Statmon Technologies Awarded State of Maryland Monitoring & Control Contract for Maryland Public Television & Statmon's Broadcast Business Rebounds Post HD TV Switchover in June, 2009

Wednesday July 22, 2009, 11:37 EDT

CHICAGO--(BUSINESS WIRE)--Statmon Technologies Corp. (OTCBB:STCAE - News), an emerging wireless and remote site infrastructure management solution provider focused on network solutions for worldwide broadcasters and telecom carriers. The company is also active in the building management networks and navigation aid markets.

Statmon Technologies is pleased to announce that State Government owned Maryland Public Television (“MPT”) has selected and awarded Statmon Technologies their transmission systems monitoring and control project valued at approximately $250,000. The project encompasses seven transmission sites and one uplink facility at various locations across the State of Maryland as well as a Network Operations Center located in the Maryland Public Television facilities in Owings Mills, MD.

The MPT project includes interface to and management of traditional broadcast equipment from transmitters and exciters to emergency power systems and microwave infrastructure. The project also includes remote management from any location in the state or any connected location. The technologies implemented and deployed include SNMP, serial, and TCP interface as well as traditional parallel connectivity. The backbone of the solution will be Statmon Technologies proprietary software application AXESS with utilization of ROVING and OVERSITE as remote clients. These Statmon products provide MPT with the highest degree of flexibility and functionality available in the market

Mr. Geoffrey Talbot, the Chairman and CEO of Statmon Technologies, commented, “The Maryland Public Television project is a highly prestigious implementation for Statmon Technologies. The project is expected to become a showcase for all the other state governments seeking to reduce their communications infrastructure costs and quickly facilitate the re allocation scarce resources in these times of budget restraint.” Mr Talbot went on to say, “Now that the analog television and HD TV switch over, which was further delayed by the Federal government to June 12, 2009, is finally behind us, Statmon is experiencing increased activity in its core mobile TV to cell phone subscribers and broadcast markets. Most HD TV rollouts were put on hold in late 2008 as the financial markets crashed immediately followed by the economy downturn and plummeting advertising revenues for broadcasters. With the analog TV infrastructure now being removed the broadcasters are in a position to complete the build out of their more cost effective digital transmission infrastructures. The Statmon platform has a strategic role in achieving cost effective operating objectives.” Mr. Talbot concluded, “While Statmon may have been ahead of our time until now, there are strong indications in the prevailing environment that Statmon is in the right place at the right time and we are well positioned for rapid growth both with the hundreds of wireless telecom carriers and the mainstream broadcasters around the world.”