Monthly February, 2011

NEWS & EVENTS

High fidelity video compression for broadcast
and broadband.

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La compression vidéo expliquée par les pros d’ATEME – Youtube

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Company Achieves Profitability Amid Fast Growing Video Delivery Market

ATEME announced today its preliminary and unaudited results for the year ending December 31st, 2010. With net revenues totaling $22 million in 2010, the video compression solution provider achieved a 57% year-on-year growth. The company achieved profitability for 2010 – a significant achievement considering it was accomplished with the lowest invested capital by any competitor in the video delivery market.

2010 had started with a €6.5 million fundraising from A Plus Finance – a leading French private equity firm – and existing shareholders to enable the company to sustain its investments and keep its technologic edge. This made it possible for the company to successfully launch new products – targeting the converged media space in particular –demonstrating a high degree of flexibility and responsiveness in supporting its highly respected clients – tier one broadcasters and network operators.

The commercial successes came from all regions, with Asia and Latin America in particular showing 3-digit growth rates. ATEME’s incremental revenues came both from strong customer demand in the broadcast contribution and Over-The-Top video spaces and from winning market-share in the mature video head-end market.

This ambitious strategy was rewarded by a significant improvement in all financial metrics. Not only did the top line revenue beat budget and company expectations, but gross margins exceeded 60% for the year as a result of productivity gains. This was achieved while maintaining a high rate of investments, with R&D spending representing almost 25% of net sales.

In 2011, the company expects significant growth in the Over-The-Top video market with strong demand for file-based and live transcoding coupled with Adaptive Delivery technologies such as Apple® HLS and Microsoft® Smooth Streaming. ATEME’s recent product announcement of the TITAN KFE and Live transcoding platform will address this growing opportunity.

About ATEME

ATEME is a world leading provider of MPEG-4 / H.264 and MPEG-2 bandwidth efficient compression technology. ATEME encoding solutions are deployed widely for broadcast contribution links, distribution, multi-screen live streaming, OTT and VOD applications.

ATEME announced today that Brendon Mills, a veteran IP video executive and entrepreneur has joined the company as a Senior Advisor. “ATEME has just completed a record-breaking year in 2010 in revenue and in reaching financial profitability”, said Michel Artières, President and CEO of ATEME. “As we look to 2011, Brendon’s experience as a former founder/CEO and video technology visionary will help us expand into the video transcoding market and push further into the US video technology market.”

ATEME offers award-winning video solutions across three video markets including broadcast contribution encoding, Distribution Video head-ends, and most recently in multi-screen video transcoding for file and live-based content. At the upcoming MWC 2011 trade show in Barcelona, ATEME is launching the second generation of the TITAN Livetranscoding solution to yield operational efficiencies for Converged Media architectures. TITAN is a new generation high-density platform tailored for mass file-based and live content production workflows. As a hardware companion to the widely deployed KFE software TITAN can transcode mezzanine files or MPEG-2 TS live streams into highly efficient H.264 or MPEG-2 files for multi-screen VOD or streams to address hybrid IP set-top-boxes in cable environments for Over-The-Top TV delivery.

“As I became acquainted with ATEME, the differentiator that impressed me most from the company was the industry-leading video quality of the home-grown video codec technology. ATEME routinely scores at the top of customer and industry video quality comparisons,” said Brendon Mills.

A serial entrepreneur in the communications technology market, Mills joins ATEME from RGB Networks. In June, 2010 RGB Networks merged with mobile IP video supplier RipCode, a company Mills founded and led as President and CEO. RipCode, a venture-backed video transcoding solution company, sold to customers such as MySpace Mobile, Thomson Reuters, as well as U.S. defense contracts through Harris Corporation and Lockheed Martin. Prior to founding RipCode in 2005, Mills served as founder, CEO and president of GENBAND, Inc. From GENBAND’s inception in 1999, Mills led the company’s pioneering efforts in the packet voice equipment industry. During his five years at GENBAND, Mills raised over $180 million in private capital, developed an award-winning VoIP gateway, and secured eight U.S. patents and a major win at SBC Communications alongside partner Alcatel. Mills currently serves as Chairman of the Video Convergence Forum and holds a B.A. degree from Westminster College in Fulton, Missouri.
ATEME will exhibit at the following upcoming events

Feb 14-17, 2011

MOBILE WORLD CONGRESS Hall 2- Stand 2 E47- Booth# 23

Mar 22-24, 2011

IP&TV WORLD FORUM 2011 Booth# 287

Apr 11-14, 2011

NABSHOW Booth# SU 6325

May 3-5, 2011

ANGA CABLE Booth# N23

About ATEME

ATEME is a world leading provider of MPEG-4 / H.264 and MPEG-2 bandwidth efficient compression technology. ATEME encoding solutions are deployed widely for broadcast contribution links, distribution, multi-screen live streaming, OTT and VOD applications.

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