IMO PNOT shell will be merged w/IP VIdeo Networks, Inc the private Co!!!
IP Video Networks Announces Strategic Investment in the Assets of Path 1 Network Technologies, Inc.
SAN DIEGO, May 8 /PRNewswire/ -- IP Video Networks, Inc. ("IPVN")
announced today that it has signed an agreement to purchase Path 1 Network
Technologies, Inc.'s assets including all intellectual property, patent and
use licenses, copyrights, and trademarks related to the development, sale,
and support of all it's broadcast IP video gateway products.
"We are excited about the future and can announce that all existing
Path 1 customers should count on our full support. In the broadcast
business, customer relationships are very important and our team is working
to quickly close this deal so that any interruption is minimized," says
Bart Schade, IP Video Networks, Inc. Interim CEO.
IP Video Networks is a video transmission technology company backed by
private investment.
Contact IP Video Networks at info@ipvidnet.com.