Eros Now Partners with Vindicia to Further Enhance the Entertainment Experience

Leading Digital Streaming Service teams with Vindicia CashBox to
maximize growth and enhance the user purchasing experience

BARCELONA, Spain–(BUSINESS WIRE)–Today at Mobile World Congress, Vindicia, an Amdocs company
(NASDAQ: DOX) and a leader in business-to-consumer digital services
monetization, announced that Eros Now, a cutting-edge digital
over-the-top (OTT) South Asian entertainment platform, has selected
Vindicia CashBox to enhance consumer experience. Through this alliance
Vindicia CashBox will help in accelerating the subscriber growth of Eros
Now around the world.

Eros Now offers a vast library of over 12,000 Indian films, music
videos, TV shows, original web-series and short-format content to more
than 142 million registered users and 15.9 million paying subscribers.
The platform delivers the best blockbuster movies in Hindi, Kannada,
Tamil and Punjabi as well as Indian music, music videos, high-end
digital original series and the recently launched Eros Now Quickie, a
new short-form content segment.

Commenting on the strategic alliance, Rishika Lulla Singh, CEO – Eros
Digital, said, “Eros Now has been a front-runner with its technological
advancement and the only Indian player to have global reach. This
alliance with Vindicia will enhance the consumer experience and offer
seamless transaction capabilities. With changing consumer dynamics, the
association will also help to provide subscriber intelligence that will
bring business agility to continuously boost the overall video watching
experience, thus driving consumer retention, global connecting and
increasing subscriber growth.”

“With the continued and growing traction of our media business in the
Asia Pacific region, we are thrilled that Eros Now has selected Vindicia
CashBox to support all aspects of their digital subscription business
requirements,” said Darcy Antonellis, head of Media, Amdocs. “With the
implementation of CashBox, Eros Now can immediately start to reallocate
resources from digital services monetization to more strategic areas as
they expand their offerings both within India and internationally,
enabling them to more effectively sign up new customers and retain
existing ones.”

As a leading provider in the entertainment technology 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 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; big data and
AI-based analysis; go-to-market flexibility; international and multiple
payment options; and finance, tax and anti-fraud capabilities.

Supporting Resources

  • Visit Amdocs at Mobile World Congress (Hall 3, Stand 3G10) to learn
    more about Vindicia
    CashBox
  • Watch
    Ali Hussein, chief operating officer at Eros Digital, explain why Eros
    Now selected Vindicia CashBox

About Vindicia

Vindicia, an Amdocs company, offers comprehensive subscription
management solutions along with subscription insights 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 and AI-based
analysis, strategic consulting and proprietary retention technology.
Vindicia provides its clients with more recurring revenue, more customer
data, deeper 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.

About Amdocs

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 $4.0 billion in
fiscal 2018. For more information, visit Amdocs at www.amdocs.com.

About Eros Now

Eros Now is Eros International Plc’s On-Demand South Asian
Entertainment Video Service accessible worldwide to viewers across
internet enabled devices including mobile, web and TV. With 12,000+
Movie titles, Music Videos, Television Programming and others Eros Now
caters to more than 142 million registered users and 15.9 million paying
subscribers worldwide with the promise of endless entertainment. Product
features, such as video in HD, multi-language subtitles, movie
downloads, and high-quality original drama series differentiate the Eros
Now entertainment offering. To see, watch now: www.erosnow.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, 2018 filed on December
10, 2018 and our quarterly 6-K form furnished on February 19, 2019.

Contacts

Shashi Shekhar Pandey
Amdocs Public Relations
Tel: +91
7838291362
E-mail: shashi.pandey@amdocs.com

Khushboo Parekh
Eros Now Public Relations
Tel: +91 9833459223
E-mail:
khushboo.parekh@erosintl.com

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