Leitch Panacea Router Receives 2005 Market Leadership Award
Company leads small routing switcher market with 25 percent share
CINCINNATI, November 29, 2005 — Harris Corporation (NYSE: HRS) today announced that Frost & Sullivan has honored the Leitch Panacea™ routing switcher with the 2005 Market Leadership Award for the World Broadcast Small Routing Switcher Market. The award recognizes Leitch for implementing superior market strategies that have served to establish the company as the leader in its industry.
“Leitch has demonstrated exceptional innovation and agility in anticipating and responding to the evolving needs of the broadcast industry — in particular as it relates to the industry’s transition to high definition,” said Mukul Krishna, program manager for Frost & Sullivan. “The Leitch Panacea routing switcher simply delivers everything that today’s broadcaster is looking for in a small router and has enabled Leitch to dominate this niche with more than a quarter of the market.”
Panacea™ is a low-cost routing solution that offers broadcast’s most extensive selection of matrix sizes (8x8 to 32x32, 12x1 to 256x4) and signal formats (from analog audio/video to HDTV), along with powerful, built-in control features and numerous options, allowing customers to purchase a router tailored to their specific applications. Ideally suited to general-purpose signal routing throughout a facility, on-air routing, central casting and mobile production units, Panacea™ can also serve as a low-cost alternative to a full-blown master control system through the Panacea™ Clean/Quiet switch, which offers the unique capability of simulcasting SDI and HD to ease the transition to high definition. Offering powerful control, the ability to combine multiple formats within a single frame and easy integration into existing systems, Panacea™ delivers the ultimate custom-made routing solution at a utility price point.
“When we introduced Panacea™, it brought a whole new paradigm in small routing to the market — customers no longer had to sacrifice quality for affordability,” said Tim Thorsteinson, president of Leitch, which is part of the Broadcast Communications Division of Harris Corporation. “Panacea™ has been a phenomenal success since its launch, and we are proud to be formally recognized as the leader in the small router market.”
About the Frost & Sullivan Market Leadership Award
The Frost & Sullivan Market Leadership Award is presented to the company that has exhibited market share leadership through the implementation of market strategy. The recipient has displayed excellence in all areas of the market leadership process, including the identification of market challenges, drivers and restraints, as well as strategy development and methods of addressing these market dynamics. Furthermore, the Award recipient has continually demonstrated solutions for monitoring market changes and for implementing superior market strategies. By utilizing these strategies for success, the company has established itself as the market share leader in its respective industry.
An industry leader for more than 30 years, Leitch provides high-performance, multi-format solutions for professional digital video. Through its two business segments — Digital Media and Infrastructure — Leitch offers standard-definition/high-definition (SD/HD) products and systems that enable media companies to streamline workflow from production through transmission. Leitch offers a comprehensive, award-winning portfolio of processors, routers, servers, graphics and editing solutions, master control and branding systems, digital signage, network monitoring and control software, and test and measurement instruments, along with premium customer support. Leitch is part of the Broadcast Communications Division of Harris Corporation.
About Harris Corporation
Harris is an international communications and information technology company serving government and commercial markets in more than 150 countries. With headquarters in Melbourne, Florida, the company has annual sales of over $3 billion and more than 13,000 employees — including 5,500 engineers and scientists — dedicated to the development of best-in-class assured communications™ products, systems, and services. The company’s operating divisions serve markets for government communications, RF communications, broadcast communications, and microwave communications. Additional information about Harris Corporation is available at www.harris.com.
- Contact Information
- Laura Whitaker
- Vice President, Leitch Corporate Communications
- Harris Corporation
- Contact via E-mail
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