VANCOUVER, BC – March 30, 2016 – Apivio Systems Inc. (“Apivio” or the “Company”) (TSX.V: APV), a leading provider of VoIP solutions, is pleased to announce that the Company has received a purchase order for 2,000 units of its Monet series UT880 VoIP enterprise video phones from NEC Corporation of America (NEC). NEC is a leading provider of innovative IT, network and communications solutions and is Apivio’s distributor of Monet series phones.
Apivio expects to complete shipment of this order in Q3 2016, which builds upon the 10,000 UT880 phones Apivio sold to NEC in 2015.
Apivio is also pleased to announce that NEC has completed integration of the Monet phone with three of its four major PBX families – the NEC Univerge SV9000, SV9300 and SV9500.
“NEC’s commitment to our VoIP enterprise video phone is strong recognition of our best-in-class technology,” commented Rob Bakshi, President and Chief Executive Officer of Apivio Systems Inc. “We are excited that NEC has integrated the Monet phone with most of their PBX’s since this will expose this product to a larger customer base. We look forward to supporting NEC’s efforts to market this phone globally and increase market share of these innovative phones.”
Developed for NEC Corporation of America by Apivio, the UT880 is an Android-based smart deskphone featuring a brilliant high resolution screen with amazing video quality, a full suite of advanced telephony features, and rich video applications with advanced networking technology, all of which combine to deliver a stunning user experience. Designed to drive teamwork, performance and overall return on investment, UT880 users can download and run Android-based enterprise specific apps from NEC’s Marketplace App Store, a unique offering in enterprise telephony.
About NEC Corporation of America
Established July 1, 2006, from the combined operations of NEC America, NEC Solutions America and NEC USA, NEC Corporation of America (NEC) is a leading technology integrator providing solutions that improve the way people work and communicate. NEC delivers integrated Solutions for Society that are aligned with customers’ priorities to create new value for people, businesses and society, with a special focus on safety, security and efficiency. NEC delivers one of the industry’s strongest and most innovative portfolios of communications, analytics, security, biometrics and technology solutions that unleash customers’ productivity potential. Through these solutions, NEC combines its best-in-class solutions and technology, and leverages a robust partner ecosystem to solve today’s most complex business problems. NEC Corporation of America is a wholly-owned subsidiary of NEC Corporation, a global technology leader with a presence in 160 countries and $25 billion in revenues.
About Apivio Systems
Apivio Systems Inc. is a Canadian technology company principally engaged in the design, development, marketing, and sale of communications equipment and software. It has a wholly-owned Korean subsidiary with an established track record of supplying VoIP telephone equipment and other products to major Korean and international telecommunications carriers. For more information regarding the Company, please visit www.apivio.com.
This press release has been prepared by Apivio Systems Inc. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
– xx –
Apivio Systems Inc.
President and Chief Executive Officer