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05/11/2010

Haivision Acquires CoolSign

Haivision, a leading provider of end-to-end H.264 IP video solutions, has announced that it has acquired the assets of CS Software Holdings, including the CoolSign product technology.
CoolSign, a veteran player in the digital signage market, provides comprehensive software solutions for mission critical enterprise-ready signage deployments.
With CoolSign, Haivision can deliver solutions that combine intelligent video with graphics and data easily and securely to any desktop, display, digital frame and mobile device.
Mirko Wicha, President and CEO of Haivision Network Video, said: "Haivision recognises the opportunity for converging video streaming, IPTV, interactive media and digital signage. We are positioned as the only company that can deliver end-to-end technology solutions and a unified infrastructure for communications across all media delivery platforms."
Lou Giacalone Jr, CoolSign Founder, said: "It became obvious that Haivision and CoolSign had a perfectly aligned vision. With our substantial combined technical resources and deep industry expertise under one roof, we can deliver truly disruptive capabilities to the market."
CoolSign was initially launched more than 12 years ago and boasts a very large installed base of networks and players at premier clients, covering a broad spectrum from retail to corporate, to pure-play digital-out-of-home advertising (DOOH) networks. CoolSign is a feature-rich signage solution, incorporating sophisticated technology to control, schedule, distribute, display, and monitor digital media.
Wicha said: "Today, Haivision serves over five million players every day across many platforms. Haivision has grown at a compounded annual growth rate of over 40% for the past six years and has just closed off another record year. We continue to invest heavily in engineering and global expansion to deliver the best media solutions to the market."
Haivision is maintaining the excellent CoolSign brand under the Haivision umbrella and is planning strong cross product technical development to introduce Makito performance HD video encoding into the CoolSign solution suite and to extend the Furnace IP video system with the signage control capabilities of CoolSign.
(KMcA)
VMI.TV Ltd

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