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Maximum Throughput Announces Sony Investment |
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Montreal, CANADA, November 13, 2006 Maximum Throughput Inc., developers of ultra high-performance software-based solutions for networked storage infrastructure and media management, announced today that Sony Electronics, Inc., has made a strategic investment in the company. This investment has been accompanied by additional funding from the company's current investors. "Maximum Throughput develops solutions that can be very complementary to our plans for developing a 4K digital workflow, from acquisition to display," said John Scarcella, president of Sony's Broadcast and Business Solutions Company. "We realized the potential of these technologies and decided the time was right to create a strategic relationship." At the National Association of Broadcasters show in April, both companies conducted a successful digital workflow demonstration. Content acquired in Sony's HDCAM SR 4:4:4 format was digitized by the Max-T Sledgehammer system directly from the HDCAM SR tapes and made available across a local area network. Max-T's current investors, The Business Development Bank of Canada, GTI Capital, and Edgestone Capital, also contributed to this latest round of funding. Giovanni Tagliamonti, Max-T's CEO, had the following to say. "We're delighted that Sony decided to invest in Max-T. We feel that this is market validation of the highest order for our strategy, and we look forward to deepening our relationship over the coming months and years."
For more information please contact: Maximum Throughput Inc.
©2006 Maximum Throughput Inc., all rights reserved. Maximum Throughput and the Maximum Throughput logo are registered trademarks and Sledgehammer NAS, Sledgehammer SD!O, Sledgehammer HD!O, Sledgehammer SOS, Xstoner, MAXmedia, MAXmin, and Chisel are trademarks of Maximum Throughput Inc. in the U.S., Canada, and other countries. All other brands or products are trademarks or registered trademarks of their respective holders.
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