Broadcast News

Bookmark and Share
15/01/2004

OmniBus Systems announces $12.5m cash boost

OmniBus Systems have announced that its majority shareholder Palamon Capital Partners has made a new capital injection of $12.5m.
The funding is intended to retire debt and support further technology development and significant expansion of OmniBus’ US activities.
It follows the completion of a market study conducted on behalf of Palamon by the management consultants McKinsey & Company.
The study indicated that OmniBus' groundbreaking G3 architecture shows enormous potential in the broadcast market because it addresses the industry's demand for modular technology that is flexible and scalable.
The research also confirmed that OmniBus is well positioned for strengthening its US operations.
"The McKinsey research validates the vision and direction that OmniBus has taken to date," said Andrew Hawkins, a Partner at Palamon Capital Partners. "With the solid technological groundwork in place and the funding to support it, the company is now perfectly positioned to roll out the next generation of products at exactly the time that the industry demand is accelerating."
To guide the company through this new chapter in its development, Mike Oldham - previously the CEO of OmniBus Systems' North American subsidiary - has been appointed Chief Executive Officer with worldwide responsibilities.
Oldham, also formerly COO for Encoda Systems, said "We go into 2004 in great shape. As a result of a significant increase in orders during 2003, we have our strongest-ever order book and we have attracted important growth funding from our biggest shareholder.
"These are exciting times for the industry, for our company, our customers and our partners. With a management team in place that boasts decades of practical broadcast experience and that includes some of the best-known names in the industry, we are set to deliver the first products based on our G3 architecture.
"In the coming months, we'll be seeing a continued roll out of new products and more and more facilities going to air with them."
OmniBus G3 technology offers a unique implementation of micro-modular design, delivering integrated units of functionality, each of which addresses the precise requirements of individual users.
In sharp contrast to the "one-size-fits-all" approach of traditional software development, G3 provides tailored, task-specific modules that share a common interface.
Because this flexible, scalable architecture is based on standard, open-IT protocols, it allows broadcasters to use a single, consistent interface to integrate, control and configure OmniBus products and third-party equipment for smooth content-flow management throughout entire operations.
OmniBus' Chief Technical Officer, Ian Fletcher said: "The timing of the new investment, Mike Oldham's new role in the company and the first releases of G3 technology that are being extraordinarily well-received by the marketplace prove that OmniBus is facing the future with renewed confidence and vigour.
"The new technology platform combined with the support of our investors positions OmniBus to be the major broadcast software provider for years to come."
(GB)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

30/08/2004
Pharos interfaces audio servers to OmniBus Systems' G3 platform
OmniBus Systems have announced that Pharos Communications has become the first third-party vendor to interface products to the OmniBus G3 platform. Ph
28/05/2004
OmniBus G3 wins award at Cable & Satellite International/Mediacast
Omnibus System' groundbreaking G3 technology was recently named as 'best broadcast automation/asset management solution' at the Cable & Satellite Inte
14/10/2005
New projects build on OmniBus' commitment to Malaysian market
OmniBus Systems has consolidated its position at the heart of the Malaysian broadcast marketplace with new installations of its world-leading newsroom
25/08/2005
New projects build on OmniBus' commitment to Malaysian Market
Omnibus Systems has consolidated its position at the heart of the Malaysian broadcast marketplace with new installations of its world-leading newsroom
09/02/2007
Malayala Manorama Extends Operations With OmniBus
Malayala Manorama, a major publishing house based in Kottayam, India, has successfully extended its operations into 24-hour news broadcasting, using t
25/04/2002
BBC renews training partnership with Omnibus
BBC Training & Development has announced the renewal of its partnership with OmniBus Systems Limited. The partnership was established in 2001, in orde
01/08/2008
OmniBus To Deliver Broadcasting Solutions On HP Servers
OmniBus Systems, a provider of comprehensive broadcast automation and content management solutions, today announced that it is working with HP to prov
22/04/2004
OmniBus Systems to provide management system for NOB
OmniBus Systems have announced that they are to provide Dutch broadcast facilitator NOB, with a comprehensive management system, as part of an extensi
22/03/2002
Omnibus unveils newsroom solutions at NAB
OmniBus Systems will be unveiling enhancements to its award-winning newsroom, asset management and content delivery solutions, as well as demonstratin
26/08/2004
OmniBus Systems reports revenue rise in first half-year
OmniBus Systems have reported a dramatic increase in revenue for the first half of 2004, up 50% over the same period in 2003, with contracted sales or
01/07/2002
OmniBus integrate workflow systems
OmniBus Systems have revealed that they have integrated workflow and task management applications, media asset management (MAM) solutions and their co
13/04/2001
OMNIBUS SYSTEMS TO DEMONSTRATE UPGRADES
EMPHASISING the breadth and range of their broadcast solutions, OmniBus Systems will be demonstrating upgrades and enhancements to their market-leadin
08/08/2023
Brompton Technology To Demonstrate New TrueLight® Technology
Brompton Technology will be demonstrating its latest solutions, including its new TrueLight® technology, at this year's SIGGRAPH Conference in Los Ang
14/07/2004
OmniBus Systems to showcase new G3 product range at IBC 2004
Omnibus Systems, a leading provider of broadcast automation and asset management solutions, will demonstrate a suite of new products based on its awar
28/06/2002
Omnibus Systems appoint new CEO
OmniBus Systems have appointed Dr Sanjaya Addanki as new group chief executive officer. Dr Addanki was previously CEO for CityReach International, a l