Iptv was 50% large emphasis on integration projects. Bear margins of around 50% compared to pure headend deals which are around 56-57%. Sales and marketing team is very active. Showcased new products for iptv and broadcasters. Launched MGW � with HD capabilities and Creator- professional grade content creating solution.
They recognized one large installations- Latvia � 1.5$ mil 4 other installations were several hundred thousand $ each. Iptv revs should be stable or even get better next Q, even though a dealy in rev recognition of one contract could have a large effect. Sales activity is growing: 2 major customers already in installation phase. Few others in negotiations. They are putting a lot of efforts talking with large vendors like SI, Huawei, Nortel. Hope they'll have good news soon as they r in final stages of test and qualifications