September 09, 2016 11:21 ET
BURLINGTON, ONTARIO--(Marketwired - Sept. 9, 2016) -
Attention Business/Financial Editors:
Evertz Technologies Limited (TSX:ET), a global leader in video network innovation, today reported the receipt of purchase orders for a state-of-the-art IP facility from a U.S. customer totaling in excess of $13.5 million. The purchase reflects a large scale adoption of Evertz IP based Software Defined Networking infrastructure including multiple EXE hyper-scale and IPX modular switch cores, IP media gateways, compression and control solutions in a multi-platform network.
Evertz Technologies Limited (TSX:ET) designs, manufactures and markets video and audio infrastructure solutions for the television, telecommunications and new-media industries. The Company's solutions are purchased by content creators, broadcasters, specialty channels and television service providers to support their increasingly complex multi-channel digital, high & ultra-high definition television ("HDTV" & "UHD") and next generation high bandwidth low latency IP network environments and by telecommunications and new-media companies. The Company's products allow its customers to generate additional revenue while reducing costs through the more efficient signal routing, distribution, monitoring and management of content as well as the automation of previously manual processes.
Evertz Technologies LimitedAnthony GridleyChief Financial Officer(905) email@example.com
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