artec technologies AG: Qatar News Agency expands their XENTAURIX TV Recording and Analysis System

Large order strengthens artec’s market position in Middle East

DIEPHOLZ/ BREMEN, Germany--()--artec technologies AG (ISIN DE0005209589), a supplier of innovative professional network-based video recording and streaming systems, is expanding their market share in Qatar by receiving a large follow-up order from Qatar's leading news agency QNA (Qatar News Agency).

Two years ago, artec had delivered a 200-channel Xentaurix recording system. Now, this system will be upgraded and expanded to more than 400 channels. With this, artec delivers one of the largest realtime video intelligence systems in Middle East, holding around 2 Million hours of TV storage. Main reason for receiving this order was artec's solution for Mobile TV. The new cross-platform H.264 codec enables content delivery to any different mobile device as live stream or VoD.

Thomas Hoffmann, CEO of artec, states: "We are well perceived as a major vendor of professional cutting-edge technology and custom software systems in Qatar. This new major deal clearly consolidates and extends our market share and helps establishing our brand throughout the Middle East."

artec's board is expecting a significant rise in orders from the Gulf Region for this remaining fiscal year and even more in 2016.

More infos at: http://www.artec.de/en/page/home.html

About artec technologies AG

artec technologies AG - listed on the stock exchanges m:access, Munich and Open Market (Entry Standard) in Frankfurt - is based in Diepholz/Germany, with engineering and sales office in Bremen/Germany. artec develops and produces innovative software and systems solutions since around 15 years. It's core business is recording and analysis/retrieval of professional media and their metadata. artec's brands MULTIEYE(R) for HD Video Surveillance Solutions and XENTAURIX(R) for Broadcast Logging and Streaming have sold in more than 20.000 systems worldwide. artec also provides an overall sophisticated full service, including project management, commissioning, service/support and custom developments.

Contacts

artec technologies AG
Thomas Hoffmann
E-Mail:
investor.relations@artec.de
Phone +49 (0) 5441-59950
Fax +49 (0) 5441-599570

Release Summary

artec, a supplier of innovative professional network-based video recording and streaming systems, is expanding their market share in Qatar by receiving a large follow-up order from Qatar News Agency.

Contacts

artec technologies AG
Thomas Hoffmann
E-Mail:
investor.relations@artec.de
Phone +49 (0) 5441-59950
Fax +49 (0) 5441-599570