Oulu, Finland –August 5th 2003
. Hantro, the leading provider of multimedia solutions for mobile terminals, announced today that Alcatel has licensed its Multimedia Framework based video technology for integration into its range of future cellular handsets.
“Hantro’s leading edge technology and production proven technology in combination with their experience with mobile phone designs made Hantro the natural choice for our multimedia solutions” said Mr. Laurent Guyot, Vice President, Products and Solutions, Mobile Phone Division of Alcatel “ their highly integrated and power efficient solutions will enable us to provide a wide range of video applications in our future products.”
“This agreement with Alcatel further validates our position as the leading supplier of video technology for mobile handsets” says Mr Eero Kaikkonen, CEO and President of Hantro. “Being able to add a world renowned company like Alcatel to our rapidly growing list of customers proves the maturity of our product offering and our business model.”ABOUT HANTRO
Hantro provides its customers with video solutions for handheld devices. Hantro has both hardware and software based MPEG-4 and H.263 standards based video codecs that have been delivered to customers and are proven solutions. Hantro's product portfolio also includes video applications for video capturing, playback, messaging, streaming, and telephony. The company's products play a key role in the development of battery-operated video-capable end products like cellular phones, still cameras, PDAs, camcorders, PC cameras, and web pads. Hantro's investors are funds managed by CapMan, Startupfactory, Menire and Nexit Ventures.ABOUT ALCATEL
Alcatel provides end-to-end communications solutions, enabling carriers, service providers and enterprises to deliver contents to any type of user, anywhere in the world. Leveraging its long-term leadership in telecommunications networks equipment as well as its expertise in innovative applications and network services, Alcatel enables its customers to focus on optimizing their service offerings and revenue streams. With sales of EURO 16.5 billion in 2002, Alcatel operates in more than 130 countries. For more information, visit Alcatel on the Internet: http://www.alcatel.com