HCS Holding AB (publ): Effnet licenses its header compression technology to Siemens AG
Luleå, 2013-01-18 09:09 CET (GLOBE NEWSWIRE) -- Header Compression Sweden Holding AB (publ)
Effnet AB, the leading provider of header compression software for wireless and fixed networks, today announced that it has licensed its header compression technology to Siemens AG, a leading electrical engineering and electronics company.
A communication link between power substations is a tough operating environment for IP based applications like voice and data. Effnet has licensed its high quality and mature header compression technology to serve this environment. Effnet's technology enables more efficient use of transmission capacity and supports more simultaneous applications and users.
"Effnet is proud to add Siemens AG to its customer base in the area of power line communications. This license is also another step in building a portfolio of contracts with recurring revenue streams for Effnet." says Joakim Enerstam, Managing Director, Effnet AB.
Effnet's header compression products have been designed with a focus on achieving high compression efficiency using limited system resources. The products are highly portable and easy to integrate into various platforms. They are available off-the-shelf and are used by customers around the world in a variety of technology areas and applications.
For further information, please contact:
Joakim Enerstam, Managing Director, +46 (0)70 341 5615
or visit: http://www.hcholding.se/
About Effnet AB and HCS Holding AB (publ)
Effnet AB, a wholly owned subsidiary of HCS Holding AB (publ), is a world leader in the area of IP Header Compression. Effnet develops and sells embedded software that increases the efficiency, speed and quality of IP traffic in fixed, mobile and satellite networks. For more information about Effnet and more information about IP Header Compression please visit http://www.effnet.com/. HCS Holding AB (publ) is traded on First North NASDAQ OMX, under the ticker HCH and its certified adviser is Remium (http://www.remium.com/). For further information about HCS Holding AB (publ) please visit: http://www.hcholding.se/.