Vislink Inc (NASDAQ:VISL) operates in a very niche business and has managed to become a notable player in the particular space. The company is involved in collecting, managing, and then delivering high-quality live video. Additionally, it also works with the data associated with such videos. At this point, the company is regarded as the global leader in this space.
On Tuesday, Vislink announced that it is planning to announce its financial results for the full year ended on December 31, 2020, on March 31, 2020. However, that is not all. Additionally, Vislink is also going to have its own webcast on Thursday, April 1, 2020, from 10 a.m. Eastern Time. During the webcast, Vislink is aiming to have a review of the financial results and is also going to provide a business update.
In addition to that, Vislink also announced the launch of a new product. The company launched its new product Quantum, which is an IP-native wireless camera receiver. This product is meant for providing people with highly reliable reception from transmitters in wireless cameras.
In addition to that, it integrates IP connectivity at the center of live videos, thereby helping in the creation of efficient workflows. This is a product that is going to help in sending video content through an IP fiber network and get rid of the additional stages of video compressions that are often involved.
In other words, Quantum can not only raise the quality of the videos that are being produced but also get rid of the considerable capital expenditure that are involved with video equipment.
The Chief Executive Officer of the company, Mickey Miller stated that the coronavirus pandemic has changed the way in which people go about their jobs. Hence, there is considerable new demand for products that can bring a lot of production flexibility to the table and Quantum is a product that could help in accomplishing that.
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