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Com Net selects Amino's FUSION "IoT" solution

29 Nov 2016 09:00

RNS Number : 3558Q
Amino Technologies PLC
29 November 2016
 

29 November 2016

 

Amino Technologies Plc

 

("Amino" or "the Company")

 

Com Net selects Amino's FUSION "IoT" solution for multi-operator rollout

 

Amino, leader in hybrid TV and cloud solutions, has secured a contract win with North American IPTV service provider Com Net Inc (CNI) to roll out Amino's FUSION "Internet of Things" (IoT) solution across CNI's network of over 20 locally-focused operators.

 

CNI was originally established as a collaboration between 17 independent local exchange companies (ILECs) in Ohio and has now grown its ownership base to 21 ILECs, one electrical cooperative and a number of others across the U.S..

 

CNI acts as both hosting and service provider via its fibre network underpinned by quality of service solutions and a commitment to delivering leading edge services to its partners and customers.

 

Initially, CNI will deploy FUSION to four operators including: Ottoville Mutual Telephone Company, Bascom Communications, Farmers Mutual Telephone Company and Sycamore Telephone Company, with plans to offer the service across its entire operator customer base immediately thereafter.

 

CNI now hosts FUSION Home Monitor, a simple, consumer self-install Wi-Fi device, which is a key element of the FUSION IoT platform, offering operators a revenue share model enabling them to effectively monetize the IoT platform with several flexible consumer subscription models.

 

CNI will also manage the accompanying cloud-based subscriber management system and operator-branded mobile and web applications for all the operators.

 

FUSION Home Monitor was designed by Amino from the ground up specifically for operators - providing a converged service application that is deeply integrated across mobile, broadband and TV services.

 

Amino CEO Donald McGarva said: "Locally-focused operators are some of the most innovative players in the market - taking a lead in areas like fiber-to-the-home and now home automation. CNI has a great reputation for quality of service and bringing new services to the market and we look forward to working closely with them on this new deployment."

 

CNI BOS General Manager Aaron Holtz added: "Our ability to provide the highest quality communication offering to local providers is found in the company's commitment to operate its network and service with integrity - and to be an early adopter of new and innovative voice, video and Internet access and data applications.

 

"We see growing demand for IoT solutions that are compelling in their simplicity but also have the operator tools to deploy quickly and manage effectively. FUSION offers this end-to-end capability and is highly attractive to operators seeking to access the high growth home management and monitoring market."

 

 

Ends

 

Amino Technologies PLC

+44 (0)1954 234100

Donald McGarva, Chief Executive Officer

Mark Carlisle, Chief Financial Officer

finnCap Ltd (NOMAD and Joint Broker)

+44 (0)20 7220 0500

Matt Goode / Carl Holmes /Simon Hicks (Corporate Finance)

Simon Johnson (Corporate Broking)

Canaccord Genuity Limited (Joint Broker and Financial Adviser)

+44 (0)20 7523 8000

Simon Bridges / James Craven / Emma Gabriel

FTI Consulting LLP (Financial PR)

+44 (0)20 3727 1000

Chris Lane / Alex Le May / Darius Alexander

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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