Artec technologies : Data are the oil of the future

02.11.2015 / global, Corporate News

+ delivery of a major order involving a system for TV/radio recording and proof of broadcast
+ high volume of incoming orders in 2015 should continue in 2016

Diepholz/Bremen - 29 September 2015: For artec technologies AG (ISIN DE00 0520 9589), a specialist for the storage and evaluation of real-time information generated by various sources from television to Internet, the traditionally important fourth quarter starts with the delivery of a major order. In February 2015, the big data specialist won the international tender of the Iraqi Communications and Media Commission (CMC) for the delivery of a complex TV/ radio system for recording and proof of broadcast ( media monitoring). The independent media regulatory authority's order has a middle six-figure euro volume. Thanks to the received advance payment, the conditions for production and delivery of the order in the current year are met. Thus, the order will contribute to the clear double-digit sales growth. Until the end of the year, artec plans to both realize further orders and receive new contracts.

'The CMC order is a perfect example for our current operational and strategic business development in international markets', says Thomas Hoffmann, CEO of artec technologies AG. 'The order volume for system solutions in the media/broadcast segment has more than doubled in the current fiscal year, compared to the same period of the previous year.' artec expects a significantly increased volume of incoming orders also for the year to come, inter alia from TV stations and public institutions. Special emphasis should be placed on the huge interest of Qatari institutions - with which several projects have already been implemented successfully - in establishing a real-time TV search engine unique in the market. The concept was presented in Qatar last week.

'Data are the oil of the future. We connect people and data and thereby simplify both co-operations and sharing of knowledge.' With this vision, artec technologies has developed a concept that sets new standards for the recording, evaluation and delivery of real-time information from TV, radio, Internet TV and other sources such as social media (Big Data Analysis) by using their own technologies as well as the technologies of co-operation partners. The information is delivered by the user to his mobile devices according to a watch list. There will be several options as regard to the quality of the delivered information. For example, it will be possible to automatically translate matches.

Thomas Hoffmann: 'The artec TV search engine will be a novelty in the market. Today, we benefit from many years of research and development activities and the global IT infrastructure which has massively been improved over recent years. We offer not only harmonized, but also easy-to-handle product groups from both own and partner technologies providing users with an extensive range of TV/audio data analysis. That is our key strength.'

About artec technologies AG
artec technologies AG - listed on the stock exchanges (m:access, Munich and Open Market (Entry Standard) in Frankfurt) - is based in Diepholz/Germany, with engineering and sales office in Bremen/Germany. artec develops and produces innovative software and systems solutions since around 15 years. It's core business is recording and analysis/retrieval of professional media and their metadata. artec's brands MULTIEYE(R) for HD Video Surveillance Solutions and XENTAURIX(R) for Broadcast Logging and Streaming have sold in more than 20.000 systems worldwide. artec also provides an overall sophisticated full service, including project management, commissioning, service/support and custom developments.

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artec technologies AG
Fabian Lorenz
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