Norsat Signs Reseller Agreement With Hong Kong's Broadcast Technology Limited - BTL - To Accelerate The Deployment Of SpectraWorks DVB Date Hubs Into Asia.Business Editors
BURNABY, B.C.--(BUSINESS WIRE)--Nov. 29, 2000
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BTL Between the Lions (PBS children's TV show) Orders First SpectraWorks DVB (Digital Video Broadcasting) An international digital television (DTV) standard that is the European and Far Eastern counterpart of the North American ATSC standard. Data Hub
Norsat International Inc. (Nasdaq:NSAT NSAT National Secondary Assessment Test (Philippines) )(TSE See Tokyo Stock Exchange.
1. See Tokyo Stock Exchange (TSE).
2. See Toronto Stock Exchange (TSE). :NII (National Information Infrastructure) The U.S. government's policy for managing advanced technology in the country. The Clinton/Gore administration (1993-2001) was very enthusiastic about the Internet and proposed that it should be funded by private industry and be .), today announced that it has signed a reseller agreement with Hong Kong's Broadcast Technology Limited (BTL) Group to accelerate the deployment of the Company's SpectraWorks DVB Data Hub and other products into China and throughout the Asia Pacific Region.
The Company also announced that BTL has placed an initial order for a data hub that will be used to demonstrate SpectaWorks' industry leading performance capabilities.
The BTL Group is a system integrator and a leading developer, marketer and distributor of state of the art digital communication applications. The Group's key target markets are broadcasting, Internet and telecommunications in China and throughout the Asia Pacific Region. The SpectraWorks DVB Data Hub enables broadcasters, satellite operators, Internet Service Providers (ISPs) and private intranet operators to offer, two-way, high speed Internet access, virtual private networking, distance learning, video conferencing, multicast video streaming, Internet telephony, large volume data transfer and other services across both terrestrial and satellite networks.
"BTL has well-established channels to television broadcasters, ISPs and cable companies throughout China and South East Asia," said Robert H. Bucher, Norsat'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. . "Their customers are the primary target for the components and systems developed and marketed by Norsat Broadband Networks. By working with BTL, we will be able to more rapidly generate income from the Asian marketplace, initially with our hubs, and Norsat will be well-positioned to leverage this installed-base into a market for our satellite broadband terminals. "
"We are very impressed by the performance of the Norsat DVB Data Hub," said Lam Sai See Statement of Additional Information. Cheong, Managing Director of the BTL Group. "The Norsat brand name is well-known and respected around the world and we look forward to a very productive and profitable partnership."
Norsat International Inc. designs, engineers and markets premium products for use in the satellite wireless communications industry. It has two principal operating units. Norsat Broadband Networks develops satellite broadband terminals and DVB Data Hubs for the broadband IP market. Norsat Atlanta is a supplier of 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. components and after-market maintenance and repair services.
Statements in this release relating to matters that are not historical fact are forward-looking statements based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially.