2013-02-21 06:15:45 -
Delivering on demands for pay-TV operators and Telcos positioning for future
growth through secure content revenues and delivery
Oslo, February 21(st), 2013: Conax, global provider of future-
oriented solutions for securing multi-device and digital content for
broadcasters, content providers and Telcos, today reported strong growth I
n2012. In a highly competitive global market, Conax won contracts with 26 new
pay-TV operators and Telcos and entered 4 new countries, extending the content
security provider's global reach to 85 countries. Norway-based Conax also
enjoyed its highest
shipped volume on record, closing 2012 with a 20% increase
on volume over 2011. Q4 revenues also grew substantially, up by 9% from the same
quarter in 2011.
"In 2012, Conax launched a new corporate strategy and brand, new products,
new solutions and a new partnering strategy for securing our position in the
value chain, confirmed President and CEO, Morten Solbakken. We are very pleased
these efforts have also materialized in an increased customer base and record
volume."
"I am also pleased to introduce Tor Eirik Knutsen, new CFO, to the Conax
executive team from February 1(st). Tor Eirik has extensive experience within
the challenges and opportunities of a global marketplace. His immediate focus
will be capitalizing on the new Conax brand and organization for further driving
growth and Conax' future market position.
A technology specialist, Conax core development is focused on content security
solutions, flexibility and smooth integration with complementary technologies.
Concentrated R&D is a cost benefit for Conax customers. Leveraging its global
network of strategic partners enables Conax to deliver best-of-breed total
solutions for securing pay-content revenues over broadcast and broadband.
With a continual commitment to product and development, over 35% of Conax' human
capital is dedicated to R & D. During 2013 and 2014, Conax global strategy
includes additional R&D staff and l sales and technical resources to support
advanced solutions in mature markets and continued growth and expansion in Asia
and the Americas.
Conax press contact
Leslie Johnsen, Head-Public Relations
Email:
leslie.johnsen@conax.com
Phone: +47 41 45 80 43
Telenor Broadcast press contact
Jørgen Thaule, Communications Director
Email.
Jorgen.thaule@telenor.com
Phone: +47 91 55 96 07
About Conax (www.conax.com)
Conax provides the future-oriented security solutions and expertise that empower
multi-screen digital TV content providers around the globe to deliver premium
content over the combined Over-The-Top scenario of broadcast, broadband and
connected devices securely and eliminate potential revenue threats. Conax
Contego(TM) portfolio of solutions furnish content providers, cable, satellite,
IP, mobile and terrestrial operators with solutions that offer a competitive
advantage - reduced hardware costs, easy deployment and upgrade, including the
new Conax Xtend Multiscreen(TM) together with partners. Conax flagship, Conax
Contego(TM), bundles 25 years of pioneering experience into one unique solution
to guide operators in navigating and realizing new business models. Through its
benchmark policy for security-evaluated client devices and strategic partner
network, Conax technology secures content for operators representing 125 million
pay TV consumers in 85 countries around the globe.
ISO 9001 & 27001 certified, Conax is headquartered in Oslo, Norway, and
represented in Russia, Germany, Brazil, USA, Canada, Mexico, Indonesia,
Philippines, Thailand, China, Singapore, with 24/7 Global Support operations in
India. Conax is part of Telenor Group who has operations in 11 markets, 33.000
employees, 150 million mobile subscriptions and is among the world's largest
mobile operators. Corporate responsibility. Follow Conax on Twitter
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Source: Conax AS via Thomson Reuters ONE
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