Inlet Technologies Marks Seventh Successive Year of Growth by Doubling Revenues in 2010

Share |

Inlet Technologies announced that 2010 marked the company’s seventh successive year of growth, with 2010 revenue twice the record revenue achieved in 2009, and Inlet’s R&D organization more than doubling in size.

Raleigh, NC (I-Newswire) January 26, 2011 - Growth Fueled by Collaboration with Broadcasters and Service Providers, 200% Growth Internationally across 35 Countries,and Support of over 1,000 Consumption Devices

RALEIGH, NC – Inlet Technologies, the leader in innovative solutions for digital media preparation, announced today that 2010 marked the company’s seventh successive year of growth, with 2010 revenue twice the record revenue achieved in 2009, and Inlet’s R&D organization more than doubling in size. Inlet’s ongoing success can be attributed to the company’s expansion into the service provider market, including cable, telco, satellite, and wireless providers, accelerated growth of its international business, as well as continued first-to-market innovations across all product lines.

Inlet increased its global customer base over 70% in 2010, including trials and deployments with a number of top broadcasters and cable, telco and wireless providers, who are collaborating with Inlet to support 24/7 live streaming of multiple channels to multiple devices. Inlet added several major broadcasters to its roster, including the BBC, ABC (Australia), Wealth TV and NBC Universal’s Winter Olympics coverage. Likewise, Inlet began working with numerous media services companies such as AEG Digital Media, Twofour Digital, deltatre, Rum Bum and Zeitbyte. Of note, Inlet’s international business grew 200%, with a major focus on partner expansion in both EMEA and APAC regions across 35 countries.

This past year, Inlet introduced an IP input live streaming appliance, a high-density streaming solution and automated ad insertion for real-time streaming to desktop and iOS devices. This major innovation—featured in the Spinnaker product line—gives content owners and service providers additional revenue opportunities for any repurposed broadcast content. Inlet is spearheading the shift of broadcast standards into the broadband world with detection of SCTE-35 cue messages, closed captioning and multi-language capabilities. In 2010, Inlet also announced full support for streaming to the Apple iPad and 3GPP devices, pushing support capabilities to over 1,000 consumption devices, and enabling customers to reach anyone, anytime on virtually any device.

Inlet was the recipient of numerous business awards in 2010, including the Inc. 500|5000, in which the company was named the 45th fastest growing software company in America, and the Red Herring North America 100. Inlet also received several regional awards, including the Council for Entrepreneurial Development’s (CED) North Carolina Company to Watch award and the North Carolina Technology Association (NCTA) Small Technology Company of the Year award.

“In 2010, Inlet solidified itself as the foremost provider of encoding solutions to enable multi-format streaming to multiple screens,” said Don Bossi, chairman and CEO, Inlet Technologies. “Moving forward, we will continue working with our customers to develop and enhance revenue streams, making their broadband content as high quality, reliable and profitable as broadcast content. We are confident 2011 will be another year of tremendous growth in online video, and Inlet will remain at the forefront of driving that growth.”

About Inlet Technologies
Inlet Technologies is redefining the online video experience with innovative solutions for media preparation that combine striking video quality with surprising simplicity and reliability, enabling content owners to expand their audience and realize greater value from their content. Industry leaders such as Major League Baseball, Microsoft, NBC Universal/Vancouver Winter Games, Yahoo!, France Télévisions and Home Shopping Network rely on Inlet for easy implementation, technical prowess and enterprise scale for their mission critical operations. For more information, please visit www.inlethd.com. Follow us on Twitter at InletTech.

###





About Inlet Technologies:
Inlet Technologies is redefining the online video experience with innovative solutions for media preparation that combine striking video quality with surprising simplicity and reliability, enabling content owners to expand their audience and realize greater value from their content. Industry leaders such as Major League Baseball, Microsoft, NBC Universal/Vancouver Winter Games, Yahoo!, France Télévisions and Home Shopping Network rely on Inlet for easy implementation, technical prowess and enterprise scale for their mission critical operations. For more information, please visit www.inlethd.com. Follow us on Twitter at InletTech.

Company Contact Information
Inlet Technologies
Shawn Ramsey
1121 Situs Court, Suite 330
Raleigh, NC
27606
Phone : +1 919-621-0737




Technology > Software

2010   cable   Software   Microsoft   abc   satellite   yahoo!   Apple   Winter Olympics   service providers   24/7   telco   BBC   Red Herring   NBC   live streaming   iPad   CED   Major League Baseball   encoding   inc. 500/5000   Inlet   Inlet Technologies   Don Bossi   monetization   Spinnaker   TwoFour Digital   Zeitbyte   Rum Bum   iOS devices   NBC Universal/Vancouver Winter Games   France Télévisions   Home shopping Network   InletTech   WealthTV   NCTA   North Carolina Technology Association   Council for Entrepreneurial Development   Broadcasters   wireless providers   ABC Australia   NBC Universal   AEG Digital Media   deltatre   automated ad insertion   SCTE-35   closed captioning   multi-language   3GPP   Red Herring North America 100   North Carolina Company to Watch   Small Technology Company of the Year  

January 26, 2011

Content Disclaimer: If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service company and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter,make sure to check the official company website for accurate release dates as our site displays the date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for inaccuracies or omissions in that information or for actions taken in reliance on that information.


Related Releases

Unlock iPhone In Under 15 Minutes Using The UnlockiPhone345.com Software Solution
A leading unlock iPhone company, UnlockiPhone345.com offers the software solutions to help iPhone users around the world get more from their mobile phone.

Exit Global Returns to CommunicAsia
Exist Global, the Philippines’ software powerhouse in Java and Ruby on Rails development, today announced their participation in CommunicAsia 2012.

Zhcellphones.Com Said That Google May Be Released Android 5 Tablet Pc In June
Just recently, China wholesale cell phones company zhcellphones.com reported Google plans to release Tablet PC.

Umicore Recognized As One of Europe's Most Eco-Innovative Companies
The global company takes first place in the Process Category for recycling technology.

NeoMagic Corporation Provides Investors With An Update On New Product Development And Current Operations
NeoMagic Corporation (NMGC.PK), the pioneer of embedded memory and logic technology, today provided a business update.


© Copyright 2012 I-Newswire.com - press release distribution service. All rights reserved