DragonWave, Espial, C-Com Satellite Systems Inc. and Pronexus are among the local companies announcing new agreements.
Ottawa-based DragonWave (TSX:DWI), a supplier of wireless broadband components, has announced a new sales agreement with a Chinese firm. Xi’an Potevio Communications, a subsidiary of the state-owned China Potevio Corporation, will sell and distribute DragonWave’s packet microwave radio systems in the country. According to a press release issued on Wednesday, the company has already made its first deliveries of DragonWave microwave radios to a Chinese mobile company. During a conference call with investors on Tuesday, DragonWave executives said that the large-scale upgrades to 4G networks in China would create opportunities for the troubled company.
Ottawa-based digital TV software provider Espial (TSX:ESP) has had its video-on-demand system deployed by TEO LT, a large telecommunications company in Lithuania. “The Espial MediaBase platform has been carefully designed to streamline content delivery, dramatically reducing capital and operating expenses for telco operators like TEO in Lithuania as they roll out innovative streaming services such as video-on-demand and time-shift TV,” said Jaison Dolvane, Espial’s president and CEO in a press release.
C-COM Satellite Systems Inc. (TSXV:CMI), an Ottawa-based provider of commercial satellite antennas, has received a number of new orders for antenna systems from its largest Russian reseller, AltegroSky, the company announced on Tuesday. The antennas will be used for oil and gas exploration by a large multinational.
Pronexus, an Ottawa-based developer of automated telephone systems, will see its product used to develop a new interactive phone system for the TemPositions Group of Companies, a staffing agency with operations in the New York City area and Northern California. The system will allow the company to provide temporary staff to its clients over 2,000 times a month without the need for customers or temporary staff to talk to a live person.