Vecima expands relationship with leading OEM partner; co-brands CableVista edge decoder

July 15, 2008

1 Min Read

VICTORIA, British Columbia -- Vecima Networks Inc. ("Vecima or the Company") (TSX:VCM), today announced it has entered into a co-branding agreement with a major original equipment manufacturer (OEM) partner under which the parties will offer Vecima's CableVista Edge Decoder products by leveraging the OEM's worldwide sales network covering more than 90 countries. Vecima's CableVista Edge Decoder, is the only product of its kind to be approved by all major multiple system operators (MSOs) in the United States and has been deployed internationally. To date, the Company has received initial orders under the agreement in excess of $1 million.

"This new agreement further confirms CableVista as the market leading edge decoder for digital simulcast applications," said Vecima Chief Executive and Chairman, Dr. Surinder Kumar. "This OEM partner's brand and extensive sales channel are powerful tools that should generate increased sales opportunities globally, allowing us to better penetrate a market we believe is valued in excess of $20 million annually, and support expanded distribution of CableVista as the demand for edge decoding continues to grow."

Vecima Networks Inc. (Toronto: VCM)

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