Vecima Releases New Terrace IQ Feature Set, including HLS Input with Verimatrix Digital Rights Management

Vecima Networks Inc. (TSX: VCM) announced today the release of a new Terrace IQ^™ feature set which includes HTTP Live Streaming (HLS) input with Verimatrix digital rights management (DRM). The Vecima Terrace portfolio of Commercial Video Gateways allows operators to efficiently deliver bulk video services and enables a transition from legacy video delivery to more modern technologies such as Adaptive Bitrate (ABR) delivery. The features announced today extend Vecima’s innovative, market-leading position in Commercial Video Gateways.

The addition of support for Verimatrix’s DRM platform is an exciting evolution of Terrace IQ’s IP-enabled video delivery feature set. In addition to already supporting Secure Reliable Transport (SRT), Terrace IQ also supports high channel capacity, integrated transcoding, Pro:Idiom® encryption, IP output, and QAM output in a modular form factor. Where protection of high value content is paramount, Vecima customers have recognized Verimatrix as an industry leader.

“Verimatrix prides itself in providing customers with the latest anti-piracy technologies to help drive their modernization strategy,” said Asaf Ashkenazi, Chief Operating Officer and President at Verimatrix. “It’s all about bringing value to customers and filling their needs. By working directly with Vecima for many years now, that strategy continues to be enhanced.”

“We are proud of our work with Verimatrix on the new Terrace IQ feature set, as well as many other initiatives through the years,” said Clay McCreery, Chief Operating Officer at Vecima. “Both Vecima and Verimatrix bring passion and expertise to the industry with the mission to provide unmatched video gateway performance that can be easily deployed in large numbers with operational ease and spending efficiency.”

More information about Terrace IQ is available at vecima.com/products/terrace/iq/.

About Verimatrix

Verimatrix (Euronext Paris: VMX) helps power the modern connected world with security made for people. We protect digital content, applications, and devices with intuitive, people-centered, and frictionless security. Leading brands turn to Verimatrix to secure everything from premium movies and live streaming sports to sensitive financial and healthcare data, to mission-critical mobile applications. We enable the trusted connections our customers depend on to deliver compelling content and experiences to millions of consumers around the world. Verimatrix helps partners get to market faster, scale easily, protect valuable revenue streams, and win new business. Visit www.verimatrix.com.

About Vecima Networks

Vecima Networks Inc. (TSX: VCM) is leading the global evolution to the multi-gigabit, content-rich networks of the future. Our talented people deliver future-ready software, services, and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. We help our customers evolve their networks with cloud-based solutions that deliver ground-breaking speed, superior video quality, and exciting new services to their subscribers. Learn more at vecima.com.

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Contact information

Investor Relations: 250-881-1982, invest@vecima.com

Media Relations: bernadette.dunn@vecima.com, david.slovensky@vecima.com