Eagle Broadband Introduces New MediaPro IP3000 Set-Top Box For IPTV and Hospitality Markets
September 27 2005 - 10:15AM
Business Wire
Eagle Broadens IP Set-Top Box Product Line with New, Compact,
Low-Cost Platform to Complement Existing High-End MediaPro IP5000
Models Eagle Broadband, Inc. (AMEX:EAG), a leading provider of
broadband, Internet protocol (IP) and communications technology and
services, announced today the availability of the company's new
MediaPro IP3000SD, a standard definition IP set-top box for the
residential IPTV, hospitality and other vertical markets. The
launch of the IP3000 platform accelerates Eagle's push into the
residential IPTV market with the company's most cost effective,
entry-level set-top box. The IP3000 product family complements
Eagle's existing high-end IP5000 family of IP set-top boxes
enabling the company to now deliver a full range of standard and
high-definition solutions for the residential IPTV market. The
IP3000 is also an ideal entry level solution for the hospitality
industry, providing a robust, compact solution for economy and
mid-level hotel properties. Capable of supporting a variety of
leading middleware and video-on-demand systems, the IP3000 platform
delivers the advanced content system security and digital rights
management (DRM) needed by a wide variety of industries including
telco, hospitality, enterprise, and government markets. Available
in MPEG2 format, the IP3000 also supports the new MPEG-4 AVC
(H.264) video compression standard. It is available in a standard
definition format today as the IP3000SD. "We developed the IP3000
to meet the specific needs and growing demand from telephone
companies, new broadband providers and hospitality operators for a
very cost-effective, fully featured, low-end IP set-top box for the
hospitality and residential IPTV markets," said David Micek,
president and CEO of Eagle Broadband. "Eagle's goal is to build
upon our successes and expand in the low-end hospitality market,
while leveraging additional set top box revenue opportunities with
our IPTVComplete(TM) video service offering. From this solid base,
we can pursue additional vertical markets including enterprise,
point of sale and others that require higher-performance in a
smaller, lower cost form factor." "The IP set-top box market is
expected to take off in 2006 and 2007, as telco IPTV deployments
expand beyond MPEG2 with a broader segment of DSL-based service
providers using new MPEG4 compression technologies to deliver video
to their end-customers," said Richard Webb, directing analyst with
Infonetics Research. "We expect the annual IP set-top box market to
exceed $450 million worldwide in 2006 as more and more incumbent
and competitive service providers enter the IP video business and
hospitality owners continue to transition to IP-based networks,"
Webb added. The MediaPro IP3000SD is a cost-effective, standard
definition set-top box designed to meet the needs of the
residential IPTV, hospitality, enterprise and other vertical
markets. With a compact footprint and quiet, fan-less design that
delivers exceptional streaming video quality, the IP3000SD support
both NTSC and PAL broadcast standards. The IP3000SD uses an
advanced system-on-chip architecture with an integrated graphics
accelerator to provide advanced functionality in a low cost
platform. The architecture has dedicated multimedia engines
executing in parallel to deliver the highest performance 2D, 3D
graphics and video capabilities with motion compensation for video
playback. Proprietary hardware security features facilitate
advanced content protection while supporting a range of leading
middleware platforms, rapid development of customized applications
and the fastest path to deployment. For additional information
regarding MediaPro IP set-top boxes or to schedule a demonstration,
please call 800-628-3910 or 281-538-6000 or send an email to
mediaproinfo@eaglebroadband.com. About Eagle Broadband Eagle
Broadband is a leading provider of broadband, Internet Protocol
(IP) and communications technology and services that create new
revenue opportunities for broadband providers and enhance
communications for government, military and enterprise customers.
Eagle leverages years of proven experience delivering advanced,
IP-based broadband bundled services to provide service provider
partners with a way to deliver next generation entertainment,
communications and security services to their subscribers. The
company's product offerings include IPTVComplete(TM), the fastest,
lowest cost way for broadband providers to deliver the most
competitive IP video services; the MediaPro line of HDTV-ready IP
set-top boxes that enable broadband providers and hotel operators
to maximize revenues by delivering state-of-the-art, interactive
entertainment services; and the SatMAX(TM) satellite communications
system that provides government, military, homeland security and
enterprise customers with reliable non-line-of-sight voice and data
communications from any location on Earth. The company is
headquartered in Houston, Texas. For more information, please visit
www.eaglebroadband.com or call 281-538-6000. (EAGG) Forward-looking
statements in this release regarding Eagle Broadband, Inc. are made
pursuant to the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties,
including, without limitation, continued acceptance of the
company's products, increased levels of competition, new products
and technological changes, the company's dependence upon
third-party suppliers, intellectual property rights, and other
risks detailed from time to time in the company's periodic reports
filed with the Securities and Exchange Commission.
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