ABL Announces the First Video Over Frame Relay Application in Russia.MONTREAL--(BUSINESS WIRE)--July 30, 1996--ABL CANADA (ME, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : ABL) ABL Canada Inc. (ABL) is pleased to announce the first order of the VT2C with Video over Frame Relay technology to Russia. The initial sale of Apollo was made to InComA Ltd. of Moscow, which operates a Frame Relay network for a consortium of over 300 commercial banks in Moscow, St. Petersburg and Vladisvostok, including the Central Bank of Russia, and provides international gateways and connectivity to US banks and databases. InComA bears the prestige of having installed the first Frame Relay network in Russia in 1994. Present at ABL's private demonstration at Networks UK, Dr. Gregory Dimitriev InComA's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , placed an immediate order. In the demonstration video codec's were connected over a standard Frame Relay network and transmitted audio, video and data at speeds ranging from 128K, 384K up to T1/E1. According to Dr. Dimitriev "The video quality of ABL's VT2C at 128K, 384k, 512K up to T1/E1 surpassed all other available solutions both in terms of quality and price/performance considerations. The availability of this technology on Frame Relay, means that InComA will be able to pursue revenue generating services at the least incremental cost Incremental Cost The encompassing change that a company experiences within its balance sheet due to one additional unit of production. Notes: Incremental cost is the overall change that a company experiences by producing one additional unit of good. ." "The interest in the VT2C with Frame Relay has been quite strong after our Networks UK demonstration" said Ian Glover, ABL's Managing Director of EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. (Europe, Middle East and Africa) sales based in London. "Frame Relay users can now append To add to the end of an existing structure. value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services to their networks at no additional infrastructure cost. This opens the door to unlimited possibilities for ABL". The new product is based on technological enhancements to ABL's widely heralded VT2C video codec in use worldwide. The VT2C with Video over Frame Relay was first demonstrated at a private demonstration to Frame Relay users at Networks UK at the end of June. The VT2C is available now in point to point configuration, and will shortly be available in a configuration which offers multi-cast Video Over Frame Relay. ABL Canada Inc., from facilities in Mentor, Ohio and Montreal, Canada, develops, produces and markets advanced digital equipment for companies choosing to enhance their network capabilities for the integrated, simultaneous delivery of multimedia voice, data and video. ABL specializes in video codecs, optical fiber multiplexers and broadband switches for multimedia transmission over optical fiber and ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. , for wide ranging applications including distance learning, video conferencing, remote surveillance and broadcast and cable television distribution. ABL markets and services its products in over 41 countries through its offices in the United States, Canada and Europe and through a network of distributors and resellers worldwide. ABL is traded on the Montreal and Toronto stock exchanges Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol ABL. CONTACT: ABL Canada Inc. George Petrolekas, 514/344-5432 514/344-5439 (fax) INTERNET: http://www.abl.ca E-MAIL e-mail: see electronic mail. in full electronic mail Messages and other data exchanged between individuals using computers in a network. : George.Petrolekas@abl.ca |
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