BARCO Establishes New Division; BARCO acquires respected system integrators.ATLANTA--(BUSINESS WIRE)--May 20, 1996--The BARCO Group headquartered in Kortrijk, Belgium has announced the creation of a new worldwide division, BARCO Visual Systems (BVS BVS Biblioteca Virtual em Saúde (Brazil) BVS Bureau of Vital Statistics BVS Brethren Volunteer Service (Church of the Brethren) BVS Boston Vegetarian Society (Cambridge, MA) ). To firmly position BARCO Visual Systems in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. BARCO has acquired two leading system integration companies: Maya Video Communications, Inc. of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY and American Video Communications, Inc. (AVC (1) (Advanced Video Coding) The video compression techniques used in the H.264 standard, jointly developed by ISO and the ITU-T. See H.264. (2) (Audio Visual C ) of Los Alamitos Los Alamitos (lôs ăləmē`təs, lŏs), city (1990 pop. 11,676), Orange co., NE of Long Beach, S Calif., in a suburban area; inc. 1960. Los Alamitos Racetrack and U.S. military installations are nearby. , CA. The goal of BVS is to provide customers with comprehensive visual information systems based on innovative products and technologies which will uniquely satisfy their requirements. BARCO has been providing key technological components of these systems and now will be positioned to provide the critical 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. components of system design, integration, installation and support. BVS' strategic focus is to provide solutions for process control, network management, and command and control applications for the telecommunications, utility distribution and traffic control markets. The new division will provide BARCO's Projection Systems authorized dealer network with additional resources for specialized visualization projects. BVS will work with the authorized dealers to maximize their capabilities of providing the best solution for a customer. The ability to offer additional services and solutions to customers presents BARCO with an outstanding opportunity for powerful growth in new markets. BVS will be headed by BARCO veteran Sjoerd De Clerck. Maya and AVC will continue to operate as independent entities with the respective management teams remaining in their current positions. "Both Maya and AVC have achieved great success in the visual information systems market place," said Sjoerd De Clerck BARCO's Visual Systems division manager. "They have an excellent record of delivering superb value added components to their customers." "We expect even greater achievements from Maya and AVC, by combining their talents with the specialized technological solutions from BARCO." Maya Video Communications specializes in the design, installation and maintenance of large screen display systems for information process control rooms. Maya large screen display systems are widely used for telecommunications, traffic control, data surveillance and other installations where computer and video information needs to be shared among large audiences. Representative clients include: NYNEX NYNEX New York-New England & X for the Unknown (Telephone Company) NYNEX New York Network Exchange , Con Edison, PECO PECO Países da Europa Central e Oriental (Portugal) PECO Philadelphia Electric Company PECO Public Education Capital Outlay PECO Pelagic Cormorant (phalacrocorax pelagicus) Energy, Amtrak Amtrak, the National Railroad Passenger Corp., authorized to operate virtually all intercity passenger railroad routes in the United States. Amtrak was created by Congress in 1970 in response to more than two decades of continuous operating deficits by privately run , Central Power & Light, and Public Service of Oklahoma. "With the acquisition of Maya Video, BARCO has strengthened its ability to provide professional integration services to its full dealer network," said Charles Levitt, executive vice-president and general manager of Maya Video Communications. "Our company's services will be available to BARCO projector dealers that may not have in-house engineering, design and CAD departments. Maya Video will be a resource that will help distinguish them as providers of value-added services." American Video Communications develops, implements and supports innovative visual and audio communications systems to provide customers with better ways to share information. Their services include complete ergonomical engineering, consultation, installation, training, and service. AVC has installed systems in major corporations, military facilities and government facilities worldwide. Representative clients include: Southern California Edison Southern California Edison (or SCE Corp), the largest subsidiary of Edison International (NYSE: EIX), is the primary electricity supply company for much of Southern California. It provides 11 million people with electricity. , Metropolitan Water District of Southern California The Metropolitan Water District of Southern California is the largest bulk water supplier for municipal use in the world. The name is usually shortened to the "Metropolitan Water District" or simply "MWD". , Los Angeles Fire Department The Los Angeles Fire Department (LAFD), also known as the Los Angeles City Fire Department to distinguish it from the Los Angeles County Fire Department. It is the agency that provides fire protection and emergency medical services for the city of Los Angeles. and City of Los Angles Traffic Control Center. "By joining BARCO's manufacturing based expertise with the integrator's service based expertise, ideal combination of talents has been born," says Tom Sutherland, executive vice-president and general manager of AVC. He added "AVC and Maya were chosen due to their proven track record as an integrator and commitment to providing the best solution for the customer." The BARCO Group is headquartered in Kortrijk, Belgium and is organized in four strategic groups: Visualization, Communication, Automation and Graphic Systems. BARCO Visual Systems is focused solely on the development of visual systems markets, applications and sales. BARCO Projection Systems offers large screen projectors for a wide range of applications. -0- For additional information: BARCO, Inc. 1000 Cobb Place Boulevard Kennesaw, GA 30144 (770) 590-7900 (770) 590-8836 fax http://www.mindspring.com/~barco Maya Video Communications, Inc. 148 Madison Avenue New York, NY 10016 (212) 532-6206 (212) 213-2641 fax http://www.mayavideo.com American Video, Inc. 10650 Humbolt Street Los Alamitos, CA 90720 (310) 493-3771 fax (310) 598-5380 CONTACT: BARCO, Inc. Elaine Bentley, 770/590-7900 Ext. 1221 Fax, 770/590-8836 |
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