SAN DIEGO, May 8, 2003 /PRNewswire via COMTEX/ -- 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 its recently launched Chameleon vidX family of products now offer an option that enables the delivery of broadcast-quality video over DSL. This new proprietary technology can be ordered on both new and previously installed Chameleon equipment.
The availability of this breakthrough technology is particularly important to Telco operators in European and Asia Pacific markets. Unlike the U.S. market, which predominantly utilizes coaxial cable and fiber to deliver television programming and video-on-demand to end users, Europe and Asia utilize an extensive legacy infrastructure of twisted-pair copper, which possess limited bandwidth. It is very unlikely that these existing copper networks will be upgraded to coax or fiber due to the prohibitive expense involved.
These geographic areas currently deliver digital television programming to subscribers via satellite, which cannot provide effective Video-on-Demand (VOD) capabilities. With today's announcement, Path 1's Chameleon products offer the only economically viable solution currently available that allows Telcos to deliver all TV programming "on demand" over DSL, ushering in the era of "Everything-On-Demand" (EOD).
Commenting on the breakthrough, Path 1's CEO Fred Cary, stated, "Building on our experience as the first company with deployed IP video products for Cable Operators, Path 1 has once again increased its lead in the video transport industry. This technology breakthrough now allows for Path 1's Chameleon vidX(SM) product line to offer viable video transport solutions in markets outside the U.S. The features and upgrade paths offered by Chameleon are unsurpassed in the marketplace today. Path 1 products offer cable operators, and now Telcos, unprecedented means to create new revenue generating opportunities, by offering VOD/EOD as a competitive advantage over satellite."
Utilizing Path 1's proprietary technology, Chameleon is the industry's highest throughput and highest density IP encapsulator available today, supporting up to 8 ASI inputs, 1,024 audio and video streams and up to 1 Gigabit total stream throughput in a 1 RU form factor. In DSL applications, the Chameleon vidX demultiplexes any multiple program transport streams (MPTS), encapsulates the resulting individual Single Program Transport Steams (SPTS) in independent packets and sends the streams via a copper or optical Gigabit Ethernet interface to the DSL network. This enables traditional ASI broadcast, local content and video server content to be prepared for transmission and distribution over DSL to IP set top boxes located in the home.
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 Path1 products are available throughout the US and Europe. Asian IP offerings are slated for launch in early 2003. For additional information please visit 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 or perform as intended, 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;
Investors, 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.
URL: http://www.path1.com
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