Replies to post #100754 on The Golden Lounge

[Stock]

Steve, as you know, I have been following AANI since the beginning of time when it was just a clean shell, lol

There are more milestone payments coming in their development program, and I was pleasantly surprised to see this one come to pass. There are more yet.

MOTorola has plans to sell the Fiber-To-The-Premises equipment to a major player. The rumor is that it's AT&T. They need a FTTP home gateway product to compete with Verizon FiOS... and this could be a big deal, finally, to get revenues going...

The only sad thing about the AANI stock is that little Johnny Leb ed touted this stock earlier this year -- he said he would close his web site down if the stock did not get to 2.00 a share... well, if this pans out, he won't have to flip burgers... and $2.00 seems conservative to me... but what do I know...

[Stock]

AANI news

Amedia Announces Broadband Entertainment Center Designed to Enable Telecom Carriers to Deliver Triple-Play Services and More to Any Media Device Throughout the Networked Home

Thursday , November 02, 2006 07:30 ET

EATONTOWN, N.J., Nov 02, 2006 (BUSINESS WIRE) -- Amedia Networks, Inc. (OTC BB: AANI), a provider of next generation media gateways to distribute and manage ultra-broadband triple-play services in the home, today announced that its new Broadband Entertainment Center platform is being designed to combine the collective functionality of a broadband gateway, as well as multiple home entertainment and networking equipment, with a software operating system and built-in storage - all in a single, compact solution. The platform is designed to enable telecommunications carriers to increase revenue opportunities and better manage triple-play services, while also offering more convenience, quality assurance, and other value-added benefits to subscribers.

"Today, telcos are increasingly able to bring ultra-broadband speeds to the home, creating nearly unlimited potential to deliver new services and generate more revenue," said Frank Galuppo, Amedia President, CEO, and Director. "At the same time, these carriers face new challenges in the delivery of IP based video content and the management, distribution, control, and quality assurance of these new, ultra-broadband multimedia services in the home. We built the new Amedia Broadband Entertainment Center platform specifically to help manage and solve those problems - taking the residential gateway to the next level."

The Amedia Broadband Entertainment Center is designed to be the central point of networking for various media devices throughout the networked home - from computers and televisions, to gaming consoles and beyond. Its built-in storage will allow residents to download and save multimedia content right on their gateway, and then access or display that content on virtually any networked device, using existing wiring in the home (through MoCA or HPNA interfaces) or exciting new emerging technologies in the wireless space, such as ultra-wideband.

With an added a layer of intelligence, the capabilities of the Amedia gateway extend far beyond that of today's "dumb" modems, which primarily serve to simply pass data. Amedia's QoStream technology allows service providers or subscribers to prioritize bandwidth usage to ensure the quality of various triple-play services being delivered at the same time to the home. For instance, this technology can be used to ensure that the picture quality of IPTV is never degraded by a simultaneous file download or VoIP call.

In addition to offering the collective functionality of a modem, wireless access point, router, VoIP adapter, and family firewall all-in-one, the Amedia gateway also features a built-in, industry-standard operating system. This unique feature can be used by telcos to access previously untapped revenue streams by allowing them to deliver proprietary or third-party software programs and networking capabilities to subscribers, such as web surfing, in-home messaging, remote home monitoring, a virtual family calendar, and much more.

According to a recent Parks Associates report, "Networks in the Home: Connected Consumer Electronics", members of over 16 million households are strongly interested in connecting various entertainment devices. Underscoring the universal appeal to both early and late adopters alike, the report states that 39% of broadband households with a home network, along with 37% of broadband households without a home network, consider multimedia networking applications highly valuable. Parks Associates analysts project that increasing availability of high-value, high-quality broadband services, such as IPTV, will significantly boost multimedia consumption over home networks - creating a profitable future for vendors who can help connect devices and deliver multimedia content throughout the digital home.

Amedia's new line of gateways built on the Broadband Entertainment Center platform is scheduled for Beta shipment in the first quarter of 2007.

Amedia will showcase its Broadband Entertainment Center platform next week in booth 1121 at the 5th Annual TelcoTV Conference & Expo, running Nov. 6-8 in Dallas, Texas. For general media inquiries or to schedule a meeting with Amedia at the TelcoTV show in booth 1121, please contact Kevin McLaughlin at 877-505-2258 x902 or [e-mail].

For more information on the TelcoTV Conference & Expo, visit http://www.shorecliffcommunications.com/telcotv06/

About Amedia Networks

Amedia Networks, Inc. (OTC BB: AANI) provides next generation residential media gateways to distribute and manage high-quality voice, high-definition video, and high-speed data services throughout the networked home. The Amedia residential gateway offers a single, compact, configurable device with the collective functionality of a modem, wireless access point, router, VoIP adapter, and family firewall - all in one. In addition, it features a built-in operating system for carriers to continuously develop and deliver new, ultra-broadband applications to the home. The company is led by an executive team with a long and proven history in the voice, data, and telecom industries, and its core technologies have been co-developed by Lucent Technologies, Inc.'s renowned Bell Laboratories unit. For more information, visit www.amedia.com.

All company names, brand names, and product names herein are trademarks of their respective holder(s).

This press release may contain "forward-looking" statements as that term is defined in the Private Securities Litigation Reform Act of 1995. A number of factors could cause Amedia's actual results to differ from anticipated results expressed in such forward-looking statements. Such factors are addressed in Amedia's filings with the Securities and Exchange Commission (available at www.sec.gov) and include, but are not limited to, the success and market acceptance of Amedia's triple play solution, the sufficiency of cash reserves to meet operating and other requirements, the relatively fast pace of obsolescence in the broadband communications equipment market, and the competitive environment in the economy generally and in the telecommunications specifically. Amedia assumes no obligation to update any forward-looking statements.

SOURCE: Amedia Networks, Inc.

Investors:
Alliance Advisors, LLC
Alan Sheinwald, 914-244-0062
Principal
[e-mail]
OR
Media:
Amedia Networks
JD Gardner, 732-440-1959
CFO and SVP Business Operations
[e-mail]
OR
Agency:
Resound Marketing
Kevin McLaughlin, 877-505-2258/902
Principal
[e-mail]

Copyright Business Wire 2006

[Stock]

AANI looks like it could break a buck this week.