Technoprises, Ltd., a provider of end-to-end cross-media integration for "seamless computing", announced today that its wholly-owned subsidiary, Entertainment Application of Virtual Reality (EVR), signed a distribution agreement for Cable Modem Termination System (CMTS) equipment with Jiangsu Yitong Ltd., a manufacturer and distributor of Cable Access TV (CATV) products in China.
Under the terms of the agreement, Yitong has committed to minimum purchase orders of approximately $1 million in CMTSs and related equipment, with a potential for additional sales based on market conditions. Currently, there is strong demand for broadband via cable-based Internet access in China and using EVR's CMTS, Chinese cable operators can install scalable systems whose capacity can be increased quickly to meet subscriber demand.
The CMTSs involved in this agreement use the technology covered by Technoprises' recent licensing and development pact with Lucent Technologies, which allowed Technoprises to develop and offer fully integrated DOCSIS-based CMTSs to cable operators worldwide.
Jiangsu Yitong operates in 20 out of the 30 provinces in China and holds approximately 11% of the cable-based market in the country.