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Going-Concern Statement

Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers, and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business. In short, don't blame the accountants if the company files for bankruptcy protection.

You¿d reckon that a going-concern statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know more than the bean counters.

During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.

Home / Markets / Industries / Telecom

Harris Corporation and VBrick Combine Digital Signage and IP Computer Networks to Deliver Highly Efficient Hybrid Networks

 
Comtex
 

CINCINNATI, June 20, 2008 /PRNewswire-FirstCall via COMTEX/ ----Harris Corporation (NYSE: HRS) and VBrick Systems have leveraged their multimedia expertise to create a powerful, combined solution that delivers digital signage and live streaming video over various communications networks. Customers across the commercial, government and education markets now have the convenience of using one system to deliver the companies' combined digital signage and IP video streaming solutions to computer screens and digital signage displays. Harris is an international communications and information technology company, and VBrick Systems is the leader in streaming and online video systems and solutions. Their combined solution is on display at InfoComm 2008 at the Harris booth #N7119 and VBrick booth #N6841.

"Successful multichannel distribution requires a streamlined, automated media distribution workflow," said Tim Thorsteinson, president of Harris Broadcast Communications. "The combined Harris(R) InfoCaster(TM)/ VBrick(R) solution offers content owners a single point of control for delivering rich media and the critical tools to effectively and efficiently support both online and digital signage delivery models."

The VBrick video appliance and InfoCaster solution can be configured interchangeably into a network, providing a unique value proposition. The VBrick appliance provides network-friendly features such as multicast, reflecting, and HTTP encapsulation using standards-based video encoding schemes. When the VBrick appliance is combined with the Infocaster technology, the result is a single centralized digital signage system that can be used to drive displays at diverse regional, national or international locations.

The Harris and VBrick solution enables end users to enjoy:

-- Lower costs and a centralized system: The digital signage displays can be driven to thousands of client displays.

-- Interoperability: When the InfoCaster solution is used as the network interface, live video streams can be combined with other signage inputs, adding live video streams to existing deployments. This streaming digital signage channel could also conveniently appear in the VBrick EtherneTV live program guide to make access even easier.

"As the demand for both digital signage and online video communication increases, organizations will want to streamline the process with reliable solutions to help them not only capture video at the source, but also stream it live via the Internet and over digital signage networks to reach a broader audience," said Vince Graziani, chief executive officer, VBrick Systems, Inc. "Our collaboration with Harris is just one example of how VBrick is shaping the future of video."

VBrick's core product offering is the industry's leading networked video appliance. This Video Brick enables customers to capture and deliver live streaming video over any network. When combined with additional VBrick systems components and management software, the video appliance becomes the foundation an EtherneTV system. This complete video delivery system can capture, record, manage and distribute video across the enterprise.

InfoCaster systems are used for creating, scheduling, distributing, playing and reporting live video and graphics. InfoCaster manager provides the ideal way to manage video content for multiple applications, such as targeting customers over the digital signage network or providing internal corporate training and communications over the PC network, by using remote control and monitoring of groups of InfoCaster players and PC screens over the hybrid network. InfoCaster(TM) can be set to play the identical content on every screen or modified individually. InfoCaster manager uses LAN, FTP, TCP/IP network or satellite transmission to reach these wider audiences.

Harris Digital Signage(TM) solutions support the complete digital signage content delivery chain and are designed to scale from supporting small, multi-screen implementations at a single venue to enterprise implementations that encompass large numbers of venues, zones and screens. In addition to the widely used InfoCaster professional-grade graphics creation and presentation line of products, the Harris portfolio offers a full line of content management solutions for supporting creation, production, management, scheduling, distribution and reporting.

Harris Broadcast Communications offers products, systems and services that provide interoperable workflow solutions that span the entire media delivery chain. The Harris ONE(TM) approach brings together highly integrated and cost-effective products that are ideal for emerging media business models and for customers upgrading media operations to digital and high-definition services.

About VBrick Systems, Inc.

VBrick Systems is the world leader of live, online networked video solutions. Offering the most comprehensive suite of enterprise video products in the industry, VBrick provides business and organizations with robust and proven online video systems that connect people everywhere. Headquartered in Wallingford, CT, VBrick's products and services are available through industry leading value-added resellers, systems integrators and distributors. VBrick Live: See What's Next in Online Video. For more information, visit us at www.vbrick.com

About Harris Corporation

Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of more than $5 billion and 16,000 employees -- including nearly 7,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(R) products, systems, and services. Additional information about Harris Corporation is available at www.harris.com

VBrick(R) is a registered trademark of Vbrick Systems Inc.

SOURCE Harris Corporation

http://www.harris.com
   
Copyright (C) 2008 PR Newswire. All rights reserved **********************************************************************
   As of Monday, 06-16-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND
   on 06-11-2008 for HRS @ $55.10. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com
   SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights
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