Omega Set to Provide Peru With P2P Service
By Kim Yoo-chul
Staff Reporter
Omega Tender, which specializes in service oriented interactive video application, or SOIVA, said Wednesday it is at the final stage of negotiations with Telefonica in Peru to provide it with its wireless video networking systems.
Internet user penetration in the Andean nation is considerably higher than the average for Latin America.
The Peruvian government is aiming to increase broadband penetration from 2 percent to more than 3 percent by 2011.
The plan comes after the firm's patented SOIVA service was named as a standard format by South Korea's Telecommunication Technology Association (TTA).
The SOIVA solution system enables sellers and buyers to conduct direct deals by just putting an identification code on the Internet.
The P2P or PC-to-PC service is expected to integrate and simplify transactions in cyberspace, saving time and money for the both sides, Omega Tebder CEO Kim Sang-yong said.
``Users don't need to read product details in cyberspace,'' Kim added.
For the international standardization, the Korean government is planning to support 400 million won for the SOIVA system, government sources said.
Backed by government support, the Korean company has been forecast to expand its global footsteps.
Omega Tender has also recently been expanding its operations from China to the Philippines, exporting its products and services and helping authorities set up e-government systems.
It is a leading patented platform provider that specializes in a number of multimedia services, such as video yellow pages, moving pictures short message systems, real-time moving pictures electronic payment systems, and video conference maintenance technology.