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T-VIPS Set to Build on Success in IP and JPEG2000

T-VIPS plans to increase leadership in JPEG2000, IP, Transport Stream Processing and Digital Terrestrial TV in 2011

Oslo, Norway – T-VIPS, a global leader in professional video contribution and distribution solutions, today announces that it is entering 2011 in great shape after experiencing increasing market interest, sales growth and a healthy bottom line in 2010. With an expanding organisation, a strong product portfolio, and industry leadership positions in several sectors including JPEG2000, IP video transport, advanced transport stream processing and 3D contribution, T-VIPS has lined up exciting business and technology plans for 2011.

“We believe that in the current economic climate broadcasters and network operators will continue to demand more from their current video broadcast infrastructure and trim their operations and operating costs. A major reason for our continued success is that we’ve stuck to our principles of listening to our customers, providing solutions to their problems, and going the extra mile to ensure that our products are reliable, work out of the box and yet can also be adjusted to meet customer requirements,? says Johnny Dolvik, CEO, T-VIPS.

“Making the complex simple has been right at the core of our efforts as a company. Throughout our product portfolio we’ve used our imagination, experience and R&D resources to solve generic broadcast challenges. 2011 will continue to see us addressing complex video network issues, so that our customers can simply concentrate on the expansion and profitability of their businesses,? concludes Dolvik.

2010 was an exciting year, with contracts won across the globe and throughout the entire T-VIPS product portfolio. T-VIPS’ market success was evidenced by the late December announcement that T-VIPS was ranked 30th fastest growing technology company in the Deloitte Technology Fast 500 EMEA for 2010. Notable new deals in 2010 included:
Success in Sports: Big Ten in the USA, Winter Olympics for EBU, World Cup soccer in Austria
Terrestrial: projects include Media Broadcast for Germany’s DVB-T2 trial, launch of DVB-T2 in Sweden and extending TDF’s DTT network
Contribution: Elletronica Industriale (a Mediaset company) deployment for advanced Italian contribution network.
JPEG2000: Technology lead reinforced, through the industry’s first launch of mathematically lossless JPEG2000 transport for the transport of alternative content for Digital Cinema, stereo 3DTV and digital film post-production processes.

“We are looking forward to another great year in 2011,? says Janne T. Morstøl, COO, T-VIPS. “We’re now seeing increased demand in the Americas market and we’re scaling the organization to meet customer expectations. We are looking at launching offices in other territories and we have an excellent support network of business partners around the globe. In addition I’m really excited about our product roadmap for 2011. It includes increased focus on transport stream processing solutions, a further strengthening of our digital terrestrial solutions and the launch of new product enhancements which will come on stream over the coming months and which will combine with our existing products to fuel future growth.?

T-VIPS is a fast-growing technology company with expertise in professional video broadcast, with solutions for, JPEG2000 compression, transport stream remultiplexing, processing monitoring and switching, live HD sports back-haul, transport of HD and 3D video over IP networks, video transport in post-production and alternative content for digital cinema.

For further information:
David Bramley, Platform PR, Tel: +44 (0)20 7486 4900, Email: david@platformpr.com

About T-VIPS
T-VIPS, a global leader in professional video transport solutions for contribution, distribution and Digital Terrestrial Television (DTT), offers a comprehensive portfolio of powerful, efficient and intelligent solutions for processing and transporting high-quality video. T-VIPS’ close involvement in video standards bodies, leadership in JPEG2000, expertise in IP and transport stream multiplexing, processing and monitoring results in state-of-the-art technology that makes complex broadcast network operations simpler and preserves the integrity of high-end video streams. T-VIPS solutions are utilized in many demanding applications, including 1080/60p, 3DTV, alternative content for digital cinema, live HD sports and news back-haul, and the transport of HDTV programming over IP networks. T-VIPS is leading the IP-based video network revolution by empowering high-profile network operators, broadcasters and post-production customers in over 50 countries with innovative solutions that deliver significant operational and financial benefits. The privately-held company is headquartered in Oslo, Norway, with Americas’ headquarters in New Jersey.
For further information, visit: www.t-vips.com

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Stay up to date on the latest technology news. Select press representatives post company news several times a day. Check back often to get the latest news on product releases, mergers and acquisitions, and product applications. To be included in this virtual press conference, please contact The Wire.

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