Evertz Reports U.S. Purchase Order in Excess of $10 Million

BURLINGTON, ONTARIO--(Marketwired - Nov. 5, 2014) -

Attention Business/Financial Editors:

Evertz Technologies Limited (TSX:ET), a global leader in video network innovation, today reported the receipt of purchase orders from a leading U.S. National Broadcast Network customer, totaling in excess of $10 million primarily for delivery of Evertz new IRD solutions. The purchase order reflects the adoption and broad deployment of Evertz new Integrated Receiver/Decoder technology, compression, infrastructure, monitoring and control solutions in a satellite head-end and nationwide affiliate distribution network.

About Evertz

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 definition television ("HDTV") 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.