Press ReleaseVITEC Multimedia Positioned for Significant GrowthVitec Multimedia Announces Recent Acquisitions of Optibase and Focus Systems Group Paris, France. July 28, 2010—VITEC Multimedia—a worldwide leader in advanced digital video solutions—announced completion of the purchase of both the Optibase video business and the Focus Enhancements’ Systems Group. With these purchases, VITEC now adds industry-leading IPTV solutions, and video acquisition and management products to its lineup, including Media Gateway video encoders and decoders, FITIS Full Motion Video and EZ TV IPTV solutions, FS Portable DTE Recorders, ProxSys Media Asset Management solutions, media converters, and OEM-ready media hardware and software.Now, customers in the broadcast, government, military, medical, education, industrial, and production markets can depend on VITEC throughout the entire video production process including acquisition, conversion, image processing, MPEG compression, recording, media asset management, streaming, decoding and delivery. “The acquisition of both the Optibase video business and the Focus Systems Group, including their product lines, brands, and key employees, further positions VITEC Multimedia as a worldwide leader in advanced digital video solutions,” said Philippe Wetzel, CEO of VITEC Multimedia. “In combination with our recent acquisition of Stradis, these acquisitions further our objective to provide a complete line of advanced digital video solutions to our customers around the globe. With innovation at its core, the VITEC R&D division—now with more than 100 esteemed engineers—is uniquely positioned to deliver innovative solutions for a wide range of advanced digital video applications—managing the entire video process from source to display.” About VITEC MultimediaVITEC specializes in the development and industrialization of advanced digital video solutions in the MPEG field for OEMs and integrators. Since 1988, VITEC Multimedia has been devoted to the development of MPEG encoding and decoding solutions and the creation of innovative concepts intended for digital video applications. Since 1990, VITEC has focused its efforts on digital video and conforming to ISO standards such as MPEG.Since its creation, VITEC Multimedia has been universally recognized for its groundbreaking product development. Its strengths are based on a team of skilled and experienced engineers who understand the challenges and nature of demanding customer requirements. VITEC Multimedia's main objectives are to provide high-end technology and complete solutions to the digital video market. For more information visit www.vitecmm.com. # # # Company and product names may be trademarks of their respective owners. © 2010 VITEC Multimedia. All rights reserved.
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