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Novra Group Wins a $2.2M Order for a Major Radio Network

This is an initial order from a major North American radio network to acquire several hundred Audiocaster Pro professional audio receivers.
2020-07-23

Novra Group Wins a $2.2M Order for a Major Radio Network

Winnipeg, MB – (Newsfile Corp. – July 21, 2020): Novra Technologies Inc. (“Novra”) (TSX-V: NVI) announced today that the Novra Group has received a new order valued at $2.2M for its new Audiocaster Pro, Novra Group’s next-generation of high-end audio receivers.

This is an initial order from a major North American radio network to acquire several hundred Audiocaster Pro professional audio receivers. It demonstrates the value of one of Novra Group’s powerful and flexible products to a market leader willing to commit to capital investment in uncertain times. The same customer earlier this year contracted a Novra Group company to upgrade their head-end network management systems. We anticipate that there will be follow-on orders for additional audio receivers as this client moves forward with refreshing equipment for the rest of the network.

This order is expected to be delivered between Q4 of 2020 and early 2021, given current global supply chain projections and schedules. The Novra Group companies continue to conduct business as usual within public health guidelines in their various locations, shipping products and delivering services to customers around the world.

The Audiocaster Pro is one of the new generation of products resulting from Novra’s considerable on-going R&D investment and commitment to develop leading products for the radio market.  It features advanced functionalities that support sophisticated multichannel audio distribution, including:

  • Reliable on-air signal verification of AM/FM broadcasts. This allows each receiver to monitor broadcasts to ensure that the audio is playing properly
  • Internet distribution capabilities—works over satellite, internet connection, or a combination of both
  • Expanded highly reliable onboard storage for “station-in-a-box operation”, so extensive content can be stored and scheduled for local playback with the reliability of RAID redundancy and hot-swap capabilities.

These advanced features help radio networks meet the evolving needs of their stations in an increasingly competitive landscape.

The Novra Group offers a full line of radio receivers, head-end equipment, and expert services designed to meet the technology needs of professional radio networks of any size and complexity. The Audiocaster Pro is the latest evolution of the high-end Novra Group audio products designed for large complex networks. The next-generation MAP receiver provides an ideal solution for medium-sized and smaller radio networks that want the flexibility to select from a wide range of powerful features today with the ability to expand in size and features over time as needed. The longstanding industry-favorite International Datacasting Corp. (IDC) STAR and SFX product lines continue to provide solid, proven performance to networks around the world, ranging in size from a few to many hundreds of stations.

Novra Group President and CEO Harris Liontas commented, “This order is very welcome news. It confirms that Novra Group provides the kind of business-critical technologies that keep customers continuing to make capital investments in our products—even in the current conditions. We appreciate this show of confidence in both our products today and our roadmap strategy going forward, as we continue to develop new products, capabilities, and technologies to meet customers’ current and future requirements.”

About the Novra Group:(Novra, TSX-V: NVI) The Novra Group of companies includes Novra Technologies, International Datacasting Corporation, and Wegener Communications. The companies in the group are known for a strong focus on applications—broadcast video and radio, digital cinema, digital signage, and highly reliable data communications—as well as a strong tradition of innovation, excellence, and flexibility. Novra Group is proud to work with a global network of trained partners and resellers. For more information visit:www.novragroup.com.

Forward-Looking Statements:

This press release contains “forward-looking statements” within the meaning of applicable Canadian securities laws, concerning but not limited to, completion and delivery of customer contracts.  Forward-looking statements are generally identifiable by words such as “expect”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “outlook”, “opportunity”, “momentum”, “potential”, “targeted”, “plans” “possible”, “poised for”, “looking forward to”, “getting ready to”, and similar expressions, or statements that events, conditions or results “will”, “can”, “may”, “could”, “should” or are “expected to” occur or be achieved.   As such, forward-looking statements are not historical facts but reflect our current assumptions and expectations regarding future events. These are subject to a number of risk and uncertainties that could cause actual results or events to differ materially from current expectations and assumptions.  Some of these risks and uncertainties are described herein under the “Risks and Uncertainties” section of the MD&A.

For the above reasons, readers are cautioned not to place undue reliance on forward-looking statements. 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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CONTACT:

Harris Liontas, President & CEO
+1 204 989 4632
hliontas@novra.com

 

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Novra Group Moves Into The Future With Expanded Products and new Technology

Wednesday, July 7, 2021

Ottawa, ON – (July 7, 2021):  Novra Technologies Inc. (“Novra”) (TSX-V: NVI) and its subsidiary International Datacasting Corporation (“IDC”) announced the expansion of its MAP product line into new applications and markets including video, data, and digital cinema.

The MAP (short for “Modular Architecture Platform”) was designed to be a highly flexible next-generation hardware platform with tightly integrated software that can be easily upgraded and expanded to address emerging requirements.

The MAP was launched with the MAP Pro Audio, a full-featured, robust receiver for broadcast radio. The Pro Audio supports application-specific features such as targeted ad insertion, balanced audio outputs, GPIO/relay closures, and more. Since its introduction MAP Pro Audio has been embraced by networks around the world with deployments ranging from the US and Latin America, to Europe, Australia, and Asia.

Now the MAP product line is expanding to address other key market applications:

  • MAP Pro Data: for high-speed data applications such as video contribution, IP data, blockchain and more
  • Pro Cinema: for next-generation secure and speedy digital cinema distribution with integrated live event video capabilities
  • Pro Video: professional live video decoding for broadcasters

These are cutting-edge applications in niche markets where the Novra Group companies have provided technology leadership for years.

Using a common hardware platform like MAP means products are easier to build, maintain, and support. Efficiencies in manufacturing and resulting cost savings can be passed along to customers and the development time for adding new features like DVB-S2X is greatly accelerated.

Features in common across the MAP platform include:

  • Support for satellite and IP delivery
  • Built-in MISTiQ IP cloud technology with SRT as well as support for Zixi
  • Expandible hardware and software: features ranging from increased on-board storage to third-party software can be integrated to customize or meet emerging requirements
  • Designed to support industry-leading encryption and conditional access

Gary Carter, VP Products and Business Development commented: “We are longtime leaders in the business of secure, reliable delivery of multimedia content for broadcasters, service providers, and network operators around the world. We have always had a focus on applications—understanding how our customers use our technology and keeping ahead of the curve. In addition to the work we have done to expand the MAP product line we are working on adding DVB-S2X and additional tuners to our S400 family of data receivers as well as updating our ATSC products to support ATSC 3.0. There are exciting new opportunities in our industry and we are in the thick of it!”

NovraGroup President and CEO Harris Liontas added, “I’m very pleased with the innovation initiatives our team has put together. We used the pandemic lull to invest in R&D to be ready for next-generation requirements and growth. Our focus is not just on great technology, it has to make business sense. We partner with our customers to provide technology to help them sustain and grow their business.”

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About Novra and International Datacasting: Part of the Novra Group (Novra, TSX-V: NVI) International Datacasting Corporation (IDC) is a longtime global provider of products, systems and services for the distribution of multimedia broadband content. The Novra Group of companies includes Novra Technologies, International Datacasting Corporation, and Wegener Communications. The companies in the group are known for a strong focus on applications including: broadcast video and radio, digital cinema, digital signage, and highly reliable data communications. For more information visit: datacast.com.

CONTACT:

Diana Cantu, VP Marketing & Sales
+1-613-596-4120 x2202 dcantu@datacast.com