This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Ericsson Wins 2014 NAB Innovation Award

  • NAB Technology Innovation Award defines Ericsson's industry leading position in Ultra High Definition TV (UHDTV)
  • Ericsson is the only vendor to offer service providers a complete solution to enable the acquisition, exchange and distribution of 'true' 4K UHDTV video
  • NAB recognition builds on over two decades of pioneering and award-winning video compression

STOCKHOLM, Sweden, April 10, 2014 (GLOBE NEWSWIRE) -- Ericsson (NASDAQ:ERIC) has been awarded one of the television industry's highest honors, the NAB Technology Innovation Award, for its pioneering work in Ultra High Definition TV (UHDTV) 4K. The award was formally presented to the company at a gala ceremony on April 9, 2014, in the Paradise North Ballroom, Las Vegas Hotel by NAB President and CEO, Gordon Smith.

Ericsson has been a leading light in the development of 'true' 4K UHDTV and has been responsible for a number of high profile 4K UHDTV landmarks over the past two years, undertaking over twenty five live trials with major industry partners, such as BT Sports, Korea Telecom Skylife, Intelsat, Measat, and Sky Sports. Through its annual ConsumerLab research, Ericsson recognized that consumers increasingly expect and demand the highest quality services, which provide truly immersive viewing experiences. Ericsson's 4K UHDTV content exchange solution was specifically developed to enable the transition of the living room experience towards cinematic quality and to transform the way consumers watch content.

Gordon Smith, President and CEO of NAB said: "This prestigious NAB Innovation Award marks the importance of UHDTV and shows TV service providers that now is the time to start building the necessary ecosystems and libraries of compelling UHDTV content. Ericsson has been instrumental in pushing forward this next evolutionary step in television broadcasting quality. Its technology and expertise has played an integral role in enabling trials across the globe such as the world's first live full multi-camera 4K UHDTV sports production and delivery."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,154.00 +122.86 0.72%
S&P 500 2,001.93 +17.80 0.90%
NASDAQ 4,553.8510 +34.9490 0.77%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs