TV/COM announces reseller agreement with Foundation Telecommunications.SAN DIEGO--(BUSINESS WIRE)--June 23, 1997-- Established reseller in North America to provide TV/COM with strong presence in rapidly growing business television, distance learning and broadcast markets. Enhancing its position as the world leader in supplying open architecture delivery solutions for cable, satellite, PC and terrestrial television networks, TV/COM International Inc., a subsidiary of Hyundai Electronics, Monday announced that it has signed a Value Added Reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). (VAR) agreement with Foundation Telecommunications Inc. (FTI FTI Free thyroxine index, see there ). Under the terms of the agreement, TV/COM will supply MPEG-2 digital video systems for FTI's business television, distance learning and broadcast customers. "We continue to build upon our extensive selection of products and services by entering into agreements with premier vendors of the industry," said George Livergood, president of FTI. "TV/COM has an excellent product line, and we are extremely pleased to be able to offer their digital video products in the business television, distance education and broadcast industries." "TV/COM's reseller agreement with FTI will expand our presence in the rapidly growing satellite telecommunications network Satellite Telecommunications Network (STN), is a DVB-S satelite communications company based in Ljubljana, Slovenia. STN was founded in July 2004 with the goal of becoming one of leading broadcast-over-satellite provider for Hot Bird 6, W2, Hellas Sat 2, TelStar 12, market," said Jeff Wallin, vice president of sales and marketing, TV/COM. "FTI's excellent reputation throughout North America, and its well established business and professional relationships all come together to make FTI a powerful partner for TV/COM." TV/COM offers the world's most flexible DVB (Digital Video Broadcasting) An international digital television (DTV) standard that is the European and Far Eastern counterpart of the North American ATSC standard. compliant MPEG-2 digital video compression system. Unlike proprietary systems, TV/COM's products provide an open platform for interoperability with future source, storage, broadcast and consumer equipment. In addition to supplying equipment, TV/COM will provide documentation, sales support and technical support. Information about FTI Foundation Telecommunications Inc. is a rapidly growing telecommunications service provider A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. specializing in state-of-the-art network design, tailored to the specific needs of each client. FTI offers the architectural design of the network, digital satellite equipment, space segment capacity and network control support for its clients. FTI has more than 20 years experience in delivering telecommunications systems to the business television, distance education and broadcast industries. FTI can be reached at 800/833-3353 for more information on network solutions and space segment availability. Information About HEA HEA Higher Education Academy (York, UK) HEA Higher Education Act of 1965 HEA Higher Education Authority HEA Health Education Authority HEA High Energy Astrophysics HEA Happily Ever After HEA Hockey East Association and TV/COM Hyundai Electronics Industries Company Ltd. (HEI HEI Higher Education Institution (UK) HEI Health Effects Institute HEI Hautes Études Internationales HEI House Ear Institute HEI Healthy Eating Index HEI Hautes Etudes d'Ingénieur HEI High-Explosive Incendiary ) was founded in 1983. Today, it is one of the largest semiconductor memory manufacturers in the world. HEI's parent company is Hyundai, Seoul, Korea, an $83 billion corporation involved in more than 40 business areas, ranging from fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. , petrochemicals, engineering and construction, to automobiles, finance, insurance and securities. Hyundai Electronics America (HEA), a subsidiary of HEI, combines many business divisions that include computer systems, telecommunications products, systems ICs and MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). chips. HEA has headquarters at 3101 North First St., San Jose, Calif. 95134. Founded in 1973, TV/COM was acquired in 1995 by Hyundai Electronics America (HEA) and is a subsidiary of HEA. The company's products include digital compression systems, headend equipment, conditional access systems, scrambling/encryption systems, digital set-top boxes, near video-on-demand (NVOD NVOD Near Video On Demand ) servers and software for subscription, pay-per-view and interactive entertainment. TV/COM is uniquely positioned in the direct broadcast satellite (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. ) industry to provide all of the components needed for a true end-to-end solution from the silicon technology to the set-top box. For more information about TV/COM or its products, contact: Andrea LaVorgna at www.tvcom.com, 17066 Goldentop Road, San Diego, Calif. 92127. Phone: 619/618-4813. Fax: 619/618-4864. -0- NOTE: All trademarks or registered trademarks are the property of their respective owners. CONTACT: TV/COM, San Diego Andrea LaVorgna, 619/618-4813 alavorgna@tvcom.com |
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