Telemedicine, the vision->Videolan Technologies Receives $10 Million Multi-Year Equipment Order
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LOUISVILLE, KY. (July 23) BUSINESS WIRE -July 23, 1997--VideoLan Technologies Inc. (NASDAQ: VLNT) today announced that it has received a blanket purchase order in excess of $10 million from Technovision Communications Inc.
This purchase order was received as a result of the recent acquisition of ImageLink Inc. and it is for their Media Master video conferencing board set. Deliveries are anticipated to be spread over a three year period, with initial shipments of approximately 640 units scheduled for delivery in calendar year 1997.
VideoLan Technologies Inc. and Technovision Communications Inc. have combined forces to provide a high bandwidth solution over 10,000 locations worldwide. "By partnering with VideoLan and ImageLink, we were able to provide the solution the customer wanted," David Fann, co-founder and president of Technovision stated. "I am encouraged by our client's selection of Technovision over a number of much larger video conferencing providers." Fann continued, "We were able to win this deal based on the quality of the solution and our open architecture design."
Technovision Communications Inc., is a San Diego based company which has developed a wide range of video conferencing solutions to meet a variety of vertical markets, including distance learning and telemedicine.
About VideoLan
VideoLan Technologies Inc. is a premier developer of video conferencing and video broadcast solutions based upon its Metallic Fiber(TM) transmission and broadband switching technology. VideoLan's technology enables broadcast-quality transport of high-speed, bi-directional, real-time voice, data and video over existing twisted pair copper wire infrastructures. VideoLan is based in Louisville and can be reached at 502/226-0099 or by fax at 502/226-0036. -0-
NOTE TO EDITORS: Metallic Fiber is a trademark of VideoLan Technologies Inc.
LB/na*
CONTACT: VideoLan Technologies, Louisville
Steven B. Rothenberg, 502/266-0099
KEYWORD: KENTUCKY
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET
Copyright ¸ 1997, Business Wire, all rights reserved.
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