Amedia Residential Gateway Designed to Satisfy Need To Bridge Media Devices and Extend Entertainment Experience Throughout the Networked Home for Projected 30 Million U.S. Households
Las Vegas -- January 8, 2006 -- Amedia Networks, Inc. (OTC BB: AANI), a provider of next generation media gateways to distribute and manage ultra-broadband triple-play services in the home, today announced that it will showcase its Broadband Entertainment Center, an all-in-one gateway, home networking appliance, and personal media library, at the 2007 International CES (Consumer Electronics Show) in Booth #26731 in South Hall 2, running Jan. 8-11 in Las Vegas, NV.
The Amedia Broadband Entertainment Center is designed to replace the computer as the media hub and central point of networking within the connected home. It will allow users to store, organize, and search all types of multimedia content -- - from movies, to home videos, to music, to games -- - within a personal media library right on their residential gateway, and then play that content on virtually any television, monitor, or networked device.
A recent Parks Associates study, Digital Living 2006 Forecasts, cites the growth in U.S. spending on digital living products and services, fueled by rapid consumer adoption of broadband and mobile communications, to reach nearly $300 billion by 2010. By this time, the study also predicts more than 30 million households will have a network that bridges numerous products and extends the entertainment experience to multiple rooms in the home.
"While the steadily increasing consumer demand for ultra-broadband entertainment services such as IPTV, on-demand video, online gaming, and digital music is providing new revenue opportunities for carriers, it is also driving the need for more sophisticated yet easy-to-use in-home media distribution," said Frank Galuppo, President, CEO, and Director of Amedia Networks. "The Broadband Entertainment Center is ushering in a new trend, consolidating the home network into a single appliance, and allowing subscribers to more easily and comfortably enjoy their home media experience -- without compromising quality."
In addition to offering a home media portal, the Amedia Broadband Entertainment Center also streamlines home networks, combining the collective functionality of a modem, router, wireless access point, VoIP adapter, and more within a lone, compact device. More unique features include wireless HDTV transmission via Ultrawideband (UWB) to various home entertainment and media devices throughout the home, as well as a Quality-of-Service (QoS) console, allowing subscribers to prioritize their entertainment and communications services to avoid disruption of quality or speed.
Carriers can also utilize the Broadband Entertainment Center s built-in software operating system to allow subscribers to surf the Web on their televisions, from the comfort of their couches. Service providers can also access previously untapped revenue streams by delivering proprietary or third-party software programs and networking capabilities to subscribers, such as in-home messaging, remote home monitoring, a virtual family calendar, personalized family firewall, and much more.
For general media inquiries or to schedule a meeting with Amedia at CES in Booth #26731 in South Hall 2, please contact Kevin McLaughlin at 877-505-2258 x902 or Kevin@resoundmarketing.com. CES attendees can also access the online Amedia SmartBooth through their personal MyCES portal to find additional information or schedule a meeting at the show.
About Amedia Networks
Amedia Networks, Inc. (OTC BB: AANI) provides next generation residential media gateways to distribute and manage high-quality voice, high-definition video, and high-speed data services throughout the networked home. The Amedia residential gateway offers a single, compact, configurable device with the collective functionality of a modem, wireless access point, router, VoIP adapter, and family firewall -- all in one. In addition, it features external media storage and a built-in operating system for carriers to continuously develop and deliver new, ultra-broadband applications to the home. The company is led by an executive team with a long and proven history in the voice, data, and telecom industries, and its core technologies have been co-developed by Lucent Technologies, Inc. s renowned Bell Laboratories unit. For more information, visit www.amedia.com.
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All company names, brand names, and product names herein are trademarks of their respective holder(s).
This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. A number of factors could cause Amedia s actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in Amedia s filings with the Securities and Exchange Commission (available at www.sec.gov) and include, but are not limited to, the success and market acceptance of Amedia s triple play solution, the sufficiency of cash reserves to meet operating and other requirements, the relatively fast pace of obsolescence in the broadband communications equipment market, and the competitive environment in the economy generally and in the telecommunications specifically. Amedia assumes no obligation to update any forward-looking statements.
JD Gardner
CFO and SVP Business Operations
Amedia Networks, Inc.
(732) 440-1959
jdgardner@amedia.com
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