Harmonic Inc. (NASDAQ: HLIT) today announced that its line of market-leading video encoding, stream processing, edgeQAM, video-on-demand and cable access solutions have been granted “RUS Acceptance” status from the U.S. Department of Agriculture’s Rural Utilities Service (RUS) agency for its Rural Development Telecommunications Program. Acceptance on the RUS list of materials allows rural communications companies to purchase Harmonic’s technologies with funds obtained through RUS grants or low-interest loans. Acceptance was based on the company’s compliance with RUS requirements, customer satisfaction and industry standards.
“The Rural Utility Services telecommunications program is a vital program providing rural telecom operators an enormous opportunity to bring broadband services to their communities,” said Jim Marino, Vice President of North America Sales for Harmonic Inc. “Our market-leading IP-based video processing, delivery, edge and HFC access technologies have been successfully deployed by small and medium sized telcos and cable operators in rural locations nationwide. The listing on the RUS accepted List of Materials will allow rural U.S. customers to utilize RUS financing to enhance and migrate their networks to advanced video solutions.”
Harmonic solutions granted RUS acceptance are:
- ProView™ video decoder products
- Electra® and Ion™ video encoding solutions
- ProStream™ stream processing platform
- HLP 4800 and HLP 1000 high-density broadband platforms
- PWRBlazer™ outdoor optical nodes
- PWRLink™ family of 1310 nm DFB laser transmitter modules
- SUPRALink™, METROLink™ and MAXLink™ 1550 nm DWDM transmitters
- StreamLiner® 3000 video streaming servers
- NSG™ 9000 universal edgeQAM
- Direct-2-Edge™ IPTV-over-coax system
- CLEARcut™ offline content preparation solution
- LIVEcut™ real-time content preparation solution
- MediaPrism™ Convergence Suite
- Armada® intelligent asset manager
- IRIS™ video quality of service (QoS) software suite
- NMX Digital Services Manager™
The RUS telecommunications program is designed to assist U.S. communication operators in developing, planning and financing the construction of broadband communications by providing financial grants in rural, economically-challenged communities where services currently do not exist.
About Harmonic Inc.
Harmonic Inc. is redefining video delivery with the industry’s most powerful solutions for delivering live and on-demand video to TVs, PCs and mobile devices. Harmonic’s technical innovation and market leadership enable the company to offer a unique and comprehensive solution portfolio—including encoding, transcoding, content preparation, stream processing, asset management, edge processing, and delivery. Broadcast, cable, Internet, mobile, satellite and telecom service providers around the world choose Harmonic’s IP-based digital video, software, and broadband edge and access solutions. Using these award-winning and industry-leading solutions, operators can reduce costs and differentiate their services by offering consumers a higher quality, personalized multi-screen experience.
Harmonic (NASDAQ: HLIT) is headquartered in San Jose, California with R&D, sales and system integration centers worldwide. The Company’s customers, including many of the world’s largest communications providers, deliver services in virtually every country. Visit www.harmonicinc.com for more information.
Editor’s Note: Product and company names used herein are trademarks or registered trademarks of their respective owners.
This press release may contain forward-looking statements within the meaning of Section 27(A) of the Securities Act of 1933 and Section 21(E) of the Securities Exchange Act of 1934, including statements related to: allowing rural U.S. customers to utilize RUS financing to enhance and migrate their networks to advanced video solutions.
Our expectations and beliefs regarding the capabilities of Harmonic’s video encoding, stream processing, edgeQAM, video-on-demand and cable access solutions and the anticipated benefits for Rural Utility Services telecommunication operators may not materialize, and actual results could differ materially from those projected. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Harmonic’s filings with the Securities and Exchange Commission including its recent Reports filed on Form 10-K and Form 10-Q. Harmonic does not undertake to update any forward-looking statements.