Harris Corporation (NYSE:HRS) today announced that it has developed a strategic alliance with Factum Electronics (STO:EFFN). For the complete Harris News release, please see beolow. "We are very pleased to team up with Harris and view this as a major step in building our digital communication business. This alliance will above all give us access to Harris global distribution and marketing network," says Hans Runesten, Chairman, Factum Electronics AB and CEO, Effnet Holding AB. About Factum Electronics AB and Effnet Holding AB (publ) Factum Electronics AB, a wholly owned subsidiary of Effnet Holding AB (publ), is a world leader in the areas of DMB, Digital Multimedia Broadcasting, and NICAM, digital stereo sound for television broadcasting. Factum Electronics develops and sells system solutions for signal encoding, decoding and processing and serves professional broadcasting customers in more than 40 countries. Additionally Factum Electronics develops and sells middleware for receiver chip manufacturers and test & monitoring equipment. For more information about Factum, please visit www.factum.se and more information about DMB is available at www.worlddab.org. For more information about Effnet Holding AB (publ), please visit www.effnetholding.se. Effnet Holding AB (publ) is traded on the First North list of the Stockholm Stock Exchange, under the ticker (EFFN). For more information about Effnet Holding AB (publ) please visit www.effnetholding.se. Harris Corporation Aligns With Factum Electronics AB for DMB and DAB Broadcast Transmission Platforms Alliance Brings Transmission and Headend Equipment and Expertise Together into a Turnkey Package for Mobile Transmission of Audio, Video and Data Harris Corporation, an international communications and information technology company, has developed a strategic alliance with Factum Electronics AB of Linkoping, Sweden, that will allow Harris to offer comprehensive Digital Multimedia Broadcasting (DMB) and Digital Audio Broadcasting (DAB) solutions to broadcasters that want to offer digital audio, mobile video and data services over a single platform to consumer handheld devices. The alliance allows the two companies to distribute and market Harris and Factum Electronics products and support services. Harris Broadcast Communications Division offers a range of DMB and DAB transmitters through its Radio Broadcast Systems business unit. Factum will provide the required headend equipment for the compression and multiplexing of various digital audio, video and data services into a single transport stream en route to the transmitter. The Harris(R) transmitters would receive and modulate the signals in preparation for over-the-air transmission to mobile devices. "The announcement of Harris Corporation's strategic alliance with Factum Electronics AB provides both companies a leg up by positioning us as the first vendors that can offer a comprehensive transmission and headend solution for DAB and DMB," said Richard Redmond, director of strategic marketing, Harris Broadcast Communications Division, Radio Broadcast Systems business unit. "The ability for digital radio broadcasters to transmit video and data services alongside audio has raised interest levels around the globe. Our agreement with Factum will allow us to better service customers that are interested in delivering mobile services to consumers using the DAB or DMB standards." Harris Broadcast Communications Division also offers a comprehensive mobile TV transmission and headend platforms for DVB-H and FLO(TM) standards through its Television Broadcast Systems business unit. The company has increased its visibility in DAB and DMB recently as part of its comprehensive portfolio of digital radio platforms including DRM (Digital Radio Mondiale) and HD Radio(TM). Harris is the only company that supports all the digital radio standards. "Factum Electronics is pleased to enter into a strategic alliance with Harris as both companies seek to increase their profiles in DMB and DAB," said Kenneth Lundgren, managing director, Factum Electronics. "Harris has an excellent reputation worldwide in the transmission of television and radio services, whether analog or digital. We believe that our expertise in compression and multiplexing for the DAB and DMB standards creates a comprehensive solution for broadcasters who prefer to come to one company for their mobile broadcasting needs." About Harris Corporation Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of about $4 billion and more than 14,000 employees -- including more than 6,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications(TM) products, systems, and services for global markets, including government communications, RF communications, broadcast communications, and wireless transmission network solutions. Additional information about Harris Corporation is available at www.harris.com. About Factum Electronics AB Factum Electronics AB, a wholly owned subsidiary of Effnet Holding AB (publ), is a world leader in the areas of DAB/DMB, Digital Audio/Multimedia Broadcasting, and NICAM, digital stereo sound for television broadcasting. Factum Electronics develops and sells system solutions for signal encoding, decoding and processing and serves professional broadcasting customers in more than 40 countries. Additionally Factum Electronics develops and sells middleware for receiver chip manufacturers and test & monitoring equipment. For more information about Factum, please visit www.factum.se and more information about DAB/DMB is available at www.worlddab.org. Effnet Holding AB (publ) is traded on the First North list of the Stockholm Stock Exchange, under the ticker (EFFN). For more information about Effnet Holding AB (publ), please visit www.effnetholding.se. FLO(TM) is a trademark of QUALCOMM. HD Radio(TM) is a trademark of iBiquity Digital Corporation This information was brought to you by Cision http://newsroom.cision.com Harris Corporation (NYSE:HRS) today announced that it has developed a