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TheStreet Open House

Generation Technologies Corporation Expands Operations

OVERLAND PARK, Kan., April 3, 2013 /PRNewswire/ -- Generation Technologies Corporation (GTC) has selected Cavern Technologies to provide a colocation network operation and datacenter to serve the growing demand for NIMxchange.

NIMxchange is GTC's cloud based digital/media asset management (DAM/MAM) and content distribution network technology (CDN) that delivers breaking and fast turnaround news and sports video clips to more than 350 television news stations, agencies and networks across the U.S. and abroad.

This expansion is driven by the migration of broadcasters from legacy, capital intensive satellite, leased line, and private point-to-point content interchange systems to cloud based services that require little or no capital investment.

The addition of this colocation facility marks another milestone for GTC as they securely extend their lead in file based broadcast news and sports content distribution.

"Television news is an industry where every minute counts. Our television networks, syndicators and agencies expect and depend on NIMxchange to expeditiously transcode and deliver their content at the highest possible quality.  This expansion will double our station facing infrastructure and give us the capability to support 5,000 concurrent television producers and editors while delivering 10 million of minutes of broadcast quality content a year" says David Cunningham, President. 

About Cavern Technologies

Cavern Technologies provides datacenter and disaster recovery suites to high uptime, mission critical businesses including banks, hospitals and telephone companies.  Their secure underground facility is Energy Star, GSA approved and SSAE 16 Type II certified with redundant power and data entrances. Learn more about Cavern Technologies at www.CavernTechnologies.com

About Generation Technologies

Generation Technologies founded broadcast newsroom computer technology in the 1970's. In more recent decades, GTC has lead in the distribution of fast breaking news and sports content using satellite and cloud-based technology. Learn more about Generation Technologies and NIMxchange at www.GenerationTechnologies.com

For more information, contact:

Chris HalfordDirector of Sales913-345-1012 ext. 102 ChrisH@GenerationTechnologies.com www.GenerationTechnologies.com

SOURCE Generation Technologies Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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