Exellent New Contract1The future looks bright, $7 per share is still a reasonable price for these shares IMO.
~~ dimar
https://www.vecima.com/news/090205_pr_vcm_qam2qam.pdf
VICTORIA, BC (February 5, 2009) Vecima Networks Inc. ("Vecima" or "the Company")
(TSX:VCM), a leading provider of equipment supporting broadband access to cable, wireless and
telephony networks, today announced it has signed a multi-year engineering, supply and maintenance
contract with a leading, US-based cable multiple system operator (Cable MSO) for a new cable
network product in its growing Terrace product family for all-digital cable systems. The new
TerraceQAM product is designed to provide cable system operators with market leading technology
delivering both High Definition (HD) and Standard Definition (SD) digital video streams in a secure
format connecting directly to newer flat panel TVs, eliminating the need for an additional Digital Set
Top Box. The result is a cleaner and more reliable installation offering a broader range of video
services and a simplified user experience. This new technology is highly desired by the hospitality
industry, hospitals, schools, universities and other institutions because it streamlines infrastructure
requirements and reduces costs. The market is expected to grow to a cumulative $600M worldwide
over the next ten years and creates opportunities for operators to deploy all-digital services to new
market segments.