Business
Novra Group Wins a $2.2M Order for a Major Radio Network
Winnipeg, Manitoba--(Newsfile Corp. - July 21, 2020) - Novra Technologies Inc. (TSXV: NVI) ("N...
About this update from Novra Technologies Inc.
[{"type":"text","content":"Novra Group Wins a $2.2M Order for a Major Radio NetworkWinnipeg, Manitoba--(Newsfile Corp. - July 21, 2020) - Novra Technologies Inc. (TSXV: NVI) (\"Novra\") announced today that the Novra Group has received a new order valued at $2.2M for its new Audiocaster Pro, Novra Group's next-generation of high-end audio receivers.This is an initial order from a major North American radio network to acquire several hundred Audiocaster Pro professional audio receivers. It demonstrates the value of one of Novra Group's powerful and flexible products to a market leader willing to commit to capital investment in uncertain times. The same customer earlier this year contracted a Novra Group company to upgrade their head-end network management systems. We anticipate that there will be follow-on orders for additional audio receivers as this client moves forward with refreshing equipment for the rest of the network.This order is expected to be delivered between Q4 of 2020 and early 2021, given current global supply chain projections and schedules. The Novra Group companies continue to conduct business as usual within public health guidelines in their various locations, shipping products and delivering services to customers around the world.The Audiocaster Pro is one of the new generation of products resulting from Novra's considerable on-going R&D investment and commitment to develop leading products for the radio market. It features advanced functionalities that support sophisticated multichannel audio distribution, including:Reliable on-air signal verification of AM/FM broadcasts. This allows each receiver to monitor broadcasts to ensure that the audio is playing properlyInternet distribution capabilities-works over satellite, internet connection, or a combination of bothExpanded highly reliable onboard storage for \"station-in-a-box operation\", so extensive content can be stored and scheduled for local playback with the reliability of RAID redundancy and hot-swap capabilities.These advanced features help radio networks meet the evolving needs of their stations in an increasingly competitive landscape. The Novra Group offers a full line of radio receivers, head-end equipment, and expert services designed to meet the technology needs of professional radio networks of any size and complexity. The Audiocaster Pro is the latest evolution of th...