Major Broadcast Operator Selects Path 1 for IP-based Video Transport
Major Broadcast Operator Selects Path 1 for IP-based Video Transport
Deal Marks First Sale of Path 1's Vx8000 Video over IP Gateway
SAN DIEGO, June 21 /PRNewswire-FirstCall/ -- Path 1 Network Technologies Inc. (AMEX:PNO), a leading provider of products that enable the transmission of broadcast-quality video over IP networks, announced today that it has received its first order for its Vx8000 video gateway. The order, valued in excess of $375,000, is from a major broadcast operator for use in the U.S. market. The customer will use the Vx8000 gateways to facilitate the reliable transport of all TV broadcasts (including high-definition programs) between its major broadcast centers and primary distribution facilities. This private IP network, operating 24/7, will be used to transport the customer's complete channel lineup, which is then distributed to all of its customers across the United States. The order is scheduled to be filled within the next several weeks.
The Vx8000s, which will be used in this deployment, are multi-port, bi-directional IP video gateways for live broadcast applications. Designed for maximum flexibility, these products enable broadcasters, cable TV operators, IPTV service providers and satellite broadcasters to deliver real-time, broadcast-quality MPEG-2 and MPEG-4 video in both Standard (SD) and High Definition (HD) formats to remote locations over public and private IP networks. By integrating the Vx8000, terrestrial and satellite TV operators can inexpensively enhance their real-time video capabilities and scale their support for these services as demand grows over time.
The Vx8000 uses the latest standards-compliant techniques for forward error correction (FEC), which are critical for live broadcast applications. This FEC scheme is designed to compensate for IP network jitter, packet loss, duplicate packets, and out-of-order packets, so that video quality and integrity are not compromised as content is delivered in real time. With its multi-port and bi-directional capabilities, a single Vx8000 supports eight simultaneous video streams that would otherwise require eight separate IP gateways to deliver the same functionality. Because it is standards-based, the Vx8000 is also fully interoperable with virtually any type of networking equipment and can be deployed into any existing broadcast infrastructure.
About Path 1 Network Technologies Inc.
Path 1 Network Technologies Inc. produces a full line of video transport products that enable the conversion and distribution of real-time, broadcast-quality video over Internet Protocol (IP) networks. From the delivery of live MPEG-2 and MPEG-4 standard definition and high definition broadcasts to Video on Demand (VOD), Path 1's video infrastructure platforms allow broadcasters, cable, telco, satellite and mobile operators to transmit high-quality point-to-point, multipoint and multiplexed video over public or private IP networks. To find out more about Path 1 Network Technologies Inc. (AMEX:PNO), visit our website at www.path1.com or call 877/ONE-PATH (663-7284).
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "future," "plan," or "planned," "will," or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events or results to differ materially from those projected in the forward-looking statements, including the risks that we may require future financing, that our products may not achieve customer or market acceptance or that they will not perform as expected, that customer trials may not lead to future sales, that our sales may fluctuate between reporting periods and other risks identified in our annual report on Form 10-K and other filings with the SEC. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Path 1 undertakes no obligation to update such statements.
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Media Contact: Investor Contact:
Dan Album Todd Fromer / Erika Levy
Sterling Communications KCSA Worldwide (for Path 1)
Office: 760-730-1469 (212) 896-1215 / (212) 896-1208
Mobile: 408-569-2816 tfromer@kcsa.comdalbum@sterlingpr.comelevy@kcsa.com
Source: Path 1 Network Technologies Inc.
CONTACT: Media, Dan Album of Sterling Communications, +1-760-730-1469,
or Mobile, +1-408-569-2816, dalbum@sterlingpr.com, for Path 1; or Investors,
Todd Fromer, +1-212-896-1215, tfromer@kcsa.com, or Erika Levy,
+1-212-896-1208, elevy@kcsa.com, both of KCSA Worldwide, for Path 1
Web site: http://www.kcsa.com/
Web site: http://www.path1.com/
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