Advanced Security Encryption Module to Secure Smart Grid Access
/EINPresswire.com/ SALT LAKE CITY, UTAH—June 7, 2010 -Axial Vector Energy Corporation – “AVEC” – (Pink Sheets: AXCV) (Frankfurt: BAE1) and Broadcast International – BI – (OTC: BCST) jointly announced today that AVEC has entered in a software license agreement with BI. AVEC will implement the BI Security Encryption Software Module, which is a sub-component of its flagship software platform. Terms of the license agreement were not disclosed.
AVEC is leading the way in providing advanced, next generation alternative energy solutions. In particular, the company has developed an innovative rich-data management platform that optimizes “Smart Grid” technology to dramatically improve power consumption rates and dramatically reduce the costs of delivering power over traditional electrical grids.
By implementing remote access technology to monitor effective power consumption, electrical companies can monitor and throttle the optimal energy rate per consumer based on sophisticated data management communications between the network and the home.
Because of the sensitive nature of both the access to the network and the information flowing over it, it is imperative that communications be compressed, encrypted, and secure. Thus, the drive to partner with Broadcast International. AVEC will embed BI’s Security Encryption Software Module, which is a sub-component of the CodecSys™ Software Framework. This autonomous module enables a secure “algorithmic” methodology to encrypt both data and video. AVEC will enjoy the highest level of national security data and rich-media transmission.
“We are dealing with some of the most sensitive, real-time information in the world. It is imperative that our communications are protected and secure. We’ve analyzed software from around the world and have determined that the approach created by Broadcast International to compress and encrypt video brings tremendous value in our data-centric world. BI will set our solution apart from any other vendor in the world” said Sam Higgins, Chairman, AVEC.
“This license agreement further validates the power of our software platform. We are able to respond to AVEC’s requirements by de-coupling our advanced algorithms for video compression and encryption and apply them to this unique application of data communication. This is the exact flexibility that our customers and partners require for the dynamic nature of a software-based encoding platform”, said Rod Tiede, CEO Broadcast International.
About Broadcast International
Broadcast International is a leading provider of video-powered broadcast solutions, including IP, and digital satellite, Internet streaming and other types of wired/wireless network distribution. BI’s patented CodecSys software is a breakthrough, multi-codec video compression technology that cuts video bandwidth requirements over satellite, cable, IP and wireless networks. By slashing bandwidth needs, CodecSys enables a new generation of applications such as streaming video to cell phones, and offers unprecedented price/ performance benefits for existing applications such as HD video.
Broadcast International is a public company (OTC BB: BCST) headquartered in Salt Lake City, UT. For more information, visit: www.brin.com.
About Axial Vector Energy Corporation
Axial Vector Energy Corporation (AVEC) is a global solutions provider that owns, develops and licenses revolutionary internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. AVEC and its partners are positioned to become unrivalled leaders in international engine and energy markets with technologies that produce more efficient, cost effective, environmentally sensitive and versatile solutions for use in a wide variety of important applications around the world.
For Further Information Please Contact:
Axial Vector Energy Corporation??