ALBUQUERQUE, N.M., Jan. 15, 2009 (GLOBE NEWSWIRE) -- AccessKey IP, Inc., (Pink Sheets:AKYI) the developer, designer and producer of advanced entertainment and communication devices, announced today that the last phase of the company's IP Set Top Box is underway. Once this last phase is completed, AKYI's full IPTV end-to-end solution system will be ready for market. The completion of this final phase is approximately 45-60 days.
The Company has completed and tested all of the USB security communications and accompanying firmware, secure support servers and associated databases. In regard to Verimatrix(r), Macrovision(r) and its kernel (which is custom tuned for all of our stream handling and communications with our secure USB device), the Set Top Box is tested and ready.
Bruce Palmer, President of AccessKey IP, stated, "We have had five teams working in co-ordination since last year to get us to this point. (1) A hardware team for the layout of the complex secure USB devices and their slave CPU for IR reading, (2) the team working on the firmware internal to the USB dongle itself, (3) the team that has fine-tuned the Set Top Box kernel and (4) the team that has provided the massive server work. Last but not least, the fifth and final team that is providing the custom middleware."
AccessKey IP's Chairman, CEO, George Stevens, stated, "We will now have a total end-to-end IPTV delivery solution based upon our integrated USB technology that no other company in the industry has. Our unique Set Top Box solution is coming to life and will soon hit the market. To say we are proud of what we have accomplished would be an understatement."
Palmer further stated, "Although third party delays have put us approximately 45-60 days off of our original projection of a year-end 2008 completion, the box is being completed within reason of that timeframe as a result of the dedicated efforts of our staff. These are exciting times for AccessKey."
About AccessKey IP, Inc.
AccessKey IP is a developer of cutting-edge technologies and best-of-breed products tailored to address the market opportunities created by the explosive growth of digital communications, entertainment-related services and specific consumer electronics platforms.
AccessKey(tm) products, powered by the Company's patented technology, provide complete access to the coveted "Triple Play" Set Top Box (voice, video and data) and "Quadruple Play" Set Top Box (voice, video, data and wireless) offerings of cable, telecom, satellite and broadband service providers. The Company's AccessKey Home(tm) and portable flash drive-sized AccessKey PC(tm) allow subscribers to "channel surf" streaming "HD Quality" television content (IPtv), navigate the internet, watch Video on Demand (VOD) offerings, play video or internet-based games, listen to music, make phone calls (VoIP), video conference, run a full array of computing applications, securely store data and more, all from a single device and service provider network. Its wholly owned subsidiary TeknoCreations was founded to participate in the explosive growth of consumer electronics and business security needs. TeknoCreations designs high quality products with attractive pricing to enhance the consumer's favorite electronics products and the expanding security needs of corporate America.
The AccessKey IP logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4945
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of AccessKey IP, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
Please visit the Company's website www.accesskeyip.com, www.teknocreations.com