And Minerva already has competition for this new device?...
(Sounds like someone developed the platform, then found some customers. Shades of MVP?)
Optelecom, Inc. Announces New Transform Digital Video System
10/26/98
PR Newswire
(Copyright (c) 1998, PR Newswire)
ANAHEIM, Calif., Oct. 26 /PRNewswire/ -- Optelecom, Inc. today announced the introduction of its new Transform Digital Video System (DVS), the first low bandwidth MPEG - 2 video access product designed for business network applications.
The Transform DVS features state-of-the-art video compression technology designed to provide users cost effective, easy to use solutions that meet their corporate communications, distance learning, and video surveillance needs. The company made the announcement at the opening of TeleCon XVIII, the world's largest conference and trade show for business and educational video users held at the Anaheim Convention Center.
"Transform supports broadcast quality, real-time video and audio transmitted at bandwidth efficient data rates for business television, video conferencing, corporate training, and the delivery of critical information directly to the desktop either live or on-demand," stated Edmund Ludwig, Optelecom president and CEO. "The Transform DVS offering represents Optelecom's latest effort in our continuing focus on integrated video technologies. These new network video technologies will augment our existing fiber transmission and copper distribution products allowing Optelecom to take full advantage of the increasing bandwidth and demand for video in today's business environment. Transform DVS delivers real value to our customers by combining reliability, flexibility, ease-of-use and top-flight performance."
David Getchell, Optelecom's vice president of marketing and sales added, "Service provider and network integration customers will now have a single digital video platform with which to solve a variety of business and educational end user problems. For example, in distance learning the challenge is finding an effective system to link the participants together. Our Transform products provide the image quality and reliability to deliver a natural learning environment to remote classroom settings. The system's low data rate requirements and standard network interfaces allow cost effective deployment making it also ideal for critical security/surveillance applications such as traffic incident detection, remote facility monitoring, and theft loss management."
At the heart of the Transform product is the real time embedded operating system, allowing simple and reliable "plug-and-play" operation from this stand-alone network appliance. The built-in HTTP server offers easy web-based management and can be controlled from a standard browser anywhere on the network or over the Internet anywhere in the world. Industry standard WAN and LAN interfaces, a wide range of delivery profiles, inverse mux capabilities and interactive or one-way decoder options allow seamless integration into almost any type of network.
Certain statements in this press release, including without limitation, statements as to the Company's internal growth, or as to the Company's or management's beliefs, expectations or opinions, are forward looking statements as contemplated under the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties and are subject to change at any time.
Optelecom, Inc. designs, manufactures and markets video communication products, specializing in transmission and distribution equipment for the delivery of real time video. The company's integrated video solutions include fiber optic transmission, UTP copper distribution, and digital video conversion & access products. From simple baseband transmitters and bulans to complex broadband systems and video distribution switches, Optelecom offers innovative technologies that meet our customers' needs. Headquarters are located at 9300 Gaither Road, Gaithersburg, Md. 20877; telephone 301-840-2121.
/CONTACT: Rick Alpert of Optelecom, 301-948-7872/ 11:35 EST |
