Business
Vecima Networks Emerges
Vecima Networks Emerges.
About this update from Vecima Networks Inc.
[{"type":"text","content":"\n\n\n\n\nVCom prepares for November 14 name change\n\nVICTORIA, Aug. 29 /CNW/ - VCom Inc. (TSX: VCM) announced today that\neffective November 14 it will change its name and begin to operate as Vecima\nNetworks Inc. The company's CUSIP number and TSX symbol will remain unchanged\nand the company can be found on the web at its new domain,\nwww.vecimanetworks.com as of November 14.\n\"As we continue to grow and mature as a company, we must ensure that our\nbrand reflects our size and position within the marketplace\" said VCom Chief\nExecutive and Chairman, Dr. Surinder Kumar.\n\"Having surpassed 600 employees, transitioned to a public company and\nsignificantly expanded our facility holdings, we feel this is an appropriate\ntime to re-brand the firm as we shift our marketing campaigns into high gear.\nIt is critical that customers, investors, and market observers recognize our\norganization's successes and capabilities moving forward.\"\n\"While the VCom name served our purposes well in the past, our company\nhas now evolved to market numerous best-in-class products under own label and\nin a worldwide channel. The name 'VCom', and its variants, is used by various\ncompanies, and is even trademarked in some jurisdictions preventing our use of\nthe name in those countries. As we expand internationally, we need a\nuniversally recognized and proper name as we focus on developing our unique\nbrand. Vecima represents an evolution of our company from not only supplying\nOEM modules but also providing leading edge solutions under our own label. Our\ninitiatives to develop state of the art products for WiMAX and DOCSIS 3.0\nalign with this change.\"\n\"Vecima will continue VCom's core commitments to quality standards and\npersonal customer relationships,\" Kumar said. \"With Vecima we are building a\nbrand that is synonymous with our core strengths; technical pre-eminence,\ntime-to-market, agility, and solutions tailored to our customers' needs on a\ncase-by-case basis are hallmarks of our company.\"\n\nAbout VCom\n\nVCom Inc. (TSX: VCM) designs, manufactures and sells products that enable\nbroadband access to cable, wireless and telephony networks. VCom's hardware\nproducts incorporate embedded software developed by it to meet the complex\nrequirements of next-generation, high-speed digital networks. Service\nproviders use VCom's solutio...