TeamCast has announced excellent growth of its business activities for the third year running. TeamCast’s consolidated sales’ revenue has surpassed 9 million euros in 2007 (compared with 6.2 million in 2006 and 3.5 million in 2005). It is significant also that the American subsidiary of TeamCast, created in February 2007 in Chicago, has exceeded its targets, and registered a sales’ revenue of more than 1 million dollars in its first year of business. Particularly focused on the international market place, TeamCast has realised more than 50% of its sales’ revenue from exports. Outside the European Community, the important markets for TeamCast have been Eastern Europe, the US and Asia – regions of the world where deployment of digital terrestrial television (DTT) and personal mobile television are accelerating. These most encouraging results represent due compensation for the large efforts in research & development which TeamCast has invested over the last few years, and which have produced a range of products covering DTT and Mobile TV systems worldwide – notably the American and Chinese standards. These investments by TeamCast have been made with the support of public sponsorship, both national and regional, within the framework of collaborative research projects.
DTT and Mobile TV modulators for the US market PR TeamCast 2007 results final | ||