strategic alliance with Factum Electronics (STO:EFFN). For the complete Harris News release, please see beolow. �We are very pleased to team up with Harris and view this as a major step in building our digital communication business. This alliance will above all give us access to Harris global distribution and marketing network,� says Hans Runesten, Chairman, Factum Electronics AB and CEO, Effnet Holding AB. About Factum Electronics AB and Effnet Holding AB (publ) Factum Electronics AB, a wholly owned subsidiary of Effnet Holding AB (publ), is a world leader in the areas of DMB, Digital Multimedia Broadcasting, and NICAM, digital stereo sound for television broadcasting. Factum Electronics develops and sells system solutions for signal encoding, decoding and processing and serves professional broadcasting customers in more than 40 countries. Additionally Factum Electronics develops and sells middleware for receiver chip manufacturers and test & monitoring equipment. For more information about Factum, please visit www.factum.se and more information about DMB is available at www.worlddab.org. For more information about Effnet Holding AB (publ), please visit www.effnetholding.se. Effnet Holding AB (publ) is traded on the First North list of the Stockholm Stock Exchange, under the ticker (EFFN). For more information about Effnet Holding AB (publ) please visit www.effnetholding.se. Harris Corporation Aligns With Factum Electronics AB for DMB and DAB Broadcast Transmission Platforms Alliance Brings Transmission and Headend Equipment and Expertise Together into a Turnkey Package for Mobile Transmission of Audio, Video and Data Harris Corporation, an international communications and information technology company, has developed a strategic alliance with Factum Electronics AB of Link�ping, Sweden, that will allow Harris to offer comprehensive Digital Multimedia Broadcasting (DMB) and Digital Audio Broadcasting (DAB) solutions to broadcasters that want to offer digital audio, mobile video and data services over a single platform to consumer handheld devices. The alliance allows the two companies to distribute and market Harris and Factum Electronics products and support services. Harris Broadcast Communications Division offers a range of DMB and DAB transmitters through its Radio Broadcast Systems business unit. Factum will provide the required headend equipment for the compression and multiplexing of various digital audio, video and data services into a single transport stream en route to the transmitter. The Harris� transmitters would receive and modulate the signals in preparation for over-the-air transmission to mobile devices. �The announcement of Harris Corporation�s strategic alliance with Factum Electronics AB provides both companies a leg up by positioning us as the first vendors that can offer a comprehensive transmission and headend solution for DAB and DMB,� said Richard Redmond, director of strategic marketing, Harris Broadcast Communications Division, Radio Broadcast Systems business unit. �The ability for digital radio broadcasters to transmit video and data services alongside audio has raised interest levels around the globe. Our agreement with Factum will allow us to better service customers that are interested in delivering mobile services to consumers using the DAB or DMB standards.� Harris Broadcast Communications Division also offers a comprehensive mobile TV transmission and headend platforms for DVB-H and FLO� standards through its Television Broadcast Systems business unit. The company has increased its visibility in DAB and DMB recently as part of its comprehensive portfolio of digital radio platforms including DRM (Digital Radio Mondiale) and HD Radio�. Harris is the only company that supports all the digital radio standards. �Factum Electronics is pleased to enter into a strategic alliance with Harris as both companies seek to increase their profiles in DMB and DAB,� said Kenneth Lundgren, managing director, Factum Electronics. �Harris has an excellent reputation worldwide in the transmission of television and radio services, whether analog or digital. We believe that our expertise in compression and multiplexing for the DAB and DMB standards creates a comprehensive solution for broadcasters who prefer to come to one company for their mobile broadcasting needs.� About Harris Corporation Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. Headquartered in Melbourne, Florida, the company has annual revenue of about $4 billion and more than 14,000 employees � including more than 6,000 engineers and scientists. Harris is dedicated to developing best-in-class assured communications� products, systems, and services for global markets, including government communications, RF communications, broadcast communications, and wireless transmission network solutions. Additional information about Harris Corporation is available at www.harris.com. About Factum Electronics AB Factum Electronics AB, a wholly owned subsidiary of Effnet Holding AB (publ), is a world leader in the areas of DAB/DMB, Digital Audio/Multimedia Broadcasting, and NICAM, digital stereo sound for television broadcasting. Factum Electronics develops and sells system solutions for signal encoding, decoding and processing and serves professional broadcasting customers in more than 40 countries. Additionally Factum Electronics develops and sells middleware for receiver chip manufacturers and test & monitoring equipment. For more information about Factum, please visit www.factum.se and more information about DAB/DMB is available at www.worlddab.org. Effnet Holding AB (publ) is traded on the First North list of the Stockholm Stock Exchange, under the ticker (EFFN). For more information about Effnet Holding AB (publ), please visit www.effnetholding.se. FLO� is a trademark of QUALCOMM. HD Radio� is a trademark of iBiquity Digital Corporation This information was brought to you by Cision http://newsroom.cision.com
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