Coaxsys Moves to New Headquarters

Leader in IPTV Networking Expands to Meet Increased Customer Demand

Los Gatos, CA (PRWEB) April 22, 2005 -- Coaxsys Incorporated, makers of the #1 deployed IPTV network, today announced that it has moved its headquarters to a larger facility in Los Gatos, California. The company, which recently launched cable- and satellite-compatible high-speed home networking products, has also ramped up production of its TVnet products to meet increasing customer demands.

Coaxsys CEO Michael DAddio noted that the companys move is a direct result of increased market demand: Our successful exhibition of two new products at the NCTA National Show in San Francisco continued our market momentum and generated interest from new customers in the Cable and Satellite space. Our Telco solution has quickly become the #1 deployed IPTV network, and we are now seizing upon two large new market opportunities with our increased product offerings. Our new facility will allow us to increase staff to meet the sales, development, distribution, and support needs of our expanded product line and customer base. All in all, this is a very exciting time for our company."

The companys new headquarters is located at 420 Blossom Hill Road in Los Gatos, California, and its telephone number has changed as well. See www.coaxsys.com.

About Coaxsys
Coaxsys, Inc., manufactures groundbreaking, high-speed networking and distribution solutions utilizing standard coaxial cable. The companys new line of TVnet products enables telcos, cable operators, and satellite providers to deliver and distribute voice, data, and video throughout the home. TVnet transforms coax receptacles into a high performance multimedia network, creating new applications for digital communications and entertainment - without having to hardwire Cat 5 cable throughout the home. Coaxsys also licenses its TVnet technology to partners, such as set-top box and modem companies, that wish to make their products TVnet-Ready.

Established in 2002, Coaxsys is headquartered in Los Gatos, California. For more information on Coaxsys, visit www.coaxsys.com.

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