Public, Education, and Government (PEG) Channels
OLD BRIDGE, New Jersey — May 19, 2015 — Blonder Tongue Laboratories, Inc. (NYSE MKT:BDR) together with its subsidiary RL Drake, announced today that the PEG-NE24 encoders have been formally approved for use by three of the top six major multi-system cable operators (MSOs). The encoders are designed to support public, education, and government (PEG) channels carrying local public access, school event, and municipal government programming.
“By listening carefully to top MSO needs, we developed these encoders that are optimized for the PEG application,” Executive Vice President Emily Nikoo noted. “Over time, PEG channels are being updated to HD as operators renew their franchise agreements. Due to the structure of these agreements, having the best performance for the lowest price is imperative. In addition to these three MSOs, the unit is also under evaluation at two more of the top six, as well as several midrange MSOs,” Nikoo continued.
Shipping of the PEG-NE24 encoders is underway. Operators can now efficiently transport SD and HD video and audio PEG signals over existing HFC networks, eliminating the need for expensive dedicated links or bandwidth-hungry analog sub-band solutions. The encoder sends signals from a local origination site back to the headend or hub location, so they can be multiplexed and broadcast, making it ideal for multipoint distribution applications.
About Blonder Tongue
Blonder Tongue Laboratories, Inc. together with R. L. Drake Holdings, LLC – its wholly owned subsidiary – offer customers more than 130 years of combined engineering and manufacturing excellence with solid histories of delivering reliable, quality products. As a leader in the field of cable television communications, the Company provides system operators and integrators serving the cable, broadcast, satellite, IPTV, institutional and professional video markets with comprehensive solutions for the provision of content contribution, distribution and video delivery to homes and businesses. The Company designs, manufactures, sells and supports an equipment portfolio of standard and high definition digital video solutions, as well as core analog video and high speed data solutions for distribution over coax, fiber and IP networks. Additional information on the Company and its products can be found at www.blondertongue.com, and www.rldrake.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: The information set forth above includes “forward-looking” statements and accordingly, the cautionary statements contained in Blonder Tongue’s Annual Report and Form 10-K for the year ended December 31, 2014 (See Item 1: Business, Item 1A: Risk Factors, Item 3: Legal Proceedings and Item 7: Management’s Discussion and Analysis of Financial Condition and Results of Operations), and other filings with the Securities and Exchange Commission are incorporated herein by reference. The words “believe”, “expect”, “anticipate”, “project”, “target”, “intend”, “plan”, “seek”, “estimate”, “endeavor”, “should”, “could”, “may” and similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to projections for our future financial performance, our anticipated growth trends in our business and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analysis only as of the date hereof. Blonder Tongue undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Blonder Tongue’s actual results may differ from the anticipated results or other expectations expressed in Blonder Tongue’s “forward-looking” statements.
Blonder Tongue Contact:
Executive Vice President