Monday April 14, 9:00 am ET
LAS VEGAS--(Business Wire)-- Statmon Technologies Corp. (OTCBB:STCA) a leading software application and infrastructure control solution provider whose proprietary products are deployed by network television and radio broadcasters, FLO technology mobile TV, microwave & telecommunications operators, expands its worldwide business development activities in the emerging "IPTV" market.
Informity Technology News (www.informity.com/News) reports that "Global IPTV revenue will top $17 billion by 2010 and the majority of global growth in IPTV, the distribution of television services over broadband networks, will be driven by hybrid deployments that combine digital satellite or terrestrial TV services with internet protocol based Telecom TV offerings."
Mr. Geoffrey Talbot, the Chairman & CEO of Statmon Technologies said "The rapidly increasing upgrades of wide scale networks for the delivery of IPTV and the convergence of video encoding for content delivery with telecommunication technologies presents a significant opportunity for Statmon Technologies.
Mr. Talbot went on to say, "a growing number of telecom carriers and their "IPTV infrastructure service providers in the US and abroad are recognizing that Statmon is the ideal solution of choice for IPTV transmission deployments and "four nine" network performance. Statmon has recently established a distinguished track record with the "FLO" mobile TV national rollout managing the content delivery transmission network servicing two "Tier One" domestic telecom carriers.
Statmon's capabilities to manage and control mission critical transmission operations, remote site facilities and all types of encoding and convergence technologies with our proprietary AXESS application software is making us highly competitive in the worldwide telecom and emerging IPTV market."
Telecom carriers, equipment manufacturers and turf integrators are looking to gain leverage from the AXESS universal platform and its capabilities including powerful bi-directional telemetry for alarmed proactive monitoring, remote control & automation of devices across their multi-vendor, multi technology networks. AXESS brings operations all together in a single system which is agnostic to the plethora of equipment manufacturers, incompatible technologies, standards and infrastructures. Simply stated, AXESS keeps transmission networks and remote sites "on the air" and transmitting automatically with real- time advanced self healing capabilities via automated recovery protocols, plus, facilitating real time NOC or remote operator intervention for corrective action or disaster recovery at any NOC or remote site, preempting and resolving problems before they cause costly outages and customer service issues.
Statmon Technologies is a leading provider of infrastructure management and control solutions for broadcasters, wireless carriers and telecommunications providers. The company's software and integration solutions allow their clients to automate and control, monitor, diagnose and repair vast networks of remotes sites from a NOC (network operations center) including direct access from a hand held connected device such as a Blackberry or PDA. The automation aspects of their technology provide pre-emptive and self-healing capabilities for different types of technologies, devices and sensors. Statmon's proprietary technology and universal integration capabilities are rapidly becoming an indispensable requirement for the TV/Broadcasting market, as well as an integral necessity for the telecommunication industry and all types of infrastructure networks. Statmon's ability to identify and repair problems before they occur is essential for maintaining uninterrupted networked operations.
Statmon has installations in more than 17 countries including: USA, Canada, Mexico, Brazil, Australia, New Zealand, Indonesia, Germany, Greenland, Trinidad, Tobago, Ireland, Italy, Kuwait, Singapore, Spain and the United Kingdom.
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