SAN JOSE, Calif., Aug. 26 /PRNewswire/ -- Thomson-CSF Enterprise Networks, Inc., a leader in multimedia ATM networking for the enterprise, announced today that it has signed an OEM agreement with InnovaCom, Inc. (OTC Bulletin Board: MPEG). Under the agreement, InnovaCom will purchase Thomson's 5000 series multimedia ATM switches for use in InnovaCom's TransPEGTM MPEG Audio Video Network (MAVNetTM) Solutions. In addition, the two companies will share resources to support the deployment of their integrated technologies into rapidly expanding video based markets and organizations interested in deploying advanced multimedia applications to improve organizational communications, collaboration and productivity.
With the touch of a finger, MAVNet digital video routing technology allows connection of nearly any video source to any destination via it's SoftPatchTM, virtual patch panel. The TransPEG encoder converts a video stream to an MPEG- 2 compliant stream to allow for maximum flexibility and integration with other types of data in one communications system. At their destination, the MPEG-2 stream is converted back to analog video via a complementary TransPEG decoder.
MAVNet uses Thomson's exclusive VideoXpress ATM networking technology to ensure that the highest quality video is delivered, even under heavily loaded network conditions. Also, Thomson's IP Multicast features allows single or multiple video streams to be multicast to virtually any number of locations and users simultaneously, providing up to 600 discrete channels.
"Thomson is an excellent choice for InnovaCom and we are excited about the benefits the partnership will mean for our customers," says Frank Alioto, InnovaCom's President. "Thomson is specifically focused on providing the most advanced multimedia backbone and workgroup networking solutions for today's demanding multimedia and video applications while delivering a highly scalable infrastructure to easily meet future networking requirements. Thomson's products seamlessly integrate with ours to provide video distribution networks unmatched in quality and value."
"Thomson seeks out and develops strategic partnerships with companies like InnovaCom that have strong technology, marketing and management abilities," remarks Dave Weisman, Thomson's Vice-President of Sales and Marketing. "InnovaCom and their TransPEG solutions are uniquely positioned to provide customers that want to leverage video based applications requiring the superior multimedia handling capabilities inherent in our unique ATM switch architecture."
A complete MAVNet video distribution system including MPEG-2 encoder, decoder, ATM switch and software has a list price of less than $50,000.
Thomson and InnovaCom products will be on display at the upcoming IBC show in Amsterdam as well as the Networld+Interop'98 show in Atlanta.
Thomson-CSF Enterprise Networks, Inc. is a world leader in the design and manufacture of advanced, enterprise-level, multimedia ATM backbone and workgroup networking solutions. Thomson-CSF Enterprise Networks, Inc. is part of the $18 billion global Thomson group companies providing leading multimedia, broadcast, communications, electronics and computer networking solutions worldwide. Thomson-CSF Enterprise Networks, Inc. is located at 2890 Zanker Road, San Jose, CA 95134. For more information, please contact David Roy at: (Ph): 408-434-9468; (Fx): 408-434-9499 or visit the company's website at: thomflex.com.
InnovaCom, Inc. is a development stage technology company whose principal product focus is video compression technology and its related systems. The company's MPEG-2 based product line will target the digital television, communications and DVD authoring and production marketplaces. InnovaCom, Inc., is located at 3400 Garrett Drive, Santa Clara, Calif. 95054. For more information, please contact Janek Kaliczak at: (Ph): 408-727-2447; (Fx) 408-727-6625 or visit the company's website at: innovacom-mpeg2.com. For Investor Relations, please call: (Ph): 888-464-6734.
NOTE: VideoXpress is a registered trademark of Thomson-CSF Enterprise Networks, Inc. TransPEG, MAVNet, SoftPatch are registered trademarks of InnovaCom, Inc.
This press release contains forward-looking statements. These statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward looking statement. Factors that might cause such a difference include, but are not limited to, the factors set forth under "Risk Factors" in the company's registration statement on Form SB-2 which was declared effective by the Securities and Exchange Commission on May 15, 1998.
Readers should not place undue reliance on forward looking statements, which only reflect the view of management as of the date hereof. The Company does not undertake the obligation to publicly revise these forward looking statements to reflect subsequent events or circumstances. Readers should carefully review the risk factors described in other documents the Company files from time to time with the Securities and Exchange Commission.
SOURCE Thomson-CSF Enterprise Networks, Inc.
CO: Thomson-CSF Enterprise Networks, Inc.; InnovaCom, Inc.
ST: California
IN: CPR
SU:
08/26/98 08:12 EDT prnewswire.com
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