June 03, 2002
Myrio Announces Largest U.S. Deployment of Digital TV and Entertainment Services Over DSL
Contract with Iowa Network Services to serve subscribers of independent telephone companies throughout Iowa
Atlanta, GA - Myrio Corporation, the leading provider of software technology that enables the delivery of Digital TV and advanced entertainment services over broadband networks, announced today that Iowa Network Services (INS), a company that serves 147 independent telephone companies with approximately 250,000 subscribers, has selected Myrio to provide software for the delivery of premium digital entertainment services over its statewide telecommunications network. The Myrio solution will be available to the 147 owners and users of the INS network throughout the state of Iowa.INS selected Myrio after evaluating other leading providers of software that provisions and controls entertainment video services for independent telephone companies utilizing DSL distribution. The INS entertainment offering to the independent telephone companies will include more than 150 channels of high-quality digital TV and digital music and always-on high-speed Internet access.
“Our goal is to provide our participating independent telephone companies with new services that are strategically sound and provide significant new revenue opportunities,” said Richard M. Vohs, president and CEO of Iowa Network Services. “We looked at all the other providers for these enhanced entertainment services and Myrio’s experience with deployments, price performance and feature set won out.”
According to Charles Jablonski, president and CEO of Myrio, the agreement with INS demonstrates – in a very large way – that telecommunications network operators are embracing the concept of evolving into entertainment companies.
“We offer a compelling business strategy to operators wanting to leverage their existing networks and implement new entertainment and communications services,” said Jablonski. “Our solution is practical in terms of protecting subscribers from cable or satellite TV encroachment, and it is profitable in terms of a rapid return on the investment.”
About Iowa Network Services
INS was organized and is owned by 127 Rural Iowa Independent Telephone Companies. INS currently provides centralized equal access to 147 Rural Iowa Independent Telephone Companies, which serve about 330 communities. Beginning operations in 1989, INS was established to provide the necessary competitive telephone services required by the small independent telephone companies who serve about 250,0000 rural Iowans. INS constructed a statewide fiber optic network and installed a DMS 500 Nortel switch in Des Moines in 1988 and 1989. The fiber network has grown to 1,900 miles of primarily buried fiber cable and now includes a redundant DMS 100/200 switch center located at Kamrar, Iowa. For more information, please visit INS’s web site at www.iowanetworkservices.com.About Myrio
Myrio is the leading provider of software and integration services that enable new video revenue opportunities for broadband service providers by leveraging their existing infrastructures. With Myrio's solutions, operators can offer next generation, TV-based services and media to their customers. In turn, operators can protect their valuable residential assets from competitors, such as cable and satellite companies. A pioneer in the industry, Myrio has commercially deployed its solutions to operators throughout the United States, and is conducting customer trials internationally as well.Myrio is a privately held corporation funded by Ridgewood Capital, NeoCarta Ventures, and Alexander Hutton Venture Partners. For more information, please visit Myrio's web site at www.myrio.com.
Contact Information:
press@myrio.com(425) 897-7200