Tilgin wins first volume order on FTTH from NetDigital for Connexion Technologies for the US market
Stockholm, Sweden, April 23, 2010: Tilgin, a leading provider of solutions for multiplay and next-generation broadband access, has won a first volume order through its distributor NetDigital for home gateway solutions from Connexion Technologies in the US for fiber and Ethernet access roll-out.
In June 2009, Tilgin announced the initial breakthrough order from Connexion Technologies. Tilgin won this new first volume order in collaboration with NetDigital, Tilgin's partner and reseller in North America. The order value from NetDigital is approximately 1 MSEK. Connexion Technologies, a U.S. installer and manager of telecommunications networks, will now launch networks based on Tilgin's home gateway products for fiber and Ethernet access and the softwares HGA570 and VCM. This new order is intended for five of Connexion’s different student housing projects with installation planned to start this summer. “We are very glad to be a part of Connexion’s growth and expansion on the US Fiber to the Home market. Their trust proves the capability and flexibility of our softwares and solutions to meet the most advanced market requirements,” says Mats Victorin, CEO of Tilgin. “This order confirms Tilgin’s leading position in next generation access solutions and I value Connexion’s choice of making our ACS solution, VCM their main device management solution.” Connexion Technologies is not a service provider, rather it selects and manages a portfolio of providers that offer entertainment and communication applications, including enhanced television, telephone, Internet, and other services over Connexion’s provider-neutral networks. In November 2009, Connexion was ranked as its region’s 29th fastest growing company and in October 2009, Connexion Technologies was named by Inc. Magazine as one of the Top 100 fastest growing private companies in the US. “Tilgin has done a great work in getting us onboard and shown proof of good effort and responsiveness to our complex requirements. We need a robust and flexible solution that matches our business model including several kinds of end-subscribers, housing types and access methods”, says Geoff Fair, Executive Vice President of Engineering for Connexion Technologies. “We strongly believe that open fiber-optic networks add value – namely differentiation through technology. It is therefore essential for us to partner with solutions at the forefront, like Tilgin.” “With Tilgin and its next generation access solutions Connexion and other operators can stay attractive and relevant for years to come for both their current subscriber base and new ones,” says Basem Toma, Vice President at NetDigital. ― End ― “Tilgin makes this information public in accordance with the Swedish Securities Exchange Act and/or in accordance with the Swedish Financial Supervisory Authority.”
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