Effnet: Factum Electronics Wins Two More Italian DMB Contracts.STOCKHOLM, Sweden -- Factum [Latin, Fact, act, or deed.] A fact in evidence, which is generally the central or primary fact upon which a controversy will be decided. Electronics, the world leader in digital multimedia broadcasting Digital Multimedia Broadcasting (DMB) is a digital radio transmission system for sending multimedia (radio, TV, and datacasting) to mobile devices such as mobile phones. head-end technology and middleware, has won contracts from Italian network provider RaiWay and Vatican Radio. The deliveries under the two contracts are based on the latest version of Factums' DMB System and enables RaiWay to broadcast Mobile TV and the Vatican to provide digital radio. The equipment delivered by Factum Electronics included audio encoders, IP inserters, data broadcasting servers, ensemble multiplexers, and management systems as well as Factum data receivers. "We are very pleased with the development of DMB in Italy in general and the Italian customers' trust in our equipment and support in particular. We have previously announced deliveries of DMB equipment to the Italian broadcasters EuroDAB, ClubDAB Italia and RAS (1) See network access server. (2) (Remote Access Service) A Windows NT/2000 Server feature that allows remote users access to the network from their Windows laptops or desktops via modem. See RRAS and network access server. , a subsidiary of RAI. 'DMB by Factum' is an established concept for user-friendly and flexible systems. Factum is not only offering the solutions to digital challenges, we set the standards and lead the way for the new kind of broadcasting, including mobile TV," says Kenneth Lundgren, Managing Director, Factum Electronics AB. "We are very pleased to receive yet another order from the Italian market. It is encouraging to note that the broadcasters are increasingly evaluating TV services in their DMB networks." concludes Hans Runesten, Chairman of Factum Electronics AB 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. of Effnet Holding AB. About Factum Electronics AB and Effnet Holding AB (publ) Factum Electronics AB, 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 Effnet Holding AB (publ) (STO:EFFN), is a world leader in the areas of DMB, Digital Multimedia Broadcasting, and NICAM NICAM near-instantaneous companding system: a technique for coding audio signals into digital form , digital stereo sound for television broadcasting. Factum Electronics develops and sells system solutions for signal encoding, decoding and processing and serves professional broadcasting customers in more than 40 countries. Additionally Factum Electronics develops and sells middleware for receiver chip manufacturers and test & monitoring equipment. For more information about Factum, please visit www.factum.se and more information about DMB is available at www.worlddab.org. Effnet Holding AB (publ) is traded on the First North list of the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. , under the ticker (EFFN). For more information about Effnet Holding AB (publ), please visit www.effnetholding.se. This information was brought to you by Waymaker http://www.waymaker.net |
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