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IPTV Market Drives Record
Year for SkyStream in 2005
Other Topics: IPTV China Lineup,
MPEG-4 AVC Solution
SkyStream
January 18, 2006
SkyStream, a provider of IP video delivery, today announced that
increased sales in its IPTV video headend and satellite
direct-to-home and VSAT businesses led to record revenue growth in
2005.
SkyStream achieved 11 percent net income for the fourth quarter, and
was profitable for the entire year on an EBIT basis. "Our diverse
market strategy in IPTV, satellite and cable paid off once again
during Q4, where we saw growth in all three markets," said Jim
Olson, president and CEO of SkyStream. |
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"In 2005, we shipped more than 600 of our Source Media Routers, the
market-leading satellite IP encapsulation solution, and more than
600 channels of our MPEG-4 encoding and transcoding solutions, with
several hundred more in backlog. We delivered our video headend
technology into what may be the largest MPEG-4 deployment in the
world this quarter."
SkyStream achieved more than 50 percent growth in bookings and
shipments of its iPlex(TM) video headend platform over the previous
quarter.
Mr. Olson continued. "The IPTV market is growing stronger, and led
to our best year ever at SkyStream," said Joe Geesman, chief
financial officer at SkyStream. "We increased backlog more than 50
percent from our third quarter and achieved high gross margins both
for Q4 2005 and for the year."
Revenues for the fourth quarter 2005 were up 24 percent over the
third quarter 2005 and 51 percent over Q4 2004. Annual 2005 revenue
for SkyStream increased 44 percent over 2004 revenue.
About SkyStream
SkyStream provides IP video delivery platforms that enable service
providers to transform their business by offering IPTV and MPEG-4
video services. SkyStream’s products lower opex and capex costs and
optimize video delivery over any last mile network, and include
zBand™ content delivery software, Mediaplex-20™ and iPlex™ switched
digital video headends and the Source Media Router series of IP
encapsulation solutions. SkyStream is the fastest-growing provider
of IP video solutions with over 300 customers. SkyStream’s Web site
can be found on the Internet at www.skystream.com. |
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