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Tut
Systems and Verimatrix Win Content Protection and Access Security
Contract at MBO Video
Other Topics: IPTV Service,
IPTV Encoders
Verimatrix
Deal Strengthens IPTV Partnership with Tut Systems as a Prime
Integrator for Verimatrix Solutions
Lake Oswego, OR and San Diego, CA -- Tut Systems, Inc. (Nasdaq:
TUTS), an industry leader enabling the delivery of next-generation
data and video services over broadband networks, and Verimatrix, the
leading provider of content protection and security for the IPTV
industry, today announced that MBO Video LLC/Cim-Tel Cable, LLC of
Mannford, OK is deploying next-generation IPTV services utilizing
Tut Systems’ Astria® content processor (CP) and the Verimatrix
Content Authority Systems (VCAS). The MBO Video win is the latest in
a series of mutual customer wins, but the first in which Tut Systems
acted as the prime vendor for the VCAS solution under a recently
signed reseller agreement.
Tut Systems’ Astria® Content Processor (CP) platform serves as the
core video processing system for MBO Video’s 192 channel MPEG-2
digital headend, currently serving 10 video service providers
throughout the states of Oklahoma and Missouri. MBO Video’s recent
announcement to add MPEG-4 AVC video to their headend will yield
better picture quality while significantly lowering the bandwidth
required for today’s MPEG-2 video. The addition of VCAS enables MBO
Video to protect video content delivered to multiple downstream
operators using one centralized server to both encrypt and watermark
premium content. |
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"MBO Video has been very satisfied with all aspects of the
Verimatrix solution," said Gene Baldwin, Vice-President and General
Manager of MBO Video. "The Verimatrix solution combined with Tut
Systems long history of providing turnkey IPTV solutions made this
partnership the ideal choice for our expanded IPTV product."
"Tut Systems is excited to partner with Verimatrix as we look to
expand our total systems integration capabilities to include
conditional access and content protection technology, which is
becoming a system requirement for delivering premium content over IP
infrastructures," said Craig Bender, Vice-President of Corporate
Development for Tut Systems. "Our joint work at MBO Video will serve
as a benchmark in the industry for deploying a high quality and
secure end-to-end IPTV network."
"As IPTV continues to gain momentum in the U.S., the need for
content security and the ability to protect against theft of service
is becoming more critical - for both encryption and watermarking
that can identify piracy at the individual set-top box," said Steve
Oetegenn, EVP of Global Sales and Marketing, Verimatrix. "Our
successful partnership with Tut Systems, a highly respected headend
solutions provider and integrator, is further evidence that
operators of IP networks are looking for tightly integrated
solutions that can be deployed cost effectively with cutting-edge
technology."
About Verimatrix
Founded in 1999, Verimatrix is the leading provider of digital
content protection solutions with a global customer base including
numerous tier 1 telecommunications providers. Verimatrix offers
provider approved, carrier-class solutions specifically for today's
bi-directional IPTV networks. Through the seamless integration of
patented digital watermarking technology into its best-of-breed
encryption solutions, Verimatrix protects content and revenue
streams, as well as detects digital piracy wherever it occurs within
the distribution chain. Verimatrix has excellent relationships with
the major Hollywood studios by providing valuable anti-piracy
solutions for the fight against rampant digital piracy. For more
information, please visit www.verimatrix.com
About MBO Video
MBO Video is a privately held company whose SONET network spans the
state of Oklahoma. With more than 1,900 miles of fiber optics
throughout Oklahoma and Arkansas, MBO established in 1997 a
leadership position in the market upon completion of the first
statewide redundant network that supported video distance learning
applications. From there we have grown to provide integrated
solutions with voice, data, long distance, video, Internet, cable
and wireless applications. For more information, visit www.mbovideo.com.
About Tut Systems, Inc
Tut Systems, Inc. delivers advanced content processing and
distribution products as well as comprehensive system integration
services for deploying next-generation data and video services over
broadband networks. Service providers, content providers and
government agencies worldwide use Tut Systems solutions to deliver
broadcast-quality video over broadband networks.
Tut Systems is headquartered in Lake Oswego, OR with regional
offices across North America, Europe and Asia. For more information
visit www.tutsys.com
or call (971) 217-0400.
This news release may contain forward-looking statements within
the meaning of applicable securities laws, including the Private
Securities Litigation Reform Act of 1995, and the Company intends
that such forward-looking statements are subject to the safe harbors
created thereby. Forward-looking statements may be identified by
words such as "believes," "expects," "projects," "plans,"
"anticipates," and similar expressions, and include, for example,
statements relating to expectations regarding future sales, income
and cash flows. Forward-looking statements are based upon the
Company’s current expectations and assumptions, which are subject to
a number of risks and uncertainties including, but not limited to:
customer acceptance and effectiveness of recently introduced
products, development of additional business for the Company’s
digital video and audio transmission product lines, effectiveness of
the sales organization, the successful development and introduction
of new products in the future, delays in the conversion by private
and broadcast networks to next generation digital broadcast
equipment, acceptance by various networks of standards for digital
broadcasting, the Company’s liquidity position and capital
resources, general market conditions which may not improve during
fiscal year 2006 and beyond, and success of the Company’s research
and development efforts aimed at developing new products. Discussion
of these and other risks and uncertainties are provided in detail in
the Company’s periodic filings with the SEC, including the Company’s
most recent Annual Report on Form 10-K. Since these statements
involve risks and uncertainties and are subject to change at any
time, the Company’s actual results could differ materially from
expected results. Forward-looking statements speak only as of the
date the statement was made. The Company does not undertake and
specifically disclaims any obligation to update any forward-looking
statements. |
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