Harmonic's ProStream(TM) 8000 Digital Mosaic Solution Wins Prestigious International Award
SUNNYVALE, Calif., Sep 26, 2006 (BUSINESS WIRE) -- Harmonic Inc. (Nasdaq:HLIT) today announced that its ProStream(TM) 8000 digital mosaic solution has won Cable and Satellite International's Product of the Year Award for Best Interactive TV Technology. Presented annually at the IBC exhibition, the awards recognize the most innovative new video technologies and solutions for the cable, satellite, terrestrial and IPTV markets. This honor underscores the success of the ProStream 8000, which has been deployed by operators, including Cox Communications in the United States, to deliver advanced channel navigation and service previews.
The IP-based ProStream 8000 -- a first of its kind MPEG-in/MPEG-out software solution -- efficiently and cost-effectively tiles several channels within a single high-quality digital video stream, enhancing the overall viewer experience with a composite multi-program view. The ProStream 8000 is part of Harmonic's stream processing family of products that provide sophisticated personalization capabilities for cable, satellite, telco and wireless operators around the world. This unique solution makes it possible to increase revenue from subscription services, video-on-demand and advertising by enabling promotions and previews, regional customizations, additional paid programming formats, as well as specialty program groupings.
"Television is moving more and more rapidly to a personalized, IP-based delivery model," said David Price, Vice President of Product Marketing and Marketing Communications for Harmonic Inc. "To provide a more dynamic user experience, operators are introducing new services, including more visual program navigation, to their subscribers. Harmonic is focused on bringing to market highly advanced native IP technologies and solutions such as the ProStream 8000. This important industry recognition from Cable and Satellite International further confirms Harmonic's leading position as an innovative, high quality solution provider enabling the next generation of video services for operators around the world."
A prestigious acknowledgement of excellence in technology development, the Cable and Satellite International Product of the Year Awards are judged by an international panel of distinguished industry experts. In 2006, over 120 entries from more than 70 companies were received, with awards presented in 16 categories. Five Harmonic products were finalists for these awards.
About Harmonic Inc.
Harmonic Inc. is a leading provider of digital video, broadband optical networking and IP delivery systems to cable, satellite, telecom and broadcast network operators. Harmonic's open standards-based solutions for the headend through the last mile enable customers to develop new revenue sources and a competitive advantage by offering powerful interactive video, voice and data services such as video-on-demand, high definition digital television, telephony and Internet access.
Harmonic (Nasdaq:HLIT) is headquartered in Sunnyvale, California, with R&D, sales and system integration centers worldwide. The Company's customers, including many of the world's largest communications providers, deliver services in virtually every country. Visit www.harmonicinc.com for more information.
This press release contains forward-looking statements within the meaning of Section 27(A) of the Securities Act of 1933 and Section 21(E) of the Securities Exchange Act of 1934, including statements related to: this unique solution making it possible to increase revenue and television moving more and more rapidly to a personalized, IP-based delivery model.
Our expectations and beliefs regarding these matters and the anticipated benefits of the ProStream 8000 may not materialize, and actual results could differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Harmonic's filings with the Securities and Exchange Commission including its recent Reports filed on Form 10-K and Form 10-Q. Harmonic does not undertake to update any forward-looking statements.
EDITOR'S NOTE -- Product and company names used herein are trademarks or registered trademarks of their respective owners.
SOURCE: Harmonic Inc.
Harmonic Sarah Lum, 408-543-2392 (Media Relations) sarah.lum@harmonicinc.com or StreetConnect Michael Newman, 408-542-2760 (Investor Relations) hlit@stct.com