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Technology Stocks : Terayon - S CDMA player (TERN)
TERN 29.40+8.4%Dec 5 9:30 AM EST

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From: Frank A. Coluccio1/27/2006 5:26:17 PM
   of 1658
 
It's About Time!
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Terayon Restructures to Pure-Play Digital Video Company

Terayon Communication Systems is changing its corporate strategy to focus solely on its digital video applications and reduce its overall cost structure as a pure-play video business. The company is reviewing strategic alternatives for its Home Access Solutions product line, including the possibility of a sale.

"Our decision to concentrate solely on digital video applications enables us to laser-focus the company on a growing market for real-time network digital video processing and expand our applications and services," said Jerry Chase, Terayon, CEO.
terayon.com
26-Jan-06
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