HCS Holding AB (publ): Effnet licenses its header compression technology to Altiostar Networks
Luleå, 2013-09-27 09:11 CEST (GLOBE NEWSWIRE) -- Header Compression Sweden Holding AB (publ)
Effnet AB, the premier provider of header compression software for wireless and fixed networks, today announced that it has licensed its header compression technology to Altiostar Networks, Inc., an entrepreneurial company building innovative solutions for the mobile broadband industry.
3GPP Long Term Evolution (LTE) is expected to be the leading mobile broadband technology in the near future with exponentially increasing data usage every year. The Radio Network Access (RAN) within LTE is evolving rapidly to serve the data users in the best possible way, supporting base-station form factors and capacities ranging from small-cells (distributed base-stations), macro-cells (traditional base-stations) to cloud RAN (centralized base-stations). Effnet has licensed its header compression technology for all these types of base-station products across the mobile broadband industry.
"We are building an exciting array of solutions for the mobile broadband industry. We are pleased to work with Effnet to bring the industry proven header compression technology to our customers", said Si Nguyen, Product Line Director, Altiostar Networks.
"Effnet is proud to have Altiostar Networks as its customer. This license once again demonstrates Effnet's capability to evolve with the rapidly evolving industry and serve the customers with high quality products and services. This license is another step in building a portfolio of contracts with a potential to generate recurring revenue streams for Effnet." says Joakim Enerstam, Managing Director, Effnet AB.
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/.