AMO.L Regulatory News (AMO)

8 Jan 2007 06:00

Amedia Networks, Inc. (OTC BB: AANI) (FRANKFURT: TEJ.F), aprovider of next generation media gateways to distribute and manageultra-broadband triple-play services in the home, today announced thatit will feature Amino's flexible AmiNET130 HD/SD MPEG-2/4 IPTV devicein Amedia's demonstration of its Broadband Entertainment Center -- anall-in-one gateway, home networking appliance, and media portal -- atthe 2007 International CES (Consumer Electronics Show) in Booth #26731in South Hall 2, running Jan. 8-11 in Las Vegas, NV. £ In addition to combining the collective functionality of a modem,router, wireless access point, VoIP adapter, and more within a singledevice, Amedia also provides an easy-to-use Media Library -- allowingusers to store, organize, search, and select their movies, homevideos, music, and other downloaded or streaming multi-media contentthrough a customizable interface. £ The Amedia gateway essentially replaces the computer as thecentral "media hub" within the networked home. Working in conjunctionwith Amino's compact AmiNET series, the Amedia gateway empowersresidential users with the ability to surf the web at ultra-broadbandspeeds directly on their TV screens - from the comfort of theircouches. Supporting HDTV displays at 720p and 1080i resolution, theAmiNET130 enables service providers to deliver cost effectiveon-demand video and multi-room IPTV services. The elegant AmiNET130supports H.264 (MPEG4/AVC) video streams and is modeled on the sameaward-winning design as the AmiNET100 series allowing viewers toexperience superior video quality of movies stored on their gateway -with the full capability to access, search, select, and playmultimedia from their personalized media libraries right from theirTVs. £ "By consolidating various home networking gear into a singledevice and offering a new pathway to enjoy multi-media contentthroughout the home, the Amedia gateway offers all the best in comfortand quality for the home entertainment experience," said FrankGaluppo, President, CEO, and Director of Amedia Networks. "While thesecapabilities have clear and tangible benefits for the home user, theBroadband Entertainment Center ultimately provides telecommunicationscarriers with a platform to better manage residential triple-playservices and expand revenue opportunities at the same time." £ "In-home media distribution is rapidly evolving, evident byAmedia's most recent breakthroughs with its Broadband EntertainmentCenter platform - which presents a new and exciting paradigm in homeentertainment centered around the television and family room, ratherthan the PC and home office," said Roy Kirsopp, VP and General Managerat Amino. "As consumers continue to drive demand for more enhancedhome media, such as HDTV and IPTV, Amino is committed to deliveringpowerful and flexible solutions to support new challenges faced bycarriers." £ About Amino £ Amino Communications supplies the AmiNET(TM) series of set-topboxes renowned for their low-cost and reliability. The AmiNETmaterially reduces service operators' capital expenditure, whileoffering the full range of specification required; MPEG2 and MPEG4encoding standards, standard and high definition TV, personal videorecording and home networking. The AmiNET series of IPTV set-top boxeshave been used by more than 600 customers in commercial deploymentsand trials in over 50 countries worldwide. Amino's principal customersare telecommunications, broadcast and hospitality service operators.Amino Communications is a wholly owned subsidiary of AminoTechnologies plc. listed on the London Stock Exchange AIM, symbol AMO.Amino is based near Cambridge, UK, and has offices in Atlanta(Georgia) and Hong Kong. For more, visit www.aminocom.com £ About Amedia Networks £ Amedia Networks, Inc. (OTC BB: AANI) provides next generationresidential media gateways to distribute and manage high-qualityvoice, high-definition video, and high-speed data services throughoutthe networked home. The Amedia residential gateway offers a single,compact, configurable device with the collective functionality of amodem, wireless access point, router, VoIP adapter, and familyfirewall - all in one. In addition, it features external media storageand a built-in operating system for carriers to continuously developand deliver new, ultra-broadband applications to the home. The companyis led by an executive team with a long and proven history in thevoice, data, and telecom industries, and its core technologies havebeen co-developed by Lucent Technologies, Inc.'s renowned BellLaboratories unit. For more information, visit www.amedia.com. £ All company names, brand names, and product names herein aretrademarks of their respective holder(s). £ This press release may contain "forward-looking" statements asthat term is defined in the Private Securities Litigation Reform Actof 1995. A number of factors could cause Amedia's actual results todiffer from anticipated results expressed in such forward-lookingstatements. Such factors are addressed in Amedia's filings with theSecurities and Exchange Commission (available at www.sec.gov) andinclude, but are not limited to, the success and market acceptance ofAmedia's triple play solution, the sufficiency of cash reserves tomeet operating and other requirements, the relatively fast pace ofobsolescence in the broadband communications equipment market, and thecompetitive environment in the economy generally and in thetelecommunications specifically. Amedia assumes no obligation toupdate any forward-looking statements. Copyright Business Wire 2007