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Cabletime Ends its 2008 Fiscal Year on A High Note - Cabletime, a leading developer and manufacturer of MediaStar, the industry-leading TV, AV and digital signage distribution systems over the LAN / WAN infrastructure, has ended its 2008 fiscal year, ending 30th September, on a high note
Cabletime Ends its 2008 Fiscal Year on A High Note

 

NewswireToday - /newswire/ - Newbury, Berkshire, United Kingdom, 2008/11/07 - Cabletime, a leading developer and manufacturer of MediaStar, the industry-leading TV, AV and digital signage distribution systems over the LAN / WAN infrastructure, has ended its 2008 fiscal year, ending 30th September, on a high note.

   
 
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The success of its 2008 fiscal year follows a successful 2007 showing record growth and highest ever profits.

The Company has also recently seen strong increased growth in its American and Middle East markets, and continues to announce new products such as Drag and Drop control and scheduling software, used with its MediaStar Evolution range of digital signage and multimedia players. Said Paul Reeves, Sales and Marketing Director: “This solution is a fantastic enhancement to the MediaStar EvoNet streaming video decoder and multimedia player, handing over a greater degree of control and allowing the user to manage any content with ease and precision.”

Cabletime saw record growth in 2007 with the launch of its digital video broadcast LAN-Caster products for delivery of terrestrial and satellite video, and 2008 followed this trend with successful deployments including the University of Essex, the American School in Doha, as well as the addition of Australian distributor, Hills Antenna & TV Systems, part of the well known Hills Industries, a leading supplier in Australia and New Zealand of a wide range of television reception and distribution equipment. The Cabletime line-up of products will join a portfolio ranging from TV antennas, satellite dishes, headend equipment, cables and connectors.

While the economic climate is making for difficult conditions in the market, FY 2008 saw significant growth in a wide range of new vertical markets, allowing Cabletime to be well-poised to weather the storm with a strong balance sheet comprising no debt and significant reserves. Said Nick Bradford, Managing Director, “Cabletime is a leading player in the TV, AV, and digital signage over IP/Cat-5/6 marketplace, our installation at 250 Hutchinson’s retail ‘3 Stores’ (ThreeStores) recently finishing as a finalist for the prestigious AV Magazine’s Digital Signage Project of the Year awards. We have 25+ years of experience in this market, with numerous blue chip deployments. However, this doesn’t mean we can sit back and relax, and we are greatly anticipating ISE 2009 where we will launch a new HD product range to meet the demands of a new generation of customers.”

Cabletime will be at ISE09 in Amsterdam 3-5 February, stand #F94.

About Cabletime

Cabletime (cabletime.com) has over 25 years experience developing TV/AV and multimedia delivery products for corporate organisations internationally. The company’s MediaStar range incorporates: Evolution, which delivers both digital signage, multimedia and TV over IP; Compact, delivering TV and Video over Cat-5/Cat-6, networks with robust flexibility in a compact 1U chassis; and Pro, which enables a scalable approach to managing TV over Cat-5 and 6, allowing up to 180 PAL channels to be configured via a comprehensive software management suite.

Serving the retail, publishing, hospitality, sports, healthcare, educational, and government sectors, amongst others, Cabletime’s MediaStar range provides a unique and highly cost effective solution for every organisation requiring TV/AV and Multimedia. Cabletime’s MediaStar products deliver robust versatility and scalability in a comprehensive hardware and software package.

 
 
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Written by / Agency / Source: Cabletime

 
 

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Cabletime Ends its 2008 Fiscal Year on A High Note

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Publisher Contact: Angela Clark / Paul Reeves - Cabletime.com 
+44(0)16 3535111 a.clark[.]cabletime.com / p.reeves[.]cabletime.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Cabletime securities in any jurisdiction including any other companies listed or named in this release.

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