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Net Insight wins significant expansion orders from EBU
Net Insight today announces that EBU has ordered the Nimbra platform for expansion of its global fibre network.
Stockholm, Sweden(12 Jun 2013)
Net Insight, a leading provider of efficient and scalable transport solutions for media, IP and broadcast networks, today announces that EBU has ordered the Nimbra platform for expansion of its global fibre network.
The European Broadcasting Union (EBU), the world's largest alliance of public service media organizations, operates EUROVISION, the premier distributor and producer of TV, providing broadcasters a wide array of content spanning from live sports and news events to entertainment, culture and music. The EUROVISION fibre network is based on Net Insight’s Nimbra platform.
EBU will perform several different build-outs of its network to support large global events.
The value of the new orders exceeds 1 MEUR and delivery will take place during the second quarter 2013.
"EBU is our customer since 2004 and have evolved its EUROVISION network continuously to meet increasing customer requirements for more capacity and new services,” says Fredrik Trägårdh, CEO of Net Insight.
Net Insight AB discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on June 12, 2013 at 09:30 CET.
For further information, please contact:
Fredrik Trägårdh, CEO of Net Insight, +46 8 685 04 00, fredrik.tragardh@netinsight.net
About Net Insight
Net Insight delivers the world’s most efficient and scalable transport solution for Broadcast and IP Media, Digital Terrestrial TV and IPTV/CATV networks.
Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization of bandwidth for a converged transport infrastructure. Net Insight’s Nimbra™ platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services.
More than 175 world class customers run mission critical video services over Net Insight products in over 60 countries. Net Insight is quoted on the NASDAQ OMX, Stockholm.
For more information, visit www.netinsight.net