STOCKHOLM, Sweden - Net Insight, a leading developer of efficient and scalable transport solutions for media, IP and broadcast networks, has been named the Electronic Business of the Year 2010, by leading industry magazine 'Elektronik i Norden'.
This year, three companies met the criteria set by the panel of judges from: Elektronik i Norden magazine; the Swedish industry organization - Svensk Elektronik; and selected members from within the industry.
The criteria for selction included: use of technology, profitability, market potential, turnover, ownership structure and jobs in Sweden, as well as the company's environmental impact and corporate social responsibility. Net Insight stood as the obvious winner to the judges after closer comparison to its competitors.
The main criterion for winning was mainly in part to the company's sophisticated network technology and profitability of its business. The panel examined the annual reports of several years and also took into account future developments.
"The jury has found that Net Insight had genererated healthy profits in recent years and that its cutting edge technology excels among Swedish electronics companies," said Gunner Lilliesköld publisher of Elektronik i Norden.
"Winning the Electronic Business of the Year 2010 is a real recognition of our success in building a profitable, international company that has a highly competitive network technology which is adopted by customers worldwide," said Fredrik Trägårdh, CEO of Net Insight.
For further information, please contact:
Fredrik Trägårdh, CEO of Net Insight, +46 8 685 04 00, email@example.com
About Net Insight
Net Insight delivers the world´s most efficient and scalable transport solution for Broadcast and IP Media, Digital Terrestrial TV, Mobile TV and IPTV/CATV networks.
Net Insight products truly deliver 100 percent Quality of Service with three times improvement in utilization of bandwidth for a converged transport infrastructure. Net Insights Nimbra(TM) platform is the industry solution for video, voice and data, reducing operational costs by 50 percent and enhancing competitiveness in delivery of existing and new media services.
World class customers run mission critical video services over Net Insight products for more than 100 million people in more than 40 countries. Net Insight is quoted on the NASDAQ OMX Nordic Exchange, Stockholm.
For more information, visit www.netinsight.net