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UTStarcom Supplies Optibase
IPTV Encoding Platforms for Deployment of RollingStream End-to-End
IPTV Solution With AKSH in India
Optibase Ltd.
May 29, 2007
Herzliya, Israel -- Optibase Ltd. (NASDAQ:OBAS), a leading provider
of advanced digital video solutions, announced today that UTStarcom
(Nasdaq:UTSI), a global leader in IP-based, end-to-end networking
solutions and services, will integrate Optibase’s advanced H.264
Media Gateway (MGW) 5100 IPTV encoding platforms in its end-to-end
RollingStream IPTV solution for deployment with AKSH in India.
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Aksh, a leading provider of IPTV
solutions in India, will utilize Optibase’s integrated carrier-grade
TV streaming platforms in order to provide advanced H.264
high-quality encoding.
Dr.K.S.Choudhari, Managing Director of Aksh Optifibre on commissions
of the Optibase H264 platforms commented ”The video quality and
customer response time of Optibase is commendable. We see a long
term relation with this company.”
“Our collaboration with UTStarcom and the installation at Aksh is an
important strategic step for Optibase,” said Mr. Udi Shani,
executive vice president of sales at Optibase. “We believe that our
expertise in high-quality video streaming over IP networks combined
with UTStarcom’s integration capabilities creates a winning IPTV
solution. “
About Aksh Optifibre Ltd. (AOL)
Aksh Optifibre Limited (AOL) is the second largest company in the
Indian Optical Fibre cable industry. It was incorporated in the year
1986 as a private limited company and was converted into a public
limited company on 13th March 1994.
Known for exclusively manufacturing optic Fibre cables and Fibre to
home cables, Aksh came forward to manage the software, hardware,
service set-up and content delivery of the IPTV service launched in
Delhi in October 2006. The company has entered into a seven-year
agreement with MTNL to provide IPTV (Broadband content) services in
Delhi and Mumbai. IPTV is a direct substitute for Television content
which has to be currently accessed through cable networks or DTH
services, with better quality of reception and several add on
features such as such as time-shifted television, interactive games,
video calling, e-learning etc.
About UTStarcom
UTStarcom is a global leader in IP-based, end-to-end networking
solutions and international service and support. The company sells
its broadband, wireless, and handset solutions to operators in both
emerging and established telecommunications markets around the
world. UTStarcom enables its customers to rapidly deploy
revenue-generating access services using their existing
infrastructure, while providing a migration path to cost-efficient,
end-to-end IP networks. Founded in 1991 and headquartered in
Alameda, California, the company has research and design operations
in the United States, Canada, China, Korea and India. For more
information about UTStarcom, visit the company’s Web site at
www.utstar.com.
About UTStarcom's RollingStream
UTStarcom's Rolling Stream is an end-to-end solution designed for
telecommunications operators and broadband service providers to
deliver broadcast quality TV and on-demand entertainment programming
over IP networks. RollingStream is designed to offer service
providers the scalability, reliability, and bandwidth efficiency to
support new services including broadcast TV, Network PVR (n-PVR),
Video on Demand (VoD), and Near Video on Demand (NVoD) over existing
network infrastructures. This may result in opportunities for
increased revenues, new services, and improved customer satisfaction
and retention. For more information about UTStarcom's RollingStream
solution, please visit: http://www.utstar.com/Solutions/Broadband/IPTV.
About Optibase
Optibase provides professional encoding, decoding, video server
upload and streaming solutions for telecom operators, service
providers, broadcasters and content creators. The company’s
platforms enable the creation, broadband streaming and playback of
high quality digital video. Optibase’s breadth of product offerings
are used in applications, such as: video over DSL/Fiber networks,
post production for the broadcast and cables industries, archiving;
high-end surveillance, distance learning; and business television.
Headquartered in Israel, Optibase operates through its fully owned
subsidiary in Mountain View, California and offices in, Japan,
China, India and Singapore. Optibase products are marketed in over
40 countries through a combination of direct sales, independent
distributors, system integrators and OEM partners. For further
information, please visit www.optibase.com.
This press release contains forward-looking statements concerning
our marketing and operations plans. All statements other than
statements of historical fact are statements that could be deemed
forward-looking statements. All forward-looking statements in this
press release are made based on management's current expectations
which involve risks, uncertainties and other factors that could
cause results to differ materially from those expressed in
forward-looking statements. These statements involve a number of
risks and uncertainties including, but not limited to, risks related
to the video technologies market in general, and the evolving IPTV
market in particular, competition, our ability to manage growth and
expansion, general economic conditions and other risk factors. For a
more detailed discussion of these and other risks that may cause
actual results to differ from the forward looking statements in this
news release, please refer to Optibase's most recent annual report
on Form 20-F. The Company does not undertake any obligation to
update forward-looking statements made herein. |
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