Break through order in USA for Limt within TV-Automation
Break through order in USA for Limt within TV-Automation Limt has received an order for its TV-Automation system, Multi-Caster. This is the first order in the US market for the company, and a breakthrough within this segment. The buyer Gans Multimedia will install the system at WLYN-TV in Pennsylvania. Kaj Björkman, President and CEO of Limt AB : "This is an important break through and a recognition of Limt and our Multi- Caster system within a new market segment with a large potential". "Limt intends to invest considerable resources to become a leading actor within TV-Automation. There are over 6000 TV-stations world-wide, which will need different levels of automation in the transition to digital broadcast. We now have, after a period of product development, a very competitive total automation solution. Our product portfolio has been extended, including both solutions for TV-Automation as well as established products for "local TV- advertising", giving Limt a growth potential within the area of digital TV, where we intend to be a leading supplier". Limt´s system for TV-Automation, "Multi-Caster", is addressing TV-Broadcast stations that have a need to control and operate in a multi-channel environment more efficiently, due to increased number of channels and services. This need is expected to grow considerably as the market transitions to digital broadcast. Multi-Caster is considered as one of the most advanced systems for TV- Automation. The system has previously been sold to 3 cable-operators in Israel, where final testing and installation currently is in process. Limt in brief Limt is developing, manufacturing and marketing products and services for the TV industry, including TV-Automation and Remote ad insertion systems for distribution of spots in national or regional TV broadcasts. Limt supplies total system solutions with its own developed hard- and software. Limt is active in the market for Cable, Broadcast and Information Providers with a primary focus in USA and selected countries in Europe. For additional information, please visit our home page at www.cml.com. For further information please contact: Kaj Björkman, Verkställande Direktör LIMT AB, Stockholm, Sverige Phone: + 46 8 562 110 00 Michael Watson, President Limt Inc., El Cajon, USA Phone: +1 619 596 8968 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/28/19991028BIT00290/bit0001.doc http://www.bit.se/bitonline/1999/10/28/19991028BIT00290/bit0002.pdf