ComStream Hi-Media and Zenith join forces for digital wireless cable; Hi-Media contracted as key supplier by Zenith.SAN DIEGO--(BUSINESS WIRE)--March 19, 1997--ComStream's Hi-Media Division, a leading integrated circuit (IC) provider for the broadband digital communications market, has been selected by Zenith Electronics Corp. as its supplier of transmission components for digital wireless set-top devices. The agreement will support a major portion of Zenith's contract to supply three million digital set-top boxes to Americast, the home entertainment programming venture of leading telephone and entertainment companies. Hi-Media delivered prototypes of network interface modules for multichannel Using two or more paths for transmission or processing. It can refer to a variety of architectures including (1) multiple I/O channels between the CPU and peripheral devices, (2) multiple wires in a cable, (3) multiple "logical" channels within a single wire or fiber or (4) multiple multipoint distribution system (MMDS (Multichannel Multipoint Distribution Service or Microwave Multipoint Distribution Service) A digital wireless transmission system that works in the 2.2-2.4 GHz range. ) set-top boxes to Zenith in September 1996 and has been shipping production units since January 1997. "We are very excited to be aligned with a leader in digital set-tops and consumer electronics such as Zenith," said Stephen Blake, vice president and general manager of ComStream's Hi-Media Division. "Our mission at Zenith is to integrate our technology with other best-of-breed video networking capabilities," said Allen Brown, division vice president, Digital Media Group, Zenith Network Systems Division. "ComStream's Hi-Media Division fits our profile of a responsive supplier, with a readiness to provide cost-effective solutions. Our digital products adapt to various network topologies, and Hi-Media's network interface designs meet Zenith's criteria for our modular architectures, allowing our products to accommodate the various networks being deployed by the Americast partners," added Brown. Zenith Electronics Corp. (NYSE NYSE See: New York Stock Exchange :ZE) based in Glenview, Ill., is a leading developer, manufacturer and marketer of: Network Systems products, including digital and analog set-top boxes for wired and non-wireless networks, and cable modems sold to cable and telecommunications companies; Consumer Electronics products, primarily television and video products for consumer and professional markets; and Display Devices, such as color television picture tubes, computer display tubes and components. Zenith is a leader in the development of digital high-definition television. (Web site address: www.zenith.com) Americast is the consortium of Ameritech Corp., BellSouth Corp., GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Corp., SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications, Southern New England Telecommunications Southern New England Telecommunications Corporation started operations in 1986 as the holding company for The Southern New England Telephone Company. Prior to 1986, The Southern New England Telephone Company had been a minority holding of AT&T until February 1986, when AT&T Corp. and the Walt Disney Co. created to develop and market the next generation in home entertainment. The Americast service is currently being introduced into selected markets across the United States. In addition to providing traditional entertainment services, Americast will offer innovative programming and develop such features as a proprietary program navigator, video-on-demand, home shopping and a variety of interactive services. Based in San Diego, ComStream's Hi-Media Division is a leading systems-driven IC developer. Hi-Media's digital transmission ICs are in more than half the DBS (Direct Broadcast Satellite) A one-way TV broadcast service from a communications satellite to a small round or oval dish antenna no larger than 20" in diameter. set-top boxes shipped to date in the United States. With more than three million products sold, Hi-Media is also the dominant supplier of transmission components for the digital video initiatives of the telecommunications industry. As a solutions-focused division, Hi-Media offers market-leading ICs together with production-ready reference designs, prototypes, network interface modules (NIMs), production tools and test equipment. ComStream is also a leader in VSAT (Very Small Aperture satellite Terminal) A small earth station for satellite transmission that handles up to 56 Kbits/sec of digital transmission. VSATs that handle the T1 data rate (up to 1.544 Mbits/sec) are called "TSATs. technologies, earth stations, and modems for public and private networks worldwide with offices in the United States, Canada, Mexico, Colombia, Indonesia, The People's Republic of China, Russia and the United Kingdom. ComStream is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Spar Aerospace Limited. Spar, a leading Canadian advanced technology company, is in the communications, space, aviation and defense, and software industries. Operations are located in North America, Europe and the Pacific Rim, and nearly 70% of revenues are derived outside Canada. It is listed on the Toronto and Montreal stock exchanges Montreal Stock Exchange See Bourse de Montreal, Inc. (Canadian Derivatives Exchange) . Stock symbol: SPZ SPZ Schützenpanzer (German; armoured personnel carrier) SPZ spätzle (dorsoventral patterning, genetics) SPZ Simplified Planning Zone SPZ Socionet Personal Zone SPZ South Park Zone . Web site address: www.spar.ca . -0- All trademarks acknowledged. CONTACT: ComStream, San Diego Donna Birks, 619/657-5005 ComStream Web site: www.comstream.com or Zenith Electronics Corp. John Taylor, 847/391-8181 or The Townsend Agency Carol Foster, 619/457-4888 |
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