VISLINK CHOSEN TO PROVIDE HIGH DEFINITION ‘LIVE’ ON-BOARD VIDEO SYSTEMS FOR THE PRESTIGIOUS EUROPEAN FERRARI CHALLENGE RA...
April 30 2020 - 11:30AM
Vislink Technologies, Inc. (NASDAQ: VISL) today announced that it
has been chosen by Italian Integrator NVP SpA (BIT- AIM: NVP SPA)
to provide High Definition ‘Live’ On-Board Video Systems for the
prestigious European Ferrari Challenge Race Series.
Vislink is the pioneer and innovation leader of
‘live’ On-Board Video Technology, supplying RF Video systems to
many of the most important global motorsport race series as well as
leading-edge Wireless Camera Systems for very high-quality
uninterrupted Pit Lane and Paddock coverage.
“Despite the current lockdown, a huge amount of
work has been going on behind the scenes, with all safety
precautions being strictly adhered, in order to be ready to bring
audiences around the world, exciting ‘live’ On-Board footage,” said
Raj Kotecha, Vice President for Strategic Accounts & Motorsport
at Vislink. “We look forward to implementation as soon as the
series gets the ‘greenlight’ to go racing again.”
About Vislink Technologies,
Inc.
Vislink Technologies is a global leader in the
development and distribution of advanced communication solutions.
Driven by technical excellence that has led the industry for over
50 years, our innovative products and turnkey solutions provide
reliable connectivity in the toughest environments across the
global live production, military and government sectors. Our
solutions include high-definition communication links that reliably
capture, transmit and manage live event footage, as well as secure
video systems that support mission-critical applications. Vislink
Technologies shares are publicly traded on the Nasdaq Capital
Market under the ticker symbol VISL. For more information,
visit www.vislink.com.
Note on Forward-looking
Statements
This press release may contain projections or
other forward-looking statements within the meaning of the Private
Securities Litigation Reform Act. These statements involve risks
and uncertainties, and actual events or results may differ
materially. Among the important factors that could cause actual
results to differ materially from those in the forward-looking
statements are the risk that our reduction in operating expenses
may impact our ability to meet our business objectives and achieve
our revenue targets and may not result in the expected improvement
in our profitability, the fact that our future growth depends in
part on further penetrating our addressable market and also growing
internationally, and we may not be successful in doing so; our
dependence on sales of certain products to generate a significant
portion of our revenue; the effect of a decrease in the sales or
change in sales mix of these products would harm our business; the
risks that an economic downturn or economic uncertainty in our key
U.S. and international markets may adversely affect demand for our
products; difficulty in accurately predicting our future customer
demand; the importance of maintaining the value and reputation of
our brand; and other factors detailed in our Annual Report on Form
10-K for the year ended December 31, 2019 and our other subsequent
filings with the Securities and Exchange Commission. These
forward-looking statements speak only as of the date hereof or as
of the date otherwise stated herein. The Company disclaims any
obligation to update these forward-looking statements.
FOR MORE INFORMATION:
Emily Fox Emily.fox@vislink.com
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