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12/03/2010

Playbox Profits Positive

The international 'TV station in a box' manufacturer, PlayBox Technology, has reported record sales.
Further growth is also planned for 2010, assisted by developments in both technology and the expansion of worldwide regional operations.
Provisional figures for 2009 show 28% consolidated volume growth over 2008, itself a record in a recession year following on from successive growth years.
The 2009 results were boosted by the company’s development of regional markets as well as its continued technical product development. The new PlayBox product lines in the Digital Signage and AV markets also added to the numbers.
As a part of the planned growth for 2010, PlayBox will open two further regional offices during the year serving Southern Europe and the expanding South American market.
PlayBox Chief Executive Officer, Vassil Lefterov, commented: "This recession has made our customers look even more closely at value for money, and we have been delivering it. We have had a fantastic year and are now building on our strengths to do more.
"A lot of our business is about developing ideas with customers and delivering what they want. The new regional offices allow us to do this on a wider scale. We are also looking for additional ways to accelerate our expansion."
PlayBox Technology is an international communications and information-technology company serving the broadcast, corporate and digital signage markets in more than 100 countries.
It is dedicated to the research, design, development and provision of the best products, systems, solutions and services.
PlayBox Technology users cover a wide range of today’s broadcast activities and include start-up TV channels, webcasters, DVB (IP/ASI) TV channels, interactive TV and music channels, film channels, remote TV channels and disaster recovery channels as well as satellite, local, regional, national and international broadcasters.
(BMcC/GK)
VMI.TV Ltd

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