hotel industry. The merged company’s mission is to maximize guest engagement and satisfaction, enhance the HSIA and entertainment experience, and strengthen on-property value through increased revenue and operational efficiencies for hotels.
Operating under the Quadriga Worldwide brand name, the company will focus initially on North America, Europe, the Middle East and Africa where the group has existing sales and operational resources. SmarTV, which will rebrand as Quadriga Technology, will continue to provide world class technologies and products to enhance the overall Quadriga Worldwide brand with additional software development and hardware product innovation to deliver hoteliers an integrated platform that drives value through guest engagement. Utilizing the strengths of both companies, the newly combined company can focus on developing the most advanced hospitality entertainment solutions and services organization across the world by leveraging innovation, technology expertise and experience, a well-established global distribution network and managed services capabilities.
Quadriga Worldwide will offer hoteliers in all tiers of the market an integrated product line with greater user interface design flexibility, mobile and wireless solutions, better analytic and measurement tools, and advanced technologies for ease of streaming and consumption of content via guest-centric devices.
Both Quadriga and SmarTV have long recognized the need in the industry for companies to join forces to deliver scale and provide globally managed services and technology to hoteliers.
The companies have executed the initial agreement and started integration planning. Seale Moorer will become Chief Executive Officer of the combined group and will focus on the overall group’s vision and global presence in addition to driving the group’s product development efforts. Roger Taylor will become Quadriga Worldwide’s President and Chief Operating Officer focusing on the operational performance and growth of the group in all geographies. In addition, Nikki Beckett will join the Board of Directors as Chairman. Completion of the merger is scheduled for December 2014. 
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