Charles Industries Announces Strategic Alliance Agreement with Net Insight on Video Solutions.ROLLING MEADOWS, Ill. -- Charles Industries Ltd., a privately held, diversified manufacturing and high-technology company today announces that it has signed a strategic alliance agreement with Net Insight (SX:NETI NETI Network Information Table NETI Network Table Inquiry (Sprint) B), a leading provider of video, voice and data networking equipment headquartered in Stockholm, Sweden. The alliance will enhance Charles Industries' position as a leading end-to-end broadband access solutions provider for service and wireless providers, and system integrators. Under the terms of the agreement, Charles and Net Insight will work together to fulfill sales and marketing opportunities of video solutions to telco service providers. Net Insight's Nimbra(TM) product portfolio includes a complete range of multi-service network equipment based on Next Generation SONET technology. The platform provides a guaranteed quality of service for video, data and voice services within the network from the core backbone to the end customer. Net Insight's proven network solutions are in use by a number of demanding customers, including metro/regional operators who offer IP-TV and Internet access for residential ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line customers. While Net Insight provides the network transport section of the video solution, Charles Industries provides network access with is STEP DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary (TM) System. STEP DSL is a highly-scalable DSLAM (DSL Access Multiplexor) A central office (CO) device for ADSL service that intermixes voice traffic and DSL traffic onto a customer's DSL line. It also separates incoming phone and data signals and directs them onto the appropriate carrier's network. See DSL. platform allowing telcos the ability to deploy DSL services to both low and high-density areas with a minimal initial capital investment. Utilizing STEP DSL, telcos can generate new revenue opportunities by offering triple play services (data, video and voice). STEP DSL utilizes Ethernet in the access network as opposed to ATM. It deploys an "IP all the way" system supporting integrated high-speed "always-on" triple play services. In particular, STEP DSL supports ADSL2+ and IGMP (Internet Group Multicast Protocol) The protocol that governs the management of multicast groups in a TCP/IP network. To sign up for a multicast group, a Host Membership Report is sent by a user's machine to its nearest routers, which forward that data to multicasting, essential protocols for deploying video. "The Net Insight relationship will strengthen Charles' reach and penetration with innovative video product solutions," said Mark Huntzinger, Director, Access and Transmission Business Unit. "Net Insight has a strong reputation as a value-added provider of video, as well as voice and data networking equipment, and this partnership will benefit both companies in the rapidly growing area of triple play services. We are excited to join forces with Net Insight and further develop this market." Huntzinger added. "Charles Industries has customer relationships and complementary product that will allow both companies to provide an end-to-end video solution," Per Lindgren, Vice President of Business Development, Net Insight, said. "In light of the growing demand for IP video services, the Charles partnership was a natural fit," said Lindgren. The combined Nimbra / STEP DSL video solution will be demonstrated in Charles' exhibit (booth #24025) at SUPERCOMM 2005, a leading telecommunications tradeshow, June 7-9 at the McCormick Place Convention Center in Chicago, Illinois. About Net Insight Net Insight develops video, voice and data networking equipment that delivers guaranteed 100% QoS with maximum network utilization and multicast to provide a network that can efficiently and economically deliver advanced video services such as HDTV (High Definition TV) A set of digital television (DTV) standards that offer the highest resolution and sharpest picture. Although some HDTV sets are available in standard (rather square) screen sizes, the overwhelming majority of sets are wide screen, which eliminates , Video on Demand and Digital Television. The Nimbra platform enables customers to launch new revenue generating TV and video related services for Broadcast TV, CATV (Community Antenna TV) The original name for cable TV. It used a single antenna at the highest location in the community in order to deliver a quality signal to homes in areas with hilly terrain or other interference. , Telco Triple Play and DVB-T See DVB. with significantly reduced CAPEX and OPEX See CAPEX. . Net Insight is quoted on the Stockholm Stock Exchange's O list and has offices in Sweden and the USA. For more information, visit www.netinsight.net. About Charles Industries Charles Industries, Ltd., is a privately held, diversified manufacturing and high-technology company. It is ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9000 and TL 9000 certified, and employs more than 600 individuals in its Rolling Meadows, Illinois Rolling Meadows is a city in Cook County, Illinois, United States. The population was 24,604 at the 2000 census. Geography Rolling Meadows is located at (42.076209, -88.025911)GR1. , corporate headquarters and five U.S.-based manufacturing plants. Charles designs, manufactures and sells quality, innovative solutions worldwide through its Telecommunications, Marine and Industrial Groups. For further information, please visit www.charlesindustries.com or call (847) 806-6300. |
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