BigBand’s IP Solution Named Finalist for Prestigious European Technology Innovation Award
BigBand Networks, Inc. (NASDAQ:BBND) today announced its IP delivery solution, vIP PASS, has been named a finalist for the Society for Broadband Professionals (SCTE) 2011 Technological Innovation Awards. vIP PASS is one of the three short-listed applicants in the category of "Best Digital Processing Solution.”
BigBand’s vIP PASS supports the delivery of IP video services to a wide variety of IP-enabled consumer electronics devices. This robust, end-to-end video IP delivery solution leverages the same cable network architecture, software systems and network-based tools that are used to deliver and manage all of today’s proven cable video services. By "wrapping” IP video in DOCSIS®, the industry's signaling standard, vIP PASS gives service providers the ability to deliver video streams to IP devices without the need to transit through a cable modem termination system (CMTS). vIP PASS is designed to offer a more cost-efficient means to deploy IP video today.
"The European market is seeing the explosive growth of sophisticated, IP-enabled devices, such as PCs, smart phones, and televisions. European operators are looking for solutions that will let them extend managed video services to subscriber-owned devices in the home network, and that is just what vIP PASS can enable them to do,” said Harald Braun, Executive Vice President, BigBand Networks. "This is a wonderful honor, and we are proud to be considered a finalist for this award.”
The SCTE 2011 Technology Innovation Awards, open to the entire broadband industry, acknowledges technological innovation in the broadband arena and may be for a product, system or concept. The announcement of the winners will be made at the SCTE Annual Gala Dinner at Hatfield House on Saturday, April 2nd 2011.
Founded in 1945, the SCTE is a Learned Society and non-profit making organization whose aim is to raise the standard of broadband engineering in the telecommunications industry. Visit www.thescte.eu for more information.
About BigBand Networks
BigBand Networks, Inc. [NASDAQ: BBND] provides broadband service providers with innovative digital video networking solutions designed to make it easier to move, manage and monetize video. These solutions are based on BigBand's video-networking platforms that are built to enable efficient and reliable delivery across a wide range of services, including digital TV, high definition TV, advanced advertising, IPTV, video-on-demand and interactive TV. BigBand Networks has done business with more than 200 customers in North America, Asia and Europe -- including seven of the ten largest cable and telco service providers in North America. BigBand Networks is based in Redwood City, Calif., with offices worldwide. For additional information about the company, please call +1.650.995.5000, email email@example.com or visit www.bigbandnet.com.
vIP PASS and BigBand Networks’ brand and product names are service marks, trademarks or registered trademarks of BigBand Networks, Inc. in the United States and other countries. All other marks are the property of their respective owners.
This release contains "forward-looking statements" as defined under the U.S. Federal Securities Laws, including the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created by such laws. Forward-looking statements may relate to, but are not limited the functionality, programming potential and other potential benefits to be derived from the use of BigBand’s vIP PASS. Forward-looking statements are based on current expectations that involve a number of uncertainties and risks that may cause actual events or results to differ materially. Factors that could cause actual events or results to differ materially include, among others, the following: rapid technological change that can adversely affect the demand for BigBand’s products, design flaws in BigBand’s vIP PASS, shifts in customer demand, shifts in strategic relationships, delays in BigBand’s ability to deliver or decisions to discontinue its products and services, or announcements by competitors. These and other risks may be detailed from time to time in BigBand’s periodic reports filed with the Securities and Exchange Commission, copies of which may be obtained from www.sec.gov. BigBand Networks is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Information contained in our website is not incorporated by reference in, or made part of this press release.
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