VCST News ViewCast Chosen as OEM Supplier to a Global Network Leader
PLANO, Texas--(BUSINESS WIRE)--ViewCast Corporation (OTCBB:VCST), a leading global provider of
high-quality audio and video communication products, today announced
that an original equipment manufacturing (OEM) agreement has been signed
with one of the global leaders in networking for the Internet pursuant
to which ViewCast will sell and license certain products for resale on a
stand-alone basis and/or as incorporated into their products. The first
order has been accepted by ViewCast and begun shipping.
The one-year renewable agreement initially calls for ViewCast to supply
Niagara® GoStream, a single channel, portable
encoding appliance, and the Niagara PowerStream Pro, a dual channel,
rack-mount encoder, that will be re-branded and integrated into their
digital media solution offering according to certain agreed upon product
specifications. Organizations increasingly seek to use business-quality,
dynamic video and audio to quickly and easily connect customers,
employees, partners or students. Users of systems such as ViewCast’s
Niagara can create, manage and deliver live and on-demand digital media
in various formats to multiple wired or wireless connected devices.
“Digital media demand has skyrocketed, which
in turn has created an unprecedented demand for ViewCast products for a
wide range of market applications,” said Dave
Stoner, president and chief operating officer of ViewCast. “Our
ability to provide full-featured solutions that support multiple
streaming formats in combination with ViewCast’s
dramatically reduced time-to-market product delivery make the company an
ideal partner for value added resellers and OEM customers.”
“This OEM contract is the result of
implementing our strategic direction ViewCast has been moving towards
for many months,” said George Platt, chief
executive officer and chairman of ViewCast Corporation. “The
solid reputation of the Osprey cards and Niagara encoders continues to
create increased interest in ViewCast products including among VAR and
OEM customers. A significant part of our growth initiative is to
continue building media encoding appliance and software solutions that
can be utilized directly by the customers or integrated into
technologies or services offered by other companies.”
About ViewCast Corporation:
ViewCast develops video and audio communication products for
delivering media dynamically via a variety of network types and
protocols.These products include Osprey®
Video capture cards and Niagara® video
encoders/servers featuring Niagara SCX encoder management software.Our products address the media capture, processing and delivery
requirements for a broad range of applications and markets.
Certain statements, including those made by Dave Stoner and George
Platt may contain “forward-looking”
information within the meaning of the Private Securities Litigation
Reform Act of 1995, which reflect the company's current judgment on
certain issues.Because such statements apply to future
events, they are subject to risks and uncertainties that could cause the
actual results to differ materially. Important factors which could cause
the actual results to differ materially include, without limitation, the
following: the ability of the company to develop and market new products
as technology evolves; increased competition in the video
communications; the ability of the company to meet governmental
regulations; and the ability of the company to obtain and enforce its
patents.For a detailed discussion of these and other
cautionary statements and factors that could cause actual results to
differ from the company’s forward-looking
statements, please refer to the company’s
reports on Form 10-KSB and 10-QSB on file with the Securities and
Exchange Commission.
ViewCast, Osprey, Niagara and Niagara SCX are trademarks or
registered trademarks of ViewCast Corporation or its subsidiaries.
All trademarks mentioned in this document are the property of
their respective owners.
