PLANO, Texas, July 31, 2013 /PRNewswire/ -- ViewCast
Corporation (OTCQB:VCST) announced today that it has retained
Silverwood Partners LLC, a Boston-based investment banking firm
specializing in digital media technology, to evaluate strategic
alternatives for ViewCast's growth. For more information,
please contact Nicolas McCoy,
Managing Director at 508-651-2441 or by email at
nmccoy@silverwoodpartners.com.
"ViewCast is a market leader in the development of
industry-leading solutions for the capture and streaming of video
over enterprise, broadband and mobile networks," stated ViewCast
Chief Executive Officer David
Brandenburg. "In order to take full advantage of the
market opportunity and maximize our business potential, we plan to
review the full range of strategic alternatives that better
position the company for growth."
Silverwood Partners is a specialized investment bank that
provides mergers & acquisitions and private placement advisory
services to media technology, consumer products, business services
and healthcare companies.
ViewCast enables anyone to "deliver video whenever,
wherever." With more than 400,000 Osprey® video capture
cards and thousands of Niagara® streaming systems deployed
globally, ViewCast is at the forefront of the video industry.
ViewCast (www.viewcast.com) is headquartered in Plano, Texas, USA, with sales and distribution
channels worldwide.
Safe Harbor Statement
Certain statements in this release are forward-looking within
the meaning of the Private Securities Litigation Reform Act of 1995
and reflect the Company's current outlook. Such statements apply to
future events and are therefore subject to risks and uncertainties
that could cause actual results to differ materially. Important
factors that could cause actual results to differ materially from
forward-looking statements include, but are not limited to, changes
in market and business conditions, demand for the Company's
products and services, technological change, the ability of the
Company to develop and market new products, increased competition,
the ability of the Company to obtain and enforce its patents and
avoid infringing other parties' patents, and changes in government
regulations. All written and verbal forward-looking statements
attributable to ViewCast and any person acting on its behalf are
expressly qualified in their entirety by the cautionary statements
set forth herein. ViewCast does not undertake any obligation to
update any forward-looking statement to reflect circumstances or
events that occur after the date on which the forward-looking
statements are made. For a detailed discussion of these and other
cautionary statements and factors that could cause actual results
to differ from the Company's forward-looking statements, please
refer to the Company's reports on Form 10-K and 10-Q on file with
the U.S. Securities and Exchange Commission.
ViewCast, Niagara SCX, Osprey, SimulStream, and Niagara are
trademarks or registered trademarks of ViewCast Corporation or its
subsidiaries. All other products are trademarks or registered
trademarks of their respective companies.
SOURCE ViewCast Corporation