HOUSTON, Dec. 11, 2019 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions, today launched a major expansion of its Adaptive Video Intelligence (AVI) suite called AVI LIVE. The market’s leading product for bandwidth-optimized secure video streams, now has a complete content management system and trigger- based workflows to significantly reduce requirements for “eyes-on-glass” monitoring. The completely redesigned user interface improves the viewing experience while accessing multiple video streams across devices and improves remote camera access control features in shared-customer environments. No other system provides more enterprise flexibility to control, stream, and record video with motion analytics from any type of camera or video codec.
“AVI LIVE offers an expanded video intelligence system that maximizes our customers’ investment in their remote video systems while providing secure cloud-based storage and real-time access,” said Edward Traupman, RigNet’s Senior Vice President and General Manager of Products and Services. “This state-of-the-art video intelligence suite leverages RigNet’s exclusive video compression technology, reducing bandwidth requirements by more than 80% and providing military-grade encryption to ensure the highest level of data protection.”
AVI LIVE remains agnostic to a location’s existing video technologies, such as CCTV, analog, IP, thermal, drones, wearables, ROVs, diver units and other camera systems. With RigNet’s exclusive video compression technology, streams are delivered over any IP network and can achieve more than 80% bandwidth savings compared to other available video compression standards, such as H.264 and MPEG-4. Facilities and remote operation centers will now benefit from cost-efficient, high-quality video streams with ultra-low bandwidth usage by migrating from on-premise storage to cloud-based storage.
To learn more, visit https://www.rig.net/AVILIVE
About RigNet, Inc.:
RigNet (NASDAQ: RNET) delivers advanced software and communications infrastructure that allow our customers to realize the business benefits of digital transformation. With world-class, ultra-secure solutions spanning IP connectivity, bandwidth-optimized OTT applications, IIoT big data enablement, and industry-leading machine learning analytics, RigNet supports the full evolution of digital enablement, empowering businesses to respond faster to high priority issues, mitigate the risk of operational disruption, and maximize their overall financial performance. RigNet is headquartered in Houston, Texas with operations around the world. For more information, please visit http://www.rig.net.
Forward Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 – that is, statements related to the future, not past, events. Forward-looking statements are based on the current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “anticipate,” “believe,” “intend,”, “will”, “expect,” “plan” or other similar words. These forward-looking statements involve certain risks and uncertainties, including those risks set forth in Item 1A – Risk Factors of the Company’s most recent 10-K filing, and ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. For further discussion of risks and uncertainties, individuals should refer to RigNet’s SEC filings. RigNet undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.
Investor Relations Contact:
Lee M. Ahlstrom
Senior Vice President and Chief Financial Officer
Tel: +1 (281) 674-0699