Amino Technologies inks supply contract with US telco
By Iain Gilbert
Date: Tuesday 12 Mar 2019
(Sharecast News) - Media and entertainment technology firm Amino has won a contract to supply its OS software to US telecommunications provider Waverly Utilities.
Amino told investors on Tuesday that the contract demonstrated progress on its transformation programme, focused on software and services and value-add hardware sales.
The AIM-listed outfit's AminoOS powered Kamai 650M IPTV device will be deployed to seamlessly deliver enhanced IPTV services across the Iowa multiservice provider's high-speed fibre-optic network and the group will also collaborate with its strategic middleware partner Minerva Networks to facilitate Waverly's ongoing rollout of video services.
Chief executive Donald McGarva said: "We are pleased to demonstrate progress on our transformation programme which we launched alongside our full-year results earlier this year.
"We believe that Waverly is representative of many operators seeking solutions that can leverage in-home coax cabling via agile devices."
As of 1020 GMT, Amino shares had dipped 1.16% to 85p.
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