ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

ETI Even Technologies Classa Com Npv

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type
Even Technologies Classa Com Npv TSXV:ETI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Ayecom Deploys Even Technologies Compression Solutions for Image Search in Video Streams

07/01/2008 9:03pm

Marketwired Canada


Even Technologies Inc. (TSX VENTURE:ETI) is pleased to announce that a contract
has been signed with Ayecom Inc. ("Ayecom"), an industry leader in image search
tools for video streams. Under this contract, Ayecom has licensed PSI_I(TM)
Video Compression and Decompression for Intranets. The grant of License includes
an initial payment of $300,000 toward license fees and future royalties.


Even Technologies' PSI_I(TM) solution for intranets enables Ayecom to compress
video files for rapid transmission and image recognition on IP networks. The
PSI_I(TM) system supports a variety of data rates and frame sizes to facilitate
effective delivery of any content, on any network, at one-third the bit rate of
H.264.


Using their proprietary INRA (IN Stream Recognition Application) technology,
Ayecom is commercializing an image recognition system integrating PSI_I(TM)
compression solutions from Even Technologies. The advanced technology of the
PSI_I(TM) compression provides for 66% reductions in the bandwidth required to
deliver video images for INRA image recognition. This will enable effective
searching for objects in video streams at 450 kbps and greatly improve the
delivery and management of images and video over IP networks.


Ayecom has entered into this contract with a view to integrate what they believe
to be "the most efficient and flexible compression technology" into their
leading edge applications.


Any content, anywhere, anytime.

On Behalf of the Board of Directors:

Nick Ringma, President and CEO

About Even Technologies Inc.

Even Technologies is a Vancouver, Canada based company, specializing in advanced
solutions for profitable IPTV delivery. Even Technologies' PSI(TM) Smart
Compression allows service providers to deliver standard definition video at
only 750 kbps and high definition video at less than 3 Mbps. Built into a
complete system including real time encoders, middleware and upgradeable set-top
boxes, the PSI(TM) technology provides the telecommunications sector with a new
alternative for delivering interactive digital television. The Company has also
implemented the PSI(TM) technology into a range of applications for medical
imaging, security identification photos and media streaming to the PC and mobile
environment. For more information, please visit www.eventechnologies.com.


Copyright (C) 2008 Even Technologies Inc.(TM), EVEN(TM), PSI(TM), dme(TM) and
other marks, names, logos and icons identifying Even Technologies Inc. and Even
Technologies' products and services referenced herein are trademarks or
registered trademarks of Even Technologies Inc. All other company, product
and/or brand names or marks are the trademarks of their respective owners.


Certain statements contained in this document, including statements regarding
events and financial trends that may affect our future operating results,
financial position and cash flows, may constitute forward-looking statements
within the meaning of the federal securities laws. These statements are based on
our assumptions and estimates and are subject to risk and uncertainties. You can
identify these forward-looking statements by the use of words like "strategy",
"expects", "plans", "believes", "will", "estimates", "intends", "projects",
"goals", "targets", and other words of similar meaning. You can also identify
them by the fact that they do not relate strictly to historical or current
facts. We wish to caution you that such statements contained are just
predictions or opinions and that actual events or results may differ materially.
The forward-looking statements contained in this business plan are made as of
the date hereof and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ materially
from those projected in the forward-looking statements. Where applicable, we
claim the protection of the safe harbor for forward-looking statements provided
by the (United States) Private Securities Litigation Reform Act of 1995.


1 Year Even Technologies Classa Com Npv Chart

1 Year Even Technologies Classa Com Npv Chart

1 Month Even Technologies Classa Com Npv Chart

1 Month Even Technologies Classa Com Npv Chart

Your Recent History

Delayed Upgrade Clock