Transmode starts shipments to major US cable MSO
Stockholm, Sweden - 15th June 2015 - Transmode, a global supplier of packet-optical networking solutions, today announced that the company has started initial shipments to an undisclosed major cable MSO in North America.
Following a successful period of product evaluation and testing by the cable MSO, Transmode has now started receiving initial orders for its TM-Series platform for some specific applications. Initial orders are for smaller projects and it is anticipated that it will take time for the volume of business to grow. However it's Transmode's opinion that the longer term potential of the account is good.
Karl Thedéen, Transmode's CEO, commented, "While this is early days for this account and initial shipments are currently small, this project is an excellent example of the progress we are making in North America. Not only does this new account show that we can capitalize on our expertise gained in the European cable market, where we are exceptionally strong, but it is a good proof-point for the work we have been doing over recent years to structure our Americas team for growth and to lay the foundations for entry into selective larger accounts in the region."
For more information please contact:
Head of Marketing
Transmode Systems AB
Telephone: +44 (0)7766 146 440
Transmode is a global provider of packet-optical networking solutions that enable fixed line and mobile network operators to cost effectively address the capacity needs created by the rapid growth in video and data traffic. These solutions are important building blocks in next-generation high-speed optical networks that support services such as broadband backhaul, mobile data backhaul, video delivery services and cloud computing.
Transmode's solutions are designed to increase the capacity, flexibility and functionality of metro and regional networks and are based on Wavelength Division Multiplexing (WDM) and transport technologies such as Ethernet. Transmode's Native Packet Optical 2.0 architecture gives customers key advantages such as cost efficient Ethernet services, ultra-low latency, low power consumption and future proof network design.
Transmode is headquartered in Stockholm, Sweden and is listed on the NASDAQ OMX Stockholm Exchange (TRMO). Since 2000 the company has installed more than 50,000 systems for over 650 fixed and mobile network operators, service providers, large enterprises and public institutions in over 50 countries across the globe.
For additional information about Transmode, please visit: www.transmode.com
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Transmode via Globenewswire