Message #36 From:
Stock News Bot Date: November 2, 2006 04:30:00 AM
AANI News Amedia Announces Broadband Entertainment Center Designed to Enable Telecom Carriers to Deliver Triple-Play Services and More to Any Media Device Throughout the Networked Home
EATONTOWN, N.J.--(BUSINESS WIRE)--Amedia Networks, Inc. (OTC BB: AANI), a provider of next generation
media gateways to distribute and manage ultra-broadband triple-play
services in the home, today announced that its new Broadband
Entertainment Center platform is being designed to combine the
collective functionality of a broadband gateway, as well as multiple
home entertainment and networking equipment, with a software operating
system and built-in storage – all in a single,
compact solution. The platform is designed to enable telecommunications
carriers to increase revenue opportunities and better manage triple-play
services, while also offering more convenience, quality assurance, and
other value-added benefits to subscribers.
“Today, telcos are increasingly able to bring
ultra-broadband speeds to the home, creating nearly unlimited potential
to deliver new services and generate more revenue,”
said Frank Galuppo, Amedia President, CEO, and Director. “At
the same time, these carriers face new challenges in the delivery of IP
based video content and the management, distribution, control, and
quality assurance of these new, ultra-broadband multimedia services in
the home. We built the new Amedia Broadband Entertainment Center
platform specifically to help manage and solve those problems –
taking the residential gateway to the next level.”
The Amedia Broadband Entertainment Center is designed to be the central
point of networking for various media devices throughout the networked
home – from computers and televisions, to
gaming consoles and beyond. Its built-in storage will allow residents to
download and save multimedia content right on their gateway, and then
access or display that content on virtually any networked device, using
existing wiring in the home (through MoCA or HPNA interfaces) or
exciting new emerging technologies in the wireless space, such as
ultra-wideband.
With an added a layer of intelligence, the capabilities of the Amedia
gateway extend far beyond that of today’s “dumb”
modems, which primarily serve to simply pass data. Amedia’s
QoStream technology allows service providers or subscribers to
prioritize bandwidth usage to ensure the quality of various triple-play
services being delivered at the same time to the home. For instance,
this technology can be used to ensure that the picture quality of IPTV
is never degraded by a simultaneous file download or VoIP call.
In addition to offering the collective functionality of a modem,
wireless access point, router, VoIP adapter, and family firewall
all-in-one, the Amedia gateway also features a built-in,
industry-standard operating system. This unique feature can be used by
telcos to access previously untapped revenue streams by allowing them to
deliver proprietary or third-party software programs and networking
capabilities to subscribers, such as web surfing, in-home messaging,
remote home monitoring, a virtual family calendar, and much more.
According to a recent Parks Associates report, “Networks
in the Home: Connected Consumer Electronics”,
members of over 16 million households are strongly interested in
connecting various entertainment devices. Underscoring the universal
appeal to both early and late adopters alike, the report states that 39%
of broadband households with a home network, along with 37% of
broadband households without a home network, consider multimedia
networking applications highly valuable. Parks Associates analysts
project that increasing availability of high-value, high-quality
broadband services, such as IPTV, will significantly boost multimedia
consumption over home networks – creating a
profitable future for vendors who can help connect devices and deliver
multimedia content throughout the digital home.
Amedia’s new line of gateways built on the
Broadband Entertainment Center platform is scheduled for Beta shipment
in the first quarter of 2007.
Amedia will showcase its Broadband Entertainment Center platform next
week in booth 1121 at the 5th Annual
TelcoTV Conference & Expo, running Nov. 6-8 in Dallas, Texas. For
general media inquiries or to schedule a meeting with Amedia at the
TelcoTV show in booth 1121, please contact Kevin McLaughlin at
877-505-2258 x902 or Kevin@resoundmarketing.com.
Amedia Networks, Inc. (OTC BB: AANI) provides next generation
residential media gateways to distribute and manage high-quality voice,
high-definition video, and high-speed data services throughout the
networked home. The Amedia residential gateway offers a single, compact,
configurable device with the collective functionality of a modem,
wireless access point, router, VoIP adapter, and family firewall –
all in one. In addition, it features a built-in operating system for
carriers to continuously develop and deliver new, ultra-broadband
applications to the home. The company is led by an executive team with a
long and proven history in the voice, data, and telecom industries, and
its core technologies have been co-developed by Lucent Technologies, Inc.’s
renowned Bell Laboratories unit. For more information, visit www.amedia.com.
All company names, brand names, and product names herein are
trademarks of their respective holder(s).
This press release may contain "forward-looking" statements as that
term is defined in the Private Securities Litigation Reform Act of 1995.
A number of factors could cause Amedia's actual results to differ from
anticipated results expressed in such forward-looking statements. Such
factors are addressed in Amedia's filings with the Securities and
Exchange Commission (available at www.sec.gov)
and include, but are not limited to, the success and market acceptance
of Amedia's triple play solution, the sufficiency of cash reserves to
meet operating and other requirements, the relatively fast pace of
obsolescence in the broadband communications equipment market, and the
competitive environment in the economy generally and in the
telecommunications specifically. Amedia assumes no obligation to update
any forward-looking statements.