|[June 17, 2014]
Oregan Reports Record 2013 Revenue
LONDON --(Business Wire)--
Oregan Networks (News - Alert), a leading supplier of next-generation Pay TV solutions
for Multiple Service Operators (MSOs), has delivered a record 2013
revenue, as it continued to invest into future growth through the
evolution of its product, methodology and market presence.
By the end of 2013, subscriptions to British Telecom's internet
television service powered by Oregan's software, surpassed 0.5 Million
subscribers, marking Oregan's largest telecoms operator deployment in
Europe to date.
Mark Perry (News - Alert), Chief Executive Officer of Oregan Networks said, 'The
company's Digital TV solutions are well proven in complex hybrid
broadcast and IPTV (News - Alert) deployments within the tier-1 Pay TV operator market,
making Oregan a trusted provider for global operators seeking mature,
flexible and economical solutions.
The ramp-up in revenues in year 2013, despite slower than expected
economic growth in Oregan's core markets, was driven by revenues from
Pay TV subscription licences and recurring platform evolution services
to MSO customers, demonstrating the high value of company's core
Based on the strength of our software portfolio, increased velocity of
new product roll-out methods, and the global context of growing
investment of telecom and satellite operators in the build-out of next
generation video delivery networks and systems, we expect to continue
delivering high performance in the year 2014.'
The company's substantial investment in the evolution of its hybrid
middleware platform that combines secure internet streaming capabilities
with cable, satellite and terrestrial television has led to a successful
launch of its products in key markets.
A full end-to-end product launch service package encompassing a
pre-integrated 3D user experience, an enabling media delivery software
framework and STB firmware diagnostics and remote management system - is
now offered to multi-regional operators who wish to increase the speed
of their innovation cycle whilst minimising operational costs.
About Oregan Networks
Oregan Networks provides a lightweight embedded middleware platform for
delivery of Digital TV services to hybrid broadcast receivers.
Oregan's platform encapsulates a blueprint combination of open Internet
standards with carrier-grade networking, security and quality of service
Oregan powers millions of devices deployed by leading telecoms and
retail brands, including British Telecom, Telefonica, CAT Telecom, NTT,
Batelco, Sony, Philips (News - Alert) and Sharp.
Oregan's headquarters and primary R&D centre are located in London UK,
with branch offices in Singapore, Mexico, Argentina and Taiwan. More
information is available at www.oregan.net.
Trademark Notice - Oregan Networks, Oregan Media Browser and Onyx are
trademarks of Oregan Networks Ltd. All other trademarks or registered
trademarks are the property of their respective holders.
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