SAN DIEGO, April 7 /PRNewswire-FirstCall/ -- Path 1 Network Technologies, Inc. (OTC Bulletin Board: PNWK), the pioneer and industry leader in providing broadcast quality video-over-IP networks, announced today that it is demonstrating the revolutionary X-Y routing capabilities of the Path 1
Chameleon vidX family of products at the annual National Association of Broadcasters' Show (NAB) in Las Vegas from April 7 - 10.
Path 1's Chameleon vidX gateways provide the essential technology required for broadcasters and television service providers to migrate their video transmissions from more expensive, less flexible networks and satellites to IP network solutions, be it across the United States or around the world. The new multi-port Chameleon vidX product line offers mixing and routing of up to hundreds of streams of Standard Definition and High Definition video for use by broadcasters, Cable MSOs (for Video on Demand), and for DSL packet-based IP networks.
Path 1's CEO, Frederick Cary, stated, "IP delivery of broadcast video and video-on-demand (VOD) continues to grow month by month. Our Chameleon vidX family of products enables global access to robust IP transport technologies which allow for new revenue generating service offerings by broadcasters, satellite, cable and DSL service providers worldwide."
Path 1's Chameleon vidX IP Video Gateways, including the Model Cx1000, will be demonstrated at The Pro-MPEG Forum Interoperability Center. Path 1 is a leader in the standards and practices initiatives for television production and IP distribution, in co-operation with Cisco, Sony and Tandberg TV. This group, including Path 1, will jointly demonstrate the interoperability of their respective products at the Pro-MPEG Forum Interoperability Suite S230.
In other demonstrations, Scientific-Atlanta (South Hall, SU4543) will display demonstrations of long-haul IP video applications utilizing Path 1 Network's Cx1000. ND SatCom (N936) will show a demonstration whereby the Path 1 Cx1000 will allow for video to be added to their IP satellite offering.
About Path 1 Network Technologies, Inc.
Path 1 Network Technologies, Inc. is the pioneer and industry leader in providing broadcast quality video over packet-based IP networks. Path 1 products are sold directly and also through OEM relationships with Scientific Atlanta and Internet Photonics. Nine carriers have certified the Path 1
"long-haul" gateway for use on their IP backbones. From the delivery and distribution of broadcast materials to Video on Demand (VOD), Path 1’s video infrastructure platforms allow high quality transmission of point-to-point, multipoint and multiplexed data over legacy IP systems. Video-over-IP service offerings using Path 1 products are available throughout the US and Europe.
Asian IP offerings are slated for launch in early 2003. For additional information please visit http://www.path1.com or call 877/ONE-PATH (663-7284).
SAFE HARBOR STATEMENT: This news release contains "forward-looking statements" that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and
are generally preceded by words such as "future", "plan" or "planned", "will" or "should", "expected", "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to
differ materially from those projected in the forward-looking statements, including the risks that our products may not achieve customer acceptance, that we may be unable to obtain necessary financing to continue operations and development, and other risks identified in our annual report on Form 10-K and other filings with the SEC. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements are made as of the date hereof and Path 1 undertakes no obligation to update such statements.
For further information please contact:
Media, David Carnevale,
Vice President of Marketing of Path 1 Network Technologies, Inc.,
+1-858-450-4220
ext. 122, corpcomm@path1.com ;
or Investor, Robert B. Prag,
President of The Del Mar Consulting Group, Inc., +1-858-794-9500, bprag@delmarconsulting.com , for Path 1 Network Technologies, Inc.
SOURCE Path 1 Network Technologies, Inc.
Web Site: http://www.path1.com